Moscow-based blockchain poker room ‘Cash Poker Pro’ has announced its official platform launch and ICO campaign. Cash Poker Pro is a modern poker room with a blockchain network structure and mechanism for fast and confidential money transfers. The token Pre-sale went live on August 26, 2017, and the official ICO will begin October 26, 2017.
Cash Poker Pro has a mission to create a decentralized online poker room with a random number generator (RNG) that users can trust. The poker room platform will enable users to deposit and withdraw their funds fast and anonymously. The team behind Cash Poker Room have over ten years of experience in offline gambling industry, and over three years of experience in poker industry. The company has successfully implemented several software projects for electronic poker tables, bingo, lottery, including casino security and risk management systems. Cash Poker Room specializes in electronic poker tables, predominantly serving the Russian and Kazakhstan markets.
The platform is currently in the final stages of development, and once launched it will be supported by its native CASH cryptocurrency tokens. The token will run on its own blockchain and users will be able to purchase it with BTC, ETC or fiat currency easily. The platform will offer full transparency and security through smart contracts, to guarantee that users’ winnings will be deposited to their respective wallets.
Cash Poker Pro does not require users to make deposits or go through the identity verification process to start playing. The blockchain based platform will also offer users the freedom to create a set of poker tables within the system and start making profits. The use of the blockchain technology makes it possible to verify that the RNG works correctly and does not influence the course of play.
Cash Poker Pro has a three-step development process planned out to be executed following the ICO campaign. As the first step, the platform is building a poker room, which will provide the company with a revenue stream. It will be later integrated into messengers like Facebook, Telegram, WhatsApp etc., as the next step of product development. In the third step, Cash Poker Pro will integrate blockchain technology into its platform. In the near future, the company will also allow integration of Cash Poker Pro into other systems to promote the development of blockchain-based poker room ecosystem.
CASH ICO Campaign
The CASH token ICO campaign is divided into two rounds. The token presale, that commenced on August 26, 2017, followed by the main ICO round. The platform has made 8,000,000 CASH tokens available for purchase at a price of $0.05/CASH which is around 0.00017 ETH/CASH token. All the funds raised during the presale will be used to promote the upcoming ICO. The Poker Cash Pro main ICO will start on October 26, 2017, offering a total of 50,000,000 tokens for sale at the price of $0.50/CASH token.
By joining the ongoing crowdsale, participants stand to make profits by availing an opportunity to invest in the early phases of the project, much before the release of the poker room. They can also use the CASH tokens as currency in Cash Poker Pro’s poker rooms and gain a share of profit from each bank in the poker room.
The platform will dedicate most of the proceeds from the ICO into marketing and development as it aims to attract a huge number of players, including international poker stars. Early bird bonuses will be announced closer to the ICO date.