WPFH news WPFH Announces the Creation of Vixel Coin Cryptocurrency & OPSTI Platform
GlobeNewswire•January 8, 2018
LOS ANGELES, CA, Jan. 08, 2018 (GLOBE NEWSWIRE) -- World Poker Fund Holdings, Inc. (OTC PINK: WPFH), a leading developer and operator of online and event-based social gaming platforms and brands, announces today that it has developed the Vixel™ Coin, an Ethereum-based digital currency coin. The Vixel™ Coin will be the preferred cryptocurrency which will be integrated into WPFH’s cryptocurrency payment solutions platform --OPSTI™.
Currently under development, the OPSTI™ Platform includes a consumer wallet, currency exchange, and payment transformation service enabling consumers to purchase goods and services with their cryptocurrency or through real-time transformation into any fiat currency. The OPSTI™ Platform, utilizing the VXL Payment Solutions architecture, enables traditional merchant services payment processing allowing OPSTI™ to complete the crypto-currency life cycle from currency exchange to any fiat currency.
Utilizing Ethereum (ERC20) token standard as the foundation for the development of the WPFH cryptocurrency allows Vixel™ the flexibility to be traded across multiple cryptocurrency exchanges.
“The Vixel™ Coin and OPSTI™ Platform will bridge the gap between consumers’ daily life and the cryptocurrency industry. Vixel™ will be the preferred tender for WPFH games and other games of our partners,” says Travis Kasper, Chairman of WPFH.
Last month, WPFH announced that it will be participating in an Initial Coin Offering (“ICO”) through its new digital currency subsidiary to raise funding for its projects. The cryptocurrency will be filed with the U.S Securities and Exchange Commission under Regulation D 506(c) and allow accredited investors to realize income from dividend payouts in the form of cryptocurrency.
About World Poker Fund Holdings, Inc.
World Poker Fund Holdings, Inc. is a leading developer and operator of online and event based social gaming platforms and brands. The company is currently in the final stages of launching its two-core celebrity driven social gaming brands for online poker and casino gaming. The company does not offer any games or gaming opportunities for cash in the United States and is not licensed as a gaming operator in the United States or any other jurisdiction.
To learn more about World Poker Fund Holdings (WPFH) and its upcoming events, please visit www.worldpokerfund.com.
Safe Harbor Statement
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
GlobeNewswire•January 8, 2018
LOS ANGELES, CA, Jan. 08, 2018 (GLOBE NEWSWIRE) -- World Poker Fund Holdings, Inc. (OTC PINK: WPFH), a leading developer and operator of online and event-based social gaming platforms and brands, announces today that it has developed the Vixel™ Coin, an Ethereum-based digital currency coin. The Vixel™ Coin will be the preferred cryptocurrency which will be integrated into WPFH’s cryptocurrency payment solutions platform --OPSTI™.
Currently under development, the OPSTI™ Platform includes a consumer wallet, currency exchange, and payment transformation service enabling consumers to purchase goods and services with their cryptocurrency or through real-time transformation into any fiat currency. The OPSTI™ Platform, utilizing the VXL Payment Solutions architecture, enables traditional merchant services payment processing allowing OPSTI™ to complete the crypto-currency life cycle from currency exchange to any fiat currency.
Utilizing Ethereum (ERC20) token standard as the foundation for the development of the WPFH cryptocurrency allows Vixel™ the flexibility to be traded across multiple cryptocurrency exchanges.
“The Vixel™ Coin and OPSTI™ Platform will bridge the gap between consumers’ daily life and the cryptocurrency industry. Vixel™ will be the preferred tender for WPFH games and other games of our partners,” says Travis Kasper, Chairman of WPFH.
Last month, WPFH announced that it will be participating in an Initial Coin Offering (“ICO”) through its new digital currency subsidiary to raise funding for its projects. The cryptocurrency will be filed with the U.S Securities and Exchange Commission under Regulation D 506(c) and allow accredited investors to realize income from dividend payouts in the form of cryptocurrency.
About World Poker Fund Holdings, Inc.
World Poker Fund Holdings, Inc. is a leading developer and operator of online and event based social gaming platforms and brands. The company is currently in the final stages of launching its two-core celebrity driven social gaming brands for online poker and casino gaming. The company does not offer any games or gaming opportunities for cash in the United States and is not licensed as a gaming operator in the United States or any other jurisdiction.
To learn more about World Poker Fund Holdings (WPFH) and its upcoming events, please visit www.worldpokerfund.com.
Safe Harbor Statement
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
