(MENAFN Editorial) CoinPoker, a cryptocurrency-based poker room, sold out their Pre-ICO in just six days and distributed 100,000,000 CHP in the process, making a splash in the ICO world that is oversaturated with countless ambitious projects.
As an incentive to build community, they have promised to give back 15% of all tokens collected to the players after the entire ICO has concluded. However, CoinPoker have decided to start early, and will be releasing 5% of the tokens to the players starting on 11th of December, with 5,000,000 CHP going into tournament prize pools.
'It's first time in crypto world where you can start mining crypto currency by playing free poker! It's absolutely amazing. CoinPoker's advisor Tony G said about the promotion, which is going to distribute an amount equal to ~350,000 EUR (calculated by the Pre-ICO CHP price and the average CHP price during the upcoming ICO).
'We're happy to start giving back to the community even earlier than we planned. said Warren Lush of CoinPoker, 'It's an opportunity for the crypto-community members and poker players to participate in our tournaments together for the first time and after they give it a go, we're sure they will be enticed to get more tokens during the ICO.
All the tournaments that will be taking place are freerolls (i.e. free to play in), so in order to participate in this promotion, the players only need to . These events are starting on December 11th, 00:00 GMT and will run every half an hour, totalling to 48 tournaments a day.
In addition to the daily tournaments, there will also be special events running every day of the week. That means 220 chances to win CHP throughout the four weeks that the promotion will be active. CoinPoker has also announced that some of the tournaments will have pass codes that will be revealed via their social media channels , , and/or .
However, in order to award players their in-game currency CHP, CoinPoker will first eliminate play money from the app. That means the players will be unable to play throughout the weekend, but as soon as the promotional tournaments start, they will be able to both win CHP and play with the CHP that they have won.
A big advantage to launching early is the fact that these tournaments will act as a reliable stress test for the application. The project will also launch their security system targeting bots as well as cheating players, and are hoping it will start proving its reliability very shortly.
After the 5% are distributed, the players will be able to get their hands on the remainder (10%) once the CoinPoker ICO concludes in the first quarter of 2018. It is planned to start late in January/early in February, and there are still 275,000,000 waiting to be released. Around the same time, the first deals with exchanges should also be finalized.
CoinPoker is aiming to solve major current online poker problems - slow transactions, various payment issues, and lack of transparency in game logic. In order to do that, they are putting their RNG (Random Number Generator) on blockchains, using their own in-game currency CHP, and implementing an extensive Fairplay security & fraud system.
________________________________________
More info:
In order to find more detailed information on this project, please refer to CoinPoker's Whitepaper at https://coinpoker.com/downloads/coinpoker-whitepaper.pdf and One Pager at https://coinpoker.com/downloads/coinpoker-onepager.pdf or the introductory video at https://www.youtube.com/watch?v=Sb_LGKh1-FI
Media Contact:
Michael Josem, This email address is being protected from spambots. You need JavaScript enabled to view it. or +44 7456 664 602.
Paul Mikaliunas, This email address is being protected from spambots. You need JavaScript enabled to view it.
Website:
MENAFN0812201700703077ID1096209708