YELLOW PAPER Patent Granted - Polker.Game
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UPDATED MARCH 2021 YELLOW PAPER Patent Granted
TABLE OF
CONTENTS
Abstract 3 Token Economics 28
Token Distribution 29
Background 4
Token Vesting 29
Online Casinos Create a New Experience 4
Uncontested Industry Growth 4 Roadmap 30
Growth Has Encouraged Fraud 5
Disclaimer 31
The Advent of Blockchain in Online Casinos 6
Buyer Exclusion Criteria 32
Blockchain Casinos Force Token Usage 7
Participant Warning 32
Random Number Generators 8
Prominent Statements 32
Solution 9 Future Statements 32
Multi-Crypto Gameplay 11 Value Risks 33
Stablecoin vs Fiat Support 12 Gambling Risks 33
Single Coin Tables 13
Additional Blockchain Casino Games 13
NFT Collection Games 13
Technology 14
Our Smart Contract Methodology 15
PKR Smart Contract Architecture 16
PKR Architecture 17
Implementing True Random Number Generation 18
Revenue Model 20
Rake and Fees 21
Rake and Rakeback Model 22
Engagement Model 23
Referral Programs 24
Tournaments 24
PKR Tokens Functionality 25
Fee Discounts 26
Rakeback Bonus and VIP Stakes 27
POLKER
ABSTRACT
The online gambling and gaming
market has seen exponential growth
over the last several years, expecting
to top $127 billion in revenue by 2027.
Yet, this growth has also come with its own significant success1 and are
challenges, such as fraud, dubious withdrawal poised to usher a new era of
policies and cheating by both the house and provably-fair gameplay.
its players. For years, players sought trusted
sites, referencing third-party websites solely Polker (PKR) seeks to address the challenges of
dedicated to reviewing and rating the fairness and provably fair gameplay, limited token support,
trustworthiness of online casinos. But without a and wider acceptance and appeal to the both the
way to prove fairness of gameplay, players were cryptocurrency industry and the overall online
left to chance, with their funds at risk. gambling industry by offering a patent-pending,
blockchain-based, provably fair, online casino
The advent of blockchain technology has presented with no house edge. PKR will allow players
a potential solve to many of these issues, and to bet, simultaneously in dozens of supported
yet poses its own challenges such as limits in cryptocurrencies with the option to convert any
the diversity of token support, and the difficulty their holdings or winnings to any of our dozens of
associated with setting up plug-ins, extensions, supported cryptocurrencies through the use of our
wallets and other ancillary software. Despite these uniquely integrated backend1.
challenges, blockchain-based casinos have seen
1 Betting dApp TronBet Records $41 Million Weekly Volume, Set for $36 Million Year-End Profit
https://cryptoslate.com/betting-dapp-tronbet-records-41-million-weekly-volume-set-for-36-million-year-end-profit/, S. Malwa, 2019
www.polker.io
Copyright © 2021 Polker. All Rights Reserved. 3
BACKGROUND
POLKER
ONLINE CASINOS
CREATE A NEW
EXPERIENCE
The first online casino, InterCasino made its debut or Atlantic City, it has brought unrestricted access
in 1996. It offered 18 games to U.S. players that and the ability to play anytime from the comfort of
connected on dial-up modems. For the first time, their own home. The market has signaled support
players around the world could connect, play each towards this revolution, with online gambling
other anonymously in games of chance and skill, steadily gaining market share from just 3% in 2009
and enjoy this experience from the comfort of their to 12.5%2-3, of the total estimated worldwide gross
own home. For those who did not have convenient gaming yields (GGY) in 2018.
access to gambling centers like Las Vegas, Macau
UNCONTESTED
INDUSTRY GROWTH
Since then, the industry has grown exponentially, and payments accessibility has fueled the explosive
generating some $52 billion in revenue in 2018, growth in online gaming over the past decade-and-
alone. It has grown by 10% each year for the past a-half. However, as impressive as this growth is,
decade. The industry best estimates are that the the potential for the market has yet to be realized.
pace of growth will continue and by 2027, will Today, there exists a number of known issues
top USD 127 billion. To put this in perspective, with gambling online, one in which fair play is
the top three banking institutions in the world challenged, and users aren’t always getting the full
generated USD 68.5 billion in 2018, off of USD 7 payout of their winnings.
trillion in assets. No doubt, the surge in internet
2 Size of the online gambling market from 2009 to 2020 (in billion U.S. dollars),
https://www.statista.com/statistics/270728/market-volume-of-online-gaming-worldwide/, Statista, 2018
3 Global gaming market gross gaming yield (GGY) from 2001 to 2019 (in billion U.S. dollars),
https://www.statista.com/statistics/253416/global-gambling-market-gross-win/, Statista, 2018
www.polker.io
Copyright © 2021 Polker. All Rights Reserved. 4
BACKGROUND
POLKER
GROWTH HAS
ENCOURAGED FRAUD
However, this explosive growth in the market has and conditions of each casino, are victims of arbitrary
brought upon its own challenges in the form of policies that favor the casino. Unfortunately, in
fraudulent sites, unfair gameplay, rigged betting, this case, the player had little recourse to claim the
and dubious internal policies that make withdrawals unpaid funds.
of winnings difficult or sometimes impossible.
Consumers are left with little legal recourse as these In another well-cited example, online casino,
companies are based in remote corners of the world. Absolute Poker bilked some USD 20 million5 from
To this point, few technology solutions have been players in an elaborate cheating scandal that
made available that have provided us with the ability involved the owner of the site itself. When a player
to audit and confirm fair play. suspected the site of cheating, he requested a copy
of his hand histories, but instead received a data file
Sites like the Wizard of Odds list over 130 casinos that contained every single player’s hand histories, IP
on their “blacklist” citing irregular play, unfair addresses, and table observations. With the help of
practices, or shorting customers on their winnings. the gambling community, they were collectively able
The Pogg, another site that tracks irregularities to detect unusual “all-in” bets from a player with a
with online casinos, lists 64 casinos on its blacklist particular poor performance and winning history, that
and over 1,800 complaints filed by players. In one ended up netting that player significant earnings.6
example, an online casino called “Las Vegas USA”
forfeited over $8,400 of a player’s winnings as a While some sites claim to be provably fair, the nature
result of an arbitrary, “account dormancy” policy, of of software means that settings can be changed
which it defined as “no activity within 180 days.”4 on the fly without knowledge of the player. The
As a deliberate tactic, the casino slowly paid out the temptation to stack the cards in the house’s favor
player’s winnings, such that only 60% would be paid is usually too great to pass up, especially when
out in the 180-day window of time, knowing that is detection is difficult. While this behavior is illegal in
was unlikely that the player would return after such many jurisdictions, recourse for the players is rarely
a large win, and thus automatically triggering the an option.
account dormancy policy in favor of the casino. Most
players, not always familiar with the unique terms
4 Casino Complaints, https://thepogg.com/all-complaints/
5 Timeline: Catching the Cheaters,
http://www.washingtonpost.com/wp-srv/investigations/poker/time-scam.html, The Washington Post, 2018
6 The Absolute Poker Cheating Scandal Blown Wide Open,
http://freakonomics.com/2007/10/17/the-absolute-poker-cheating-scandal-blown-wide-open/, S. D. Levitt, 2007
www.polker.io
Copyright © 2021 Polker. All Rights Reserved. 5
BACKGROUND
POLKER
THE ADVENT
OF BLOCKCHAIN IN
ONLINE CASINOS
With the advent of blockchain technology in the past the supplied seed to verify a match, proving that no
decade, the online casino benefited from nascent malfeasance in game play occurred.
technologies that would, for the first time in an era, Blockchain casinos, unfortunately, are not without
allow for true, provably fair gameplay. Provably their own problems. Early implementations,
fair gameplay is defined as an online game that while engineered to use the immutable nature of
has a mechanism in place that allows players to blockchain technology, were limited by the maximum
confirm the fairness of the game process. Usually, throughput of the networks they ran on. Some of the
with blockchain, this means utilizing the public first provably fair gaming protocols, like FunFair, were
and immutable nature of the technology to post built on Ethereum8, a network that averages between
a transaction history for later audit, or making 10-15 transactions per second9 (compare this with
the game engine code open-source so that it can a network like Visa which regularly processes
be audited by the public. With the public and
7
1,700 tps10), causing significant transaction latency,
immutable nature of distributed ledger technologies, especially during peak loads. Network fees also
transactions, bets, and hands can be inputted made these protocols expensive to run.
onto a ledger that is sufficiently distributed and
decentralized, removing the need for trust in a central Despite these performance problems, blockchain
gaming authority, website, or brand. casinos, if engineered correctly, are still the closest
thing to “fair” that an online gambler will ever
In 2012, the first provably fair blockchain casino, experience, and more recent distributed ledger
Satoshi Dice was created. By posting the seed’s hash, technologies are enabling faster transaction
users were able to compare the end hash value with throughput.
7 Provably Fair Games, Explained, https://cointelegraph.com/explained/provably-fair-games-explained, Cointelegraph, 2017
8 Funfair token presale raises $26 million in 4 hours,
https://funfair.io/funfair-token-presale-raises-26-million-in-4-hours/, FunFair Technologies, 2017
9 Blockchain speeds & the scalability debate,
https://blocksplain.com/2018/02/28/transaction-speeds/, Blocksplain.com, 2018
10 No, Visa Doesn’t Handle 24,000 TPS and Neither Does Your Pet Blockchain,
https://news.bitcoin.com/no-visa-doesnt-handle-24000-tps-and-neither-does-your-pet-blockchain/, Bitcoin.com, 2018
www.polker.io
Copyright © 2021 Polker. All Rights Reserved. 6
BACKGROUND
POLKER
BLOCKCHAIN CASINOS
FORCE TOKEN USAGE
However, current blockchain-based gambling sites significantly hampering the growth and potential of
present their own problems. While not specifically blockchain-based games of chance. Currently, would-
required to do so, many support just a single be players are required to convert the diversity of
digital currency, with even the most well-known their cryptocurrency holdings into one or more of the
cryptocurrencies being supported by just a limited standard supported currencies being supported by a
few casinos. Most of these early entrants tout number of blockchain casinos.
their blockchain technology, but in essence, were
no different from other online casinos, except that Most blockchain casinos even require that their
they accepted bitcoin or another cryptocurrency native token be used as the sole and exclusive
instead of fiat. These were not provably fair as the currency on their platform, further limiting betting
use of blockchain was limited to the acceptance of options for players. While blockchain-based casinos
cryptocurrency and did not leverage Smart Contracts are paving the way for verifiable and provably fair
or the principles of immutability in distributed ledger game play, limitations of currency support are
technologies to this effect. We believe this limit is severely limiting their total potential.
Platform Name Currencies Provably Fair Multi-Coin Betting Blockchain Tech Launched
BTC, ETH, BCH, LTC,
Bitcoin Casino No
DOGE
EOSBet EOS Token Yes
MECA Coin, MECA
MecaCoin Yes
Chip
Edgeless EDG Token Yes
CasinoFair FUN token Yes
CoinPoker CHP Token Yes
Virtue Poker ETH Yes
Initially 7, up to a
Polker Yes
hundred or more
Fig. 1 – a comparison of various blockchain casino sites and their features
Based on what we know, there are many recent fair gameplay, combined with exclusive use of a
entrants into this space, however, the space is still native token, versus the expansion of cryptocurrency
highly fragmented, with most newcomers focusing support and usage in the space as whole.
on the use of blockchain technology for provably
www.polker.io
Copyright © 2021 Polker. All Rights Reserved. 7
BACKGROUND
POLKER
RANDOM NUMBER
GENERATORS
Random number generators (RNG) are essential a set of variables. The algorithm is fixed. This is
to all software-based casinos. Whether it’s the what makes PRNG’s hackable.11 If someone knew
randomness of cards dealt, or dice rolled, they are what seed numbers and algorithms were used in an
the source of the randomness necessary to ensure online casino, they could use that information to
fair play. RNG’s assure that online casinos do not cheat. Indeed, this has happened in the past.12
generate hands or rolls based on pre-programmed
values, which would allow a casino to cheat by Blockchain technology has, in part, alleviated some
enabling it to pre-determine the outcome of each of the prior challenges of implementing a true
round of play. By deriving live game play results on random number generation scheme, however this
randomness, the idea is to prevent the “house” from comes at a literal cost of blockchain transaction fees
stacking the cards in their favor. as well as the time to process transactions. Each
round of gameplay would trigger a random number
Prior to the mainstream use of blockchain generation event – based on this the total aggregate
technology, online casinos used pseudorandom fees would be significant, especially if we consider
numbers generators (PRNGs) to produce a busy day on PKR could easily generate 15,000
pseudorandom numbers (PRNs) that create results transactions. This will always require that a miner
similar to a randomly dealt live hand or dice play. process a transaction prior to the random number
The word “pseudo” means that these RNG’s are not being generated. Miner confirmations reduce the
“truly” random. This is because a combination of chance of malfeasance, but also requires time, up to
a known seed and a pre-programmed algorithm 20 minutes in some cases. Thus, public blockchain
are required to enable a program to perform the applications may not always provide the requisite
requisite mathematical function for each number practical solve for the random number generation
generation. In effect, the software algorithm “tells” challenge.
the machine, how to calculate the next number from
11 About Random Number Generators,
https://www.gamblingsites.com/online-casino/introduction/random-number-generators/, Gamblingsites.com, 2018
12 Meet Alex, The Russian Casino Hacker Who Makes Millions Targeting Slot Machines,
https://www.wired.com/story/meet-alex-the-russian-casino-hacker-who-makes-millions-targeting-slot-machines/, B. Koerner, 2017
www.polker.io
Copyright © 2021 Polker. All Rights Reserved. 8POLKER
SOLUTION
PKR is a blockchain-based, provably fair,
online casino that will allow players to play
with dozens of cryptocurrencies without the
need to convert their holdings to a single-
supported cryptocurrency standard.
PKR is a blockchain-based, provably fair, online technology.
casino that used patent-pending technology Our novel technology has multiple patented and
that will allow players to bet in initially dozens patent pending filed with the United States Patent
cryptocurrencies but eventually hundreds, without and Trademark Office.13,14,15.
the need to convert their holdings to a single-
supported cryptocurrency standard. PKR does Ultimately, our mission is to increase
this by nearly instantly calculating the value of all cryptocurrency adoption in the online gambling
cryptocurrency bets and displaying them in locally space, while using blockchain as a mechanism
recognized fiat values such as USD, EURO, GBP, to provide provably fair gameplay. We believe,
WON, YEN or any other major fiat currency. By that in order to increase the adoption of
displaying values in the players native fiat currency, cryptocurrencies, we must be agnostic in the
our platform enables a global audience to bet in types of cryptocurrencies we support on the
cryptocurrency while relying on pricing data that platform. To that effect, our vision is to focus on
is relevant to their locality. At the conclusion of the development of technologies to enable fair
gameplay, the player has the option to convert and accurate reporting, support the widest array
winnings to that player’s preferred cryptocurrency of cryptocurrencies on our gaming platform, and
upon cashing out. PKR accomplishes this by deliver near instant conversion of such currencies
utilizing its own uniquely integrated backend for the benefit of our players.
13 Online Gaming Platform Integrated with Multiple Virtual Currencies, Online Gaming Platform Integrated with Multiple Virtual Currencies,
Patent Number: 10,586,427 Patent Number: 10,867,474
14 System And Method For Auditing Gameplay,
Patent Pending No. 17/094,003
15 Online Gaming Platform For Random Number Generation
Patent Pending No. 17/110,799
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Copyright © 2021 Polker. All Rights Reserved. 9POLKER
We envision several critical technology
components to enable this:
A public-facing gaming platform that An API that interfaces with these Smart
will enable players to log in, select from Contracts and our backend system, to
an array of games, bet, play hands, in help provide critical information such as
an intuitive and visually stunning game realtime pricing
interface
An API that accurately relays off-chain
A centralized wallet architecture to support pricing data to the on-chain Smart Contract
a broad array of cryptocurrencies,
using partner technologies to store funds Blockchain that will record, process and
on behalf of our players, enabling resolve all transactions and be auditable
simplified escrow, deposit and withdrawal by all players
capabilities.
Collect all NFT cards and all NFT chips
A cryptocurrency integrated backend to from medals redeems, achievements,
allow players to convert cryptocurrencies weekly challenges and from random
they may have won from other players to NFTdrops.
their preferred cryptocurrency
A public utility token called PKR Token can
be used to purchase store items,
game character assets, and can increase
rakeback bonus and discounts.
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Copyright © 2021 Polker. All Rights Reserved. 10SOLUTION
POLKER
MULTI-CRYPTO
GAMEPLAY
Perhaps the most important feature of our platform
is support of a multitude of cryptocurrencies to Due to the unique nature of our platform, players
be used by players for their bets. We do this by can also bet in more than one cryptocurrency. For
creating and deploying the appropriate blockchain example, a player can place a bet using Ethereum
wallets for our supported cryptocurrencies. Before and EOS, in any ratio they wish, provided the total
each player bets on their hand in their preferred amount of the bet matches the table minimum as
cryptocurrency, these funds are transferred from calculated by our platform. This feature enables
their individual wallets into our escrow wallets, users to store a broad range of cryptocurrency
while the value of the bets are calculated in holdings, and play such holdings, without having
realtime in USDT or similar tablecoin. This assures to incur conversion fees to aggregate them into
that each players bet matches the value of other a single currency standard for gameplay. It also
hands played regardless of the cryptocurrency used allows users to bet in cryptocurrencies that they
or the local fiat it is calculated in. The winning have won, but do not ultimately wish to hold.
player is credited with the total pot, in each of the
different cryptocurrencies played. It is possible Our goal is ensure that our users will have the
for six different players to be using six different ability to convert such cryptocurrencies to their
cryptocurrencies, and as such, the wining player to preferred cryptocurrency.
have six cryptocurrency winnings, each with their
respective holdings.
www.polker.io
Copyright © 2021 Polker. All Rights Reserved. 11SOLUTION
POLKER
MULTI-CRYPTO BACKEND
At several point during gameplay, a user can The fully integrated solution will be invisible to
convert one, several or all of their unique players on our online casino. It will support fast,
cryptocurrency holdings into a single preferred one-click, cryptocurrency conversions without
cryptocurrency. This is enabled through an ever requiring the user to perform typical trading
integrated backend system that we will build activities such as inputting limit orders, or reading
and integrate into our platform. The exchange the order book, charts and/or trades.
will take the spot price of the various supported
cryptocurrencies, and convert between each. It will
utilize funds it holds in its partner accounts to help
settle transactions instantly.
For simplification of the player experience, this
platform will operate in two distinct ways:
1. As a fully-integrated, seamless solution to
the online casino
STABLECOIN VS
FIAT SUPPORT
PKR intends to launch supporting USDT, with The use of the above USD-based tokens enables
eventual support added for TrueUSD and USDC. users to bet, and/or “cash out” their cryptocurrency
winnings to a stable currency. The use of stable
coins is expected to help provide additional
liquidity to our platform without requiring the
need to support fiat. Due to the sometimes-strict
regulatory requirements around online casino
establishments, PKR will not initially launch with
fiat support. Instead it will carefully evaluate each
locality’s laws and perform the necessary steps to
achieve regulatory approvals.
www.polker.io
Copyright © 2021 Polker. All Rights Reserved. 12SOLUTION
POLKER
SINGLE COIN TABLES
For online poker veterans who are committed to cryptocurrencies from our multi-coin tables into
using their cryptocurrency of choice, PKR will offer their preferred cryptocurrency, saving users on fees.
single coin tables that restrict betting to a single Single coin tables will not support PKR tokens,
cryptocurrency. This negates the requirement and therefore are not eligible for betting leverage
for a user to convert a multitude of varying features.
ADDITIONAL BLOCKCHAIN
CASINO GAMES
While we believe poker will be a significant draw technology and provably-fair experience can be
and easily relatable, our goal is to eventually applied across a near limitless array of “games of
expand to a number of other casino games to chance” such as dice games, blackjack, and even
diversify our product and increase engagement. new genre’s such as video games gambling.
Our True Random Number Generation (TRNG)
NFT COLLECTION GAME
PKR will also be launching NFT rewards, but broken be given a collectible card, whether it’s a standard,
down in 2 categories; Token NFTs and Chip NFTs. a rare or an Ultra-rare.
These NFTs will be a collectible game where you With Chip NFTs, players around the world will be
can buy, sell, and trade to collect all 1000 of the able to collect all 1000 chips in play money mode.
cards using PKR Token in crypto mode or all 1000 Players will be able to accomplish these by random
chips in play money mode. With Token NFTs, earnings and from unlocking rewards within the
players will be able to stake in crypto mode using game.
PKR Tokens and depending on the amount, you’ll Selected countries and restriction can only affect Token NFTs
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Copyright © 2021 Polker. All Rights Reserved. 13POLKER
TECHNOLOGY
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Copyright © 2021 Polker. All Rights Reserved. 14TECHNOLOGY
POLKER
OUR SMART CONTRACT
METHODOLOGY
As players submit their bets in their respective Below are several of the values which will be
cryptocurrencies, realtime pricing information submitted to the Gameplay Smart Contract during
is communicated via our platform and is made gameplay. All values are made available by the
available for calculation of table and hand bets as backend service powered by our platform API to
they occur. For example, if a player elects to make ensure values are properly communicated from off-
a bet using Bitcoin, the realtime pricing of Bitcoin chain sources to the Gameplay Smart Contract and
is provided in the players choice of fiat currency, blockchain.
such as USD. Although the bet is placed in Bitcoin,
by communicating an equivalent fiat value, this
enables players to bet using a standardized and
known hand value. This becomes increasingly
important as a player performs a single bet in two
or more cryptocurrencies.
fiat_crypto_conversion_val house_rake total_pot
bet_val_fiat hand_play_type game_no
bet_val_crypto card_val hand_no
player_ID outcome
Fig. 2- example values stored in the GamePlay Smart Contract
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Copyright © 2021 Polker. All Rights Reserved. 15TECHNOLOGY
POLKER
After the game has finished, many of the gameplays supplied by the platform to the blockchain
values are written onto the smart contract and Gameplay Smart Contract are one and the same as
recorded onto the blockchain. In essence, values values presented in the gameplay UI.
Random
card values
SH A
256 #
All gameplay
value s
PKR Gam e Crytographi c Hash 1
PKR Gameplay Blockchai n
Engine Function Smart Contrac t
PKR Smart Contract Architecture
Fig. 3 – The PKR Gameplay Smart Contract is responsible for passing realtime market values supplied by the Gameplay to the player UI, while recording
gameplay value into Blockchain for player transparency and evidence of provably fair gameplay
While it can be ascertained that the values the against the values in our Gameplay Smart Contract
platform supplies must be made available for to prove fairness. It is important to note that only
discrete off-chain sources, and deemed reliable, such information that is made visible to all players
Polker will disclose the source of these values, such shall be readily available in the Gameplay Smart
as pricing information and fiat conversion values Contract. For example, users who fold and do
wherever possible. Some information will be pulled not present their cards for viewing, do not create
directly from the PKR gameplay backend, such as a recording event for those card values within
game numbers, hand numbers, player ID’s, and the Gameplay Smart Contract. This ensures fair
similar. Since the Gameplay Smart Contract records gameplay and prevents any other user from gaining
these when the game is played, they cannot be an advantage by making inferences on betting
adjusted at a later date, therefore the information is behavior of any specific folding player hand by
guaranteed to be accurate at the time of gameplay. using known card values.
Players on our platform are free to manually record
their actual hand histories and winnings to match
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Copyright © 2021 Polker. All Rights Reserved. 16TECHNOLOGY
POLKER
i- c o in / s in g le
M u lt c o in
F ia t / C r y p t o V
a lu
e s
CPE AP
I
gs
1 Bets Place d
n in
in
Escro w
2
W
Wallets s
e
lu
Gameplay Smart
3
e
Va
R ak
Contrac t Backend &
G
4
ed
RN
V a lu e s S in
Oracle Service
tor
a
O n- c h
Winning
8 Player Wallet
7 House Wallet
Random Number
5 Generato r
9 Blockchai n
6 Hands dealt
5a Player Seed
PKR Architecture 5b Platfor m
Fig 4. – 1) bets are placed and submitted to the 2) PKR escrow where they are held until a winner is determined. 3) the GamePlay Smart Contract
obtains currency values supplied by the 4) backend service while bringing in the 5) random number value to determine the next assortment of 6) cards
for gameplay. The random number is generated by using the combination of 5a) player and 5b) platform seeds. Once a round of play is complete,
a portion of the pot is given to the 7) house as rake while the remaining balance is released to the 8) winning players credit. Finally, all values are
updated in 9) the blockchain and are made visible to all players
The Gameplay Smart Contract does not actually 1. House wallet(s) for rake fees
store or lock tokens, on-chain. This becomes 2. Winning player(s) credit(s)
impractical due to the multi-crypto betting
architecture – there costs involved in on-chain fees Any funds that are moved elsewhere would create a
to support Smart Contracts for each blockchain discrepancy to the reported values in the Gameplay
token, would be prohibitive expensive to the end Smart Contract and the actual funds received by
user. Even still, many well-known cryptocurrencies parties.
do not support native Smart Contracts. However,
tokens that are bet are deducted from a players
credit, and held on our centralized escrow accounts
for the respective cryptocurrencies played.
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Copyright © 2021 Polker. All Rights Reserved. 17TECHNOLOGY
POLKER
IMPLEMENTING TRUE
RANDOM NUMBER
GENERATION
Polker has developed an innovative model to function to produce a resulting hash. That hash
produce True Random Numbers (TRNs) in order to is then combined with the resulting blockhash
create a fair gaming environment. from the most recent blockchain transaction on
the blcockchain and then once again run through
PKR’s Random Number Generator (RNG) program a cryptographic function to produce a final
originates with the creation of seeds by all players hash output. That hash output is run through
as well as PKR. The platform aggregates these a published algorithm to produce values that
seeds, runs them through our RNG and passes the correspond to cards.
resulting numeric value through a cryptographic
# TRN
Hash 3
True Random
Number
Player A Seed
SHA
256
#
Player D Seed Hash 1
Blockchai n
Cryptographic
Function
Platform Seed #
+
Hash 1
PKR True Random Number Generato r Blockhash 2
Fig. 5 – PKR generates TRN’s using a combination of player and platform seeds, along with the last blockhash produced by the
blockchain, and the hash produced by the running the seed generated RN through a cryptographic function.
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Copyright © 2021 Polker. All Rights Reserved. 18TECHNOLOGY
POLKER
At the conclusion of gameplay, the seed values been involved. The lesser predictable the course,
are made available, and the hash can be matched the lesser the chances of an exposed sequence
against the seeds, blockhash and cryptographic which can be hacked or previously chalked out. Any
function to confirm that the output was not player in the system cannot see the contributed
tampered. All transactions are recorded on the value of other players before the Random Number
clockchain and resolved. Generator has completed with generating a
sequence of random numbers. The heightened
The introduction of player’s seed in combination security of a blockchain network is brought about
with the random nature of the blockhash value by the immutability of the hashes that makes up
assures that the number generated is truly random, the blocks of the chain. The hashes are determined
while remaining verifiable and provably fair. according to a hashing algorithm that maps data of
arbitrary size to a hash of a fixed size. It’s designed
The technology that enables the Platform to offer to be a one-way function, infeasible to invert.
true random number lies in that fact that the source
of the numbers are chaotic once Blockchain has
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Copyright © 2021 Polker. All Rights Reserved. 19POLKER
REVENUE
MODEL
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Copyright © 2021 Polker. All Rights Reserved. 20REVENUE MODEL
POLKER
RAKE AND FEES
PKR charges a fee based on the following schedule of events:
Fee Type Fee or Percentage
2.50%
Rake
Cap starting at $0.5017
RAKE AND
RAKEBACK MODEL
Polker earns a small portion of the total pot All players on our platform are eligible for a
from each round of completed gameplay. This is rakeback – a reward paid to players at the end of
traditionally known as the “rake” and is a fee to pay each month based on their total rake paid. As the
for the upkeep, maintenance and utilization of our rake is a percentage of the winnings, it is calculated
gaming platform. Currently this is expected to be based on the proportionate amount of his/her pot
set at 2.5% of the total winnings with a starting contribution. As such, rakeback is credited in the
rake cap at $0.50. The rake cap is variable and will same way, and is based on the monthly aggregate
adjust upward depending on the player count, limit of rake balance calculated by our platform for each
size and pot size. These values will be defined and player.
published in a schedule upon completion of game
development.
16 Fees subject to change.
17 Rake cap is based on several factors including player count, limit size, and pot size and will vary accordingly,
this will be defined in a schedule once the development of the game is complete
www.polker.io
Copyright © 2021 Polker. All Rights Reserved. 21REVENUE MODEL
POLKER
Level Amount Percentage Conditions
• Rakeback is paid to the user at the end of each
month.
Rookie $10 ($1-$10) 1%
• If you level up you will get that new level rake, if
you fail to reach the minimum target for that level,
you go down a level.
• Rakeback is paid to the user at the end of each
month.
Amateur $50 ($11-$50) 10% back
• If you level up, you will get that new level rake, if
you fail to reach the minimum target for that level,
you go down a level.
• Rakeback is paid to the user at the end of each
month.
Professional $500 ($51-$500) 20% back
• If you level up, you will get that new level rake, if
you fail to reach the minimum target for that level,
you go down a level.
• Rakeback is paid to the user at the end of each
month.
$1000 ($750-
World Class 30% back
$1000) • If you level up, you will get that new level rake, if
you fail to reach the minimum target for that level,
you go down a level.
• Rakeback is paid to the user at the end of each
month.
$2000 ($2000 +
Legendary 45% back
Plus) • If you level up, you will get that new level rake, if
you fail to reach the minimum target for that level,
you go down a level.
www.polker.io
Copyright © 2021 Polker. All Rights Reserved. 22POLKER
ENGAGEMENT
MODEL
www.polker.io
Copyright © 2021 Polker. All Rights Reserved. 23ENGAGEMENT MODEL
POLKER
RAKE PROMOTION
In order to encourage early adoption and gameplay,
PKR will offer a 100% rake rebate for the first 10,000
rounds of poker play, equating to free-rake play.
REFERRAL PROGRAMS
Referral programs act as a catalyst for any online affiliates, the company aims to maintain a mission
Poker platform as it drives traffic towards the website. of platform transparency while seeing an increase
Polker plans to implement a unique referral program in network revenues from its affiliate program.
involving referral codes, that offers full visibility to Maximizing referrals through enhanced engagement
affiliates. Affiliates will be able to track the usage may also increase brand visibility.
of their referral codes so that they have visibility
over the referral process. By offering full visibility to
TOURNAMENTS
Throughout the course of the operation of our Some examples of incentives and bonuses that we
platform, we intend to host a regular schedule of may utilize in our tournaments include but are not
tournaments to increase engagement, excitement limited to:
and ultimately, recognition of our online casino.
We intend to use tournaments to introduce a
diverse array of incentives and bonuses not Discounted or zero rake
normally available during standard play, to drive
PKR bonus winnings added
traffic, participation and growth to our platform.
during gameplay
Tournaments also offer the opportunity for
additional publicity, in the form of press releases, Free cryptocurrency conversions
results announcements, and allowing viewers to
watch live. Custom coin-use restrictions
www.polker.io
Copyright © 2021 Polker. All Rights Reserved. 24POLKER
PKR TOKENS
FUNCTIONALITY
www.polker.io
Copyright © 2021 Polker. All Rights Reserved. 25PKR TOKEN
POLKER
FEE DISCOUNTS
PKR charges fees based on several different types PKR will automatically deduct the requisite amount
of usage on our platform. These fees are typically of tokens from a user’s platform wallet to pay for the
deducted directly from their respective transactions, above fees, based on the market value of PKR at the
in the cryptocurrency used for that transaction. time of the credit. These discounts will decrease
However, PKR Tokens held in our platform wallet each subsequent year based on the schedule below
enable players and exchange users to obtain until it is eliminated completely by Year 5:
discounts on these fees – such fees will be paid in
PKR Tokens in lieu of the cryptocurrency used in the
transaction.
Discount Rate
50% 25% 15% 10%
YEAR 1 YEAR 2 YEAR 3 YEAR 4
www.polker.io
Copyright © 2021 Polker. All Rights Reserved. 26PKR TOKEN
POLKER
RAKEBACK BONUS
The unique nature of our platform allows Rakeback of which will be published on our platform when
bonuses to be paid based on a players PKR token it is live. This means a player can have a zero PKR
holdings. Players essentially “stake” their PKR tokens Token balance in their wallet at any time prior to
by simply holding a balance in their wallet, and the snapshot, but must have all of their PKR Tokens
based off of this balance, are paid rakeback bonuses transferred back into their platform wallet prior
in addition to the standard rakeback percentages. to the snapshot in order to be credited a rakeback
Players with higher PKR Token balances in their bonus.
platform wallets, will earn greater bonuses. PKR
will take a snapshot of all user PKR Token wallet
balances prior to the rakeback calculation, the date
PKR Tokens Held in Wallet Additional Rakeback Bonus
10,000 2.5%
20,000 5%
40,000 10%
100,000 20%
Fig. 6 – PKR Token staking rakeback bonus structure
NFT VIP STAKE
Our NFTs will be a collectible game where you can (from rake back bonus) as well monthly drops ranging
buy, sell, trade, earn from rewards, and stake/hold to from standard to ultra rare NFT cards. We bring you
collect all 1000 cards using our PKR Token in crypto the first NFT collectible trading card poker game
mode. Our stake will be broken down into 5 VIP experience in crypto mode. Please see the table
classes (Bronze, Silver, Gold, Platinum, and Diamond), below for breakdown of VIP classes.
each of these classes will have its own stake-backs Selected countries and restriction can only affect Token NFTs
VIP Classes Monthly NFT Drops
Bronze 25,000 1 NFT (Standard)
Silver 75,000 1 NFT (Standard or Rare)
Gold 150,000 1 NFT (Standard or Rare Hologram)
Platinum 300,000 3 NFT (Standard, Rare, Ultra-Rare)
Diamond 500,000 5 NFT (Standard, Rare, Ultra-Rare Hologram)
www.polker.io
Copyright © 2021 Polker. All Rights Reserved. 27POLKER
TOKEN
ECONOMICS
Polker’s platform is powered by the Polker
Token (PKR) a cryptographic token built on the ERC-20 token standard.
PKR Token will be created and deployed on Ethereum’s Mainnet. PKR Token’s
usage, and economics are described in this section of the document. PKR
Token will be used, initially, for the following:
1. The purchase of in-game assets and store items.
2. To acquire Rakeback bonuses.
3. To absorb transaction fees with discounted rates.
4. As a reward from participation on the PKR platform.
www.polker.io
Copyright © 2021 Polker. All Rights Reserved. 28TOKEN ECONOMICS
POLKER
PKR TOKEN
DISTRIBUTION
Tokens created by the contract will be distributed based on the following:
Total PKR Token Supply : 1,000,000,000
3% 10% 25% 15%
Advisor Team Operation Development
15% 10% 10% 12%
Token Sale Bonus, Reward &
Exchange Liquidity Marketing
Bounty
TOKEN VESTING
Tokens reserved for the team and advisors will tokens will be released by our Smart Contract
be vested over the course of 6 months from date based on their vesting and aforementioned release
of platform beta game launch. Once vesting is schedule. Tokens issued to other participants, will
complete, the tokens will be released once per be immediately available or at least as soon as the
month for a period of twenty-four (24) months, in Smart Contract is deployed. There is no vesting or
equal monthly installments. Both team and advisor lockup period for these tokens.
Seed Private A Private B Public
1 month lock 10% TGE 10% TGE 100% TGE
Linear vesting Linear vesting Linear vesting
for 9 months for 9 months for 6 months
www.polker.io
Copyright © 2021 Polker. All Rights Reserved. 29POLKER
ROADMAP
PKR Prototype Showcase at
Crypto Invest Summit in Los Q4
Angeles, CA USA 2018
Q1 Platform Development
2019
Patent Issued, no. 10,867,474
from USPTO
Q2
2019
Q4 Start Up summit in Malta,
ranked top 10.
2019
Platform Development
Patent Issued, no.10,586,474 from Q1
USPTO 2020
Platform Play Chip Game
Q2 Beta Launched
2021 NFT Launched
Platform Real Game Launch Q4
2021
Q1 Mobile Game Launch
2022
Launch New Games Q4
2022
www.polker.io
Copyright © 2021 Polker. All Rights Reserved. 30DISCLAIMER
POLKER
In consideration of PKR™ (the “Company”) providing underlying value of the tokens on offer. Prospective
this Whitepaper to the recipient, the recipient participants must make their own assessment
acknowledges that the contents of this Whitepaper about whether the price of the tokens being offered
are confidential to the Company and the recipient represents fair value.
agrees not to disclose, distribute or permit to be
communicated verbally, directly or indirectly or PARTICIPANT WARNING
otherwise, or to otherwise publish the contents
of this Whitepaper except with the prior written It is highly speculative and before participating in any
consent of the Company. For the purposes of this project about which information is given, prospective
acknowledgement “recipient” includes, without participants are strongly advised to seek appropriate
limitation, any principal, employee or agent of the professional advice;
recipient.
The information contained in this has been prepared
This Whitepaper, and any offers made within it, is by or on behalf of the Company. PKR™ has not
solely for Participants. undertaken an independent review of the information
contained in this Whitepaper.
This Whitepaper provides a summary of the main
features of the Company. It contains general advice PROMINENT STATEMENTS
only and has been prepared without taking into
account any participant’s objectives, financial The information contained in this Whitepaper about
situation or needs. Participants should read the the proposed business opportunity is not intended
Whitepaper carefully and assess whether the to be the only information on which a decision is
information is appropriate for them in respect of their to be made and is not a substitute for a disclosure
objectives, financial situation and needs. document, or any other notice that may be required
under law. Detailed information may be needed to
This Whitepaper does not purport to contain all make a token participation decision;
the information that a prospective participant may
require. In all cases, interested parties should conduct Prospective participants should be aware that no
their own investigation and analysis of the Company established market exists for the trading of any
and the data contained in this Whitepaper. tokens that may be offered.
The Company does not make any representation FUTURE STATEMENTS
or warranty as to the accuracy or completeness
of the information contained in this Whitepaper. Except for historical information, there may be
Furthermore, the Company shall not have any matters in this Whitepaper that are forward-looking
liability to the recipient or any person resulting from statements. Such statements are only predictions
the reliance upon this Whitepaper in determining and are subject to inherent risks and uncertainty.
to make an application to apply for shares in the Forward-looking statements, which are based
Company. on assumptions and estimates and describe the
Company’s future plans, strategies, and expectations
The Company considers that the financial and non- are generally identifiable by the use of the words
financial information contained in this Whitepaper ‘anticipate’, ‘will’, ‘believe’, ‘estimate’, ‘plan’, ‘expect’,
has been prepared to the best of its reasonable ‘intend’, ‘seek’, or similar expressions. Participants
knowledge and ability. However, recipients must rely are cautioned not to place undue reliance on
on their own investigation of all financial information forward-looking statements. By its nature, forward-
and no representations or warranties are or will looking information involves numerous assumptions,
be made by the Company as to the accuracy or inherent risks and uncertainties both general and
completeness of such information. specific that contribute to the possibility those
predictions, forecasts, projections and other forward-
The Company makes no representation about the looking statements will not occur. Those risks and
www.polker.io
Copyright © 2021 Polker. All Rights Reserved. 31DISCLAIMER
POLKER
uncertainties include factors and risks specific to the profitability of the bankroll and number of tokens in
industry in which the Company operates as well as existence. There is no guarantee or expectation that
general economic conditions. Actual performance PKR tokens will increase in value, provide a return, or
or events may be materially different from those have sufficient adoption and liquidity on exchanges.
expressed or implied in those statements. Owning these tokens does not constitute a share
of equity or ownership in the PKR company. The
All forward-looking statements attributable to token economy is new and exciting. While unlikely,
the Company or persons acting on behalf of the regulatory circumstances may require that token
Company are expressly qualified in their entirety mechanics be changed or altered.
by the cautionary statements in this section.
Except as expressly required by law, the Company PKR tokens do not have any rights, uses, purpose,
undertakes no obligation to publicly update or revise attributes, functionalities or features, express or
any forward-looking statements provided in this implied, including, without limitation, any uses,
Whitepaper whether as a result of new information, purpose, attributes, functionalities or features on the
future events or otherwise, or the risks affecting this PKR platform. Company does not guarantee and is
information. not representing in any way to buyer that the PKR
tokens have any rights, uses, purpose, attributes,
None of the Company, its officers or any person functionalities or features. PKR tokens may have no
named in this Whitepaper with their consent, or value. The company reserves the right to refuse or
any person involved in the preparation of this cancel PKR token purchase requests at any time at its
Whitepaper, makes any representation or warranty sole discretion.
(express or implied) as to the accuracy or likelihood
of fulfilment of any forward-looking statement except BUYER EXCLUSION CRITERIA
to the extent required by law. The forward-looking
statements reflect the views held only as at the date No U.S. or Chinese buyers or participants: PKR tokens
of this Whitepaper. are not being offered or distributed to U.S. or Chinese
citizens. If you are a citizen, resident of, or a person
VALUE RISKS located or domiciled in, the United States of America
including its states, territories or the District of
Tokens issued by PKR may drop substantially in Columbia or any entity, including, without limitation,
value, or may remain illiquid for long periods of any corporation or partnership created or organized
time or indefinitely. PKR cannot guarantee an in or under the laws of the United States of America,
active secondary market for the exchange of tokens any state or territory thereof or the District of
purchased in the token sale. Furthermore, the Columbia or, if you are citizen, resident of, or a person
participants fully acknowledges that secondary located or domiciled in, or any entity,
trading markets such as exchanges are extremely including, without limitation, any corporation or
limited for security tokens and that specific regulatory partnership created or organized in or under
requirement must be met in order to facilitate the laws of the People’s Republic of China do not
listing and active trading. Not all disclosures or purchase or attempt to purchase PKR tokens or
statements are being made in this disclaimer section. participate on the website.
Participants should review the token sale agreement
in its entirety and seek the professional advice of
legal counsel and investment professionals.
PKR tokens change in value depending on the
www.polker.io
Copyright © 2021 Polker. All Rights Reserved. 32DISCLAIMER
POLKER
GAMBLING RISKS Participation in all games is solely at your own risk
and PKR is not liable for any damages, expenses, or
Please note that online gambling is an entertainment losses which may or may not have arisen from the
vehicle that carries a certain degree of financial use of our services. Please exercise caution with
risk. Players should be aware of this risk and govern cryptographic assets and do not invest money that
themselves accordingly. There is nothing contained you cannot afford to lose.
herein that constitutes a guarantee of winning,
nor is there an intention to induce any person to No persons under the age of 18 are permitted to
violate any local, state, or national laws. Recognizing gamble.
that cryptocurrency and online gambling laws and
regulations vary across the world and are constantly Winners know where to stop. The national council on
changing, players are advised to reference laws problem gambling (U.S.) can be contacted at 1-800-
within their own jurisdiction to ascertain the legality 522-4700; European helplines can be found here:
of actions. It is your sole responsibility to ensure that
online gambling or ownership of tokens is legal in http://www.europeancasinoassociation.org/helplines-
your jurisdiction. helpcenters-self-exclusion-portals/
www.polker.io
Copyright © 2021 Polker. All Rights Reserved. 33You can also read
