U Run It ICO
U Run It is the world’s first decentralized blockchain based gambling platform which is cent percent managed by its community members.
|ICO Name||U Turn It|
|Description||U Run It is the world’s first decentralized blockchain based gambling platform which is cent percent managed by its community members.|
|White Paper URL||https://urunit.io/docs/whitepaper_eng.pdf|
|ICO Launch||2018/09/15 05:00|
|ICO Closing||2018/10/15 05:00|
|Token Platform||ETH (ERC20)|
|Coin Price||1 URUN = 0.00125 ETH|
|Funding Target||9,000,000 tokens|
|Funding Cap||60,000,000 tokens|
|Coins Offered||75% out of total token supply|
What Is U Run It?
U Run It is the world’s first decentralized blockchain based gambling platform which is cent percent managed by its community members. Unlike other gambling platforms, where players are not given their due winnings and gambling rules and manipulated, the platform allows its users to host games, monitor, and control the house as well as receive most of the benefits. The platform intends to bring revolution in the gambling industry. Blockchain technology and execution of smart contracts make the platform secured and transparent.
U Run It is the world’s only blockchain based gabbling platform that enables its users to have full control over it. Earlier, gambling platforms are known for their bad reputation because of unfair distribution of winnings and manipulation of gaming results. U Run It is going to change the way people used to gamble. The platform brings blockchain and smart contracts solution to the world of gambling. U Run It allows its users to host games, control the house and earn maximum benefit. At U Run It, players can create their gaming rooms and act as a moderator for a specific time or unless the game is over. The platform ensures the transparency level and each connected party receives their due rights.
How Does U Run It Work?
At U run It, all games including card tables, tournaments, poker rooms, lotteries, and slot machines are controlled by players themselves. A player hosts each game at a time. Automated drawing of the lots is held to select the winner that will be hosting the game. All parameters and gaming rules are defined by that player. The player hosting the game need to pay a nominal fee to the platform in respect of this lease. As long as the game is active, the owner of the game receives full advantage to not only monitor and control the game but also performs all basic functions. When the game ends, the owner receives most of the benefit earned in form of profits during the lease period. The more the user plays, the higher he/she gets ranked, and the chances of becoming an owner of the game trough drawing lots are increased.
Earn U Run It Tokens
Like all other ICOs, people need to contribute to the pre-sale or crowd sale of the ICO to earn U Run It tokens. The ICO will be offering its tokens in three phases including closed pre-sale, pre-sale, and public sale. The closed pre-sale of the ICO has just begun. People who wish to earn U Run It token can get themselves registered with the platform. The ICO is likely to offer bonuses of up to 50% to people subscribing it during the first fifteen days of its closed pre-sale phase. It is to be noted that, investors need to pass KYC factor in place by the ICO in order to earn U Run It tokens.
Buy U Run It Tokens Using E-Wallets
The platform is powered by ethereum tokens. Those who wish to buy U Run It tokens need to transfer ethereum to the platform. People can also use BTC, LTC, XRP and DASH to buy U Run It tokens from the platform. The ICO will also be registered with many exchanges around the world, people can also buy U Run It tokens from all such exchanges. They may do so in exchange for other cryptocurrencies.
The ICO Distribution
The ICO plans to launch its token sale close to the last quarter of this year. The expected date of the ICO’s token public sale is September 15, 2018. The ICO is likely to last for about a month. It will end its token sale on October 15, 2018. There will be 60,000,000 tokens available for sale. The soft cap of the ICO is defined as 9,000,000 tokens. The ICO will observe a hard capping of 60,000,000 tokens. The minimum transaction allowed at U run It, will be 0.01 ETH. The starting price of the platform’s token is expected to be 1 URUN = 0.00125 ETH.
The ICO plans to distribute its tokens under the following proportion;
- 75% tokens are planned to be distributed to the general public during the pre-sale and crowd sale of the ICO
- 07% tokens are planned to be distributed to the reserve fund of the ICO
- 06% tokens are planned to be distributed to the founding members of the ICO
- 05% tokens are planned to be distributed to the team members of the ICO
- 05% tokens are planned to be distributed to offer rewards and bounty programs by the ICO
- 02% tokens are planned to be distributed to the advisors to the company
The ICO plans to allocate its funds generated through the token sale under following proportion;
- 45% funds are planned to be allocated to the marketing department of the ICO
- 30% funds are planned to be allocated to the research and development department of the ICO
- 15% funds are planned to be allocated to the stabilization fund of the ICO
- 05% funds are planned to be allocated to the legalization and licensing of the ICO
- 05% funds are planned to be allocated to the consultation department of the ICO
As mentioned above, the ICO plans to offer bonuses to its early contributors. The ICO will be offering up to 50% bonus during the closed pre-sale phase, 20% during the pre-sale phase, and up to 10% during crowd sale of the ICO.
The ICO has following team members;
- Lyudmila Vasilyeva is the Lead Mathematician at U Run It
- Maria Sokolovskaya is the Copywriter at U Run It
- Liudmila Ivashchenko is the Photo & Video Producer at U Run It
- Irina Kolkova Grushkovsky is the Strategy Development Manager at U Run It
- Shay Dvir is the Chief Technology Officer at U Run It
- Nikita Yeryomin is the Development Team Leader at U Run It
- Anna Thais is the UI/UX Senior Designer at U Run It
- Amit Bhagwat is the Performance Test Analyst at U Run It
- Yevgeniya Bayura is the Web Developer at U Run It
- Sergey Dobryak is the Back-end Architect at U Run It
- Valerii Anosov is the Head of Cybersecurity at U Run It
- Sergey Kasyanuk is the Financial Director of the company
- Roman Bairak is the Head of Law Department of the company
- Alexander Cherednichenko is the Full Stack Developer of the company
- Alex Orlov is the SEO specialist at U Run It
- Yogesh Padsala is the Blockchain Developer at U Run It
- Hira Siddiqui is the Blockchain Developer at U Run It
- Oleksandr Oliynyk is the Community Manager Of the company
Invest In U Run It
After a careful review of the ICO, we hereby conclude that U Run It is one of the finest ICOs we have ever reviewed. The ICO intends to be the leader of the gambling industry. It has a wonderful objective to pursue which is likely to be appreciated by most of the gamblers. We believe the ICO is going to be a real success. We, therefore, suggest people invest in U Run It open heartedly. We hold a firm believe that people won’t regret their decision ever.