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PokerFi.Finance to Unite Crypto and Poker Users

The utilization of crypto and related technologies in the world of gambling is not an entirely new thing. Still, there is so much to be discovered in the sector. New entrants debut innovative technologies and products regularly and this is what keeps it going. For poker players, it is now more apparent than ever that crypto is a huge part of the industry.

As part of an ambitious plan to further unite poker players and crypto enthusiasts, PokerFi.Finance has come up with an innovative approach for financial transactions in live and online poker. The main goal of this is to bring more awareness about crypto to poker players. It further provides this group of people with an incredible system through which they can earn some passive income. This should further give more people more reason to be a part of it.

How It Works

PokerFi.Finance which is also referred to as Poker Finance token is essentially a digital currency. It is linked to BEP-20 on the Binance Smart Chain and is built on a foundation of three ideas. That is to improve Decentralized Finance (DeFi), offer great poker games and deliver a deflationary system.

The deflationary nature of the system will likely be the most eye-catching thing for many people. That is because it means that the token holders will be able to earn in dollars with dividends and they will not have to sell their coins to make that possible. As for the actual figures, PokerFi.Finance token holders will have the chance to earn a 6 percent fee for every transaction. A 3 percent share is automatically distributed every 12 hours to everyone with over 35,000 coins in their token wallets.

More Perks

When it comes to actual poker gaming, the users of the PokerFi.Finance platform also have a lot to look forward to. The players will get the chance to rake back up to 70 percent of their spend on the site. This is paid out weekly in $BUSD. In addition to that, the side features an amazing loyalty program. Referred to as the PointFi rewards program, it is made to cater to all users with accounts on the site. Once registered, the players get 1FP for every $1 wagered.

The total rake of the site will contribute to growing the value of the PokerFi.Finance token. 2 percent of the total rake is dedicated to that goal. Players still can get to reap the benefits of this too. Qualifying players will receive a 5 percent share of the total rake.

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Virtue Poker to Hold Celebrity Charity Poker Tournament

Renowned blockchain-powered poker platform Virtue Poker is looking to deliver yet another win to the crypto-ecosystem thanks to an upcoming poker tournament. The company will be celebrating its recent launch and developments through the poker tournament which is expected to go down sometime in early June. Having been under development for five years, the Phil Ivey-led online poker operation has so much going for it and it is all about to get even better.

Lots to Look Forward To

Virtue Poker did not seem to have much of a problem pushing its upcoming celebrity poker tournament. Backing the venture are some very well-known industry investors including Pantera Capital, ConsenSys, and DFG Group among others, all of whom could further help solidify its credibility. That said, the no-limit Texas Hold’em poker tournament will be a great launchpad for the company’s ambitious plan for the industry.

Already there is a solid lineup of people that are expected to attend. These include celebrities, influencers, and many poker industry leaders. Most notably, Phil Ivey who also happens to be a Poker Hall of Famer will be among the people that will grace the poker tournament. Other notable figures that will be participating in the tournament include the Virtue Poker Pro team, Ethereum Co-Founder Joe Lubin, Founder and CEO of Ethernity Chain Nick Rose, and NBA Hall of Famer Paul Pierce.

“Virtue Poker is excited to take this next step to drive awareness and adoption of the world’s first blockchain-based P2P poker platform. Through our partnership with SuperStarter and our execution of our Celebrity Poker Charity event, Virtue Poker will be able to grow our community’s foundation as well as showcase the platform to a broad audience,” Virtue Poker CEO Ryan Gittleson.

The winner of the planned tournament will get to decide on a charitable organization that will receive the proceeds from the event. Virtue Poker will also issue all of the celebrity participants with NFTs and these will act as bounties of sorts during the tournament.

Where to Catch the Action

For anyone that will be interested in watching all the action that will go down during Virtue Poker’s tournament, look no further. The operator will be broadcasting the even as it unfolds on Twitch. In addition to that, fans of the participants will also be able to watch on the channels of these players.

Crypto giving back to the community is certainly a good thing but this is also bound to mark yet another huge leap for crypto and blockchain as they move towards mainstream adoption.

cloudbet-usdt

Stablecoin Betting Finally Comes to Cloudbet

Renowned online casinos, esports betting, and sports betting platform Cloudbet has recently added USD Tether to the portfolio of digital coins that are available to its customers. This marks a huge milestone for the company because this is the very first time that it is venturing into the rather nascent world of stablecoin betting.

With the new stablecoin betting options, the customers can look forward to a ton of fun when indulging in their favorite casino games. The site currently has a very robust collection of casino games including poker, baccarat, roulette, blackjack, and even slots. Fans of sports betting will also have a lot of fun while anyone who is interested in esports will definitely appreciate the casino’s new esports betting offering which is arguably the best in the industry.

While the addition of USD Tether was just announced towards the end of May 2020, the feature was first put through a whole month of extensive testing. This was to ensure that everything was working as expected by having a select number of customers try out the feature and report their feedback to the operator.

After ascertaining that everything was working as expected, Cloudbet finally made the move to roll out the new stablecoin feature to all of its users. Now all of its customers can enjoy making deposits, betting, and withdrawing funds from their casino accounts using USD Tether.

Needless to say, this is a tremendous step forward for the blockchain-powered iGaming platform as it strives to expand its services further.

Why Stablecoins?

For anyone who has been paying even a tiny bit of attention to the world of crypto, the fluctuations in the market are something that is quite common. Even though die-hard crypto enthusiasts might not feel pressured by the volatility, many other people are not willing to put up with that much uncertainty.

As such, there has been a need for more cryptocurrency innovations. This is why digital tokens that are pegged to real-world asses or FIAT currency come in. They assist the gaming platforms in avoiding the volatility that is commonplace in the world of crypto.

USD Tether (USDT), otherwise referred to as Tether, is one of these stablecoins and its value is pegged to the US Dollar on a 1 to 1 basis. Naturally, this makes it a very attractive option for anyone who has been meaning to try out betting on crypto-powered platforms such as Cloudbet.

“Since launch, a fundamental part of our philosophy has been about empowering players with technologies that solve their problems. USDT and stablecoins are an extension of that.”

Cloudbet.

In addition to the protection from volatility that stablecoins offer, they are also known for offering very fast transactions. What more could you ask for?

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Poker.com Unveils New Bitcoin-Powered Online Poker Platform

Poker.com which is arguably one of the leading online poker platforms on the planet has been trying to outdo its competitors for a very long time. This it has done by offering some of the most enticing poker features and at the end of it all, the players are the true winners. Its most recent move in this regard was the recent unveiling of a brand-new Bitcoin-powered online poker platform. That is great timing for the site since there has been a significant rise in online poker traffic.

The poker site which has been in operation for two decades has always been committed to providing its customers with the very best in terms of features. That said, the move to go all-in with crypto is set to create an even deeper sense of trust and commitment among its very loyal fanbase.

What Does the New Platform Have to Offer?

Known as Bitcoin Poker, the new online poker platform is expected to gain massive popularity among both online poker enthusiasts and members of the Bitcoin and digital currency community at large. It will bring forth all of the amazing features that many online gamblers have already seen with other crypto-based gaming platforms.

To begin with, the players will get to enjoy instant play and they will be able to do this while remaining totally anonymous. All that they will need to do is verify their email addresses and dive into the poker action.

As if that is not enough, the players will also have access to superfast deposits and payouts thanks to the Bitcoin network. The poker operator is already very popular for offering some of the most reliable and seamless payment processing in the industry but, still that the addition of Bitcoin will be a much-needed step up.

Aside from the speed of transactions, players can also look forward to other amazing perks including:

  • Low transaction fees for the room and you
  • Private, anonymous poker, no personal details needed, no bank or cc statements
  • Highly secure deposits in minutes
  • Rapid cashouts
  • Freedoms from banks and governments.

The Platform’s New Affiliate Program

Bitcoin Poker is not the only thing that Poker.com customers have to look forward to. The company has also recently announced a 50 percent revenue share for all of the new members of its mind-blowing affiliate program. This revenue share deal will remain in place for a whopping three months for each of the new partners who join.

It goes without saying that in the very dynamic world of online gambling, such developments are always monumental to the growth of individual companies and the industry as a whole. Poker.com customers will certainly have a lot to enjoy but it won’t be long before other players in the industry also respond by introducing equally competitive products and features.

pbet

Pbet to Redefine Gambling with Its Blockchain Solution

Its been over a decade since the blockchain, as we know it, came to be. In that period, technology has proven that it is a useful tool for a vast range of applications beyond digital currencies and one of the sectors that have embraced it is the gambling industry. It has been said on more than one instance that the very dynamic blockchain technology is set to completely redefine the gaming industry – this is already happening.

Pbet, a rising crypto-powered gambling platform is one of the companies that is championing the quest to “blockchainize” the gambling industry. That said, it is easy to see that the casino is much more than a mere cryptocurrency casino. The gaming company has come up with a complete blockchain-based crypto-based gaming platform that is set to spark up a revolution of sorts in the gambling industry. In essence, with the new platform, Pbet is addressing some of the most user-oriented concerns when it comes to online gambling – these are fairness, transparency, safety, and security as well as affordability.

Pbet’s innovative and revolutionary idea is a blockchain crypto-based Unified Gaming Platform and its intended to create a convergence between land-based casinos and online gambling sites. All this will be added while combining both the players, the casinos and the Pbet platform itself with each set to benefit from added value.

“We are driven by the mission to combine all 3 pillars- physical casinos, players and Pbet- through our disruptive blockchain crypto-based Omnichannel Gaming platform business model.  Our state-of-the-art platform is strategically designed to benefit both the players and casinos through blockchain technology”, stated a Pbet spokesperson.

The Perks

To begin with, Pbet’s new blockchain solution is set to give the players even more reason to trust the gaming platform and this will be achieved through the transparency of information. This will help to address trust issues which have always been a major concern for players across all major online gaming platform despite the operator’s efforts to address the issues.

Fairness aside, players have also complained about the slow nature of the payments at the casinos as well as the high transaction fees that they are charged. Pbet’s gaming platform will be addressing this issue by introducing a payment solution that will fix both of these problems – it will be fast, reliable and very affordable. Considering the tremendous improvements that have been made to blockchain technology, the users can expect near-instant transactions speeds.

Moreover, Pbet has also recently announced its Omni-Channel Pbet Reward Club. This will assist its partner casino to benefit from hospitality sectors in order to provide freebies which are meant to assist with player acquisition and retention.

blockchain-poker

A Review of Blockchain Poker: Is This It?

Online gambling has been around for a very long time now but the level of innovation in the sector puts many other industries to shame. This is mostly because the gambling industry has shown time and time again that it is more than willing to try out new and risky ideas in a bid to appeal to the newer generation of players while at the same time cashing in on new gaming verticals.

Some of the areas where online poker and online casinos have been focusing on in the past couple of years include digital currencies and blockchain technology. At this point in time, it would be an understatement to say that the blockchain has had its fair share of success with online gambling. In fact, the technology has solved so many issues that previously plagued online gambling activities – these include such aspects as biased gameplay, unfairness by some operators, lag timings and even slow transactions, all of which have now been improved significantly.

That said, more and more blockchain-powered gaming applications are beginning to rise and Blockchain Poker is one of the more interesting ones that players will come across on the internet. Not only is this online platform a great place to try out your luck at gambling but it is also a near-perfect version of the older generation of online casinos. In other words, it delivers on some very vital promises. For instance, all the transactions are secured, not biased in any way and are very secure.

What It Offers

Transaction speeds aside, Blockchain Poker gives poker players the opportunity to play using bitcoin (BTC), Bitcoin SV (BSV) and Bitcoin Cash (BCH). In essences, the blockchain-powered online gambling platform was “built to be a fun, easy way to help get more people using Bitcoin (BTC), Bitcoin Cash (BCH), and Bitcoin SV (BSV)!”

Unsurprisingly, while this platform is geared towards giving poker players the convenience of playing on an improved version of an online gambling site, the aim of the project is to facilitate further growth of the crypto community and ecosystem. What better way to do this than by showing people just how useful blockchain applications can be?

More Features

One of the most notable features that Blockchain Poker offers is the ability to instantly enter into No-Limit Texas Hold’em cash games or tournament using bitcoin. For these games, anonymity is guaranteed since the players are not required to sign up. The platform further award free satoshis to new players.

Moreover, Blockchain Poker also offers some very lucrative rake caps and rake backs thus giving the players a better chance to build their bankroll.

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DAO.Casino to Build Gambling 3.0 Blockchain with MixBytes

DAO.Casino, a renowned blockchain-based gambling protocol has recently announced its plans to develop their own blockchain which will become the heart of the DAO.Casino ecosystem. The protocol is will be partnering with MixBytes in order to develop a unified solution for building the so-called gambling 3.0 blockchain network.

Why Now?

The adoption of blockchain and digital currencies has been in the rise over the past few months, a situation that, in a way, proves that the crypto market is moving past the bearish trends of 2018 that almost completely ruined the crypto markets. To that effect, there have been a plethora of investments into the decentralized ledger technology (DLT) space with the number of start-up growing almost exponentially – this was mostly thanks to the enthusiasm of venture capitalists who have invested no less than $5 million.

Now, there are a number of different industries that have come under the wings of the innovative DLTs and this has created even more optimism in as far as the future of DLTs is concerned. As expected, online gambling is one of the industries that have welcomed the new technology with a number of crypto- and blockchain-based virtual gambling platforms mushrooming on a regular basis. This is not surprising especially because of how open and welcoming the online gaming industry is to new and innovative technologies.

It, therefore, goes without saying that there has never been a better time for various industries to capitalize on and expand various blockchain applications.

DAO.Casino’s and Mixbytes’ Plans

The partnership between the two companies is now primarily meant to address some of the biggest challenges that currently face the online gaming industry – these issues include the lack of trust and doubts regarding the security of funds and the DLT applications offer solutions by bringing transparency which, in turn, eliminates the possibility of any form of manipulation.

By partnering with MixBytes, DAO.Casino will now have access to resources such as more high-level experts taking part in the “creation of a brighter future for the gambling industry”. As per the terms of the partnership agreement, MixBytes will be providing DAO.Casino with thorough “consulting and collaborate to create the DAO.Casino Blockchain, featuring all the necessary technologies to ensure the future prosperity of decentralized gambling, as finality, random number generator, high throughput, low latency and more.”

Blockchain technology continues to take center-stage in a number of global business and these kinds of developments do not show any signs of slowing down anytime so. For companies like MixBytes and DAO.Casino that have already realized the potential of such applications, it might be much easier to get to the mainstream market when the time is right and these applications finally blow up in the mainstream market.

wagerr

Online Crypto Sportsbook and Gambling Platform Goes Beta

Wagerr, a new generation online cryptocurrency sportsbook and gambling platform has recently opened access to its 3.0 testnet in private beta, that is, this is now available to a small group of customers – 50 to be more precise. The expansion will allow the core group of valued users within the crypto community to test the company’s new 3.0 mainnet fork before it is finally released.

Wagerr’s new version 3.0 upgrade includes a complete redesign of the website interface and the backend betting protocol – these are meant to not only improve scalability but to also assist in making the overall system much more efficient than it was before.

More About Wagerr

Wagerr is a decentralized online gambling platform that touts itself as the blockchain for betting. The platform uses its native WGR token to facilitate payments made within the Wagerr ecosystem thus providing its users with fast, extremely affordable and effortless payouts – the token is a proof-of-stake coin which uses coin “weight” and a randomization system to calculate the chance of rewards staking. To provide its users with the highly secure and fair betting services it boasts of, Wagerr utilizes various forms of blockchain technology including master nodes and smart contracts. In addition to that, the gaming platform has recently made significant upgrades to its Oracle Masternode system.

Oracle master nodes use Application Specific Smart Contracts (ASSC) to ensure both stability and security on the network and this, in turn, provides platforms such as Wagerr with a secure and decentralized network that assists in keeping the sportsbooks updated while also verifying the bets made through the smart contracts. Moreover, the system includes a revenue model that allows the customers to make a bit of additional income through the Wager platform by becoming one of the masternodes on the Oracle system.

Lightning Spin Becomes First-Ever LApp to Sell

In other stories, Rui Gomes, the creator of Lightning Spin which is one of the pioneering Bitcoin Lightning Network’s pioneering lightning applications (Lapps) also recently announced that he was selling it. With the Lapp players “could pay 6¢ for a single spin, (1 BTC was around $6,000 back then) and withdraw your winnings in seconds — something that would be impossible with the fiat system and would be increasingly difficult on Bitcoin’s base layer.”

While very little details have been disclosed about the buyer of the gaming app, Gomes assured fans of the game that the new owners shared his vision and therefore they can expect the same features and perks as they did before.