UnikoinGold is designed as a decentralized ERC20 token on the Ethereum blockchain utilized for allowing the exchange and interchange of a virtual point-based reward system for the purpose of legal and licensed betting on esports matches, tournaments and other engagement around gaming. UnikoinGold will also be used as a rewards and incentive token for esports participants, players and teams.

Trades will be executed by a system of Ethereum smart contracts that are publicly accessible and that will be open and transparent to the network.