partypoker Partners with Theta Labs for NFT Venture

As part of its efforts to keep being a trendsetter in the poker community, popular online poker platform partypoker has recently launched its first-ever non-fungible tokens (NFT). This does not come as much of a surprise. Crypto and the iGaming industry intersected years ago. Given how well that has turned out, it was only a matter of time before the NFT craze caught on in the gambling sector.

For the venture, partypoker has partnered with Theta Labs, a decentralized, blockchain-powered video delivery network. It is best known for providing end-to-end infrastructure for video and NFT and Metaverse platforms.

The project will allow partypoker customers and poker fans the opportunity to own a piece of the gaming platform’s history. Its NFTs will major on a selection of the most iconic moments and tournaments hands from the previous partypoker tournaments.

For the mainstream audience, there will be a range of ‘PokerApes’ NFTs which will essentially be a showcase of 3D artwork with unique partypoker-inspired traits.

Where and How to Get Them

For those interested in the partypoker NFTs, the collection will be available on the platform’s own native marketplace. This is the first of its kind in the online poker scene and thus presents a huge leap forward. It will be the primary place where the sale of partypoker’s NFTs will be happening.

There are also plans for a secondary marketplace that users can take advantage of to trace their digital currencies. Both marketplaces will not only be exciting places for partypoker customers to explore but it could also be a great entry point for NFT enthusiasts.

“Partypoker has established a history across 20 years full of great hands and epic poker moments that have happened during our live and online events. We are happy to give players the opportunity to own their very own piece of poker history in partnership with Theta. I am truly excited for partypoker to join the NFT space.”

Vadim Soloveychik, partypoker Director.

This pioneering NFT launch in the poker space is part of a much larger innovative initiative by Entain, partypoker’s parent company. Its partnership with Theta Labs also extends to other equally exciting projects. These include the upcoming launch of a brand-new innovation hub known as Ennovate in London. The innovation hub is set to invest millions of dollars in several tech projects across the continent. This could potentially extend to other markets in the near future.