Unikrn, an esports betting operator, and creator of the UnikoinGold (UKG) token, says it expects to launch cryptocurrency betting in April 2018. Unikrn also has shared it has been accepted by the Malta Sandbox program for cryptocurrencies and blockchain technologies provided by the Malta Gaming Authority (MGA). Unikrn says it already holds a Malta Gaming Authority license for online sports betting.
Unikrn is planning to be one of the first to launch within the parameters of the Sanbox, and expects to begin offering crypto e-sports betting in some European markets during the 2nd quarter. This will be following their fiat betting rollout across the same region of Europe, also powered by their MGA-issued license, expected in early 2018.
“Unikrn sees responsible, safe and regulated betting experiences as the cornerstone of a functioning gambling industry. We are proud to be singularly positioned to assist the inevitable, and necessary, evolution of the gaming industry in Europe. Our upcoming crypto launch isn’t just on the cutting edge; it’s helping design the cutting edge,” commented Rahul Sood, Unikrn CEO.
An MGA spokesperson said their plans of establishing the sandboxed environment for cryptocurrency usage within the digital gaming sector, and also the application of Distributed Ledger Technology within the industry, are well underway.
“We are looking forward to issuing the first draft for public consultation in Q1 2018.”
Unikrn was launched in late 2014 as a regulated and licensed sport bookmaker founded by Sood and Karl Flores.