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Cryptocurrency

Coin Model

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About Unikrn
Unikrn was established in November of 2014. We are the only fully-regulated, licensed and dedicated esports bookmaker on the planet.
Our amazing partnerships include our close relationship with Australias largest betting company, Tabcorp.. In 2015, we raised a total
of $10,000,000 from the likes of Ashton Kutcher, Guy OSeary, Mark Cuban, Shari Redstone, Elisabeth Murdoch, 500 Startups, Tabcorp,
Indicator Ventures and Hyperspeed Ventures. Our lead investor is well-known for their early investment in Snapchat, and the partners
were early to invest in many other Silicon Valley success stories, including Twitter and Instagram. They also recently launched a
Financial Division, which is already one of the largest movers of cryptocurrency in the world.

Unikrn has built the most technologically-advanced wagering platform for esports, including both skill-based and spectator betting
products. We have also thoroughly tested the efficacy of real-money wagering in our esportsbook for both the UK and Australia.

Two years ago, we created a token called Unikoin. Users love Unikoin because it gives them an opportunity to bet on esports, ladder
up and win prizes in markets where Unikrn is not yet licensed to conduct real-money wagering. Weve spent the past two years honing
this product and enhancing the user experience. With over a quarter of a billion Unikoins turned over to date, we feel its time to take
the platform to the next level by introducing our cryptocurrency: UnikoinGold.

Our investors are excited about this coin offering and theyre putting their weight behind it however, we are saving room for the
crypto community and our userbase. Unikrn is committed to making UnikoinGold the be-all and end-all token for the esports and
gaming communities.

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Abstract
We will describe a custom cryptocurrency coin called UnikoinGold that is designed as a decentralized ERC20 token on the Ethereum
blockchain utilized for and allowing for the exchange and interchange of a virtual point-based reward system for the purpose of legal
and licensed betting on esports matches, tournaments and other engagement around gaming. UnikoinGold will also be used as a
rewards and incentive token for esports participants, players and teams.

The coin will be an entry to a new version of the existing Unikrn spectator betting system, and it will also become the exclusive token
used on a new skill-based betting platform. UnikoinGold will power the most immersive live-betting platform for esports.

Our intention: the coin will serve as a decentralized proxy of value creating a decentralized, community-driven virtual economy. That
economy will increase in turnover based on our new skill platform, live betting experience and global expansion of an exclusive token
betting esports platform.

Trades will be executed by a system of Ethereum smart contracts that are publicly accessible and that will be open and transparent
to the network. The transfer of UnikoinGold into bonus Raffle Tickets on our platform will not impose any cost or fee to the users or
arbitrarily extract value during the conversion from the crypto-coin into the tickets, thus having a zero cost transaction model for the
conversion. UnikoinGold transferred into our site from an external wallet will be subject to the small fees imposed by the Ethereum
ecosystem upon a token transfer.

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Table of Contents
Introduction to Esports 5
The Unikrn Model: Esports Wagering on the Blockchain 7
Advantages of the Blockchain 7
Cryptoeconomic Model 7
UnikoinGold vs UnikoinSilver 7
Token Functionality 8
++ Raffles 8
++ Betting 8
++ Social Good 8
Legal Considerations 8

Roadmap 9
Token Launch 10
Token Distribution 10
Budget Allocation of ETH Raised 10

Token Storage Practices 11


Key Investors 12
Team 14
Unikrn Core Management 14
CoinCircle: Token Technology Product Solutions, Deployment, Capitalization and Integrity 15

Marketing 17
Competition & Skin Betting Scams 18
Participation in the UnikoinGold Token Offering 21
FAQ 21
Revision History 22
UNIKRN GOLD: CRYPTOCURRENCY COIN MODEL 5

Introduction to Esports
The competitive video game industry, more commonly known as esports,
is the largest phenomenon of which many have never heard. Having
transitioned from a marketing engine for games into an independently
monetized set of spectator sports, esports are now garnering investment
from traditional sports teams, selling out stadiums around the world and
attracting tens of millions of viewers. The esports market is young (55% of
fans are between 21-35), valuable (average household income of $76,000)
and experiencing explosive growth throughout the west (76% growth in the
number of US esports fans from 2015 to 2016).

As the global market for esports has grown, the market for esports
wagering has exploded. With a CAGR of 141% from 2013 through 2016,
regulated esports wagering has easily outpaced growth rates of all
other regulated online gambling products all while facing significant
competition from illegal and unregulated skin gambling sites.

Esports are now a fixture at nearly all traditional online bookmakers, where
annual esports handle is rivaling that of sports such as hockey, rugby and
golf1. Thats all the more impressive when you consider that traditional
bookmakers lack expertise in marketing to esports fans, are only offering
limited markets on a small selection of matches and are restricting typical
betting limits well below those allowed for stick-and-ball sports.

Experts expect esports wagering to match or exceed the broader growth in


the esports industry. Research from Eilers & Krejcik Gaming projects that
regulated sportsbook-style wagering on esports matches will, in a base
case, generate $11.5 billion in handle by 2020, with a bull case calling for
$16.4 billion in handle.

The growing number of users and teams competing in games has led to
an increased number of bets placed and a record amount of intranetwork
currency transferred. Unikrns current economic system allows users
to earn Unikoins through a variety of tasks as well as by wagering on
competitions. These Unikoins can then be exchanged for a raffle ticket on
Unikrns internal market for a chance at winning a reward.

As wagers grow in volume and the magnitude of bets increase, users of the
system have begun to desire additional forms of liquidation in order to give
their risks more tangible value. The recent debut of ERC20 tokens on the
Ethereum blockchain has paved the way for a new cryptoeconomic model
that mutually benefits all parties involved in the transfer of the tokens.
The paper that follows describes the aforementioned token and model in
explicit detail.

1
http://www.esportsbets.com/70/pinnacle-big-wagers-on-the-international/

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Hundreds of companies every
year try to get me to invest,
whether on Shark Tank or off
camera. However, I only put my
money and my name on the
companies that I feel will be
successful, truly advance an
industry and have a leadership
team that I respect. Unikrn fits
all these requirements.

Mark Cuban: Shark Tank, Owner of the Dallas Mavericks


UNIKRN GOLD: CRYPTOCURRENCY COIN MODEL 7

The Unikrn Model: Esports


Wagering on the Blockchain
Advantages of the Blockchain
The current Unikrn model provides users the ability to liquidate their
Unikoins through the Unikrn raffle market. However, betting laws limit
Unikoin functionality to exist solely within the Unikrn system. The proposed
ERC20 token, UnikoinGold, will give users more power and alternative
methods of turning over their earnings.

An ERC20 token on the Ethereum blockchain offers additional functionality


that is seldom found on a centralized token ecosystem. Users will have
to be able to freely trade purchased UnikoinGold on an open market, due
to both the decentralized nature of ERC20 token and the recent listings
of these tokens on cryptocurrency listings. The market-variable exchange
rate will be reflective of the value of the token at any given time and gives a
holder of these tokens the ability to choose the value to potentially liquidate
their holdings by trading them on an exchange.

Cryptoeconomic Model
Cryptoeconomic models create financial incentives that drive a network of rational economic agents to coordinate their
behavior towards the completion of a process or goal. The value of UnikoinGold is derived from the utility and turnover of
the token itself from within the Unikrn platform as well as the speculative value of the token on the free market. It is also
driven by the scarcity of UnikoinGold.

UnikoinGold vs UnikoinSilver
In parallel to UnikoinGold which will become our cryptocurrency we
will launch UnikoinSilver to take the place of the former Unikoin within our
ecosystem. Users will be able to earn, bet and compete using UnikoinSilver
anywhere Unikrn operates in the world. UnikoinSilver also offers various
functionality throughout our site including the ability to acquire raffle tickets
to win prizes such as in game skins, pots of UnikoinGold, hardware and yet
unlaunched features.

UnikoinGold holder benefits:


1. Granted bonus UnikoinSilver when they create a crypto-wallet
2. Granted UnikoinSilver when they bet with UnikoinGold
3. Opportunity to purchase additional raffle tickets for prizes using
their UnikoinGold
4. Opportunity to bet on on the most immersive skill and spectator
esport products, some of which will be exclusive to UnikrnGold.
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UNIKRN GOLD: CRYPTOCURRENCY COIN MODEL 8

Token Functionality

Raffles
Raffles offer UnikoinSilver and UnikoinGold holders the opportunity to acquire raffle tickets to win prizes (ranging from in-game
items such as skins, to a range of gaming hardware and accessories from world-class manufacturers). Raffles have proven
to be an extremely popular draw for the site, and have created a sustainable means of attracting and retaining users. Once users
understand the value proposition of Raffles, they are continuously incentivized to build up their bank of UnikoinSilver in order to
participate in future Raffles. The opportunity to win pots of UnikoinGold will add further value and excitement to Raffles, and they
will continue to increase in popularity.

Betting
Unikrns esportsbook offers the widest selection of markets on professional esports matches and tournaments in the world. We are
also testing skill-betting products which we will release later this year. UnikoinGold can be used in regulated markets for betting and
most markets for skill betting. UnikoinSilver can be used anywhere. UnikoinSilver holders can place token bets on these matches with
the potential to win more tokens, based on the betting markets we offer on each match. The beauty of the system is that betting with
UnikoinSilver is 100% free and legal, meaning users can place bets with no financial risk, yet still get the thrill of betting on esports to
earn prizes with real value.

Social Good
Together with our community Unikrn will choose three causes that are important to us and have UnikoinGold token holders vote on
where those funds will be allocated. We will distribute the funds over time via events, social opportunities, etc.

Legal Considerations
Unikrn was launched as the first dedicated esportsbook that is legal, regulated and safe. Unikrn now holds licenses to conduct
real-money wagering in Australia and the Isle of Man, with several more jurisdictions pending through independent partnerships. In
jurisdictions where Unikrn cannot yet offer real-money wagering, the Unikoin product is available.

Through our partnership with Tabcorp, Unikrn employs industry-leading practices and technology to handle account verification,
KYC, anti-money laundering, problem gambling and many other considerations. Tabcorp is globally acknowledged for its responsible
practices through inclusion in the Dow Jones Sustainability Index and the FTSE4Good Index. Unikrn is also on the founding board of
the Esports Integrity Coalition (ESIC) the first governing body in esports designed to comprehensively address threats to the integrity
of match results such as hacking, scripting, match-fixing, DDOS and hardware manipulation.

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UNIKRN GOLD: CRYPTOCURRENCY COIN MODEL 9

Roadmap
Our future roadmap will be shared in a later version of this whitepaper..

Product Roadmap

News Hub Redesign


Key
Unikrn TV Launch
Unikrn

European Expansion Spectator Betting

Skill Betting

Live Betting Profile Hub Update

Quests & Gamification


VIP Experience Points -
Raffle Rooms -

Casino Expansion

Bingo Live Skill Modes


- Arena
- Rumble

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UNIKRN GOLD: CRYPTOCURRENCY COIN MODEL 10

Token Launch
Token Distribution Token Distribution

10% Team Pool

15% Unikrn Betting Reserve

Total Tokens: 1 Billion 15% Marketing & Partnerships

Team Pool: 10% 20% Token Presale

Unikrn Betting Reserve: 15% 20% Development & Contractors

20% Company Cold Storage


Marketing & Partnerships: 15%
Token Presale: 20%
Development & Contractors: 20%
Company Cold Storage: 20%

Presale of Tokens
Calendar
Private Presale to existing stakeholders - now until Presale
Presale Registration (30 days) - July 15 - August 15
Presale (10 days) - September 8 - September 18
Crowdsale (10 days) - September 22 - October 1

The Presale of UnikoinGold has already started privately, available to Unikrns existing investors. We will open up Presale registration
to qualified participants from our community for 30 days from July 15th to August 15th. Qualified participants include existing Unikrn
stakeholders and community, along with registered Presale participants.

The Presale will take place over a 10 day period from September 8th through September18th. The Crowdsale will take place over a 10
day period from September 22nd to October 1st.

Exact dates are subject to change so please register on www.unikoingold.com to ensure you are up to date with the latest information.

The minimum participation in the UnikoinGold token presale and pricing is still being determined. Accepted currencies for the presale
tokens are USD, Ether and Bitcoin.

After the presale, UnikoinGold may be purchased solely with Ether by sending Ether from an existing wallet to the contract address that
will be defined within 48 hours of the sale. UnikoinGold will be sent directly to the address that sent the funds to the contract. All funds
sent to the contract address after the sale has completed will be refunded. Any other form of cryptocurrency can be exchanged for
Ether on a traditional cryptocurrency exchange and used to participate in the crowdsale.

There will be a lockup period for the company reserve, early token sale, and team pool.

Budget Allocation of ETH Raised Use of Funds

5% Contingency

Contingency: 5% 15% Administration

Administration: 15% 20% Marketing & Contractors

60% Platform Development


Marketing & Contractors: 20%
Platform Development: 60%

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UNIKRN GOLD: CRYPTOCURRENCY COIN MODEL 11

Token Storage Practices


Safe storage of the UnkoinGold tokens and the integrity of the market is one of our chief concerns. Our priority is to
protect the holders of the tokens as well as the users of our site from any unauthorized access or malicious intent.

A majority of the unsold tokens not required for the operations of Unikrn will be stored in several distinct multisignature
cold storage vaults, which is the safest way to store tokens of this nature. Cold storage methods are practiced by many
entities with large holdings and has a proven track record in reducing or eliminating the risk of loss of coins. These holdings
will not be susceptible to cyberattacks as they will be held majority offline at all times.

All code we produced will undergo thorough auditing by our team, as well as a third-party auditor for sensitive pieces of code.
All token sale related code will be rigorously reviewed as to ensure a safe and smooth distribution of tokens and leave no
room for bad actors to intervene.

To the extent we can, we intend to make all of our token storage practices auditable and available to the community. It is
our priority that the community be empowered to safely manage their tokens. We believe that sharing the tools we use to
protect and safeguard our tokens not only helps protect our users but will also help protect us.

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UNIKRN GOLD: CRYPTOCURRENCY COIN MODEL 12

Key Investors
We have a number of accomplished investors who invested in Unikrn at our Series A. Here are just a few of our key investors.

Advancit Capital, Shari Redstone Binary Capital

Mark Cuban Companies, Mark Cuban Freeland Ventures, Elisabeth Murdoch

Sound Ventures, Ashton Kutcher, Guy OSeary 500 Startups, Dave McClure

Tabcorp Inc. Hyperspeed Ventures, Erick Miller

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Millions of people watch
competitive gaming globally,
we believe the industry has hit
an inflection point and this is
just the tip of the iceberg for
where this new sport can go.
We fully believe in the Unikrn
executive team, what they are
building, and their vision of how
they want to heighten peoples
engagement with esports across
all mediums.

Jonathan Teo: Binary Capital


UNIKRN GOLD: CRYPTOCURRENCY COIN MODEL 14

Team
Unikrn Core Management
Rahul Sood, Co-Founder and CEO
Prior to Unikrn, Rahul Sood created the first incubation fund for startups at Microsoft. Microsoft later consolidated their
global startup activities under Soods leadership. In June 2013, he launched Microsoft Ventures.

A serial entrepreneur, Sood spent 18 years in multiple startups prior to joining Microsoft. He founded luxury and gaming
computer manufacturer Voodoo, which was acquired by Hewlett-Packard. Voodoo brought the ENVY and OMEN product
lines to HP, contributing advanced technologies such as commercial liquid cooling and an increased focus on design.

With a deep background in video gaming and entertainment, Sood sits on the board of advisors for Razer, one of the
largest gaming companies in the world. He is also an early investor and active advisor in Vrvana, a leading Mixed Reality
hardware company based in Montreal, and also an active investor in New Jersey based Maingear PC (in which Unikrn
has a large stake).

Karl Flores, Co-Founder and CMO


Karl Flores is a serial entrepreneur and co-founder of Unikrn. Karl serves as CMO and is instrumental to product
development and innovation.

Previously Karl was the CEO and Co-Founder of Pinion, a Steam Powered game community platform with unprecedented
access to the much sought-after gamer demographic of males aged 18-35. Pinions breakthrough technology created a
new vertical within online advertising, and was a featured company in the Microsoft Ventures accelerator prior to being
acquired by Unikrn in 2014. The Pinion network reaches over 4 million unique gamers monthly.

Daniel Rudolph, CTO


Daniel, located in Berlin, has been working with Rahul since 2008, creating the first-ever skill betting platform for video
games, PlayAll. Daniel is pinned down to computers for over 25 years, with his first job landed at 16 to design and
develop backend systems for banks and insurance companies. After a brief excursion at PlayAll, he he started back into
esports. Daniel also helped a Fintech company to build a Bitcoin Exchange together with a small German bank. Daniel
is always focused on enabling products and ideas, but is also the last line of defence to make stuff just ultimately work in
an reliable and scalable way connecting a distributed team.

Andrew Donley, Lead Crypto Engineer


In 2015, Andrew founded BitMesh, backed by BoostVC and Tim Draper, that focused on buying and selling internet
bandwidth via micropayments and Bitcoin. After opensourcing BitMesh, he joined Leet to lead the engineering team.
As CTO, Andrew has expanded Leets services from eSports P2P wagering to stratum mining pools and tournament
management software in casinos. With Unikrns recent acquisition of Leet, Andrew will contribute to the creation of
UnikoinGold with his skills across engineering, cryptocurrency, and R&D.

Bryce Blum, Outside General Counsel


Bryce Blum represents the whos who in esports and drives industry standards as a thought leader on key legal and
business issues facing all aspects of the esports ecosystem. Bryce also acts as a consultant and esports industry
expert, working with parties throughout sports, media and entertainment to help them capitalize on the explosive growth
of the esports industry. Bryce serves as general counsel for the premiere Western esports teams.

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UNIKRN GOLD: CRYPTOCURRENCY COIN MODEL 15

Kingsley Edwards, VP Business Development


Kingsley Edwards created Leet, an online skill-based platform, in 2013 with the vision of integrating cryptocurrencies
with popular video games. Since then, Leet has participated in BoostVC, a blockchain startup accelerator, and is currently
working with casinos directly to provide esports events and technology. Kingsley has been an outspoken advocate of
cryptocurrencies for over four years. He started the Las Vegas Bitcoin Meetup in 2014 to help promote the adoption
of cryptocurrencies locally among vendors and individuals. Kingsley joined the leadership team of Unikrn after its
acquisition of Leet.

Chris Grove, Advisor


Chris Grove is a gambling industry strategist. A Managing Director at Eilers & Krejcik Gaming and member of Unikrns
Board of Advisors, Grove also oversees trade publications covering the U.S. markets for regulated online gambling and
sports betting. Groves research and expertise has been sought and cited by lawmakers, gaming regulators and major
media outlets such as the New York Times, the Washington Post, ESPN and the Wall Street Journal.

CoinCircle: Token Technology Product Solutions, Deployment,


Capitalization and Integrity
Erick Miller, CEO
Erick Miller is an early investor in Unikrn, successful startup founder and cryptocurrency pioneer. Ericks first involvement
in cryptocurrency started in 2011 when he began mining Bitcoin; he has been a Bitcoin/blockchain enthusiast and
cryptocurrency evangelist ever since. As an entrepreneur, Erick has helped create three startups, two of which had
successful exits. At Ericks last startup, where he was the founder, CEO and the largest investor, he was one of the
first with the vision to build smart glasses and an advanced VR/AR visor. He created a boutique venture firm called
Hyperspeed Ventures which invests in bold category redefining companies. Erick recently co-founded The Blockchain
Lab with UCLA and has now put together a new high caliber team composed of cryptocurrency engineering experts,
crowdfunding experts and algorithmic optimization experts. Erick and his new team will develop and help underwrite
the first tranche of coin sales for UnikoinGold. Part of building a successful token is getting the community involved
and building a robust platform ahead of time. Erick and his team will work with Unikrn to design and create the
cryptocurrency and build inroads with the community.

Chance Barnett, Senior Advisor


Chance Barnett is the Founder and CEO of Crowdfunder.com, the VC Fund + equity investment platform for
crowdsourcing early stage venture capital online. In founding Crowdfunder, Chance played an early and significant role
in JOBS Act legislation & regulation in Washington, D.C. engaging with senior leadership across Congress, the White
House and the SEC. Chance has since been invited by foreign governments and private leadership around the world
to consult on policy for entrepreneurship and access to capital in emerging markets. Chance was recently brought
on as an Advisor to the UCLA Blockchain Lab. Prior to founding Crowdfunder in late 2011, Chance co-founded two
successful Internet companies in publishing and media, became a hands-on angel investor and advisor for early stage
startups, a Forbes Contributor on Startups and Crowdfunding, as well as a published best-selling author in the areas of
Entrepreneurship and Personal Development. Chance is a graduate of University of California, Santa Cruz with a degree
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Shane Fontaine, Lead Engineer


Shane is an engineer coming from some of the worlds largest, most powerful defense industry companies such as
Boeing and Raytheon. He created the Ethereum engineering meetup in Los Angeles in order to advance and grow the
cryptocurrency developer community. He is also a founding member of the UCLA Blockchain Lab team and moderates
many of the Ethereum related events in the Los Angeles area. Shane brings a depth of knowledge and understanding of
Ethereum and smart contract that can only be attained through practical experience and the years of networking within
the ecosystem that someone like him has. He has written many smart contracts and code in the Solidity language, and
he provides the knowledge and experience of engineering and trading with the Ethereum blockchain to the team. Shane
has years of experience in electrical engineering and an education from the University of San Diego and UCLA.

Jeremy Rubin, Security Analysis Auditor


Jeremy is a cryptocurrency expert on the team who analyzes our coins design and performs our code audits, analysis,
algorithmic design, performance engineering and protocol design reviews. He was deeply involved in Bitcoin as a
software engineer on the core development team writing some of the most critical code for the protocol. He also
co-founded Tidbit, the MIT Bitcoin Project, the MIT Digital Currency Initiative and acted as the first program chair of
the Scaling Bitcoin conference Jeremy is rightfully considered one of the industrys foremost experts. He graduated
from MIT in 2016 with a M.Eng in Electrical Engineering and Computer Science and a S.B. in Computer Science and
Engineering. Hes done technical talks, workshops and exclusive confidential consulting in the cryptocurrency space.

J. Dax Hansen, Legal: Digital Currency & Coin Sales


J. Dax Hansen is a Partner at Perkins Coie LLP and Chair of the firms Fintech and Blockchain and Digital Currency
Industry Groups and a member of the firms Technology, Transactions and Privacy practice group. He has an extensive
background in providing legal guidance on emerging payment systems, including online and mobile payments,
decentralized virtual currencies and distributed ledgers. His practice emphasis includes IT, payments and international
business transactions including mobile financial services and m-commerce online business, software and
technology licensing. Dax, along with his team and the partners at his firm, have represented some of the most well-
respected and well-structured professionally run coin sales in the world. Dax is unquestionably one of the worlds
premiere and foremost experts in legitimately structuring new cryptocurrency for sale to the US and global markets.

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Marketing
Traditional betting operators almost always have a high cost of acquisition
to acquire new customers. This typically includes large expenditure on
traditional advertising and sponsorship, with these costs recurring on a
yearly basis. Unikrns marketing model is wildly different. We operate a lean
team focused on organic growth from within the community. Unikrn owns a
network of Steam Powered gaming communities that reaches over 4 million
unique gamers monthly. We use this network to spread offers and convert
these gamers to active users of the Unikrn platform.

Unikrn is also a significant player in the esports community. We have


a significant stake in BIG, aka Berlin International Gaming, the best
Counter-Strike:Global Offensive Team in Germany, and one of the top
teams in the world. With a loyal and fast-growing fan base on social
media, BIG often calls out Unikrn and we work together on community-
focused marketing initiatives. BIGs fanbase is growing, and they often
wear our gear and promote our brand throughout their channels.

We own a studio in our Berlin offices and will soon run regular esports
content including interviews with the top players, a regular betting show
and also livecasts of major esport tournaments.

We run an esports news website covering the top stories across


the major game titles, including League of Legends, CS:GO, Dota 2,
Overwatch and Rocket League. Our team has established relationships
with pro players, coaches and casters and leverages these relationships
to obtain exclusive interviews to drive traffic to the Unikrn website and
gain exposure for our brand.

Weve generated significant media interest through our PR initiatives:


world-renowned publications such as Fortune, Inc., TechCrunch and
Forbes cover our major announcements.

Unikrn recently acquired LEET, a company that built an in-game crypto


betting platform and a number of other technologies to help land-based
casinos operate their own esport tournaments. Through this acquisition
Unikrn now has licensing contracts with casinos in Las Vegas and beyond.

Theres more we could mention here, but whats important is we have and
will continue to have a very low marketing spend and youll see that in our
breakdown in the use of funds.

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UNIKRN GOLD: CRYPTOCURRENCY COIN MODEL 18

Competition & Skin Betting Scams


Skins are digital goods that exist within a video game. In some instances,
game publishers allow skins to be traded on the open market, which has
allowed a wide array of secondary businesses to emerge surrounding
the skins ecosystem most notably skin betting. Some gambling sites
use skins as a form of currency, offering bets on everything from match
outcomes to the toss of a coin. These sites have exploded in popularity, yet
they operate without any of the safeguards that are put in place to protect
consumers in the licensed, regulated betting world.

Over the last year, skin gambling sites have been forced to shut down or
change their business models in the face of mounting pressure from game
developers and law enforcement. One of the most recent iterations has
been the emerging adoption of cryptocurrency as a deposit and withdrawal
method, a shift that allows skin gambling sites to more readily accept player
deposits while obscuring the nature of transactions from game publishers.

Key facts about the skin gambling industry


The volume of wagers is significant. According to research from Eilers & Krejcik Gaming, over $6 billion worth of skins
were wagered on skin gambling sites in 2016. Thats more than the total amount bet on sports in Nevada or the amount
spent by fantasy sports players at DraftKings and FanDuel during the same period.

There is no regulation. Unlike licensed online gambling sites such as PokerStars, Unikrn or William Hill, skin gambling
sites are not licensed or monitored in any way, shape or form. That means there are no assurances that games are fair,
no recourse for players if they feel they have been cheated and no protection for players should a site shut down and take
player deposits with it.

Underage gambling is a significant issue. Signing up for most skin gambling sites requires little more than signing in
through your Steam account. Given the popularity of games such as CS:GO with players under 18, the lack of access
such players have to traditional online gambling sites, and the ease with which these players can deposit skins to gamble,
most believe that a significant amount of the billions wagered on skin gambling sites comes from the wallets of minors.
Effectively, skin gambling has become the foundation of the largest underage gambling ring in the history of gambling.

The industry is marred by controversy. The last 12 months have witnessed an array of controversies involving rigged
games, undisclosed promotion by owners, sites stealing skins from players and a mounting pile of lawsuits and other
legal headaches.

Law enforcement is actively monitoring the industry. Regulators in Washington State are threatening CS:GO developer
Valve with legal action if the company doesnt cut off support for skin gambling sites. UK prosecutors recently convicted
two individuals for operating a site that facilitated gambling in FIFA coins. These are likely to be the first of many actions
as skin gambling comes on the radar of more regulators and lawmakers.

The bottom line is skin gambling has been full of fraud, and it almost single-handedly destroyed CS:GO. There were (and still are)
hundreds of Skin Gambling web operators out there, and theyre looking for the next way to fund their operations.

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UNIKRN GOLD: CRYPTOCURRENCY COIN MODEL 19

So why are we mentioning this?


We expect many of these shady operators will try to take advantage of token sale momentum. We caution all of you to do your
research on the businesses that list skin betting, skin trading or virtual item betting. There are even those that loosely use the word
esports without any real background or history in the space.

People argue that Ethereum is in a bubble and while there may be a little bubblish activity out there, nothing would be more
devastating than a series of scams listed on the various exchanges. These people arent trying to build a fanbase or community. They
dont care about who their customers are. They dont work with regulators. They dont operate within the laws. These people will take
every opportunity they can to take your money and run.

Unikrn is a different type of operator. Over the last two years we were vocal advocates against the current iteration of skin gambling
websites. Unikrn is a real company, with a team that lives, eats and breathes esports everyday. We have real technology that almost
every major operator has approached us to license and or partner. We have turned over a quarter billion tokens, and we have real
licenses and work with regulators all around the world. Unikrn is truly the only independant licensed and legal dedicated esports betting
platform on Earth.

Considering the above, cryptocurrency stakeholders should think twice before supporting coins that are designed to primarily support
skin gambling operators. The lack of transparency, accountability and looming legal threats associated with skin gambling could
quickly attach themselves to the currency, undermining credibility, viability and value.

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Tabcorp is proud to be
partnering with Unikrn.
Unikrn is delivering a
global gaming community
platform that reaches
millions of gamers around the
world, with a proven record
of innovation and success.

David Attenborough: Managing Director and CEO, Tabcorp


UNIKRN GOLD: CRYPTOCURRENCY COIN MODEL 21

Participation in the UnikoinGold


Token Offering
Although our current investors are more than willing to take down the entire offering, we plan to hold 25% for our customers/fans and
the Ethereum community.

To be kept updated with the latest information on the Unikoin Gold Token Offering, please visit our website at www.unkoingold.com or
find us on Twitter, Slack, Reddit and Telegram.

FAQ
Can UnikoinGold be sold for traditional currency e.g. US dollars?
UnikoinGold will eventually be traded on all the major Cryptocurrency exchanges, and can be traded for Ethereum which can be
turned into Fiat.

How do I get notified of when the ICO will be open to the public?
Keep an eye on our site at www.unikoingold.com, sign up for up to the minute details when the coin sale happens.

Will Unikrn accept UnikoinGold as a deposit method in Australia or the UK for real money betting?
Yes. We will offer an exclusive token betting platform in regulated markets across the world for spectator betting.

Is it legal to bet on a skill game using UnikoinGold?


Yes.

Where can I track the value of my UnikoinGold? (Which exchange, etc?)


All the major cryptocurrency exchanges will eventually list UnikoinGold; you can see up to the minute values on our website or any of
the exchanges where our token trades.

How do I store my UnikoinGold? Are there any best practices to follow?


UnikoinGold stored on Unikrn.com will be safely stored in our hot wallet and available for your use at any time on our platform.
We also hope to make available our cold storage vault protection for high-value accounts. Storing UnikoinGold on a local wallet
will require knowledge of Ethereum. Many guides to storing the tokens locally can be found online, but we will also publish a best-
practices guide ahead of the token sale.

How is this different to Bitcoin?


UnikoinGold is an ERC20 token built off the Ethereum blockchain. One functionality of Ethereum is the ability to build custom
tokens for specific user needs; these tokens follow the ERC20 token standard and give their creators the ability to add features
of blockchain technology to their existing product. Bitcoin is used as a virtual currency or store of value, but is unable to host the
creation of ERC20 tokens.

Can other businesses within the esports community use UnikoinGold as a method of payment, etc?
How?
Its absolutely possible. UnikoinGold is a token built on the ERC20 protocol. Anyone who wants to use it as a trading token can.

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UNIKRN GOLD: CRYPTOCURRENCY COIN MODEL 22

Revision History

Date Version Topic


06/17/17 v.01 + Initial document

06/17/17 v.04 + Token distribution amendments


+ Addition of investor quotes

06/18/17 v.07 + Updates to token storage practises


+ Re-ordering of sections
+ Team additions

06/19/17 v.08 + Addition of product roadmap

06/20/17 v.11 + Token distribution & budget allocation graphing changes

06/28/17 v.14 + Changes to presale of tokens

06/29/17 v.15 + Addition of pre-sale dates & revision to token distribution graph

v.15 content subject to change

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