Virtue Gaming Launches Play-to-Earn Crypto Model to Bring Online Poker to US Players


On Friday, Virtue Gaming, a decentralized online poker platform built on the Ethereum (ETH) blockchain, launched the first ever digital poker casino to win in the United States.

In the United States, only six states (Nevada, Delaware, New Jersey, Pennsylvania, West Virginia, and Michigan) have legalized and currently regulate online poker. The country has been slow to act on the matter due to fears that international poker platforms will derive revenue from domestic and land-based gambling sites. Additionally, even in the listed states, poker platforms must obtain licenses from each individual jurisdiction to operate.

As a result, US residents generally cannot access popular online poker platforms, such as PokerStars or 888 Poker, available to players in the rest of the world. To address this issue, Virtue Gaming came up with a game-to-win setup where the platform gives users 500 Virtual Player Points, or VPPs, worth approximately $ 147.37 USD.

Players will receive them for free when they register. Players who meet the minimum playing time requirements through cash games and tournaments can then cash out their VPP for Tether (USDT). US gamers would then be able to compete with gamers from the rest of the world, who transfer VPP, Ether (ETH), or other cryptos into Virtue Gaming’s locked sidechain smart contracts to participate in the game. to avoid cheating, the platform implements peer-to-peer encrypted shuffling for all decks.

Virtu Poker Casino user interface | Source: Virtue Poker

According to the legislation, “the points or credits that the sponsor of the game or competition provides free of charge to participants and can only be used or exchanged for participation in games or contests offered by the sponsor” do not fall within the legal definition of ‘a bet or bet and could theoretically give the model play to gain some regulatory leeway. At the time of publication, there are currently over 25,000 players from outside the United States on the platform.