Mario Mosböck Teams Up With CoinPoker for Ultimate Blockchain Poker Experience

Mario Mosböck Teams Up With CoinPoker for Ultimate Blockchain Poker Experience

Play To Earn Games | 09 Aug 2024 18:56 UTC
In the dynamic and ever-evolving world of online gaming, where digital currency is increasingly becoming the norm, CoinPoker, a prominent online poker site, has taken a monumental step towards ensuring transparency and trust among its users. On August 9th, 2024, from Willemstad, Curacao, CoinPoker unveiled its latest proof of reserves (PoR) report. This critical financial disclosure underscores that user deposits are comprehensively covered on a one-to-one basis in cold wallets, with these funds being readily visible on the blockchain. Moreover, additional reserves are maintained in hot wallets, enabling instant withdrawals, marking a significant stride in operational transparency and security.

Building A Top Online Poker Site With Cryptocurrency

Since its inception in 2017, CoinPoker has rapidly ascended the ranks to be recognized among the top online poker sites, as acknowledged by revered entities like Card Player Magazine, PokerScout, and Techopedia. Setting itself apart from traditional online poker platforms that transact in fiat currency, CoinPoker has embraced cryptocurrency, offering players the ability to wager with Tether (USDT) and other leading digital currencies while leveraging blockchain technology to assure the safety and segregation of user funds.

The Full Tilt Poker scandal of 2011, which highlighted the dangers of commingling user and operating funds, serves as a cautionary tale for the online poker industry. CoinPoker's dedication to embracing cryptocurrencies not just as an alternative but as the backbone of all transactions on the platform ensures a level of security and trust. The implementation of decentralized RNG (random number generator) software ensures the integrity of every hand dealt, incorporating ethereum’s Keccak-256 algorithm for verifying the randomness of outcomes.

CoinPoker Sign Mario Mosböck, Patrick ‘Pads’ Leonard

In a strategic move to bolster its credibility and appeal, CoinPoker has partnered with former Austrian footballer turned poker professional Mario Mosböck, and British poker pro Patrick Leonard, both of whom bring a wealth of experience and a formidable presence in the poker world. With Mosböck’s and Leonard’s shared vision of guiding CoinPoker towards becoming the world’s premier online poker platform, their involvement speaks volumes about CoinPoker’s commitment to excellence and player satisfaction.

Proof of Reserves on the Blockchain

CoinPoker’s recent PoR report not only serves as a testament to its financial health but also as a benchmark for transparency in the online poker industry. By showcasing that user deposits are fully covered by reserves held in both cold and hot wallets, and providing links to view these funds on the blockchain, CoinPoker is setting a new standard for operational integrity. This move to disclose financial reserves reflects a growing trend among crypto platforms to foster trust and reliability amongst their user base.

About CoinPoker

Operating under a Curacao eGaming License, CoinPoker offers a downloadable platform for Windows and Android devices, supporting a variety of poker games in both cash game and tournament formats. New users are welcomed with a generous deposit bonus, and those holding CoinPoker’s native cryptocurrency, CHP, enjoy additional benefits such as rakeback. This user-centric approach, combined with robust security measures and adherence to regulatory standards, positions CoinPoker as a top choice among online poker enthusiasts.

In conclusion, CoinPoker’s recent developments and its unwavering commitment to transparency, security, and player satisfaction underscore its ambition to reshape the online poker landscape. By pioneering the use of cryptocurrency and blockchain technology in the gaming sector, CoinPoker not only offers an unparalleled gaming experience but also sets a new standard for trust and integrity in the digital age.

Disclaimer: This article is provided for informational purposes only and is not intended to be construed as legal, financial, or tax advice. The content herein is the responsibility of a third party, and readers are encouraged to conduct their own research and consult with professional advisors before making any financial decisions based on this information.

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