InPoker officially launches on 8 June, becomes the second legally licensed crypto poker-only platform

InPoker
3 min readMay 27, 2022

InPoker project continues to gain momentum as the platform is now officially licensed to conduct online gaming operations using cryptocurrency. The license approval gives the green light to many planned features that couldn’t be realised until today due to legal constraints and we would like to tell you about all the news we have in store for the major 8 June 2022 InPoker platform update.

One of the main advantages of the gambling license lies in the financial aspect. It is with great joy that we announce the launch of the long-awaited instant Deposits and Withdrawals. The features add exciting dimensions to online gaming as they provide players with more freedom to choose from a wider range of action-packed poker games with low or high stakes and more lucrative rewards.

InPoker proudly introduces the new rakeback mechanism. The platform offers rakeback in the form of a reward system where every user is automatically a part of it. In a continuous effort to add more utility to the Elite NFT and increase its attractiveness, NFT holders will enjoy higher rakeback rates, however both regular and Elite users will have the option to increase the rates by staking INP token, NFT or both together. Rakeback system contributes greatly to the INP token utility and drives the demand for it. The option to stake INP and increase the rakeback rate will become available to all users starting on 2nd June 2022. Besides the obvious benefits, users will also enjoy a modest interest rate on their staked amount.

With so many obvious and under-the-hood changes happening within a short timeframe, we thought it’s important that our users experience the sheer magnitude of the arrival of the official launch. Therefore, we introduce the restyled InPoker platform and website alongside our new updated logo! We invite you to visit our updated redesigned website inpoker.app

InPoker also launches the Affiliate Program which gives agents the opportunity to earn on our platform for introducing new players to a safe and ultra-modern online poker environment. The onboarding only requires answering a simple questionnaire and the program is available to everyone who wants to get additional income. InPoker provides all registered participants with an access to a personal dashboard to keep track of all the users and earnings.

We continuously gather feedback from our users and analyse each individual request in order to improve the user experience for everyone, making InPoker not only look more professional, but also ensure ease of use. Official launch also brings the desktop and mobile apps that offer convenience and greater user experience. Desktop app will be available immediately on the day of the official launch whereas the mobile version will be released by the 17th of June..The client app will provide users with an enhanced gaming and especially the multi-table experience.

InPoker periodically repurchases and burns native INP tokens in order to strengthen the token’s position. The team has recently conducted the second buyback exercise, having bought back and burned 16883588 INP. As the company grows, it will witness additional budget allocations for future buybacks. InPoker has also burned a total of 27083333 INP tokens from the game reserve & ecosystem mining that accumulated due to the fact that the project was not fully launched. The exercise reduced our token supply to 939466387 INP.

In order to ensure full transparency, the transactions can be viewed at:

BuyBack:

https://bscscan.com/tx/0x92a4d34da07214797b01a1ec82d0b122484be32f9a5519eb1ccedb2f82ae5e7b

https://bscscan.com/tx/0x7de34848e056e49b18cf5ee29d7da565e1bc7b9c5bd26d918434d315222ea7cb

https://bscscan.com/tx/0x9a2d6f8d143db3337c2d34c2aebc222836f8195a88f86cc0d46ddb2729fae115

https://bscscan.com/tx/0xe61671c6e0b321a98dea2ae338c39849c48c608e197a113e726c6e2ce74bd721

https://bscscan.com/tx/0xd94d3629f0289d5b5522b5c163182d5031edbe871c23c6937597b35b60c7dc55

https://bscscan.com/tx/0xee8ff6666155b4eaafd98f6616252cf4e75b5e16e0779194cb7217ce3e0944b1

https://bscscan.com/tx/0x036aebbffcea620e11b80b8272ac9fa5e089a01edbd988f003e2ad1af9cfd155

https://bscscan.com/tx/0xf8358950c1aa9a241845e5e087a8e3bbd36d5fba0d2fd42f3056295a6146a81e

https://bscscan.com/tx/0x2cd4b6c9da9c9fbcf8b62288aae3ab79c50c423355649ac33223e5712064312c

https://bscscan.com/tx/0x44e0e9537db97dd169928be96556eb528d156ec7b07107ad7c973105b71d34ab

https://bscscan.com/tx/0x083e2983402f78ebc045312c119e281c08a4ba0978eda300b13fbda6962488b0

https://bscscan.com/tx/0xfe6bcb79e11e7521a3ac0dbf9e4023daac737b9719bb3580c91e05c20aeb324f

https://bscscan.com/tx/0x117151e5fcf4c2cd6b7d27c77de1ade8425f71d4063a0f829c123b9761d7db5c

https://bscscan.com/tx/0x083e2983402f78ebc045312c119e281c08a4ba0978eda300b13fbda6962488b0

Burn:

https://bscscan.com/tx/0x2345a5e9856abf4e7d3d8f6fd3865051f53784c376766aec5e00bd33ec440151

https://bscscan.com/tx/0xac4db903c6c5aadd6a6b6b33e95950893fb4b6dc2579633b7c0e6f6a7299d77a

https://bscscan.com/tx/0x26fffa0f0e09ea49e46bb720547d4ffe7fe7e87a358681c3efe134042a251701

In the world of digital assets, buyback and burn exercises offer an effective control mechanism over a volatile cryptocurrency market, ensure price stability and a continuous price growth pattern by creating scarcity for INP. More interest in the crypto space will lead to steady growth in the token’s ecosystem.

Stay tuned for more exciting developments on inpoker.app

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