Why are you discontinuing UKG?
Unikrn over-delivered on the promises made in its pre-sale documents and has poured tremendous work and innovation into the world of esports and wagering. Unikrn has been working to establish regulatory clearance in the USA for UKG and invested in the best legal advice available while openly working with regulators.
However, in the time since the 2017 token sale, the SEC established guidelines which, applied retroactively, raised many questions with regards to the future of UKG.
In order to focus on the core of Unikrn’s award-winning platform without distraction, Unikrn has worked with the SEC to come to a solution, and that solution requires UKG to retire.
Where did my UKG go?
There are a few possibilities:
- If you had deposited in another cryptocurrency and were betting with a UKG balance, your balance has been converted to its equivalent value in fiat for your convenience.
- If you have a betting-eligible account and you had platform-locked UKG bonuses, those bonuses have been converted to bonus bet tokens with the equivalent value. Those tokens are subject to Unikrn’s normal bonus bet terms and conditions.
- If you deposited your own UKG into your gaming or holding wallet on Unikrn, it is still there! You need to withdraw it to a private wallet immediately and wait for the SEC’s guidance. Unikrn support will no longer service requests about UKG after today’s retirement.
- If you had platform-locked earned UKG from Unikrn Connekt that was beyond its use date (14 days or older), it expired per the normal terms. Platform-locked UKG in betting-ineligible accounts has also expired.
To be clear, none of your personal UKG was taken by Unikrn, Unikrn just retired all UnikoinGold tokens which were earned for free on Unikrn and subject to terms and conditions.
Why did the UnikoinGold subreddit change?
Because UnikoinGold will no longer be supported, the subreddit moderators decided that the best way to prevent misinformation or attempted scams is to cease operations for this community.
Why did Unikrn change the Discord?
Unikrn has decided that, for now, the Discord channel has led to some significant issues of misinformation spreading to members without constant moderation. Right now, Unikrn isn’t prepared to devote the resources necessary to full-time moderation of the Discord channel, so some aspects of the Discord are going into hiatus while the next steps are discussed internally.
Will the UnikoinGold shop still exist?
Will Unikrn still offer free rewards for playing games?
Unikrn will still offer rewards, but this structure is being reworked to function on a fiat basis instead. Both Unikrn Connekt and Unikrn Loot are being retired with UnikoinGold to make room for this improved system.
Will Unikrn still offer crypto betting?
Yes! Unikrn will accept deposits in major cryptocurrencies including Bitcoin, BitcoinCash, Ethereum, GUSD, USDC, PAX, BUSD, and Ripple via BitPay. When deposited on Unikrn, your crypto will be converted to its fiat value for betting purposes.
What if I have UKG but I didn’t participate in the token sale?
To our knowledge, you can still participate in the claim process as operated by the SEC, but all conditions and processing will be completely operated by the SEC.