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1  Economy / Gambling / Bitnplay | A new age for poker on: December 27, 2014, 10:30:13 PM

Introduction

Bitnplay is a new and innovative Bitcoin only poker platform. We harness the potential of Blockchain technology to bring a refreshing implementation of poker to the crypto space.

Designed by players, Bitnplay’s software was built in-house to be lean and simple, keeping everything essential for a complete gaming experience.

Our mission is to offer a fair, secure and transparent global environment, where poker and Bitcoin will combine to create an unprecedented gaming experience.

We proudly invite you to the new age for poker.


Trust: Bitnplay’s Payment System

We eliminate the trust issues with existing cryptocurrency poker sites, by not storing any player funds, other than the games’ prize-pools until their completion. Our custom-made payment system processes buy-ins directly from any Bitcoin wallet. Each player is prompted to make a zero-confirmation payment that will buy him into the game of his choice. When the tournament is completed, winnings will be immediately distributed to the player’s designated payout wallet.

Receive your winnings immediately - without worrying about the safeguarding of your bankroll.

Collusion and Underage Gambling

Integrity and responsible gaming is the cornerstone of our mission. We have partnered up with online verification pioneer, Veridu, to offer the highest standards among crypto-gaming operators. Specifically, we will be using players’ online footprint for the age-verification and fraud detection purposes. Users will have to verify their account by logging-in via accounts such as Facebook, Twitter, PayPal, Amazon or Google in order to make sure that the player doesn’t have multiple Bitnplay accounts and is of legal age.

Bitnplay will maintain a strict policy against attempts to collude and exploit other players and by using industry standard collusion-detection mechanisms alongside with the aforementioned Social verification in order to offer the most transparent and trustworthy games.

Rake

With Bitcoin, we circumvent middlemen that charge a considerable amount for payment services and eliminate any chargeback risks. Moreover, because we have an in-house payment system, we also avoid the charges of third-party Bitcoin processors. We are thus able to offer substantially cheaper rake for our games, at around half the prices charged by traditional Poker operators.

Available games

SnG: Right after our launch on the 1st of February a big variety of Sit and Go tournaments will be available.

MTTs: Following the launch, we will introduce new weekly tournaments and their prize pools until our weekly schedule is formed.

Ring games: Within a short period after the launch we will begin to offer cash games, supported by our payment system for instant buy-ins and cash-outs.

Freeroll: Play for a lifetime of 100% Rakeback

We invite you to take part in our first Freeroll tournament, with the unique prize of a Partner Token which gives you the right for a lifetime of 100% Rakeback. These tokens can be bought today for 2 Bitcoin. This thread is created for discussion for matters relating to the game. To find out more about the Partner Tokens and for discussion relating to them, please use the relevant thread.
2  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN] Bitnplay Partner Tokens | Crowdsale on Counterparty | Be a partner on: December 27, 2014, 10:19:21 PM

Partner Tokens

Introduction

We’re proud to offer the most innovative online poker product yet, in the form of Bitcoin 2.0 technology. Bitnplay offers the opportunity for any user to buy one of 200 unique digital tokens, on Counterparty.

These tokens offer the rights to 100% rakeback on one Bitnplay account for a lifetime. They cost 2 BTC each to buy and they can be traded at any time through Counterparty’s Decentralized Exchange (or otherwise).

Please read the Partner’s Manifesto for a detailed description.

What is Bitnplay?

Bitnplay is a new and innovative Bitcoin poker operation. See the relevant thread.

This thread is dedicated to the crowd-sale of our Partner Tokens and will be used to offer support and answer questions regarding this. For questions regarding the gaming platform please see the dedicated thread above.

Furthermore, you can find more specific details regarding Bitnplay and its people in the Manifesto. This includes details regarding the use of proceeds from the crowd-sale.

Details

  • We have issued only 200 unique tokens
  • Each token will have a unique name in the form a serial number, e.g. BNPXX
  • Each token costs 2 BTC
  • When paired with a Bitnplay account, all revenue deriving from rake (the operator’s service fee) for that account will be paid to the token holder on a monthly basis

Buying a Partner Token

The crowd-sale is powered by what we feel is the simplest and most secure technology that fits our needs: Counterparty. This is done in combination with Vennd.io, the company that automates the crowd-sale in the form of a digital vending machine.

To buy a token:

     1. You need to create a Counterwallet
     2. From that wallet send 2 BTC to: 1BiTNPLaYht1KqAk6vGB9TrXA1tKLo2sb
     3. Within a couple of hours you will receive the token

Further info on buying:

  • Information on tokens, their availability and pairing status is available at Bitnpartners.eu
  • One can hold multiple Partner Tokens
  • Each time the above address receives 2 BTC, the “vending machine” will give out the next available token to the sending address
  • If the receiving address receives multiples of 2 BTC, it will send back the next available tokens, corresponding to that multiple

Pairing

  • To pair a Partner Token with an account please use the form on Bitnpartners.eu
  • You will be prompted to make a broadcast from Counterwallet to prove that you are the token-holder
  • To pair the token, both the token-holder and account-holder will be asked to give consent
  • The token-holder can un-pair the token without consent at any time

Trading

Any user on Counterwallet can access the Decentralized Exchange to place buy and sell orders for any token on the Counterparty Protocol. This also applies to Bitnplay’s Partner Tokens. Moreover, we are discussing with other, centralized exchanges, to further facilitate the trading of our Partner Tokens.

Support

Please feel free to use this forum for questions, complaints and (constructive) criticism regarding the crowd-sale. If you require a more personal form of communication please use our support email: support@bitnplay.eu

Thank you for becoming part of a genuinely useful application of Bitcoin 2.0 technology.


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