The U Run It platform is a modular, comprehensive and fully ready-to-use platform. Operators can install U Run It platform, customize it for their brand, add game content and launch the casino in just a few days. Operators will also avoid many of the problems and costs associated with integrating the back office, accounting and user management.
The platform provides operators with everything they need to manage a licensed and profitable casino: an integrated back office, game management, security, transparent game results, exclusive content availability, as well as integrated analytics on players and their behavior. The platform also comes with built-in bonus system for players, currency management, as well as geo-location system that can be used to distribute bonuses based on the location or to limit games availability for specific locations.
The U Run It Platform has some components which include the following:
Gambling market problems
Time goes by, technologies change, but the main principle in the world of gambling remains the same: players come to the casino and spend their money hoping for a quick win. the problem is that the vast majority of players lose and don’t have even a slightest chance to affect the work of the casino in any way. Consequently, the game rules, as well as the rules of conduct for the players are determined entirely by the casino that strips the players to the thread and gets its super-profits from them. The players are only cash cows.
Signs on the venues, bonus programs and technologies may change, but any casino still operates by the same principal. As a result, gambling market (including online) is filled with almost identical casinos that gives the gamers absolutely no choice as all of the casinos look pretty much the same.
Thus, the key issues of the market are:
- based on our surveys, casino customers are very venturous people who are constantly looking for action and novelty; they get bored quickly, and are forced to
move from one casino to another constantly looking for something different - it is very difficult for the casinos to attract new players, and they are forced to
spend significant part of the profits on advertising, bonuses, affiliate programs
and other gimmicks to attract customers - no matter how much money casino spends to keep customers for as long as
possible, it doesn’t work - customers simply won’t stay for long.
Gambling market has obviously reached the dead end. Of course, casinos try to spend more money, use new technologies (such as blockchain) and come up with new gimmicks to attract and retain new customers, but they are not very successful at it.
The only way out of this situation is to change the basic principles of the casino operation.
How is it possible? It’s very simple. The solution is an entirely new type of casino, the casino managed by the players, who host all the games. In other words, absolutely all games, card tables, poker rooms, tournaments, slot machines, lotteries, etc. in this casino are controlled by the players themselves. Each game is hosted by a certain player.
This player determines parameters of the game or tournament he is hosting and becomes the owner of the game for the time being. Let’s say, each game is leased to one of the players for a nominal fee. It can be leased for an hour, a day, a week, or a month. During this lease, the owner of the game not only monitors what is going on, but also performs basic functions of a moderator.
At the end of this period, the owner of the game receives most of the profit generated during his lease. A small share of revenue will go to the casino to cover the expenses for the maintenance of the platform, its further development, as well as allow a little profit for the owners. We are convinced that the company owners’ profits should not exceed 10% of revenue. Another highlight is the possibility of holding auctions among gamers.
Every player who receives the right to host the game can also initiate an auction among other players of the platform to sell this right. Also, the players can use their right to host a game as a bet or buy-in for some games. In other words, the right to host the game can be either sold, or it can become a bet in the game.
How it works
Players control everything
Absolutelly all games, card tables, poker rooms, tournaments, slot machines, lotteries, etc. in the casino are controlled by the players themselves. Each game is hosted by a certain player.
Game leasing
This player determines parameters of the game or tournament he is hosting and becomes the owner of the game for the time being. Let's say, each game is leased to one of the players for a nominal fee.
Daily drawings
The easiest way to give each user the opportunity to become the owner of the game is drawing of the lots. Drawings are held automatically. The winner should pay a small fee in URUN tokens to confirm his/her right to own the game
During this lease, the owner of the game not only monitors what is going on, but also performs basic functions of a moderator.
Profit
At the end of this period, the owner of the game receives most of the profit generated during his lease.
Player's rank
The more often the user plays and the bigger his bets, the higher is his rank. And the higher is the player's rank, the more chances he has to become the owner of the game.
Feature
What a player can do with his right to host a game
- He can host the game and receive the profit generated during his lease
- He can sell this right to other players (fixed price, auction or lottery)
- He can use this right as a bet or buy-in for some games
- He can sell his rank to other players (fixed price, auction or lottery)
- He can use his rank as a bet or buy-in for some games
Every user can create his own private games and give the access to them to his friends and acquaintances. All private games are accessible only by invitation.
Jackpots
70% of all URUN tokens are collected by platform will be used in daily, weekly and monthly jackpot drawings. Every user who deposited a certain amount of URUN tokens to his account or has a certain rank is eligible for a jackpot.
Token sale
Token exchange rate: 1 URUN = 0.00125 ETH (1 ETH = 800 URUN)
Total number of tokens available: 80,000,000
Total number of tokens for sale: 60,000,000
Minimum goal (Soft Cap): 4,000,000 Tokens
Maximum goal (Hard Cap): 60,000,000 Tokens
Accepted currency: ETH automatically (BTC, LTC, XRP, DASH - manually)
The URUN tokens can be used for the following which include : paying lease fee for the right to own the place, buying player’s rank from other platform users, boosting up their game in public games lists,receiving bonus for attracting referral players, as a currency to deposit and withdraw funds to or from the player’s account, as collateral for participating in the jackpot drawing.
Roadmap
Q3 2017
Market research. Design anddevelopment of "U Run It" platform
concept; forming the team.
Q4 2017
Confirmation of the playersinterest in the platform .Beginning of the
platform development .
Q1 2018
Preparation for public saleand developing a smart contract.
Q2 2018
Tokens closed pre-Sale .
Q2 - Q3 2018
ICO stages (pre-lCO, marketing campaign, ICO).
Q3 - Q4 2018
The token is emitted tomajor crypt exchanges.
Q3 2018 - Q1 2019
Obtaining all the requiredlicenses
and registrations .
Q3 2019
Release of Alfa-version of the platformand the beginning of active testing
among players. Alpha version allows
deposits and withdrawals only in
cryptocurrencies and URUN tokens .
Q4 2019
Release of Beta-version of theplatform, signing contracts with
game developers. Integration of
deposits and withdrawals
in fiat currencies .
Q1 2020
Launch of the platform with basicset of games and its release to the
European market. Start daily,
weekly and monthly jackpot drawings
Q2 2020
Updating and expandingthe catalog of games.
Release of the platform
to the Asian and US markets.
Q3 2020
Release of the mobile versionof the platform for iOS & Android
and incorporation of casual
games and games of skill .
Q3 2020
Integration of games fromthird-party developers.
Beginning of eSports platform
development and its integration
into existing infrastructure.
Q4 2020 AND BEYOND
Further developmentof the platform and increase
of its market share in the
gambling market.
Game catalog transition
to blockchain .
Team
FOR MORE DETAILED INFORMATION ABOUT THE U RUN IT PLATFORM, PLEASE VISIT THE FOLLOWING:
WEBSITE: https://www.urunit.io/
WHITEPAPER: https://www.urunit.io/docs/whitepaper_eng.pdf
TWITTER: https://twitter.com/URUNIT_IO
FACEBOOK: https://www.facebook.com/urunit
TELEGRAM: https://t.me/urunit
Forum Username : olitaptapan
Forum Profile link : https://bitcointalk.org/index.php?action=profile;u=1566451;sa=summary
WALLET 0x4832C1D8352841b26577695dEc7B741187D5d1fA
Forum Profile link : https://bitcointalk.org/index.php?action=profile;u=1566451;sa=summary
WALLET 0x4832C1D8352841b26577695dEc7B741187D5d1fA
