CoinPoker (CHP)

What is CoinPoker

CoinPoker is a poker room built on blockchain technology that will offer fantastic value for poker players and casual purchasers. Poker players will benefit from games offered at extremely competitive rakes with huge valued added bonuses and promotions to drive traffic and a potential appreciation of their CHPs associated with the development of a robust poker economy.

CoinPoker is not a concept, it’s been fully developed and is ready to launch post ICO ensuring immediate benefits to the CHP purchasers. The software is fully tested and the MVP (minimum viable product) is ready to try. Millions have already been invested to get the software to this state.

CoinPoker’s blockchain technology also solves the key obstacles inhabiting the growth of online poker today, namely avoiding payment processing issues, managing game integrity, creating purely random number generation and allowing for blockchain marketing initiatives. Even product design, new games can be controlled by a blockchain voting system based on user preferences.

The timing is perfect for CoinPoker as recent forecasts expect online poker to surge in popularity with previously taboo markets coming back online (such as parts of the U.S) and poker growing in popularity in emerging regions such as Asia and South America. Expenditure is set to treble of the next 3 years.

Due to the reasons listed above, we would like to introduce you to our ICO, or Initial Coin Offering.PreICO is going to start on November 16th, and the ICO is expected to start mid-January. Throughout we will be releasing 500 million of our Tokens called Chips (CHP). Chips will be our official currency that will circulate within the platform, benefiting the holders of the currency.

Smart contracts are a central component to next-generation blockchain platforms. The main goal of a smart contract is to enable two anonymous parties to do business with each other, usually over the internet, without the need for a middleman.

Our main goal is to create next generation poker, which must meet our strict criteria:

Using Ethereum smart contracts, together with our own system, we can fulfill all these criteria. Players will have full visibility of everything that happens on the network, including game play actions by players and the randomness of card distribution.

It is nearly impossible to corrupt or censor smart contracts, because they are placed in a decentralized infrastructure. All of our Ethereum smart contracts will be publicly available for everyone to see and examine.