Introduction
Last updated
Last updated
Poker is a game that unites people from all walks of life, offering a fun way to make new friends, form relationships, and build communities. However, the darker side of poker involves substantial financial stakes, leading to awkward or uncomfortable situations related to credit and settlements. These complexities often require deep accounting proficiency, which can hinder communities from hosting "casual" poker games focused on social experiences.
CCPG is an online poker platform with a smart contract integration that enhances the social aspect of playing with friends. Our goal is to make online poker the enjoyable pastime it should be—a great way to connect with interesting people. By leveraging on-chain settlements, CCP allows hosts to focus more on building their communities rather than managing complex financial books, while effectively mitigating counterparty risks associated with players delaying or avoiding payments.
Traditionally, single-game hosts act as the sole settlement facilitators, increasing counterparty risk while collecting hefty fees that burden the player base. CCP revolutionizes this model by redistributing those fees back to the players who invite their friends to the game. In the early stages of our product, the democratized rake function reserves up to 50% profits for game agents, incentivizing them to invite more players to ongoing games, while our platform facilitates a hassle-free gaming experience that maximizes enjoyment for everyone involved. At the end of each game, rake and in-game earnings are paid out through the smart contract.