CoinPoker: A Poker Room Built On The Blockchain
By: Crypto Research William Thrill
Tags: Investment, Ethereum, Bitcoin, Gambling, Blockchain

What Is CoinPoker?

CoinPoker is a new blockchain-based platform that aims to provide players, both professional and casual, a safer, securer way to participate in online poker games within a decentralized, distributed network.

Essentially removing the middleman, CoinPoker gives players the opportunity to gamble at extremely competitive rates, with the promise of large promotions to drive traffic and ultimately increase the value of the aptly named Chip (CHP) tokens/coins.

CoinPoker is already much more than a simple concept, the development of the service has been completed, the minimum viable product (MVP) is ready to be put to the test, and the team is now ready to launch a post-ICO with plans to further develop the product and deliver immediate benefits to CHP purchases. CHP was listed on its first exchange, Allcoin, in Feb, and has since been listed on other major exchanges such as HitBTC, Kucoin, Idex and YoBit.

Useful DYOR Information

CoinMarketCap URL : https://coinmarketcap.com/currencies/coinpoker/

Webpage: https://coinpoker.com/

Coin Name : CoinPoker CPH

Total Supply : — 500,000,000 CPH (whitepaper)

Circulating Supply : 247,272,469 CHP

Market Cap : $24,781,647 USD

Pre Ico Price : — 1ETH = 6,600 CHP

Ico Price : — 1ETH = 4200CHP

Tokens/Money Raised Through ICO : — 100,000,00 CHP

White Paper : — https://coinpoker.com/downloads/coinpoker-whitepaper.pdf?v1801018

Token Type : — ERC 20

CoinPoker Concept

The online poker industry has experienced some rather volatile ups and downs in the past. After its meteoric rise in the early 2000’s the implementation of more stringent regulations saw the game’s popularity slowly plateau, however more recent, positive, policy changes have laid out a much brighter future for online poker players; a future that could be driven, in large part, by the adoption of blockchain technology.

Blockchain allows developers to overcome many of the major hurdles that hinder the growth of the online poker industry, namely solving payment processing issues, managing game integrity, as well as fair random number generation and the ability to incorporate revolutionary blockchain marketing initiatives.

CoinPoker aims to assist the resurging trend of online poker by creating a new, global ecosystem driven by the players, and crypto enthusiasts.

Benefits of CoinPoker

CoinPoker Business Plan

CoinPoker’s business plans aims to converge the two worlds of online poker players, with the cryptocurrency world. Doing so provides many benefits for both sides of the market by making the game safer, securer and more widely accessible, whilst providing a platform for investors to earn revenues. Initially the CoinPoker will generate revenues by taking a small admin fee for the development of the network. The underlying crypto currency CHP, will then be listed on exchanges to enable a secondary market that will generate interest, and investment from those who do not play poker.

Payment Processing

Some of major problems preventing the global expansion of online poker are the strict regulations surrounding payment processing, especially when it comes to international payments. Blockchain’s peer-2-peer network and its novel cryptocurrency, which can be purchase through numerous exchanges regardless of geographic location, allows CoinPoker to bypass these regulations and thus opening up the game to truly international play.

Traditional payments from poker rooms can also take days, even weeks to get processed, some even still send checks in the mail. Cryptocurrency payments are almost instant, and many exchanges now process transactions in a matter of hours, instead of days.

CHP Coin

The CoinPoker token/coin, otherwise know as Chips or CHP are an ethereum based coin that can be used for all purchases in the ecosystem. Like ETH crypto CHP will be divisible into 18 decimal points and will be transferrable to other currencies.

Requiring all transactions to take place in CHP allows players from all over the world access to in game currency, and puts everyone on a level playing field. And since the only way to play poker on the network is to use CHP, initial investors who purchased coins at the ICO will benefit from an immediate increase in price as the demand for the coins increases.

Security

Fraud and security scandals have also plagued the industry and as result, the reputation and trustworthiness of poker rooms has taken a big hit. Lack of transparency has been one of the games major downfalls when it comes to integrity and fairness.

Blockchain’s solves this problem by making it impossible for hackers to tamper with any records since they are simultaneously stored as a distrusted ledger throughout all nodes on the network.

RNG (Random Number Generation)

Random number generation is another important factor that could be exploited to produce numbers that are in fact, not random, and could therefore be used to gain an advantage. Blockchain’s transparent architecture together with its automated smart contracts is used to improve this process, and whilst the technology does still relying on some traditional techniques, the team is working hard to develop RNG that is fully reliant on blockchain and truly random.

Fairplay (fairblock) Program and Initiatives

Modern poker rooms already do a great job at analyzing player behavior to determine ethical actions such as multiple players from a single team colluding at a table to gain an advantage over others. The Fairplay security and fraud system implemented by CoinPoker does exactly that, ensuring that all actions are fair, and eliminating bots and other hacks from assisting game play.

Blockchain’s inherent voting systems, which will allow new product designs, games and other services to be made available based on public demand, will also allow users to vote on what maybe seen as suspicious play.

CoinPoker also offers users the ability to run their own referral businesses in return for revenue shares, paid in CHP. Those who consistently participate in bettering the community will be further reward with coins.

Social Media Information :

Facebook

URL : — https://www.facebook.com/CoinPokerOfficial/

Likes : 27,221likes and 27,707 followers

How Many Posts / Updates In The Last 7 Days : 58 posts

Twitter

URL : https://twitter.com/CoinPoker_OFF

Followers :4420 followers

How Many Tweets / Retweets In The Last 7 Days : 55 posts

Telegram

URL : — https://t.me/officialcoinpoker

Users : 2 855 members

Telegram Admins

User Name: Ruta

User name: Tom

User name: @PauliusMikaliunas

User Name: @CoinPoker

User Name: Tony G

User Name: Agne

User Name: Tadas

User Name: Isabelle Mercier

User Name: @Ugnius

Reddit

URL : — https://www.reddit.com/r/coinpoker/

Readers :181 readers

Youtube

URL : — https://www.youtube.com/channel/UC13j_W_xRiu4927ZGYhiiWA

Subscribers : 222 subscribers

Medium

URL : — https://medium.com/@CoinPoker

Followers : 326 followers

How Many Updates In The Last 7 Days : 13 posts

LinkedIn

URL : — https://www.linkedin.com/company/coinpoker/

Followers : 8 followers

How Many Updates In The Last 7 Days : 4 posts

GitHub

URL : — https://github.com/CoinPokerOfficial

Staff / Team Info :

Name : René Boutestijn

Title : Chief Development Officer

Bio : — René is an online gaming software engineer with more than a decade of experience working in the field. As a lead developer, he specialized in building multi-player online-based games like poker, backgammon, chess, rummy, and other card games. René’s extensive background in the industry allows him to build on best principles as well as deliver with the latest innovations in the industry.

LinkedIn : — https://es.linkedin.com/in/turnbasedgames

Name : Justas Kregždė

Title : CTO & Smart Contract Developer

Bio : — Justas is an online gaming software developer with more than 12 years of experience in the field. In addition to that, he is an author & a contributor of 10 published iOS and Android games. For the past three years, Justas has been working as an online poker software developer. Over the last year, he has been focusing on blockchain related projects & smart contracts.

LinkedIn : — https://lt.linkedin.com/in/justaskregzde

Name : Michael Josem

Title : Head of Security

Bio : — Michael is a veteran when it comes to online gaming security and fraud prevention. He is best known for uncovering two major cheating scandals in poker world and has been working in the field for more than a decade. His experience working at PokerStars and Full Tilt Poker allows Michael to provide insightful analysis on issues affecting players, in-game transparency, and security.

LinkedIn : — https://uk.linkedin.com/in/michaeljosem

Name : Isabelle Mercier

Title : Chief Community Manager

Bio : — Isabelle is a professional poker player, boosting more than 1,000,000 in total career winnings. She’s been in the poker scene for more than 15 years, and is a well-known Open Face Chinese poker guru. As a poker ambassador, Isabelle has a strong presence in the French & Canadian markets, and has columns both online and in traditional media. She has been nominated for Staff Person of the Year twice by the European Poker Awards, has her own instructional DVD and appeared in the documentary That’s Poker.

LinkedIn : — https://www.linkedin.com/in/isabelle-mercier-9b606419

Name : Paulius Mikaliūnas

Title : Head of Poker Operations

Bio : — Paulius has been working in the field of online gaming for 10 years, and for the past three, he has been the poker product manager at the TonyBet Network. His experience as a professional poker player lead to him becoming one of the co-founders of the Lithuanian Sports Poker Federation. Paulius’ primary focus was always poker, and he has also worked as the Editor & Manager of the Baltic Region at PokerNews for three years.

LinkedIn : — https://www.linkedin.com/in/paulius-mikaliunas-2ab3568a

Name : Alex Mishiev

Title : Online Business Strategy & Digital Marketing Expert

Bio : — Alex is a strategy expert with an extensive background in e-gaming industry. His specialties include increasing profitability and maximizing efficiency, as well as determining growth engines. Alex has experience working at such companies like 888.com, Playtech, and The Nation Traffic and is a board member at various e-commerce companies.

LinkedIn : — https://il.linkedin.com/in/alexmishiev

Name : Antanas Guoga — Tony G

Title : Entrepreneur

Bio : — Tony G is a living poker legend, and one of the most popular players in the world. He is well known for his numerous colourful appearances in many poker TV shows, such as HighStakes Poker, Poker After Dark, and The Big Game amongst others. He is also a prolific entrepreneur, a member of the European Parliament, and one of the most influential crypto-community backers in Europe.

LinkedIn : — https://lt.linkedin.com/in/antanasguoga

Name : Sonic Zhang

Title : Entrepreneur and investor

Bio : — He is the Co-founder and Global Director of 20 Nations League of Blockchain (B20), an international NGO focused on bridging blockchain and crypto-currency communities worldwide. And the co-founder of ValueBank Group, a global network of fiat-crypto exchanges, with a crypto wallet and payment solution. Founder of ValueNet Capital, focusing on investing in blockchain startup and cryptos. Co-founder of Murint Capital, a VC Fund for tech and entertainment industries. Founder of SoRelax, a global platform for cross border marketing and services. Sonic has a MPM and a BE in Mechatronics from University of Sydney.

LinkedIn : — https://www.linkedin.com/in/sonic-zhang-61180253

Name : Mike Segal

Title : Cryptography expert

Bio : — Mike is an expert in cryptography and algorithms who has been active in the Bitcoin community since 2011. Mike has been an avid poker player for over 15 years and has created automated poker playing bots, odds calculators, and a provably fair game engine. Mike is the Chief Technology Officer at DigitalX, a leading cryptocurrency fintech company.

Name : Kevin Hobbs

Title : Blockchain Technology Expert

Bio : — Kevin Hobbs is the CEO of the Vanbex Group and the founder of The Genisys Project. He has more than a decade of management experience after working in a variety of challenging roles that he brings to his current endeavours. Kevin has a great interest in how Blockchain technologies help further innovation and how business will be done in the future.

LinkedIn : — https://www.linkedin.com/in/kevinhobbs007/

Name : Danilo S. Carlucci

Title : Marketing & Communication Expert

Bio : — Ex online poker player, startup founder and marketing expert with 6+ years experience. Currently at Google, leading YouTube’s community efforts in the UK

LinkedIn : — https://www.linkedin.com/in/daniloscarlucci/

Name : Emerson Fonseca — CryptoFonzy

Title : Blockchain Consultant, Cryptocurrency Trader and Community Advisor

Bio : — Emerson is the Head of NEM Philippines and CEO of Coin Sessions PH. In addition, he is one of the Board of Advisors for LoyalCoin. He started his career in the crypto space as a trader and has been known as CryptoFonzy since then. As an advocate of Blockchain Technology, he helps start-ups, ICOs, and blockchain companies with building communities, creating marketing strategies, and communicating in order to attract investment opportunities, and at the same time, he is broadening innovation awareness in the Philippines.

LinkedIn : — https://www.linkedin.com/in/emerson-fonseca-7114048a

Name : Teresa Nousiainen

Title : Poker and Community Advisor

Bio : — Teresa is a gaming expert with more than 15 years of experience and is well-known worldwide in the industry. She is a respected figure in the Finnish poker market, as well as an acclaimed poker tournament director with a long career working on the European Poker Tour. She has also worked as a casino and poker product manager, who ran events for the majority of the biggest brands in the field.

LinkedIn : — https://fi.linkedin.com/in/teresa-nousiainen-7513229a

Name : Warren Anthony Lush

Title : PR and Marketing Expert

Bio : — As an expert in public relations for online industries, Warren has been working with the best & biggest names for a good number of years. His vast experience includes being the Head of PR at PartyPoker and similar roles at Ladbrokes and Sky Sports. In addition to that, Warren has also worked in politics for Rt Hon William Hague MP, the former leader of the opposition & Foreign Secretary. In January 2012, Warren was honoured as the European Staff Person of the Year in the industry of poker.

LinkedIn : — https://www.linkedin.com/in/warren-lush-6a3b425

Name : Brian Thomas Hall

Title : Legal Advisor

Bio : — Brian is an expert in e-commerce, specialising in strategic and legal advice. His experience envelops advising both domestic and international companies on many different aspects of the field, including structure, development, consumer protection, skill games, and many others. As a seasoned professional with experience at BH International Strategic Consulting and Lazarus Charbonneau, he is well versed in gaming law and e-commerce.

LinkedIn : — https://www.linkedin.com/in/technologylaw

Name : Eugene Dubossarsky

Title : Data Scientist

Bio : — Eugene is a data scientist with nearly two decades of experience in the field. He is proficient in identifying data-based solutions and opportunities and ensuring they are understood as well as applied correctly. Eugene is a founder of multiple projects and communities, and he is currently a Director & a Principal Trainer at Presciient.

LinkedIn : — https://au.linkedin.com/in/eugene-dubossarsky-09208a1

Name : Chadd Burgess

Title : Quantitative Trader & Capital Markets Consultant

Bio : — Chadd has 15 years experience in the financial industry as quantitative portfolio manager and proprietary trader. He has worked in multiple jurisdictions across Asia and maintains an extensive network of funds management and crypto industry contacts. He currently is working on multiple projects aimed at integrating blockchain technologies with traditional financial capital markets.

LinkedIn : — https://www.linkedin.com/in/chadd-burgess-1029ab112

Company Address :

British Virgin Islands

Nicosia, Engomi (Linkedin)