CHIPS (token ticker CHIPS) is the principal crypto currency created by the platform Bitpoker in order to have the in-house currency used to pay for the stakes in the poker games run on the website. As a poker platform built on the blockchain technology, it is natural for the Bitpoker platform to create their own, freely tradeable and transferrable crypto token, which would be used to access certain games, make bets, access stakes and do much more. Winning the game, the user engaged in the game of poker on the Bitpoker website would gain their much-valued CHIPS, and in turn, if the user choose so, they could easily trade that for some real-world fiat currency, trading their own tokens in to the other users willing to enter the game of chance and skill. By using blockchain technology as a foundation of their online poker platform, the Bitpoker developers can bring the security and transparency that comes with the distributed ledger technology, guaranteeing that no amount of third-party will harm their clients.