Mark Cuban-backed Esports betting platform Unikrn looks to sell $100M in cryptocurrency
Seattle-based Esports betting startup Unikrn today announced that it will look to sell $100 million in cryptocurrency “tokens” as part of an initial coin offering, or ICO. On Sept. 22, the company will sell virtual tokens called UnikoinGold that can be used on its platform to bet on Esports matches. Those tokens can be exchanged for other major cryptocurrencies, such as ethereum and bitcoin, which can then be exchanged for U.S. dollars. Unikrn is partnering with CoinCircle for the ICO and will use the proceeds to help fund the growth of its business. The company previously raised $10 million in venture funding from… Read More