Poker players following the cryptocurrency revolution will soon have another option to combine their online poker and virtual currency investments. CoinPoker.com is launching the first stage of its Initial Coin Offering (ICO) on November 15.
The ICO will see 120 million CHP (known as CHIPS) tokens offered for sale. The CHIPS are part of the well known Ethereum cryptocurrency and can be exchanged for Ethereum at the initial exchange rate of 4000CHP=1ETH.
The first tranche of CHP comes with a 100% bonus offer at the poker room and the company hopes that “as liquidity grows, so will the coin (CHP) price.