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Virtue Poker

VPP

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Virtue Poker Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
MEXCVPP/USDT03.775.31370.060cex45/30/2025, 2:00 PM
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Virtue Poker FAQ

What is Virtue Poker?

Established in 2016, Virtue Poker is a company incubated by ConsenSys and supported by Pantera. It offers an open web-based poker platform enabling users worldwide to create personalized, token-gated poker games, tournaments, or clubs in under 60 seconds. Users can easily invite friends or community members to participate by sharing a simple web link.

Certainly, here is the revised text: --- **Key Features:** **1. Decentralized Platform:** Virtue Poker operates on a decentralized platform that ensures transparency and security by utilizing blockchain technology. This fosters a fair and trustworthy gaming environment. **2. Smart Contracts:** The use of smart contracts automates the execution of poker games, thereby eliminating any potential for third-party interference or manipulation. It guarantees that the rules are followed precisely and payouts are handled seamlessly. **3. Player Anonymity:** Emphasizing user privacy, Virtue Poker allows players to maintain their anonymity while participating in games. This enhances the security and comfort for users engaging in the platform. **4. Enhanced Security:** The platform leverages the security advantages of blockchain, providing protection against hacking and ensuring that funds and game integrity are safeguarded at all times. **5. Instant Payouts:** With the integration of blockchain technology, Virtue Poker facilitates instant payouts, reducing wait times typically associated with traditional platforms. **6. Low Fees:** The elimination of centralized entities reduces operational costs, which translates into lower fees for users interacting with the Virtue Poker platform. **7. Community Governance:** Virtue Poker incorporates a model of community governance, allowing stakeholders to have a voice in key decisions and the future development of the platform. For a comprehensive overview of the current market data regarding Virtue Poker, please refer to Eulerpool.

* Accessible on All Devices, No Download Required: Our web application, which is mobile-compatible, boasts a responsive design that ensures accessibility across all devices. * Simple Sign-up: Players can easily register by using an email/password combination or by connecting a wallet. * Cross-chain Compatible: Virtue Poker is chain-agnostic and currently supports: - L1: Ethereum, BSC Chain, Solana - L2: Polygon, Arbitrum, Optimism * Email Gating: Companies with a newsletter or email list can organize email-gated events by uploading a .csv file of their audience. * Add Multiple Wallet Addresses: A single message signing can associate a wallet with an account, eliminating the need to sign each time a user needs to verify NFT or token ownership. * Token-gated Clubs/Tournaments, Multi-address, and Multi-chain Compatible: Our platform enables the creation of token-gated clubs and tournaments via a web app, supporting any token or NFT. * Innovative Poker Clubs: Poker clubs are structured similarly to popular club apps such as Poker Bros or ClubGG, offering the convenience and seamless user experience of a leading "poker with friends" app like Poker Now. * Own Your Club or Tournament Webpage: Hosts can customize their tournament or club pages and share the links with friends or communities. New members can register and join directly. * Use Your NFT as Your Avatar: Our application scans all connected wallets, allowing users to represent their community by using any NFT as their avatar. * Form Unions Between Communities: Both our tournament and club software support multiple contract addresses, enabling the creation of crossover events with various NFT communities. Clubs can specify multiple contract addresses to join and select a single contract address to token-gate a VIP event. * Build Your Own Poker Lobby: Clubs can establish their own private poker lobby of cash tables and tournaments or make them public in a shared lobby.

Utility of the Token

The VPP token is a fundamental component of the Virtue Poker club on our platform. VPP can be: * Held or staked to gain entry to free poker tournaments * Burned to participate in poker tournaments * Utilized to purchase Poker Dog NFTs, which grant unlimited access to the Virtue Poker club and other affiliated clubs

Supporters (Venture Capitalists, Incubators, Integrations, etc.)

Virtue Poker, one of the earliest projects nurtured by Consensys shortly after the launch of Ethereum, remains one of the longest-standing initiatives in the blockchain technology sector. For detailed information, you can find Virtue Poker's profile on Eulerpool.

### Main Backers: **Notable Supporters:** Virtue Poker has garnered substantial backing from prominent figures and organizations within the blockchain community and the broader tech industry. - **Joseph Lubin:** Co-founder of Ethereum and the founder of ConsenSys, Lubin is one of the key supporters, providing both strategic guidance and financial backing. - **Pantera Capital:** A leading blockchain investment firm that has significantly invested in Virtue Poker, recognizing its potential to revolutionize online poker. - **Fenbushi Capital:** One of the first venture capital firms that focused exclusively on building blockchain-enabled companies, offering invaluable support to the Virtue Poker platform. - **Dune Ventures:** A firm dedicated to investing in cutting-edge technologies, has also extended its support to Virtue Poker. Virtue Poker's foundation and development are strengthened by the support of these influential partners, positioning the platform for significant growth within the online gaming industry. For accurate data regarding Virtue Poker, please refer to Eulerpool.

Virtue Poker is supported by prominent organizations and individuals in the crypto space, including Pantera Capital, Fenbushi Capital, and DFG Group. Additionally, it is backed by the Founder of Matic/Polygon and Jez San from FunFair. For more information and data on Virtue Poker, you can refer to Eulerpool.

Key Team Members:

Team Pro - Phil Ivey Phil Ivey holds an impressive 10 World Series of Poker (WSOP) bracelets and ranks as the sixth all-time top money-winner in WSOP history, with over $26 million in live earnings. He is also recognized as one of the leading online players, having accumulated over $10 million in winnings. Ivey has reached a record nine final tables in the World Poker Tour (WPT). From 2002 to 2009, he achieved the remarkable feat of placing in the Top 25 of the WSOP Main Event on four separate occasions. In 2017, Ivey was unanimously inducted into the WSOP Hall of Fame.

Technical Advisor:

Joseph Lubin is one of the co-founders of Ethereum and serves as the founder and CEO of ConsenSys, a leading global blockchain venture production studio. Website: [https://virtue.poker/](https://virtue.poker/)

Investors interested in Virtue Poker are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.