Community Contributions is one of the tools used in delivering a long-term strategy for our brand. But what is it all about?
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Community Contributions come in the form of a percentage of cash games and tournaments. These numbers are incredibly low for the individual player, but collectively contribute in our efforts to bring bigger community-centric promotions, overlays, and much more.
- Coin Poker is the newest poker room to arrive on the scene for U.S. Players, even though they cannot currently deposit or withdraw funds until the in-game currency hits a U.S. Serving cryptocurrency exchange. This poker room is built off of blockchain technology and uses a cryptocurrency named CHP as the main currency.
- TOLL FREE: 1.866.52.COINS. Log in / Register. Search this site.
- Coinpoker.com was developed as an online poker platform where all sorts of poker players regardless of their skills level and experience can converge under one community of poker players.
Learn more about how Community Contributions on CoinPoker works and what it means for players by clicking the link below.
Community Contributions Explained
Community Contributions on CoinPoker
Since starting in 2017, CoinPoker has been operating as a commission-free platform in order to encourage users to test and try crypto poker. In order to continue to progress and deliver value to the community, CoinPoker will introduce low community contribution rates to cash and tournament tables.Traditional poker rooms both online and brick and mortar sustain themselves with revenue from table commissions. While keeping CoinPoker low-cost and easy-to-access for everyone is still a priority, growing and delivering more value is also the key to moving forward. Community contributions make value-driving activities like token burning possible and deliver the means to attract potential partners and advertisers as we continue to scale.
There is no commercial incentive behind this, and all contributions are reinvested into CoinPoker with the aim of continuing to build a thriving community.
100% Returned to Players
Community contributions have been a part of our roadmap since CoinPoker’s ICO stage, and while our plans have evolved and adjusted over time, the overall goal remains the same. All of the funds collected in community contributions will be returned to the community in the form of community-centric promotional activities, partnerships, and more. A small part of community contributions will also be used to cover the administrative expenses as well.
Community contributions on cash games are currently set at 3%, while tournament contributions are set at 7%, CC for OFC games is 2% and CC for Cosmic Spins is 5%. These figures are subject to change depending on community feedback, which will be monitored closely.
The Growth Opportunities Community Contributions Represent
Having contributions from the community is a big move, yet CoinPoker will still have one of the lowest collection policies on the planet as far as online poker rooms go.
In addition to delivering community incentives in the form of a better gaming experience and higher token value for investors, community contributions can also be put towards attracting more partners and advertisers, which is also an essential part of building a thriving community. These campaigns would be geared towards incentivizing advertisers and influencers to promote CoinPoker and help us spread our vision of crypto poker to all corners of the world.
Do you miss exploring? Reaching new heights? Lucky you, CoinPoker was hit hard by the Cosmic Spins! These bad boys will kick you off to the space full of adventures, aliens and at least 2x the buy-in prize pools. And that’s the least they can get you. So now, do you want to know how high you can really go?
Cosmic spins can get you to the heights that are rarely possible in a poker game. And by that we mean prize pools up to 1,000 times your initial buy-in. Now that we’ve got you intrigued, let’s move on to the details.
The game is available in CoinPoker lobby. Once you open the Cosmic Spins tab, choose the buy-in, count of the tables and wait for two more players to do the same. When all of you are registered the Cosmic reel is ready to do the job! Watch it spin the prize pool and the game begins!
Fan of Texas Holdem? Good, because we’ll start with this game and later on we’ll be adding other options such as Pot Limit Omaha.
We feel you might be curious about your chances with Cosmic Spins, so we’ve got this covered and broken down to numbers in CoinPoker Blog post here.
Coinpoker Com
Crypto Poker
Terms & ConditionsUsing Bitcoin For Online Poker
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- Multipliers 2-20 reward the winner only. Multipliers 50-1,000 reward 80% of the prize pool to the winner and 10% to places 2nd and 3rd each.
- Operator reserves the right to adjust all the variables at it's on discretion.
- 5% rake applies at all stakes.