ApexCoin ARCHcoin Bitcoin
Bitmark Bitswift Blackcoin
CannabisCoin Cloakcoin Darkcoin
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Rocket Shibe Viacoin IOCoin
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Tacocoin Teslacoin Unobtanium
Vericoin Vertcoin Viacoin
Bitcoin and Cryptocurrencies have opened up new opportunities for all sorts of businesses and people who come with the concepts for them. One of the businesses that have sprung up is Crypto Chips, which are poker chips in a variety of different digital currencies. Entrepreneurship comes in many forms, and Crypto Chips is another great example of it. The Bitcoinist was able to interview the creator of CryptoChips.net Yakpimp from twitter and in the forums.
Crypto Chips Poker Chips
Crypto Chips Poker Chips
What made you decide to make Bitcoin and Cryptocurrency poker chips?
I was sitting at my desk one day thinking and wanted to be able to play with something in my hand to get my creative juices flowing. I was into Dogecoin at the time, but the only option was a metal coin that everyone and their mother seemed to have. I wasn’t a huge fan of the design, so I decided to make something on my own. I made the first batch just for me, but when the folks on IRC saw them they all wanted some too. One thing led to another, and here I am with thousands of chips on my dining room table, and my wife asking me what the heck I am doing.
What has been the biggest challenge making the chips?
Packing. I know it sounds crazy, but honestly packing up chips takes more time than anything else. I have been manually cutting chip sized holes in cardboard for weeks now. Interestingly enough, I just found an alternative today which should be a huge improvement over my hand cut holders. Look for a new packing in the next couple weeks. Other than that the process is pretty simple, get a design, lay it out nicely, and print some chips.
The poker chips are produced using a Ceramic Polymer Composite and injection molding process. This process means no stickers to fall off or wear away. The quality is very good. They have a substantial feel to them. The graphics are excellent and come in many coins with more added regularly. Some of the coins for sale are Bitcoin, Litecoin, Dogecoin, Darkcoin, Razorcoin, Vertcoin, Blackcoin and so many others.
How has Bitcoin and Cryptocurrencies changed your life?
Litecoin, Reddcoin, Blackcoin and Darkcoin Poker Chips
Litecoin, Reddcoin, Blackcoin and Darkcoin Poker Chips
I never really had a hobby before. Honestly I never understood people who did have hobbies. It turns out my hobby was crypto currencies, and I just didn’t understand until I found it. I wouldn’t say it changed my life as much as getting married or having children, but you know what doesn’t wake me up at 2 in the morning…? Poker chips!
What new things can we look forward to from your business?
I’ve got some partnerships in the works that are going to add a few new products to my site. One of them is coming along nicely, but I can’t say anything about it. I find it’s more difficult to keep secrets to yourself when it’s something really cool. The other big thing that is coming is physical wallet chips! I’ve been talking about it for months and I finally did a proof of concept with a scannable QR code etched into the chip. These are going to be very popular I think. Offline cold storage on a physical token.
Are you going to be adding a new types of merchandise to your business other than poker chips?
I’ve got a couple things planned. I mentioned earlier a deal with some interesting parties in the crypto space, that and some new full Bitcoin sets for Christmas time will be a nice addition. Unless I start selling potato chips, I’m not sure much else will make sense on cryptochips.net though.
What are some of the challenges you have had running and Bitcoin and Cryptocurrency business?
Originally I thought payment processing would be difficult, I spend several nights struggling with coming up with a process to use individual wallets per order. I thought I’d end up falling back to a payment service, but eventually I got everything working and haven’t had any problems. I accept many different currencies now, although Dogecoin and Bitcoin are by far the most popular payment method. I learned my lesson with Paypal the hard way in the beginning. I had an individual reverse some charges on me, and it made me feel sick that people were so dishonest and terrible. That’s why I don’t accept Paypal anymore. Turns out accepting Bitcoin is much cooler anyway.
Anything you would like to add?
Just want to make sure people understand that I’m always up for making new and custom chips. If a team wants some chips made, I only ask for a pre-order of 10 to make sure they are serious. I’d hate to make a bunch of useless chips that nobody wants. Anyone can email me with requests at email@example.com. Also thank you to everyone who has ordered from me. I love seeing pictures of your chips on twitter @yakpimp.
Crypto Chips is another excellent business in the Bitcoin and Cryptocurrency industry. The poker chips can be purchased with a variety of digital currencies. They are a great addition to your poker table or as collectors’ pieces. It will be interesting to see what coins he makes next. An enterprise to watch for sure.
What made you decide on crypto poker chips vs other items?
I was sitting at my desk one day and wanted to buy some physical representation of what I was mining. Dogecoin was what I was looking for, and all I could find was the existing metal Doge coins. They didn’t appeal to me and I wanted something different, something more colorful, something that when found on my desk would get people to ask questions.
I started looking into making a custom metal coin that had painted and sealed surfaces. It turns out the process to do that is expensive and only becomes cheaper when thousands are made. I thought back to when I was living back home and my dad would collect poker chips from casinos. I said to myself “Hey self, what about poker chips?” Next thing I know, I’m knee deep in chips, and have requests for new chips coming in almost daily.
How many have you made to date?
I’ve made over 50 styles to date. Each one usually be between 100 – 250 chips, so if I had to guess I’d a little over 10,000 chips. I currently have 38 styles on my site, but there are several behind the scenes that the public doesn’t see through cryptochips.net. Some people ask me to make them for random events and parties, others as a joke. It’s really a labor of love, I get excited with every new style and always keep one of each in a little plastic case. You could think of me like Dexter but for poker chips, and instead of being a serial killer, I’m a serial poker chip maker.
Have you had and difficulties? Has this been a learning agent?
For the most part it’s been a pretty smooth process. In the beginning I just made some for myself, but then other folks on IRC started asking if they could buy some from me. It took me a while to realize that putting in some time to build a website would free up my time selling chips over chat. Once I had automatic payment address generation and database tracking things started running much more smoothly.
I’ve build simple web pages in the past, but this is the first time that there is any integration with other services. So it was a lot of trial and error. Every once in a while there is a hiccup, but it’s usually some back-end service that is having problems that just pops up as an error on my site.
It was fun, and I’ve spoken to a few other folks who are trying to stand up merchant sites to help them get rolling.
What chip have you sold the most of?
If you are curious about the ones that are for sale on my site, that would be the standard Dogecoin chip. It was the first I ever made, and is still the most popular. I mentioned that private orders also come in so sometimes those can be quite large and I don’t really count those.
Who chooses the design? Do you allow teams to choose what pics are featured?
Up until now I’ve chosen almost all of the designs based on what I think people would be interested in. In some cases the art is literally just the coin logo, and in others it’s totally custom. I worked with an amazing artist a few months ago to put together some awesome designs and those chips sell like hot cakes.
Team come to me quite often looking for chips for their new coin. I’m always looking to add more to my personal collection and allow others to buy them, so if they are serious their chips get made. I’m not picky about the design and usually love working with the developers to tweak them until everyone agrees it’s going to look great.
How much do you charge?
$3. Early on I thought about my pricing model and decided that a flat model was best for this product. Every chip on my site is $3, it doesn’t matter how popular or unpopular it is. Everyone is built with the same quality too, so when you order you know you are getting something awesome.
The best part, in my opinion, is that the price includes the shipping inside the USA! I have many requests for international shipping as well, and for those I ask that the buyer just pay the actual shipping cost. In most cases it’s under $4 for shipping.
Do you donate to a charity?
Yes, but in my normal life. Cryptochips.net is not how I make my living. It’s a hobby that keeps me busy in the evenings after the kids go to sleep. I’m extremely thankful for everything in my life, and feel that donating helps others who have not been as fortunate as me.
I look back in my own life, and see that the only way I have been able to live the life I have, has been because someone else either believed in me, or gave me a chance. I think that is the best type of donation, and in many cases it doesn’t even cost you anything but time.
What chips do you plan on making next?
At the moment I’m not sure. I just made a few new chips, CANN and the updated Darkcoin, and will probably give it a couple weeks before making something new. There are a couple dev teams who are asking me to work with them to get a chip ready, and those are going to keep me busy for a while.
I’ve made several full sets in the past, and there has been a recent request for a Bitcoin and Litecoin set, so I may spend some time designing that as well.
I know myself though, and the second a cool design comes along I’m going to want to make it into a physical token, so that could change at the drop of a hat.
Do you offer discounts if a large number of chips are ordered?
The margins are pretty thin on the chips once you include all the setup and other costs associated. So normally I’ll offer a discount on orders of 50+ chips, this seems to work out for both parties.
Do you have help making the chips?
It’s pretty much just me. My son likes to help packing them up, and asks me almost every night “Can we pack up some Dogecoins?” He is only 3 so his help is usually just putting the chips into the custom cardboard cutouts I’ve made.
If you have ordered from me you probably noticed that the packing system I use is a bit unique. It isn’t a typical bubble mailer. Instead I cut poker chip sized holes in a piece of cardboard, and actually encase the chips in the cardboard which I then cover in tape to protect them. When a larger order is packed it’s usually in some foam or bubble wrap and then placed in a box that I may have sitting around the house. I like using packing material that is repurposed from something else. I’d hate to go buy packing supplies when I have plenty of Jell-O and tea boxes sitting in the pantry.
Do you have a game plan as far as marketing and promo of your chips?
I’m not a good marketing guy, I post on reddit about them, I talk on IRC, and Twitter. That’s as far as I’ve gone with them so far. Like I said earlier this is a hobby, so as long as it’s keeping me busy I’m happy. I think word of mouth is working in my favor since everyone who gets chips seems to love them.
There is something about holding an awesome poker chip with your favorite crypto in your hand that just makes you happy. Many customers come back and order more once they see how they feel in the hand.