As more and more tech-savvy poker fans and more and more mobile-based platforms, the Poker Online market is expanding rapidly. The size of the online gambling industry is expected to reach USD 51.96 billion dollars by 2018, and online poker is a big part of the online game. The market is expected to reach USD 59.79 billion dollars by 2020.
Half a decade ago, the online poker industry is experiencing some slowdown due to regulatory control, but after efforts are made by online poker rooms to increase transparency and Fair Play, more and more gamers are encouraged to play online. There are also certain legislative reforms that make online poker more organized and appealing to the players.
A report published by Global Industry Analyst, Inc. in 2014 said, 'Poker is one of the most popular games, played by gamers for more than two centuries. Online Poker, despite being a relatively new game concept, also attracts players around the world for ease of play and comfort. 'Ease of play, convenience and security of funds are the main factors that determine the success of any Online Poker room.
With the provisions available in the market, many gamers from different regions, including Canada, US, Asia (including India and China), Latin America, Europe and Australia join the market. Because online payments and funds transfers become available to users in different regions and as access to the internet and mobile devices is on the rise, the online poker market is set to see another wave.
Historically, there are problems that annoy online gamers. The poker room is constrained by issues such as poker room scandals, transparency issues, and lack of security. Cheating control of poker accounts has a negative impact on gamers' trust.
There are strict rules that apply in some parts of the world and often, rigid payment service providers affect the available liquidity in the market, which is rearranged to the dynamics of the poker room, globally. Falling in the number of players or in their liquidity in forbidden areas tends to have a ripple effect throughout the market as well.
By utilizing blockchain technology, Cryptonia will solve all the problems of transparency, security, and liquidity. First, Token Cryptonia will replace the fiat currency in the online poker platform. Ethereal-based tokens will be available in popular crypto exchange to ensure that it retains its value. In addition, it can be accessed universally, quickly and efficiently.
Thanks to blockchain technology, online poker will be completely fair. Today, bad individuals cheat casino software to cheat gamblers of their money. Blockchain technology is notorious for its infinity, and therefore will make the process of generating fair numbers for all parties. Cryptonia poker will not ask for personal information from gamers. In addition to simplifying the registration process, this reduces the vulnerability of gamblers by upholding their anonymity.
The Cryptonia ecosystem will use smart contracts to validate all transactions. Smart contracts increase efficiency and trust, and make operations extremely cost-effective. Also, transactions will be traceable, as they are stored in the blockchain ledger.
Cryptonia powering software combines the leading security features that are able to detect and prevent fraudulent activities. In addition, the system will have CAPTCHA to eliminate the possibility of having robot users. Cryptonia poker retains the anonymity of gamers. We do not collect unnecessary data at registration, simplify the entire process, and eliminate the risk of exposing users to undue attention.
The goal of Cryptonia Poke is to maximize our game player earnings. Of the total tokens available in the system, ten percent is provided to encourage more players to play and to maintain liquidity in the poker room. This is done by attracting players through higher tournament guarantees, leaderboards and freerolls. It will also bring in new players, adding to the overall value of the currency and therefore the currency owned by the Players.
In addition, thirty-five percent of the rakes we collect each month will be redistributed to players in the form of bonuses and tournament pool improvements to improve liquidity. This will be done transparently and fairly to encourage recreational gamers.
The Cryptonia Poker team will invest time, money and effort in promoting platforms across various networks, so that more people join the poker room or sue Cryptonia, which will increase the value of the currency, thus benefiting the holders of the currency. We will encourage participants to choose the type of event to be held, so that there is greater participation and interest. Influencer and platform promoters will be rewarded in points for spreading the news to other online players.
Cryptonia Poker comes in the form of a digital currency named CPC. The CPC token will go on sale from May 1, 2018 to 1 July 2018, at a price of 5,800 CPC equivalent to 1 ETH. The token purchase itself can be done with foreign currency such as BTC, ETH and FIAT. Do not forget, get also purchase bonuses at certain time period.
Cryptonia Poker itself is the result of teamwork established at the same time led by Lakshay Ananddan, Tim Cryptonia Poker is an amazing mixture of Cryptocurrency fans and poker lovers. They know how to combine business with fun, and they put their heart and soul to create a fun platform and generate value for online gamers.
Cryptonia has been designed and manufactured by a team of highly experienced technology experts. Team members bring together expertise that gives them an in-depth understanding of the challenges many crypto companies face including legal, regulatory and compliance issues.
So that' s all our ICO project review for this time, hopefully can increase your knowledge in choosing the best project ICO to you invest. If you are interested in joining this project, or intend to buy a token in the sale. You can visit their official website and page below:
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