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UnikoinGold
Information by Research Trustfinance
UnikoinGold (UKG) was a cryptocurrency launched in 2017 through an Initial Coin Offering (ICO) by Unikrn, Inc., a Seattle-based esports company founded by Rahul Sood and Karl Flores. The token was designed to be the exclusive currency for a skill-based betting platform, allowing users to wager on professional esports matches, play games, and enter jackpots. The project's mission was to create a unified, decentralized token for the esports and gaming community. However, in 2020, the U.S. Securities and Exchange Commission (SEC) charged Unikrn for conducting an unregistered ICO, classifying UnikoinGold as a security. Following a settlement with the SEC, the tokens were disabled. In 2021, Unikrn was acquired by global sports betting and gaming giant Entain plc, which effectively ended the original UnikoinGold project.
United States
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Crypto
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