Unilot is a blockchain-powered lottery, gambling, betting and prognostication suite. In short, it is everything that a casino isn’t. It runs as a Distributed Autonomous Organization to guarantee a truly transparent lottery and gambling solution. Use Unilot's token like a casino chip to join and play, create and run your own private gambling rooms, and even put together global complex betting deals world-wide.
Unilot uses blockchain to run a decentralized universal gambling platform for players to bet, host, and in future create their own games ranging from pure chance lotteries, to poker tournaments, and prognostication-based totalizers. We are working to make Unilot available on the Web, iOS and Android and in multiple languages in addition to current English and Russian.
To facilitate the exchange, Unilot platform transacts in its own currency “UNIT” while accepting most cryptocurrencies and other legal means of tender in appropriate jurisdictions. The purpose of this White Paper is to demonstrate Unilot’s technology and solutions it offers, as well as demonstrate the mature business expertise behind the founding team’s vision.
Unilot mobile client features two modes available to players: Global & Hosted Games.
All global games offered are open to anyone on Unilot platform meeting individual local jurisdiction requirements. Games will include minimum pot size before game starts, multiple or single winner settings.
In line with Unilot's mission, hosting games will allow players to generate their own income by hosting their own games on Unilot platform. Players may set their minimum ante, game type and invite others to participate. Games are by invite-only and otherwise remain invisible to global community.
Hosting functionality is what makes Unilot truly stand out from most online lotteries by creating a comprehensive platform for current and future peer-betting venues. Players will be able to host any of the available global games, like running their own poker tournament, setting out their own rules, minimum pot size, their own "host's cut". In the near future, using smart contracts and oracles, Unilot players should be able to create their own betting pools and totalizers.