Thx. I have a reasonable understanding of the back end security you mean to implement now I believe. Now in regard to the rest of the model...
I notice in your whitepaper you are talking about the smart money players and the recreational players. Your marketing narrative is eerily similar (or perfectly so) to Poker Stars. Poker Stars has a distinct defined approach to the industry, they are well known and stated as wanting to take skilled money from the winning players and use it to provide unskilled jackpot based gambling games.
This is a binary question, yes or no...are you providing the same model?
I would like to know, because you can't simultaneously tend to the skilled players, while also not attending to the skilled players. They are polar opposite directions and for all I can tell, and I can quote your whitepaper, you have perfectly stated that you will NOT be protecting the profitability of the games.
Please be clear and not political, because their is no logical response that allows for both the protection and non protection of profitable games.
Quote:
Originally Posted by Whitepaper
Sharks swallow fish
Yet another issue with online poker is that “smart” money tends to dominate recreational players so there is a high burn rate for the recreational segment of the market. If recreational players are nurtured well from the outset then they become loyal participants and add significantly to the ecosystem, but managing new players is essential.
Smart money comes in a range of formats. The “ethically” based players that have developed a high
level of skill in the game and the “unethical” or shady side of the industry including algorithmic/machine learning bots that prey on recreational players and teams colluding by having more than one player at a table.
In fact, the online poker scene has matured significantly from the early days and the combination of the above factors means that recreational players have never been at a greater disadvantage.
Winning accounts are often fueled by rakeback incentives and other loyalties further exacerbating their advantage.
Please explain this:
Quote:
Originally Posted by Whitepaper
The knowledge gap between recreational and smart money has been a driving force in killing of liquidity for many years. It’s been a significant reason for the plateauing of online poker. Blockchain can reduce the gap between the smart and recreational money by identifying the unethical poker accounts thereby eliminating or reducing this segment of the market. Of course, there is always a place in poker for skill based ethical players and they should be celebrated accordingly!