5. The New CoinPoker Token

The CoinPoker Token

At CoinPoker we’re about to raise the blinds and take our poker client to the next level by introducing CPT, our new rewards token. CPT comes with upgraded utility and enhanced holder benefits. All presale participants will also receive free entry into a $1 million jackpot poker tournament, hosted by CoinPoker.

CPT will be the new currency of the CoinPoker economy and grants holders unique benefits such as Stake-to-Rake and Stream-to-Earn rewards, as well as access to exclusive playing bonuses and promotional offers that can’t be matched anywhere else.

What happens to CHP?

The legacy CHP token is being replaced by CPT, but still has limited use. To gradually phase it out while accommodating original holders, CHP will retain its platform utility but no longer be used for payouts. Instead, all CHP played on the platform will be burnt to reduce the circulating supply.

New CPT Presale

The CPT presale will be hosted on www.coinpokertoken.com with tokens available for early purchase via a simple-to-use widget, powered by Web3Payments.

Buyers simply have to connect their decentralized crypto wallet to the site and swap either SOL, ETH, BSC, Matic, AVAX, Base, USDT or USDC for CPT tokens. Bank card payments are also accepted, as long as an Ethereum crypto wallet address is also provided.

Purchase balances will be viewable on the buy widget and tokens will become claimable once the presale has concluded. The presale will run for a number of months, or until sold out. The new CPT token will be deployed on Polygon, Ethereum, and Solana chains, leveraging Portal Bridge's Wormhole technology to bridge tokens between chains.