uRunit will be a new era for the gaming industry

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Introduction
At the beginning of 2017 online gambling market was evaluated at $44.16 billion, by the end of the same year it grew to $47.4 billion. Estimated market capacity in 2018 is $52 billion and it’s expected to reach $81.7 billion by 2022.

It is obvious that the market has an immense potential. The problem, however, is that the rules of the gambling business have remained unchanged for centuries. No doubt, casinos and other providers constantly try to attract new clients with new gimmicks: rewards, bonuses, prizes, beautiful images, etc. Technologies change as well: from simple wooden tables and slot machines, to online games, and newest block-chain technology.

In reality, it does not matter what technology is used or what gimmicks are used to attract gamers to the casino. The core of it is still the same and quite simple: no matter what the clients do, the casino gets everything. Those who don’t gamble themselves take everything from those who are passionate and like a good game. They take everything and get excess profit. Also, based on our surveys, casino customers are very venturous people who are constantly looking for action and novelty. They get bored very quickly, and have to move from one casino to another in continuous search for some diversity.

It is time to change the game rules in the Gambling Universe.

To break the established traditions we just need to give the control of the casino, to the players themselves. Meaning, absolutely all games, tables, poker rooms, slot machines, lotteries and so on are controlled by the gamers, they host games themselves and receive most of the profit.

Of course, the number of players exceeds the number of games/places in the casino, therefore the lucky ones will be determined by daily drawings among all the players. These drawings are absolutely free and the sole purpose of them is to pick the ones who will get a chance to manage the casino (the games) this day. After the names are drawn, the players
(users) will have to pay a small fee to “lease a place”, and – voila – they’re in control. The higher the player’s rank, the more chances he/she has to win in the drawing. The user’s rank is based on activity as a player. In other words, the more the user plays, the more chances he/she has to get control over his game, table, room, machine, lottery, etc.

Moreover, those players who get the right to host the game will be able to auction this right to other gamers. They also will be able to use this right as a bet in some of the games.

User’s rank may also be a subject to trade. Any player can sell his/her rank to other players, or simply use it as a bet in the games.

So, it all turns into one big gambling game – the excitement and interest of the casino players doubles or even triples.

All of the above is true for public games accessible for all users in the system. Besides this, every user, with only a couple of mouse clicks, can easily create his own private games (by invitation only) and invite his friends and acquaintances.

As an additional feature we offer regular jackpots among the platform users: daily, weekly, and monthly.

How are we going to achieve all of these? We are creating a platform that will implement all of the above mentioned principals. Our goal is to create a “White Label” platform that could be bought by other operators and easily adapted to their needs. So, in a few years most of the traditional casinos in the world will be extinct, regardless of the technology they are based on. Just imagine, if there is a choice, who would want to play in a regular casino that does not offer a possibility to become a part of it?

And what’s in it for investors, besides being a part of creation of the most innovative gambling platform in the world?

• Increasing market demand for the tokens they’ve purchased. Our tokens are a kind of fuel for the system. Each token transaction when paying for the services within the platform will “burn” 0.5% of the transaction amount. This way we ensure a constant reduction in the number of tokens circulating in the market. Consequently, the demand for tokens will constantly grow.

• Any holder of our tokens (not only active players) can participate in the jackpot drawings. These drawings will be held: daily, weekly and monthly. 70% of the tokens collected by the platform will go to the jackpot fund.

Gambling Universe will never be the same after our platform is introduced to the market.

This document describes main features of our project and explains how we integrate blockchain technology

Market analysis

Gambling Market
Gambling market has been growing year after year. In early 2017 gambling market was worth $360 billion with $44.16 billion in online games. By the end of 2017, the online gambling market increased to $47.4 billion. According to H2 Gambling Capital, market share of online games will continue to grow taking over most of the offline market. By 2022 online gambling market will grow up to an impressive amount of $81.7 billion.

Online gambling market growth (in billions of US dollars):

The diagram below shows online gambling revenue distribution:

Top 5 players in the online gambling market

The Stars Group
The Stars Group is the largest association of such famous brands as: PokerStars; PokerStars Casino; BetStars; Full Tilt; PokerStars Championship; PokerStars Festival; Megastack. These brands have a total of more than 100 million registered users.

William Hill

William Hill is a bookmaker based in London (UK). Last year, the company declared over $ 2.2 billion dollars. In ad-dition to sports betting, the company offers a wide range of games (casino, games of skills, bingo, poker) to its cus-tomers.

Betfair Group
Betfair is the largest online betting exchange platform in the world. It also offers sport fixed odds betting, casino, bingo, poker. Recently, the platform has merged with Paddy Power, strengthening its position in the market.

Paddy Power

Paddy Power is the biggest bookmaker chain in England and Ireland. The company has a large service of betting by phone and offers casinos and other games online. The company recently merged with Betfair to form Paddy Power Betfair.

Kindred Group

Kindred Group is an association of 13 major brands. 32Red, iGame, Unibet, Maria Casino, Stan James are among its brands. The company offers users a large selection of games: casino, poker, sports betting, bingo and many more.

Online gambling market users
Geographically, Europe, Middle East and Asia dominate the online gambling market. Together, these regions occupy more than 60% of the total market volume.

Online gambling market size by regions (in billions of US dollars):

Main trends and tendencies of the online gambling market

• More and more women participate in online gambling. However, in absolute numbers, men still play more than women. According to statistics, women spend more time playing than men, but their average bet is lower. Women play mainly for entertainment and relaxation, rather than using any strategies to win large amount of money.

• There is a rapid increase in the number of people using mobile devices to access online gambling. In the next three years, it is expected to grow to 165 million users.

• The youngest players prefer to gamble using mobile devices when they are away from home.

• People from 25 to 34 years old prefer online casinos to other kinds of gambling.

Crypto Market
Cryptocurrency market has been rapidly growing for the last few years. According to the CoinMarketcap portal data, cryprocurrency market capitalization at the end of 2017 amounted to about $600 billion. Although, the price of individual crypto-currencies is subject to significant fluctuations, crypto market capitalization in general has been constantly growing. Also, it is important to remember, that blockchain technology, the basis for cryptocurrencies, is still far from perfect and keeps developing. However, one thing we can be absolutely sure of: cryptocurrencies, as well as blockchain technology, are firmly embedded in our life, and this technology has tremendous potential.

Integration of blockchain technology and cryptocurrency in online gambling
Despite the fact that blockchain technology and cryptocurrencies are still relatively new and underdeveloped, there are many attempts to integrate them into various projects, including online casinos. Many experts agree that the crypto-currencies and blockchain technology will take the leading position on the market in general, and in gambling, in particular.
Here are some of the advantages of using cryptocurrency and blockchain technology:

• crypto payments are becoming more and more popular

• payments are easy to make

• low minimum payment threshold

• no restrictions on the number of transactions

• payments can be made significantly faster

• the concept of transparency and fair play is used in conducting the games However, there are some substantial flaws as well:

• low speed of existing blockchain systems does not allow to use this tech nology for the integration of systems and operations when every millisecond counts (which is exactly the case for most of the systems in the casino)

• transaction cost is too high to use blockchain as the primary instrument of sending, processing and storing data; such expenses would be absolutely unreasonable

Integration of the cryptocurrency and blockchain technology into the gambling platform is obviously necessary, but only in part. We need to adopt the best of it and avoid the flaws. Do not believe those who claim they can create a well-functioning distributed casino system based entirely on the blockchain. It is possible that such a system will in fact work, but it will definitely be far from “well-functioning”.

For the operation of our online gambling platform we will embrace the bounties of cryptocurrency and blockchain world to:

• use our tokens within the platform to gain access to a range of services

• execute purchase/sale transactions between the platform users

• use our tokens to pay for services of third-party game developers

• accept payments not only in fiat (conventional) currencies, but also in crypto-currencies

• pay out the winnings in crypto-currencies as well as in fiat currencies

• ensure transparency and fair play in all the games of the system

We hope a new blockchain platform will be created in the near future and above-mentioned deficiencies of its predecessors will be eliminated. In this case, of course, it will not only become possible, but also necessary to completely integrate blockchain into our platform, as it will provide a number of undeniable advantages over the traditional centralized client-server systems.

Platform

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.

Solution
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.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.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.the right to host the game can be either sold,or it can become a bet in the game.the right to host the game can be either sold, or it can become a bet in the game.

Platform concept
We are creating an online gambling platform where absolutely all the games will be hosted and controlled by the users of the platform. The platform is created as a “white label”, so we can sell it to other operators. This, in turn, will allow us to share the concept around the world in a short time and make it an industry standard.

Also, the platform has an open API (application programming interface). This will make it possible to add games created by third-party developers. This way the library of games on the platform can be constantly replenished and expanded with minimum time and money invested.

The basic payment unit for the services provided by the platform is “URUN” token

As we have already mentioned, the basic concept of the platform is that 100% of all games, card tables, machines, lotteries, etc. are hosted and managed by the users of the platform.
In other words, the payers themselves host games and receive most of the profit collected during the games.

All games fall into three main categories:

• standard public games

• customized public games

• private games

Standard public games
Standard public games are the games created by the casino. Their parameters are predefined and cannot be changed. These games are available to all users of the platform for free. Standard public games with predefined parameters will be created in every game category (slot machines, poker rooms, blackjack tables, bingo, lottery etc.). From the players’
point of view it resembles a regular casino.

Customized public games
Customized public games are standard games with parameters that are set by the users. The players will see customized games in the lists of the casino’s games in addition to standard ones. The number of customized games at any given moment should not be more than half of the initial number of the standard games.

Private games
Every user can create their own private games and give the access to them to his/her friends and acquaintances. Private games are created on the basis of standard games with the customized parameters. Private games will not appear on the public lists. All private games are accessible only by invitation.

How are the “places” (right to host a game) distributed among the users of the platform
Obviously, the number of the platform users will always significantly exceed the number of public games available. On the other hand, the main idea of the project is that every platform user should have a chance to get a public game under his control (become the owner of the game).

The easiest way to give each user the opportunity to become the owner of the game is drawing of the lots. We will have “place drawings” every day, where “place” is an opportunity to become the owner of any game for a certain time. Drawings are held automatically and do not require users to pay any fees for participation. Lots are drawn:

• daily - for the right to manage the place for one hour starting three days from the day of drawing

• daily - for the right to manage the place for one day starting three days from the day of drawing

• in the beginning of each week - for the right to manage the place for the next week

• in the beginning of each month - for the right manage the place during the next month.

The system will automatically notify the users who won “the place”. The user who got the right to host game can also play in his place as a regular player. However, he/she cannot participate in the drawings of other places until his “ownership” (lease) of the place expires.

To become an owner of the place, the user pays a small amount of URUN tokens for the right to use the place – the “place lease fee”. This payment is due within 24 hours after the drawing. If the user fails to pay the lease fee in this time frame, he/she loses the right to control the place. In this case, a new drawing takes place, and another user is given the
right to control the place. This new user also receives 24 hours to make the payment for the right to manage the place. And so on. If by the beginning of the game no user has paid the necessary number of URUN tokens for the right to manage the place, the place will be controlled by the casino itself. Consequently, all the profit will go to the casino. The same approach is used to determine the owner of both standard public games, and customized public games. The only difference is that if the owner of the customized public game has not been determined (failed to pay the fee), the place will not become a subject for another drawing (it just won’t appear in the games lists). As for standard public games, all places are always available for the game.

Clearly, at the very beginning of the platform existence there may not be enough users to manage all standard public games. In this case, places unclaimed by players, will stay under the management of the casino itself.

No drawings are necessary for the private games, as any user can create and manage up to 10 private games in the same time. Creating a private game does not require payment of tokens. The players can participate in their own private games.

Available lease time for different places

• 100% of standard public games places are leased for one hour, so one place is leased to 24 users a day

• 80% of the customized public games places are leased for a day

• 15% of the customized public games places are leased for a week

• 5% of the customized public games places are leased for a month

What does user need to participate in the drawings

Almost any user of the system can participate in the place drawing (for more details on the process of drawing, see the section “How does it work from the users’ perspective”). In order to participate in the drawing, the user must meet the following requirements:

• have enough URUN tokens for the place leasing fee

• have a minimum player rank in the type of games he/she wants to manage

In each type of games players can get a rank from 0 to 10. For example, if the user only plays poker, then only his poker rank will grow. If he stops playing poker, his poker rank will slowly decrease over time. There are two factors affecting the player’s rank:

• how often does the user play

• size of the player’s bets

The more often the user plays and the bigger his/her bets, the higher is his/her rank. And the higher is the player’s rank, the more chances he has to become the owner of the place for this type of games. The table below shows how the player rank affects his possibility to lease the place:

Rank trading
Any player can sell his rank (or part of the rank) for URUN tokens to other platform users. This way any user who wants to improve his rank can do this not only by regular participation as a player, but also by simply buying the rank from other players. And those players who earned their rank, have the opportunity to partially or completely sell it to other users.

Ranks can be traded in three ways:

• fixed price sale

• auction

• lottery

Seller receives the entire amount from the sale of the place (minus 3% commission) to his/her account.

Playing for the rank

The player can use his rank (or part of the rank) as a bet in the game. There will be special multiplayer games (poker, four in a row, etc.), where only player’s rank will be accepted either as a buy-in or bets. Competition in these games will be only between the players. So, the player who wins the game takes the entire pot. These special games will be managed by the casino exclusively. Also these games will not bring any profit for the casino; their only purpose is to provide a special place where players can play for the rank.

Place lease fee

The place can be leased only in URUN tokens. Lease fee for any particular place should not be high, as our goal is to ensure that every player can afford to lease a place. Estimated lease fee is shown in the table below:

If the value of the URUN token significantly increases as a result of stock exchange trading, the place lease fee may be reduced. Once again: we want absolutely every player to have the opportunity to become the owner of the place.

What happens if the place managed by the player loses money
All losses are covered by the casino. The player risks absolutely nothing, except the tokens he paid as a leasing fee.

Functions of the game moderator
In some games the owner of the game will be able to perform basic game moderation functions. For instance, if there is a chat in the game and one of the players makes offensive comments about other players, the owner of the game will be able to expel the offender.

Also, any player can file a complaint against the game owner to the administration of the casino. The administration will thoroughly review the matter and take appropriate measures. This ensures that the owner of the game will not abuse the right to moderate the games.

Auctions for the right to lease the place
After the user wins the right to lease the place and pays the required amount in URUN tokens as a leasing fee, he/she can sell this right to other platform users, either for URUN tokens. This can be done in one of three ways:

• fixed price sale

• auction

• lottery

Seller receives the entire amount from the sale of the place (minus 3% commission) to his/her account.

Playing for the right to lease the place

After the user wins the right to lease the place and pays the required amount in URUN tokens as a leasing fee, he/she can use his right in a game. There will be special multiplayer games (poker, four in a row, etc.), where only the right to lease the place will be accepted either as a buy-in or bets. Competition in these games will be only between the players. So, the player who wins the game takes the entire pot. These special games will be managed by the casino exclusively. Also these games will not bring any profit for the casino; their only purpose is to provide a special place where players can play on their right to lease the place.

Platform profit distribution
On an average profit from the online gambling platform is 60%. In reality, each platform’s profit significantly varies and depends on the maintenance cost, investments into platform development and advertising. All these expenses, in turn, depend on a very large number of factors. The profit may be more or less, but we can assume that on average it is 60%. That leaves us 40% to cover all the expenses.

Taking into account that the profit of the casino owners should not exceed 10% of the revenue, we can assume that at least 50% of the income will be available for payments to the players-owners of the places. Calculation formula: 100% (revenue) - 40% (operating costs) - 10% (owners’ profit) = 50% to users hosting the games.

In other words, all the income from the place managed by the player will be split 50/50. This is the initial arrangement. After the first month of the platform operation we can make some adjustments. If the actual expenses turn out lower than estimated 40%, the users’ share of income will increase accordingly. For example, if the expenses are 30% instead of 40%, the players will receive 60%. These adjustments will take place at the beginning of every month based on the previous month’s data. It is in our best interests to maximize the players’ share of income.

This approach will allow us to ensure ultimate interest of the players to our platform, and retain them for a long time.

Currencies, used to deposit and withdraw moneyUsers can use the following currencies to make deposits and withdraw money:

• fiat currencies (dollar, euro, pound sterling)

• popular crypto-currencies

• URUN tokens

UCoin as an internal gaming currency
UCoin chips are used as the main game currency within the platform. This sets the common currency standard within the platform. UCoin may be considered an analogue of regular casino chips. Conversion to/from UCoin will be necessary to deposit or withdraw funds.

The rate of one UCoin is 1 ETH = 50000 UCoin. The rate of other cryptocurrencies and fiat currencies to UCoin will be determined by the current market rate of ETH.

The rate of the URUN token will be determined by the market after the release of the token to the stock exchange.

Games on the platform
The platform is designed both, for all popular gambling games, as well as most common casual games.

In the beginning, basic games will be made:

• black Jack

• poker

• roulette

• slot machines

Initially, these games will be created as downloadable games for Windows and Mac OS platforms, as well as browser based games with HTML5 and WebGL technologies. Applications for mobile devices (phones and tablets) will be launched later. This way we can release the games in a very short term and start inviting users to our platform.

The rest of the games to be added later:

• other card games

• dice games

• lotteries

• bingo

• casual games for non-gamblers

• games that require professional skills (games of skill)

The stages of development and launch of these games repeat those of the basic games.

Technologies
We use classic client-server technology to launch the platform. The reason we do not use blockchain to create a fully decentralized platform is quite simple. So far, there is not a single blockchain platform that would allow millisecond transactions for data transferring. Moreover, any transaction in the blockchain is by no means free. A large number of transactions with a lot of data will make it very expensive - the cost of the project will exceed any revenue it might generate.

Of course, the concept of a fully decentralized platform has many advantages, but we will be able to implement it only after a new generation of blockchain platforms, eliminating the shortcomings of its predecessors will replace the existing ones.

However, despite the fact that blocking technology cannot be used to the full extent for the games themselves, we will utilize it to:

• ensure the fair play

• use URUN token to pay for services within the platform, including place leasing fees

• execute purchase/sale transactions between the platform users

• use URUN token to pay for services of third-party game developers and casino operators

• accept deposits and pay out the winnings in crypto-currencies

Ensure transparent and fair play

The following procedure will be used to ensure fair play:

• before the game begins, the platform generates a table of game results: winning numbers in the roulette, a sequence of cards in the deck, etc.

• this table also contains IDs of the game and the client

• the table is encrypted and shared in the blockchain

• the client gets the link and access the table in the blockchain

• when the player makes a choice during the game, it is also encrypted and saved in the blockchain

• after the game the client receives a key for decrypting the data

• using either built-in or third-party services, the client can decrypt the data and make sure it was a fair play

The best assurance of a fair play is that we would gain nothing from forging the results of the games. The reason is obvious – the players themselves manage the casino, host games and receive most of the profit.

How does it work from the users’ perspective
After the user gets registered on the platform, he/she is immediately able to:

• get access to user’s dashboard with a multicurrency wallet

• make a deposit either in a fiat or in a cryptocurrency

• start playing

• withdraw money from the wallet

• create private games and send invitations to friends and acquaintances

• participate in jackpot drawings

After reaching minimum player’s rank, user receives an opportunity to participate in place drawings. To take part in the drawing, player has to choose the type of game: “standard public” or “customized public”; then pick a game from the catalog of available games (poker, roulette, etc.); and finally, chose from the available place leasing periods: an hour, a day, week, or a month. If the user choses a custom game, then he should also specify main game parameters, such as: the number of players, buy-in cost, minimum and maximum bets, etc. As soon as all of that is done, the user is subscribed to the drawing.

When the player wins the drawing, he/she receives a notification and is expected pay required leasing fee in URUN tokens for the right to host games. After the payment has been made, the user becomes the owner of the place and gets access to it. He can monitor and moderate the games.

The player has a right to sell his place to other users of the platform before the lease period begins. The sale of the place can be arranged as a fixed price sale, auction or lottery. If the sale was successful, the right to manage the place goes to another user who also can sell it.

Also, before the lease begins, the user can play certain games (for example, poker), where the only acceptable bet or buy-in is the lease of the place. These will be special games, controlled only by the casino itself. Also these games will not bring any profit for the casino; their only purpose is to provide a special place where players can play on their right to lease the place.

Ultimately, the user who is the owner of the place at the moment the lease starts, hosts the game. At the end of the lease period, the owner of the game receives his share of the income that the place generated over this time. Money’s sent directly to his wallet.

Among other things, any player can increase his rank by buying it from other users. Also he can offer his rank (partially or completely) for sale. All purchases and sales of ranks are made in URUN tokens only.

Users can play certain games (for example, poker), where the only acceptable bet or buy-in is the player’s rank. These games will be controlled by the casino itself and bring no profit for the house.

Users also can participate in jackpot drawings, more information about it can be found in “Jackpots” section.

How does it work from the developers’ perspective
The platform has an open API. After we sign an agreement with those developers who want to join us and create new games, they get the platform’s SDK and can start game development.

When the game is created, it is first tested by the platform administrators. Then, there is a month of beta testing by a limited number of users who agreed to participate in the test program in advance. Only after that the game is released to all the users, and the developer receives a one-time payment in URUN tokens. In addition, the developer receives 1% of the revenues generated by his game during the whole time while it’s active on the platform.

How does it work from the operators’ perspective
U Run It is a modular, comprehensive and fully ready-to-use platform. Operators can install our 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.

Our 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 location or to limit games availability for specific locations.

Any operator, who wants to create his casino on our platform, can sign a contract with us and pay a one-time fee for installing the platform on his equipment. After that, he can install the platform and start working. The operator’s monthly payment for using the platform is 1.5% of the revenue.

URUN tokens
Token description

Use of tokens

URUN tokens can be used for the following operations:

• Platform users

• 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/from the player’s account

• as collateral for participating in the jackpot drawing

• Developers

• payment to third-party developers for using their games on the platform

• Operators

• payment for installing and using the platform

Token distribution

The goal of the campaign is to achieve a Soft Cap of 4,000,000 URUN tokens. A total of 80 million tokens will be emitted. Maximum number of tokens during the public sale stage will be 75% of all the emitted ones, which equals 60 million. The base price of one token is 0.00125 ETH (1 ETH = 800 URUN).

Unsold tokens, emitted for sale during Closed pre-Sale, pre-ICO and ICO campaigns will be distributed proportionally among those who bought our tokens during pre-Sale and ICO stages. Tokens reserved for founders will be frozen for 2 years from the end of the ICO campaign. Tokens reserved for the team members will be frozen for 1 year from the end of
the ICO campaign.

Utilization of collected funds

Token sales schedule
URUN token sale will take place in three stages:

• closed pre-sale

• pre-ICO

• ICO

Demand for URUN tokens will constantly grow
The U Run It platform requires users to use URUN tokens. The platform is so revolutionary and in demand, that obviously, as the number of casino operators using our platform increases, the number of active users of the token will grow exponentially.

The number of tokens is limited. Tokens will be emitted once only at the ICO stages, and after that there will be no additional emissions.

At the same time, every URUN tokens transaction to pay for the services within the platform will “burn” 0.5% tokens of the transaction amount. We are talking about all internal transactions when the tokens are paid to the platform fund, such as: leasing fee for the place; promotion fee to move the leased space up in the list of games; com-missions when
player sells a place or rank, etc.Obviously, all of the above will lead to a constant increase in demand for URUN tokens.

URUN token holders’ benefits
The URUN token gives to its holder the right to be a full participant in the platform with all the benefits:

Here is the list of URUN token holder’s benefits:

• Participation in daily jackpots (fund - 40% of URUN tokens, collected by the platform during the day)

• Participation in weekly jackpots (fund - 15% of URUN tokens, collected by the platform during the week)

• Participation in monthly jackpots (fund - 15% of URUN tokens, collected by the platform during the month)

• Constant growth in demand for tokens

• Place leasing

• Purchase of services on the platform

• Rank trading

• Possibility to use tokens as game currency within the platform

• Access to beta-testing of the games (closed testing before release)

• Possibility to sell tokens on the largest cryptoexchanges

Competitor analysisNone of the existing casinos carries out the whole range of tasks in the gambling market.

Existing casinos and service providers can be divided into the following categories:

• classic casino accepting fiat currencies

• content providers

• casino operators with transparent and fair play

• licensed crypto casino

• crypto casino platforms

U Run It platform covers all of the above areas of activity and offers much more. Moreover, we are absolutely sure that other stake-holders in online gambling market will become our customers and will buy our software to fill the gaps in their services offerings.

Our key competitive advantages
We offer a completely new concept in the world of gambling, altering the foundation and
changing traditions. The concept of the platform is so innovative that there has never been
anything even remotely close to it in the market.

Advantages of the new platform concept for the investors

Advantages of the new platform concept for the players

Project Roadmap

Our plans for the future

After all the stages of development and marketing of the gambling platform are successfully
executed, we will start developing the Sports Betting platform, which will be based on
very similar principles and use the URUN tokens.

Project team
We have a strong team with all the necessary skills, talents and experience to launch the project and market it successfully.

Here are the reviews I present to you all in finding information and knowing which URunIt project is currently running by their team, if there is any lack of explaining this article, do not worry, I have set up a link for you to get accurate information. information. information and of course you will be able to speak directly with or their team, at the link.

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