Bitnplay Uses Counterparty For Poker Crowdsale
Bitcoin startup, Bitnplay is developing a new and innovative bitcoin-only online poker platform that it expects to launch in early 2015. The company aims to use the bitcoin blockchain to usher in a new age of poker with a fair, secure, decentralized and friendly environment for all online poker players. Currently, online poker is constrained by the limitations of third-party risk, and the large-scale centralization of users’ funds, tied up in deposit accounts. Bitnplay plans to address this by using Bitcoin’s blockchain technology to eliminate any counter-party risk a player would....
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European firm Bitnplay are developing a new Bitcoin only poker site, to be launched on 1st february 2015. In order to fund an initial marketing campaign to promote its new service the company has announced a unique crowdsale in which 200 tokens will be sold for 2 bitcoins each. Each of the 200 tokens, which are issued using the Counterparty protocol and can therefore be held in any Bitcoin wallet with user-controlled keys, entitles its owner to 100% rakeback for life. In poker terminology 'the rake' is the service fee charged by the house for each hand played - so the token effectively....
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Fresh off the announcement of a new partnership with Overstock, Counterparty is announcing the founding of the Counterparty Foundation, a new non-profit organization. The Counterparty Foundation will be established with the help of Perkins Coie, a law firm that advises many cryptocurrency companies. The Counterparty Foundation will provide enhanced structure and services to the growing Counterparty ecosystem; something that Counterparty founders say has been a much-demanded feature. Also read: Medici Will Be a Real Bitcoin 2.0 Stock Exchange. Counterparty was founded by Robby Dermody, Evan....
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