Virtue Poker (VPP) Review – Virtue Poker ICO Ratings and Details


Token type:

Fundraising Goal:
25,000,000 USD

Total Tokens:

Available for Token Sale:

What is Virtue Poker?

Virtue Poker bills itself as the future of online poker. It states that online poker is currently stuck as the software is constantly called into question, there are claims of funds being lost, or the games being unfair. The Virtue Poker team is committed to addressing the shortfall of centralized poker and make for a better overall playing experience.

The platform was actually founded in 2015 and is intended to be a decentralized online poker source. It was incubated by ConsenSys, a company with a reputation for building decentralized apps. The platform is build on top of the Ethereum blockchain and provides the ability to transfer all value to escrow wallets on the blockchain using a transparent set of rules. This means that users do not have to entrust a third party to handle their money.

There is a timeline provided through the platform website which highlights some of the big milestones and achievements it intends to reach in the coming year. On March 1st of 2018 it will host a live stream poker game on Twitch featuring professional poker players. By the Fall of 2018 it seeks to release an open beta. By winter 2018/2019 it wants to have a live deployment and launch a tournament.

How Does Virtue Poker Work?

To begin, players simply need to download the Virtue Poker software. The tables are actually smart contracts on the Ethereum blockchain, and all tables are published to the Virtue Poker registry through the Ethereum blockchain. Players are able to join tables using the funds from their Ethereum wallets.

The gameplay itself is handled off-chin via peer-to-peer connection. Payouts are handled through the table based on the game outcome and are made available almost instantly. When the game is complete the results are published to the Ethereum blockchain in order to uphold transparency.

Meanwhile, Virtue Poker tokens can be used an in-game currency, give access to the special tournaments, can be earned as rake back, and serve as nodes in the platform’s incentive system.

Features and Benefits of Virtue Poker

The platform highlights some of its primary benefits through the website. Among the main benefits are the security of the player funds unlike other online poker platforms. Players do not have to deposit money into a centralized system, and instead can put money into their own digital wallets, therefore no one else touches their money. The payouts from the game happen automatically, with the players receiving the funds they won in less than 60 seconds from the table to the player’s wallet.

According to the site, the gameplay is tamper proof because it all occurs using an off-chain secure implementation of mental poker. This means that all the players that are seated at a table are involved in shuffling and use a Byzantine Fault Tolerant consensus mechanism to ensure that the cards are being dealt fairly. Additionally, there are guaranteed tournaments available to players as the platform re-invests the money they make back into the platform to give opportunities to all players.

The Virtue Poker Token Sale

The token sale for Virtue Poker is not set yet but should be occurring sometime in 2018. The whitelist is available to join currently. It does not appear that there are any countries that are barred from participating in the token sale. The tokens will be referred to as VPP and distributed as ERC20. In total there will be 10,000,000 tokens created and 50% of them will be made available for sale.

The fundraising goal for Virtue Poker is set at $25 million, though it also states that it will end once 5 million tokens are sold, and the longer the sale takes, the lower the price of the token will be. The sale will accept ETH and currently there are no minimum or maximum contributions that are set.

Currently, no information is provided regarding the allocation or distribution of the funds raised. As far as the tokens, half of the tokens that are created will be made available in the public sale, 30% will go to business development, and the last 20% will go into reserve for the founding team, locked in escrow and vested for over four years.

Who’s Behind Virtue Poker?

The team behind Virtue Poker is identified through their website. There are twelve members of the core team that are profiled, with links offered to their LinkedIn pages. The co-founded and programmer for Virtue Poker is Jim Berry who also works as a programmer for Consensys and holds a BA from the University of Virginia in Astronomy and Physics. The other co-founder of the platform is Ryan Gittleson who also works for ConsenSys in Business Development and Marketing. He was educated at the University of Pennsylvania.

The advisory board for the platform features some big names. The strategic advisor is Joseph Lubin who is the co-founder of Ethereum and founder of ConsenSys. There are several other members of the board who hold positions with ConsenSys, as well as an assistant professor at the University of Illinois and a Senior Martketing Executive.

Virtue Poker also features the involvement of three professional poker players – Dan Colman who is third all-time on the money list from poker winnings, Phil Ivey who is sixth all-time on the money list and a member of WSOP Hall of Fame, and Brian Rast who is tenth all-time on the money list.


The world of online poker is lucrative to many users but also full of potential issues. Primarily, there are trust issues among players who have no choice but to give the big poker platforms access to their funds and trust that they will use them correctly. There have been multiple instances in the past few years in which centralized poker platforms have used player funds in an unscrupulous manner. By making it so players do not have to give the platform access to their funds, many of the trust issues go away.

Virtue Poker being associated so heavily with ConsenSys is a good thing for the most part because ConsenSys has a good reputation online for creating decentralized apps. That said, many of the team members for Virtue Poker also hold positions with ConsenSys, so it is unclear how much time they will be able to dedicate to this project. Additionally, the platform website states that a public token sale should happen sometime in mid-February, but obviously that has not happened.

Still, the appeal of the platform is significant as the online poker industry has continued to grow, Virtue Poker seems to be the first decentralized option being offered and they can potentially take a large share of the market.

Peter Lehmann

Peter is a blockchain investor and cryptocurrency writer at Since 2014 Peter has advised blockchain startups and ICOs on content marketing, strategy and business development.

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