URUNIT is Integrating Bancor Protocol to Provide Token Liquidity for Millions of Gamers
June 25, 2018 11:12 am,
URUNIT, the first and only online gambling platform managed by its community, has announced its integration of the Bancor Protocol to provide continuous liquidity for the URUN token.
By integrating the Bancor Protocol, URUN token holders will gain access to continuous liquidity regardless of trade volume or exchange listings, through the Bancor Network, where any integrated token can be automatically converted to any other directly from the Bancor Wallet or any Web3 wallet, such as MetaMask. Currently integrated tokens include ETH, BNT (the Bancor Network Token), GNO (Gnosis), BNB (Binance) and a long list of announced projects soon to be activated.
“We anticipate rapid growth of our community which will create a massive demand for URUN token, so it’s absolutely essential to provide our users with an easy way to convert tokens,” said Roman Grushkovsky, CEO of U Run It, Ltd. “Integrating with Bancor will provide liquidity to everyone who wants to be a part of URUNIT community as we build our platform and revolutionize the gambling industry.”
URUNIT will activate a Relay Token with 2% of its circulating token supply within a week following the successful completion of the Token Sale. Users will be able to purchase and sell URUN tokens directly from the Bancor Wallet or any Web3 wallet at a formulaically calculated price.
URUNIT is the first gambling platform managed by its community. That means, absolutely all games, card tables, machines, lotteries, etc. are hosted and managed by the users of the platform. In other words, the payers themselves control the house, host games and receive most of the profit collected during the games. URUNIT is a revolution in the gambling world that will change the rules of the industry once and for all.
For more information about the project, please visit https://urunit.io/
The Bancor Protocol is a standard for the creation of Smart Tokens™, cryptocurrencies with built-in convertibility directly through their smart contracts. Bancor utilizes an innovative token “connector” method to enable formulaic price calculation and continuous liquidity for all integrated tokens, without needing to match two parties in an exchange. Smart Tokens interconnect to form token liquidity networks, allowing user-generated cryptocurrencies to thrive. To convert tokens instantly, visit the Bancor Web App or join the Bancor Telegram group for more information.