Coinpoker is a poker room based on blockchain technology, which brings great benefits to both players and the currency circle. We have introduced a new currency, CHP ("chip", which means "chip"). The currency is used in the game to ensure the safety of virtual assets and ensure that players can play comfortably.

1. CHP Token

CHP (Chip) is an ERC-20 token that is used on CoinPoker for all betting and payments made with your account. It is essentially a cryptocurrency that can be purchased on many exchanges and kept in ERC-20 compatible wallets.
One of the main advantages of CoinPoker over traditional platforms is that it eliminates the lack of transparency in traditional poker room transactions and simplifies deposits and withdrawals.
Traditional poker rooms have lengthy and arcane deposit and withdrawal procedures where players cannot verify or check that transactions are in progress.
The use of ETH smart contracts makes CHP transfers public, as long as you have your own public address (or anyone else's address), you can track and verify whether the payment was made.

2. Project Features

1. Get it immediately
No matter where you are in the world, you can get CHP based on Ethereum. Under the protection of smart contract technology, recharge and withdrawal can be credited within seconds.

2. Openness and transparency
The random number generator (RNG) ensures the randomness of each poker room shuffling and improves the integrity of the game. The random number generator is based on the blockchain and can be checked by everyone, ensuring the transparency of the game.

3. Privacy protection
Smart contracts can ensure the anonymity and security of coin holders. After consulting with lawyers around the world, we streamlined the registration process as much as possible to avoid obtaining unnecessary personal information from users.

4. Fair distribution
15% of the funds raised by the ICO will be given back to the community in the form of promotional activities and bonus distribution. The first stage of the tournament series has an additional prize pool, and players can easily win millions of CHP through superb game skills.

5. Fair play
CoinPoker's fair play security and anti-fraud system will monitor user behavior and control user input. With this system, any unfair player manipulation and procedurally unfair competition will be identified and eliminated.

(The above information is from Coinpoker official website)

Related links:
https://blog.coinpoker.com/faq-what-is-chp/