CRYPTONIA POKER. Executive Summary. Online poker room powered with cryptocurrency
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1 CRYPTONIA POKER Executive Summary Online poker room powered with cryptocurrency
2 Table of Contents Executive Summary 1. is ready to play. Current state of online poker. A fair game.1 Fair play programmes. Random number generation (RNG). Control over player s money. Benefits for the players.1 Distribution of rake revenue. Minimal rake 5. Cryptocurrency value appreciation 6. Affiliate and referral programmes 7. s team 1 1 5
3 Executive Summary brings together the thrill of poker with the transparency and value of cryptocurrency in an online poker room that is based on blockchain technology. The players can benefit from the availability of competitive rakes, discounts and value additions offered through our regular business promotions, and potential appreciation of their Cryptonia that is linked with the building of a robust poker economy around the currency. Cryptonia is the official currency on the platform. In total, we will release 1 billion tokens. We are starting with an ICO (Initial Cryptonia Offering), in which the players can buy 75% of the tokens. Out of the rest, 0% are being reserved for business promotions and tournaments that will add value to our customers holdings, and 5% will be made available to promotors, management and advisors to continue adding value to the platform. Blockchain-based online poker helps make the platform as transparent as possible, and also helps create purely random number generation, ensuring fair play. 1. is ready to play Cryptonia poker rooms are ready to play in. You can join the game rooms right away with play money and have fun. The proof of concept is already there. After the ICO, you can continue playing with Cryptonia. 1
4 . Current state of online poker As more and more poker enthusiasts get tech savvy and more mobile-based platforms are coming up, the Online Poker market is growing at a fast rate. The online gambling size was expected to reach USD billion dollars in 018, and online poker is a huge chunk of online gaming. The market is expected to reach USD billion dollars in the year 00. Half a decade back, the online poker industry encountered some slowdowns due to regulatory controls, but after efforts made by online poker rooms to improve transparency and FairPlay, more and more gamers are encouraged to play online. Introduction of blockchain technology brings the potential to take online poker to the next level, by improving the transparency and Fair play factors.. A fair game Poker is all about playing in a safe and fair environment, and we ensure that the game is transparent, fair and fun..1. Fair play programmes Our security systems and programmes ensure that there is no bot-powered activity or collusion in the system. Our algorithms study the games of all the players independently and in relation to those of other players to ensure that no robotic activity is tracked and no sign of collusion appears. There is also captcha check in the system to ensure that the poker rooms are bot-free. Besides algorithms and software checks, Cryptonia s staff also does random game check to ensure that the games in poker rooms are fair. The players can also report any suspicious activity, which is then probed into by our staff for confirmation.
5 . Random number generation (RNG) Our blockchain technology powered RNG system makes the shuffle more random and difficult to exploit than the pseudo random number generation adopted in poker rooms in the past. The blockchain technology makes the shuffle fair!. Control over player s money Players have full control over their money, as we use Smart contracts, which allow easy deposits or withdrawals of funds from one s poker wallet. Our etherum-based cryptocurrency, called Cryptonia, can be bought and sold by the players with convenience. We do not collect unnecessary user data while registration, therefore we maintain complete anonymity of the players. This lets players play with ease of mind, and cashout their wins within seconds.. Benefits for the players Our games, rakes and rake distribution systems are designed to create maximum value for the users. There will be games with a wide range of buy-ins, so that recreational players are encouraged to play as per their preference..1 Distribution of rake revenue We also distribute 5% of the rake we collect every month to the players. This is done through blockchain technology, in a very transparent manner. The distribution channels include better tournament guarantees and jackpots. This will ensure that recreational players benefit more in the bigger picture, and smart money does not get all the moolah.
6 . Minimal rake The rake that we collect from the games is only %, which is lower than the usual rake in poker rooms. 5. Cryptocurrency value appreciation Cryptonia, the official currency used on the platform, will be offered to people during the ICO. There are total 1 billion Cryptonias in the system, out of which 75% will be available for purchase during the ICO. Post ICO, players willing to buy or top-up Cryptonia will have to do so at the market rate, which means that those holding the currency from the ICO s will see a rise in demand of their cryptocurrency and hence an appreciation in its value. We will continually promote the platform to new users, creating more demand for the currency and hence creating more value for our users. 6. Affiliate and referral programmes We are focussing on building a strong community for the platform, so that maximum value can be generated for the participants. Our affiliate programme lets players invite friends to play and also lets them earn benefits from the referrals. Players, through their affiliate dashboard, can track the activity and progress of the referrals, and encourage them to participate actively to derive more benefit.
7 7. team Our team is a wonderful mix of Cryptocurrency enthusiasts and poker lovers. They know how to mix business with pleasure, and they are putting in their heart and soul to create a platform that is both fun and value generating for online gamers. Meet our team: Lakshay Anand, CEO & Founder Vivek Jain, Co-Founder Paul Danilov, Professional Poker Player Anastasia Naymushina, CMO Alexandr Palamarchuk, Bounty Team Lead Abdallah Altrabeishi, Head of Security Sharad Kant, Interface & Product Designer Sofía Terekhova, Backing Agent Opeyemi Francis Oni, Smart Contract Developer Igor Chetkarev, Customer Success Manager Shivani Ahuja, Writer & Editor Meet our Advisor s: Vadim Ivanenko Daniil Morozov Filip Poutintsev Tushar Kant Meet our Partner s: Global Torg LP 5
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