The upcoming debut of Virtue Poker, a blockchain-based peer-to-peer poker program on the Binance Smart Chain, has sparked a lot of excitement among crypto gamers. It will be the first licensed, multi-chain interoperable poker platform to use blockchain technology once it is launched.
The Virtue Poker Platform’s Evolution
The platform began as a decentralized peer-to-peer poker network built on the Ethereum blockchain in 2016. It was created by Consensys and backed by some other companies, including DFG Group, Digital Strategies, Fenbushi Capital, Flurry Capital, JRR, Pantera Capital others, and Phil Ivey. It all began with the goal of providing a secure, fair, and enjoyable gaming experience.
It gradually got a license from the Malta Gaming Authority. It became regulated as a platform that provides provably fair poker on the blockchain without ever taking possession of the participants’ funds.
It completed its IDO on SuperStarter after raising $5 million in a successful fundraising round in April. On May 28th, the site was officially opened for real money for the first time.
The Binance Smart Chain is now operational
Virtue Poker will allow customers to deposit funds in either BUSD or VPP whenever it starts on the BSC. The platform will award 100 BNB tokens to the first 100 participants who deposit 1000 VPP through their BSC contract. After that, the user’s funds will be transferred to a wallet on the Virtue Poker sidechain. Users, on the other hand, will retain control over their funds.
On PancakeSwap, it will list BEP-20 $VPP tokens, as well as its LP rewards programs on Uniswap and PancakeSwap. As a result, LPs will receive 600,000 tokens on Pancake Swap and 400,000 tokens on Uniswap out of the first 1,000,000 VPP tokens.
Virtue Poker’s CEO, Ryan Gittleson, believes the platform has the potential to become the go-to destination for blockchain-based wagering. Furthermore, he believes that launching it on BSC will hasten the evolution by allowing a whole new audience of crypto-enthusiast poker players to deposit, wager, and play with more ease.
From now until July 15th, players may start participating and earning their share of over $500,000 in guaranteed prizes simply by installing and playing on the app.