With online gambling market projected to reach nearly $60B by 2020, both the quickly-evolving regulatory landscape and criminal practices turn away consumers reducing their trust and peace of mind. Here at Unilot, we made it our strategic priority to successfully tackle regulatory limitations that vary drastically from one jurisdiction to another, and mitigate consumer mistrust.
To deal with regulations, games offered through Unilot will vary based on the player's geographic location. We are building an intelligent system capable of detecting which games to offer and which ones to lock. Furthermore, Unilot continues to secure licenses in various jurisdictions to expand its user-base.
Unilot leverages decentralized gaming on blockchain to effectively address consumer mistrust, featuring some core fair-play fundamentals:
- Unilot runs on Smart Contacts to keep games' records open and transparent and players' funds in independent escrow, outside Unilot's reach.
- Unilot explicitly eliminated the possibility of having a view access to the deck, thus preventing so-called "God Mode" that plagued online gaming industry for years.
- Our goal is to reinvigorate online gambling with Ethereum blockchain, radically improving end-user experience through player-self-managed identification, absurdly low fees, and inviolable guarantee of instant pay on winnings.