Canadian poker pro Isabelle Mercier has been using social media to vigorously promote a new online poker room which launches this week in play-money format pending the real thing later in the year.
CoinPoker will in future operate on CHP token using blockchain technology.
“CoinPoker’s key mission is to provide safe, transparent, and trustworthy online poker games,” Mercier said over the weekend. “Blockchain opens so much more opportunities for the community even in those regions where fans of the game have constant payment problems, like Asia or Latin America. Players around the world can be confident that their funds will be secure, their cards will be random, and their games will be fair.”
Using cyber currency enables operators to make global player transactions measurably faster, Mercier claimed, revealing that CoinPoker will be using a special cryptocurrency called Chips (CHP) based on Ethereum smart contracts.
CoinPoker has also placed its random number generator on blockchain; head of security Michael Josem, who is respected for his industry work in exposing major poker industry scandals in the past, said that fairness and integrity considerations motivated the decision.
“We are developing a Fairplay blockchain-based security and fraud system that is going to help us discern the real players from the bots, preventing cheating,” Josem revealed.
Future plans for CoinPoker include an initial coin offering (ICO) in January next year, with a pre-sale of the tokens next week giving early birds an opportunity to benefit by around 30 percent.
CoinPoker has published a Youtube vid on the new enterprise, which can be viewed here: https://youtu.be/Sb_LGKh1-FI