Bitnplay Bitcoin Poker Site To Debut

Bitnplay is a new European Bitcoin site, hoping to make a splash in the fledgling e-currency poker market when it goes live on February 1.

Bitnplay offers a way for players to avoid the standard issues with funding online gaming accounts, a typical plus of going with a Bitcoin-powered site.

And like any emerging poker site, Bitnplay is hoping to use a few unique hooks to draw in players.

Safeguarding Funds- Using the increasingly popular Bitcoin as the primary form of funding allows Bitnplay to help players feel at ease when handling their money. Though the site will need to prove itself with good software and fun poker experiences, interested players will likely appreciate the fact that no money is deposited on the actual Bitnplay site itself.

Buy-ins for tournaments are made directly from the player’s Bitcoin e-wallets, with the winnings sent directly back to the those wallets as well. Not having to deposit or fund through a cashier at Bitnplay should put players at ease when wondering how secure their money will be.

Investment Opportunity -Being a startup, Bitnplay is attempting to grow a pool of investors using what’s called Bitnpartners. Intended as a kind of crowdfunding method, Bitnplay is offering 200 “partner tokens” available for purchase. One token is available for two Bitcoins each, setting the current value at around $630. As of this writing, only one token has been sold, but if all are purchased, Bitnplay could generate around $125,000 in seed money.

Any player or would-be investor holding the token will then receive 100 percent rakeback on Bitnplay for life. The partner tokens are generally free from restrictions. Though they can only be associated with one account at a time, the tokens can be traded or sold. One person could own multiple tokens spread across different accounts or even trade tokens with a small group of friends.