THELOGICALINDIAN - Bitcoin startupBitnplayis developing a new and avant-garde bitcoinonly online poker belvedere that it expects to barrage in aboriginal 2024 The aggregation aimsto use the bitcoin blockchain to conductor ina new age of poker with afair defended decentralized and affable ambiance for all online poker players
Currently, online poker is accountable by the limitations of third-party risk, and the all-embracing absorption of users’ funds, angry up in drop accounts. Bitnplay affairs to abode this by using Bitcoin’s blockchain technology to annihilate any counter-party accident a amateur would commonly accept with an operator.
Also read: Bitcoin Gambling: A Win-Win-Win For All Parties
Speaking on their aggregation vision, Bitnplay states,
In adjustment to armamentarium its antecedent business attack to advance Bitnplay, the aggregation has appear a crowdsale on the Counterparty platform in which 200 tokens will be awash for two bitcoins a piece. Buying a badge is as simple as creating a Counterwallet and sending two bitcoin from it to Bitnplay’s defined accepting address.
Those who participate in the crowdsale will accept added allowances of captivation the Bitnplay token. Anniversary of the 200 tokens will baptize its buyer to 100% rakeback for life. In poker analogue ‘the rake’ is the account fee answerable by the abode for anniversary duke played – this agency the token finer offers its buyer the adeptness use Bitnplay after anytime advantageous any fees.
As gambling continues to be a accepted Bitcoin use case, Bitnplay hopes its account will extend crypto-gambling above dice and slots and into poker. Bitnplay is due to barrage in February 2015.
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