Cash Poker Pro Announces Presale, as It Implements Blockchain into Online Poker

By August 27, 2017Bitcoin Business
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Cash Poker Pro Announces Presale, as It Implements Blockchain into Online Poker

The blockchain has already received widespread recognition for being one of the most versatile, yet reliable technologies till date. As companies and individuals continue to implement the technology across various domains, Cash Poker Pro, a Russian blockchain project is working on applying the technology to online poker segment.

The Russia based company, Cash Poker Pro is created by a team of experts in the gambling industry. Their decade long experience ranges from offline to online gambling platforms. They have also worked for at least three years in the poker industry. With an excellent understanding of the industry segment, its weaknesses, and potential solutions, the team has decided to implement blockchain to reduce fraud and speed up transactions.

The three-phased development approach applied by the company includes the creation of online poker rooms, integration of poker room into messaging applications and then the implementation of blockchain technology. In order to carry on with the development process, Cash Poker Pro has announced the launch of its ICO campaign, through which it intends to raise the much-required funds.

The two-stage ICO campaign, comprised of presale and the main crowdsale allows investors to purchase the platform’s native CASH tokens, which will a medium of value exchange within the poker room and beyond. The presale campaign went live on August 26, 2017, and will continue until September 6, 2017. During the ICO investors can purchase the tokens at a unit price of $0.05.

Once the presale comes to an end, the raised funds will be used to promote the upcoming main ICO, scheduled for launch on October 26, 2017. In the main ICO, the price of each CASH token will be set to $0.5.

Cash Poker Pro has allocated a total of 8 million tokens for presale and another 60 million tokens for the main ICO. Those purchasing the tokens not only get to invest in a new blockchain project as one of the early supports but also make payments on the platform. The platform will also issue a share in its profits to token holders over time. Soon, they will be able to trade CASH tokens against other cryptocurrencies on some of the leading exchange platforms.

More information is available on Cash Poker Pro website.

Live Bitcoin News does not endorse this publication, not any of its members are associated with it. Readers are recommended to research on their own before making any investments in any company.

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