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Russia’s FIFA World Cup 2018 Welcomes Cryptocurrency

Last Updated May 19, 2023 10:24 AM
Guest Writer
Last Updated May 19, 2023 10:24 AM
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With the World Cup just around the corner, Russia is doing everything it can to attract tourists. Beginning in June, Kaliningrad will become the first World Cup city to accept cryptocurrency with the remaining ten cities (Ekaterinburg, Moscow, Kazan, Saint Petersburg, Volgograd, Rostov-on-Don, Sochi, Nizhny Novgorod, Samara, and Saransk) expected to follow suit.

But if you are not in Russia to see the games live, you can keep up with all the action on UniGame’s new sports betting platform, an innovative secure peer-to-peer betting platform utilizing blockchain technology to provide a robust escrow and settlement service.

UniGame  believes that “Cryptocurrencies are now enjoying increased interest and gradually will come into use as a means of payment. Anyone from anywhere should be able to pay for their services with the help of this innovative technology.”

The UNC token will be the industry standard for a transparent and provably fair sports betting system and available for purchase prior to the World Cup in Russia. A total supply of 16B UNC will be made available (with some locked in reserve). Sports bettors will have immediate access to the token to place wagers in sportsbooks that cater to UNC clients and peer-to-peer bets.

There will be no need for credit cards, wire transfers, or other outdated payment mechanisms. UNC betting tokens will take their place and can always be sold or traded with coins such as bitcoin and ethereum.

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UniGame and its UNC token allow savvy sports fans access to large wholesale bets as well. There is a massive market for betting where the amounts exceed those that individual operators are prepared to risk. With no system limits, UniGame provides the liquidity necessary to execute these bets. Bets are pooled so that multiple participants can match a single bet.

Punters have no risk of operators who have insufficient funds to lay their bets – in this system all bets are pre-funded on both sides. Again, the system facilitates interactions between participants, not human operators. After purchasing UNC tokens, placing bets at the World Cup and seeing those bets pay off, the winnings will be distributed as soon the bet is resolved. Punters will rest easy knowing that their winnings will be paid in a timely manner.

May 2018 is the target date for the launch of the fully-fledged, much-anticipated, UniGame platform, which will exclusively utilize the UNC token. However, owners of the token will be able to use their UNC at associated sportsbooks and gaming platforms before the official launch date.

If you are a World Cup soccer fan, sports better, or crypto investor, you won’t want to miss this opportunity to join the future of cryptocurrency sports betting. Check out unigame.com  for more updates and registration and referral bonuses.