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Cryptonia Poker 4/5 (1) - Blockchain-powered Poker platform

The blockchain technology powering our cryptocurrency will help you make easy transactions from anywhere in the world. It ensures that the data about all the transactions is decentralised to ensure complete transparency in all transactions. Cryptonia Poker 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 Poker...

Token sale ended

4.0
Hype4.0
Security3.0
Team5.0
Vision4.0
  • Token: CPC
  • Price: 1 ETH = 7,000 CPC
  • PreICO start: 10 Apr 2018
  • PreICO end: 30 Apr 2018
  • ICO start: 1 May 2018
  • ICO end: 1 Jul 2018
  • Country: United Kingdom
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The blockchain technology powering our cryptocurrency will help you make easy transactions from anywhere in the world. It ensures that the data about all the transactions is decentralised to ensure complete transparency in all transactions.
Cryptonia Poker 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 Poker is all set to launch. Cryptonia is the official currency on the platform.
We are starting with an ICO (Initial Cryptonia Offering), in which the players can buy 75% of our tokens. Out of the rest, 20% is 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.
We will launch Cryptonia Poker after the ICO. Its details and schedule are given below.
In total, we will release 1 billion tokens called Cryptonia.
Our online poker and cryptocurrency software is completely built and tested. Huge money and effort have been spent by the founding team to ensure the viability of the platform, and to make it as transparent as possible.
Blockchain-based online poker helps overcome various issues related to the traditional form of online poker, e.g. Cryptonia helps avoid payment processing delays and other issues. Blockchain technology also helps create purely random number generation, ensuring fair play.
Cryptonia Poker rooms are powered with blockchain technology, ensuring that the game is fair the shuffle is random, and that there are no fraudulent players in the online poker room.
Most of the poker software appear to be generating random numbers, while they are based on a certain algorithm that can be predicted and exploited. Such random generators are called pseudorandom number generators (PRNGs).
Our RNG system combines the speed of the traditional number generation systems with the randomness created by blockchain technology to create an ecosystem that is fair and verifiable.
Using only blockchain technology will produce absolutely random numbers, but that is not feasible for two reasons:
• The processing time of each Etherum-based transaction is still high, which might not work in a poker room full of players.
• Also, Etherum transactions are chargeable. There will a fee of 2-3 USD on each shuffle, which will not be feasible.
Previously, some poker companies have tried to implement blockchain and other algorithms in their number generation systems, but have encountered various problem, that must be kept in mind. Refer to the following few examples of methods that generate PRNGs:
Monte Carlo method : This method uses random numbers from physical life situations, but locks the repeated pattern of the same values, in the same order. Which doesn’t sound very random, if you look at it, i.e. the numbers might be random, but the same numbers occur in the same order always. This is a perfect example of a PRNG.
Block hash method : This is a very unpredictable method, and can easily be rigged. If the miner finds that the value of the bet is much higher than the block reward, they might discard the block, rather than choosing to mine on it. There is also a risk involved if there are too many bock hashes involved between the first call and the final reward call of the bet, The block hash returns the value zero if the block hash number exceeds 256.
We have overcome this issue, by combining the traditional and the modern. The following points describe how our RNG system functions:
• Each players and the operator generate their individual seeds
• These pre-committed partial RNG seeds from all the players and the server are collected and processed together in the Random number generator
• The data from the RNG is forwarded to smart contracts
• The players can check the data about each player’s actions, seeds and other transactions of a game through the game’s smart contract on blockchain, recorded and uploaded on regular intervals, to offer transparency to the whole process
Therefore, we decentralise RNG, and maintain a good speed of number generation.

Team

Alexandr Palamarchuk

Bounty Team Lead

Lakshay Anand

CEO & Founder

Vivek Jain

Co-Founder

Paul Danilov

Professional Poker Player

Sharad Kant

Interface & Product Designer

Sofía Terekhova

Backing Agent

Opeyemi Francis Oni

Smart Contract Developer

Igor Chetkarev

Customer Success Manager

Shivani Ahuja

Writer & Editor

Advisors

Scotty Nguyen

Prince Of Poker

Daniil Morozov

Investor & Business Advisor

Vadim Ivanenko

ICO & Blockchain Development

Filip Poutintsev

Cryptocurrency & Blockchain Expert

Tushar Kant

Technical Advisor

Milestones

  • 10th April
    Cryptonia Pre-ICO
  • May, 2018
    Beta App Launch
  • 1st May
    Cryptonia Poker ICO Stage 1
  • 1st June
    Cryptonia Poker ICO Stage 2
  • July
    Cryptonia listed in Exchanges
  • July
    Cryptonia launch on Cryptonia Poker
  • July
    Cryptonia Opening tournament
  • July
    Cryptonia’s referral and partner programme
  • August
    Decentralised, random number generating solution
  • August
    Cryptonia’s fair play programme completion

Token

  • Platform: Ethereum
  • Price: 1 ETH = 7,000 CPC
  • Accepting: ETH, BTC, fiat
  • Token distribution: 60% will go towards development, maintenance and upgradation of the platform, servers, application integrations, etc. 20% will be used for promoting the platform through various channels online to encourage online gamers to play on Cryptonia Poker, so that the size and value of our platform increases. 15% will be reserved for the team, advisors and ambassadors of the platforms for rendering their valuable services
  • Soft cap: 70,000,000 CPC
  • Hard cap: 272,000,000 CPC

Proof Points
3/5

Prehistory of project

No prehistory of project were found.

Product or its MVP

No working product or its MVP were found.
According on the roadmap, MVP is coming soon.

Escrow

No escrow information were found.

Comments

Updated 27.05.2018

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