Join Our Mailing List
Tuesday October 03, 2023
Bitcoin (BTC) $27,668.41   Ethereum (ETH) $1,670.34
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Token Offerings/Listings

Virtue Poker (VPP) ICO hard cap reached with over $18 million raised

Conceived in 2015, Virtue Poker is a ConsenSys-incubated company that uses the unique features of blockchain technology, in conjunction with peer-to-peer networking, to provide a safe and honest environment in which to play online poker...

Published by CryptoNinjas.net
05/08/2018
Virtue Poker (VPP) ICO hard cap reached with over $18 million raised

Virtue Poker, a decentralized peer-to-peer poker platform built on Ethereum announced today a sell-out of its VPP token sale; with the hard cap of 25,000 ETH easily reached. The figure at current ether rates is around $18.5 million USD. The token sale was 82% of the way to its target just 1.5 days after starting.

VPP tokens have three core utilities within the Virtue Poker network which include: (1) VPP can be “locked” in a smart contract called the Justice Registry that enables users to stake tokens and validate hands on the network in exchange for fees from players, (2) VPP can be used as an in-game currency, and (3) VPP can be used to access special tournaments.

Highlights of Virtue Poker

  • Security Of Player Funds – Players do not deposit money into a centralized Virtue Poker system. Instead, players fund their personal digital wallets and enter games with these funds.
  • Tamper Proof Gaming – All gameplay happens using off-chain using a secure implementation of mental poker.
  • Instant Payouts – All payouts happen in less than 60 seconds and are automatically sent back to a player’s digital wallet when they leave a table.
  • Guaranteed Tournaments – Competitors spend money on expensive sponsorships on poker stars and athletes, we feel like our players would prefer if we spent that money on them instead, so we put our marketing resources into guaranteed tournaments.

The Virtue Poker team stated:

“After three years of development, six months of token sale planning and a very exciting two weeks, we’re thrilled to announce that the Virtue Poker Early Adopter Token Sale has reached our hard cap of 25,000 ETH and is now closed. This marks the beginning of the most exciting time for us — beginning next week, our early adopters will have their first chance to experience the Virtue Poker network we’ve been working on since 2015. Everyone who participated in the Early Adopter Token Sale will be allocated special test VPPs and test ETH that they will use during the alpha and beta test cycles. These early adopters won’t risk their own tokens during the test phases — we will provide the test tokens at no charge. Participants in the test cycles will be rewarded in a variety of ways, including tournaments, drawings, and airdrops worth over $100,000.”

37
SHARES
SubscribeE-MailXFacebookWhatsappTelegramRedditLinkedin
Via: virtue.poker

Related News

Ethereum poker dApp Virtue integrates FunFair Wallet to enhance gameplay

05/25/2021
Ethereum poker dApp Virtue integrates FunFair Wallet to enhance gameplay

Virtue Poker, a decentralized poker platform that uses the Ethereum blockchain to provide an online poker app that’s safe, honest, and fun, today announced it has chosen FunFair Technologies' non-custodial wallet solution to power...

Read more

Ethereum-powered Virtue Poker holding final test round; winner gets entry to 2020 WSOP

03/12/2020
Ethereum-powered Virtue Poker holding final test round; winner gets entry to 2020 WSOP

Virtue Poker, a poker platform powered by Ethereum, announced the final round of its Beta run is about to start. The winning player will get entry to the main event of the 2020 World...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Blockstream Mining Bitcoin

Blockstream launches bitcoin mining colocation and pool services

08/08/2019
Fuse Network welcomes Liquify as new blockchain infrastructure partner

Fuse Network welcomes Liquify as new blockchain infrastructure partner

10/02/2023
Blockstream releases new platform for Liquid-sidechain security token issuance

Blockstream releases new platform for Liquid-sidechain security token issuance

05/15/2019
Zilliqa blockchain combines incubation programs as it announces new grant winners

Zilliqa blockchain combines incubation programs; announces new grant winners

12/03/2019
Fuse Network welcomes Liquify as new blockchain infrastructure partner

Fuse Network welcomes Liquify as new blockchain infrastructure partner

10/02/2023
BITmarkets – Spot, Futures, Margin Trading with 150+ Cryptocurrencies

BITmarkets – Spot, Futures, Margin Trading with 150+ Cryptocurrencies

08/28/2023
HashKey Exchange, Hong Kong's first licensed crypto exchange is now live

Hong Kong’s first licensed crypto exchange HashKey is now live

08/28/2023
Adenasoft launches new crypto exchange white label solution: ACE

Adenasoft launches new crypto exchange white label solution: ACE

06/27/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2024 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2024 CryptoNinjas Disclosures | Privacy Policy