Chipstars has decided to introduce new and innovative ideas to enhance the overall ecosystem, including a new token and innovative staking system.
These new updates are poised to truly transform our project and take us a step further to drive player participation and involvement in our poker games.
We’re bringing in a brand new meme coin called the Shark Token to spice things up. It was designed to represent the strongest poker players (best known as Sharks) within the game - those who are most feared and well-respected.
It will serve as its own individual currency, and each player can participate in the ecosystem through farming Shark tokens. By playing poker on the Chipstars platform, users will earn a portion of the rake, which will be paid out in Shark tokens.
The value of Shark tokens is derived from the tokenomics - we’ll buy back tokens to provide rewards to users if there’s an overload of players on the platform.
More details on the Shark token metrics are below for reference:
The Shark token will coexist with $CHIPS, our platform’s native token that helps power the overall ecosystem. $CHIPS can be used for platform benefits, earning rewards, and articipating without playing poker.
Users will be able to receive rewards in Shark tokens through holding $CHIPS in their wallets, with no counterparty risk whatsoever. It’s a seamless and easy process that doesn’t require any extra effort other than simply holding the actual token.
Users will be able to receive rewards in Shark tokens through holding $CHIPS in their wallets, with no counterparty risk whatsoever. It’s a seamless and easy process that doesn’t require any extra effort other than simply holding the actual token.
More specific information will be released within the next week, so stay tuned!
Chipstars.bet is operated by Games & More B.V. registered under No. 149948 at, Hanchi Snoa 19, Trias Building, Curaçao. This website is licensed and regulated by GCB (Curacao Gaming Control Board) under the license No. OGL/2023/121/0086. The payment processor is Power Gaming Ltd (Company n: C77981) with the address at 64, Excalibur, B.Bontandini Street, Birkirkara - BKR 9037 - MaltaIn order to register for this website, the user is required to accept the General Terms and Conditions. In the event the General Terms & Conditions are updated, existing users may choose to discontinue using the products and services before the said update shall become effective, which is a minimum of two weeks after it has been announced.