YOUnited is the first truly fair, social and decentralized online betting and gaming platform with no house interactions. The primary objective is to eliminate the “house” (i.e. casino) involvement in this industry, in order to introduce real ‘player against players’ solutions with all winnings distributed among participated players.
YOUnited is the first truly fair, social and decentralized online betting and gaming platform with no house interactions. The primary objective is to eliminate the “house” (i.e. casino) involvement in this industry, in order to introduce real ‘player against players’ solutions with all winnings distributed among participated players. The YOUnited own native UNTD blockchain technology allows betting and gambling to advance with provably fair and auditable algorithm, fast and secure transactions.
YOUnited is building a community driven platform for players sharing a desire to play truly fair games with no house involvement and world-class experiences that only the latest technological advancements can provide. While recent blockchain casino projects pioneered some of these concepts in whitepapers, showcasing how technology can drive transparency and minimal costs, the executions of these projects are compromised with hidden house fees and misleading returns of winnings to players.
“At the end of the day, the house always wins” is at core of business model of conventional and online casinos. This stands against the YOUnited ideology, as technology can help to get rid of built-in mathematical advantages on games in provably transparent way. Furthermore, evolution of automated smart contracts allows to build fully decentralized games with transactions and prize pools going directly between players, without a possibility to manipulate the pay-outs, nor cannibalize returns to the players.
House edge describes average profit of a casino from all player bets, where casino benefits from built-in advantageous game mechanics (for example RTP) in a long run. It can be calculated for all table games such as poker, blackjack, roulette and also for slot machines. This practice does not involve any cheating, professional players hired by casino and does not rule out hitting the jackpot occasionally. It means that the total amount of bets by
players over certain number of game sessions does not equal to total amount returned to all winners.
UNTD blockchain relies on its unique algorithm that generates provably fair random number in a collaborative process where all players are involved. As long as there is at least one honest player in the whole game, the game can not be rigged, and the honest player will always have their fair chance of winning the game, no matter how hard the cheaters try. Blockchain cryptography is applied to solve two main issues with traditional
The YOUnited community will benefit from large choice of games, unlimited winnings and real P2P gaming. The platform includes variety of games including lotteries, quick & skill games, sports betting and casino games, with community driving further development of games on YOUnited platform. All these games are built to make the experiences social for large communities with no house involvement, bots, or professional players.
Number of proofs of concepts have shown that blockchain technology can enable open and transparent gambling. The core of YOUnited technology is built on native UNTD blockchain with delegated proof of stake consensus protocol and proprietary smart contracts allowing the platform to operate based on own internal rules without any third-party. The platform benefits from low fees, scalability, resilience, immutability of transactions and independent flexibility from third part blockchain hosts.
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