Player’s room
Up to 80% of shares will be
distributed among the site’s
players and affiliates
The first round of shares
distribution starts on
2nd of April 2016.
The shares will be handed out
for playing at the poker site
and inviting your friends to play.
The share owners are
eligible for receiving the dividends
and selling their shares.
The share of PokerGrant
What is ‘a share’?
We want the PokerGrant poker site be owned by the ones who really love poker — the poker community. That is why 80% of the site’s shares will belong to the players and affiliates.
A share is a financial instrument that allows you to receive a part of the company profit. A share can be sold or transferred to other persons. They are distributed in proportion to the contribution of the community participants in the development of the poker site.
The shares will be handed out to the players in several stages during the fledging period of the poker site. The players will not be required to make any additional payments to get the shares.
What’s in the ‘share’ for me?
The share gives you the right to receive dividends that are to be distributed among the players by the poker site on a monthly basis. Besides, you are able to sell or transfer your shares.
Finally, the players-shareholders take part in making decisions related to the software development, the VIP-program and the rakeback policy.
How can I get the ‘share’?
You have to log in to the parter program site http://partner.pokergrant.com/ After that the shares start crediting to your account should you fulfill respective conditions during each round of Shares distribution.
How can I become the owner of a ‘share’?
- Play at our poker site! During the first stage of shares distribution, 1 dollar of the rake paid to the poker site equals to 1 share;
- Certain amount of shares might be handed out to the players as a gift for
their line of deposit or as prizes in freerolls or promo-games; - The affiliates are also eligible to receive the shares for the profit
of the players that they had attracted — 1 share per every dollar of the profit. - The first round of shares distribution starts on 2nd of April, 2016.
The next round of shares distribution takes place after the moment when 3% of the shares are handed out by PokerGrant.
It goes without saying that receiving the shares does not exclude a standard rakeback or participation in any promos — it all comes together.
Affiliate program
We adore our partners, that is why we are glad to offer them special conditions. Apart from significant deductibles from the rake, our affiliates (during a first period of shares distribution) are eligible to receive 1 share per every $1 of the rake paid by the players they had attracted. PokerGrant is the first poker site that shares its income from the whole commercial operation of the site.
Who can become
a PokerGrant’s affiliate?
Any individual or company can become our partner. Do you have a popular blog, multiple friends in social networks, or do you own a frequented website? Then your audience might get interested in playing at our site, and you — in getting rewards for attracting new players to our site.
Become an affiliate
Who can become
a PokerGrant’s agent?
Besides affiliates, we cooperate with agents that are able to attract affiliates of their local market. Agents that attract affiliates of their region will be awarded with a part of the rake paid by the players attracted by those affiliates.
Become an agent
MEMORANDUM
OF SHARE PARTICIPATION
The goal of the memorandum is to ensure the enforcement of the shareholders’ rights.
It describes the principles that the poker site is guided by during the distribution of the shares.
DISTRIBUTION OF THE SHARES
What is the profit of owning a share?
The share owners have two key possibilities:
1. The right to receive profit from the commercial operation of the poker site;
2. The right to sell or transfer their shares to other poker site users.
Are all the players eligible to get the shares?
All players of the poker site are eligible to get the shares. During the first stage of shares distribution, a player gets 1 share per every $1 of the rake paid. Eventually, with the poker site entering into the new stages, receiving the shares will require more to be done.
Will the share owners have access to the financial information as to the poker site’s operation? How will this access be granted? Is it possible to get access to this info without receiving the shares?
Every share owner, even if it is a minimal share, will get a monthly report containing basic physical and financial data of the poker site, divided into articles.
We plan to make a part of this information public.
Is it possible to buy a share from the poker site?
We do not raise investments or sell shares for money. All the site’s players and affiliates get their shares absolutely free of charge.
PAYMENT OF DIVIDENDS
When does a players start receiving the dividends?
The dividends are to be paid out monthly per the amount of shares on the account as of the beginning of a month.
How are the dividends from the shares credited?
The dividends are credited to the poker site’s account deposit within 15 (fifteen) calendar days after the month’s end.
What is the mechanism of the dividends crediting?
A report is formed every month and is shown in the personal user account. Based on the data of this report, we credit the dividends to the player’s account.
Assume that the share costs $1 of the rake paid, and by the end of the stage of distribution I have paid only $0.7 to the poker site. Can I finish collecting the lacking $0.3 during the next stage and get my share?
Unfortunately, the incomplete process of collecting of the rake resets to zero when the new stage starts. With that, we have specifically set a little price of the share, issuing 10,000,000 of inexpensive shares instead of 10,000 of expensive ones, so that it would not constitute a problem even for the low-stakes players.
How can the players, affiliates and agents track the crediting of the dividends and other data about the shares that currently belong to them?
All the share owners, be it the players or affiliates, have access to their personal user account, which incorporates all the necessary functionality to control any changes and get information.
AFFILIATE PROGRAM
What are the types of your partners?
Our partners fall into two types:
1. Affiliates — that directly attract new players to the poker site;
2. Agents — that attract new affiliates.
How are the affiliate dividends from the shares credited?
The poker site’s affiliates get shares based on the profit received from the players that they had attracted. During the first stage, affiliates will get 1 share per $1 of the player’s profit.
LEGAL MATTERS
Is this scheme with the shares legal?
We have developed a juridical base according to which we will be able to hand out digital shares of the site to our players and partners; in terms of assurance and liquidity, our shares will bear no difference from the real ones. The greatest challenge of distributing the shares is the procedural nuances on Malta related to changing the members of the company. The gaming comission’s requirements to such processes are rather strict — namely, to collect a huge number of documents every time you change the list of the share owners. We succeeded in solving this task by elaborating a model according to which the share owner, on the one hand, will be absolutely protected, and on the other — will keep the possibility to sell his shares to others.
We will publish these documents prior to the first round of the shares distribution.
TECHNICAL MATTERS
Is the random number generator licensed?
The poker site that operates under the Maltese jurisdiction cannot operate without a tested and licensed RNG.
Naturally, PokerGrant has all the necessary documents: the license and the RNG certificate.
How reliable is the IT-infrastructure?
The IT-infrastructure lies on a geographically distributed cluster, which ensures the highest data fault tolerance. The user data is kept safe by means of modern cryptographic technologies and Cisco-manufactured network hardware.
How is the safety of the poker site ensured and how do you grant protection from the super-users and bots?
The system includes no functionality whatsoever to see other’s pocket cards, even for the system administrator. All the instructions for the support and security staff rely on analyzing the logs post factum. The spots where it is theoretically possible to wedge in jingle-brained are subject to a special control:
— Code review at every change and upgrade of the functionality;
— External audit and control of the code structure, the changed versions, the byte structure and other technical mechanisms in the most important parts of the system;
— Staff management (only trustful team members take part in the development, signing serious documents on personal responsibility, etc.).
For the time being, to get rid of the bots we have implemented a set of technical mechanisms that give a signal to the security officer whose duty is to check the accounts. We have also implemented a ‘bot captcha’, which we would like to configure together with our players in order to choose the least irritating mode for them. Moreover, prior to the launch of the poker site in April, 2016, we will work out a set of additional solutions.