Mark Cuban to take part in Unikrn ICO; ESIC and MGA agree MOU

Shark Tank star, Mark Cuban, has announced plans to take part in Unikrn’s initial coin offering, weeks after declaring that Bitcoin was a bubble, and the Esports Integrity Coalition and the Malta Gaming Association agree on a Memorandum of Understanding.

Mark Cuban may believe that Bitcoin is in the midst of a bubble, but that hasn’t stopped him putting his considerable weight behind Unikrn’s Initial Coin Offering (ICO) scheduled to hit cyber shelves in late August.

The Dallas Mavericks owner recently tweeted that Bitcoin was in a bubble, but didn’t question the value of cryptocurrency, only the valuation. It was CoinDesk that first announced Cuban’s plans to take place in the ICO, with the billionaire responding High Risk, High Reward.

Created in 2014, Unikrn is a Seattle-based esports betting platform that offers real money betting in the UK and Australian markets. Within the first year, they raised $10m in funding from the likes of Ashton Kutcher, Shari Redstone, Elisabeth Murdoch, and Mark Cuban,