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Defi Meets Poker with the Launch of Hasbullish

Posted on February 4, 2023February 2, 2023 by Kelley N.

By fusing the excitement of poker with the possibilities of decentralized finance (Defi), Hasbullish is ushering in a new era in the Defi industry. A group of the best poker professionals in the world has banded together to create this Binance Smart Chain (BSC) coin, which was conceptualized by a former professional poker player. With such star power, it is no wonder that there is so much excitement about the project.

As elite poker players compete in real-time on Hasbullish’s virtual casino floor, community members have the opportunity to interact with and learn from them. Players benefit from this one-of-a-kind experience since it enables them to get insight into the tactics and methods used by the industry’s most accomplished professionals. What’s more, the poker professionals are reinvesting their profits into the token, which is driving its value higher.

The overarching objective is to provide a welcoming environment where members of the community may watch each other play poker in real-time on the VC, engage in constructive conversation, and improve their poker skills. There will be a lot of freebies on the live stream, so it may serve as a training ground for future earnings.

Interesting Launch and Upcoming Poker App

Hasbullish’s initiator challenged Hasbulla to a heads-up charity poker match as a means of promoting the site and luring more of the world’s best poker players to join the community for the tournament’s proceeds. They also want to collaborate with Hasbulla to publicize his non-fungible tokens (NFTs) and items and to negotiate discounts for their investors on those products.

As part of its mission to build the greatest crypto poker community and provide full-scale sponsorship packages for professional players, Hasbullish is also designing a fully functional poker app. The company is also reaching out to influential YouTubers in the hopes that they will draw even more users to the service.

A Solid Marketing Plan

Hasbullish’s comprehensive marketing plan includes a week at the top of Reddit CMS trending with new updates, pinned calls in active chat lounges, a PFP contest, a full press release package published on over 450 outlets, and ongoing discussions with influential people in the industry to bring them on board. In addition to seeking a location to host tournaments, the company is interested in collaborating with other poker groups.

For poker and crypto enthusiasts, joining Hasbullish will put you in the front of the DeFi revolution and provide you the opportunity to grow your wealth through the efforts of introducing your friends. Enjoy the excitement of poker and the possibility of Defi rewards with the finest referral rates in the industry.

partypoker Partners with Theta Labs for NFT Venture

Posted on February 4, 2022February 3, 2022 by Kelley N.

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.

Poker Players Betting on CryptoPunk NFTs

Posted on December 4, 2021December 2, 2021 by Kelley N.

Non-fungible tokens, otherwise known as NFTs, have been all the buzz over the past year. One of the reasons why this is the case is how divisive they have proven to be as investment assets. There is a group of people who swear by it and believe that it is the future of both art and gaming. An equally large number of people see it as nothing more than a gimmick and a bubble that will fade away just as quickly as it rose.

Now, objectively speaking, nothing is cast in stone at this point. Still, the amount of interest in the sector is worth paying attention to. Several mainstream sectors are getting involved and one of the most notable ones is the poker industry. Recently, poker pros like Ryan Daut, Jeff Gross, Mike McDonald and Dan Smith have gotten in on NFTs. In total, the players have CryptoPunks NFTs worth about a whopping $400,000 as their Twitter profile pictures. Bill Perkins, another high-stakes poker player, has a World of Women NFT.

A Perfect Match?

Crypto and blockchain have found use cases in the world of online gambling and continue to thrive in the sector. For poker, especially in live dealer games, this has mostly been limited to payments. NFTs seem to be changing that. High-stakes poker professionals have a reputation for being risk-takers which makes NFTs a great fit for them.

The goal is profitability, something that is not always guaranteed. That is often overridden by the idea of the Expected Value (EV). NFTs present a rather unique opportunity for this as seen from their mind-blowing price surges in the past year. As it turns out, this fusion of poker and NFTs is already being explored on other fronts.

Next-Gen Poker

Recently, a new and innovative version of poker that brings together the loved game and NFTs was unveiled. Polker, the game, has been built using Unreal Engine 4 and is expected to usher in the next generation of online poker gaming. It is the first free-to-play and play-to-earn poker game that takes immersion to new heights. Most notably, Polker will be the first game of its kind to integrate NFTs throughout the game structure.

The gambling industry has always been known for its dynamism. Now we are at the tipping point in the way we gamble online and such innovations promise to take the poker experience we know and love to the next level. It will take a bit of time but it will certainly be worth the wait.

Mastercard Strikes Crypto Deal with Bakkt

Posted on November 4, 2021November 3, 2021 by Kelley N.

In a recent announcement, Mastercard which is one of the world’s biggest financial service providers revealed that it has partnered with Bakkt, a popular digital assets platform. Thanks to the arrangement, thousands of Mastercard’s banks and merchants will now have the chance to integrate cryptocurrencies into all their products. Giving Mastercard’s partners the ability to offer crypto solutions is set to significantly boost the already rapidly-expanding crypto ecosystem.

Speaking on the development, Sherri Haymond, executive vice president, Digital Partnerships at Mastercard mentioned that the move aligns with the company’s goals. With Bakkt on board, they intend to apply their innovative approach to ” power our partners to offer a dynamic mix of digital assets options” and “also deliver differentiated and relevant consumer experiences.”

How Will This Work?

Consumers in the United States will have the chance to buy, sell and hold digital assets like cryptocurrencies. Enabling this will be the highly-acclaimed custodial wallets that are the backbone of Bakkt’s fast-rising crypto business. At the outlets where MasterCard is accepted, the users will have their digital assets exchanged for fiat to complete the transactions.

As if that is not enough, Mastercard’s loyalty solutions will also apply to the digital asset payments that its users will make. This applies to both Mastercard credit and debit cards. Rewards from the loyalty programs will even be converted to crypto in some cases. Merchants will no longer have to stick to redeemable loyalty points. Instead, they can just offer rewards to their customers in the form of crypto.

What Could This Mean for Online Gambling?

Online casinos form one of the biggest industries that depend on payment service providers such as Mastercard. Many modern-day online casinos have also started integrating digital currencies on their platforms. This is, of course, a very important step forward for the sector.

To begin with, it means that casinos that had not switched to using digital currencies may now have the chance to be a part of the revolution. It will certainly take some time but we are already off to a great start.

Secondly, this is a great way of increasing mainstream adoption of digital assets. Several great online casinos accept crypto payments. However, lots of people are still holding out. With the backing of yet another huge player in the financial sector, mainstream adoption of crypto just got yet another big boost. It will be like having the best of both worlds, that is, a popular payment service and what is considered to be the future of global finance – crypto.

Former Poker Pros Raise $130M for DeFi Market

Posted on August 4, 2021August 3, 2021 by Kelley N.

The gambling and digital currency ecosystems are increasingly becoming intertwined in ways that would not have been imagined. This is partly because of all the interest and buzz that the sectors have been amassing as they continue growing. One of the most recent and most notable developments in this regard is a venture by Ascensive Assets, an investment firm that is led by ex-professional poker players.

The investment fund has been able to raise a whopping $130 million fund. This is aimed at taking on the rapidly growing decentralized finance (DeFi) market. It is not the first time that the firm is taking its chance on the market. In 2019, it managed to raise $24 million, a move that was backed by notable brands like Benqi, JennyDAO, Polkaswap, and Yield Guild Games.

Most of Ascensive Assets’ investors are high-net-worth individuals from Asia who are connected to the world of professional poker and gambling. This is not too surprising but it certainly represents an increasing level of interest in the burgeoning DeFi sector.

The Investment Plans

According to Ascensive Assets partner Oliver Blakey, the firm already has plans for how the fund will be utilized. About 30 percent of the fund will be used to invest in early-stage startups. The remaining amount will then be used to strengthen their investment from the first fund. There are, of course, elements of uncertainty. Still, that is a norm in the world of investments. Gambling is also clearly entrenched in the firm’s DNA.

“We have made some awesome investments; we’ve also made some terrible ones. I think about this industry as a kind of hybrid of venture capital and a hedge fund; it’s somewhere in the middle,” Oliver Blakey commented.

It will be very interesting to see how all this pans out for the firm. The confidence that they have might be an indication of where the sector is headed.

The Future of DeFi

Decentralized finance (DeFi) has had a resurgence recently and it is growing fast. Initially, decentralized finance was adopted mostly by smaller businesses. However, now it seems like the larger players in the transaction banking industry see it as a significant growth area. The technology has proven to be a great way of strengthening existing market trends. These are particularly good for permissionless access as well as interoperability.

Going forward, we can expect a lot more adoption of the technology. Many big names are warming up to it and that should be enough to take it all to the next stage.

Online Gambling Rise Continues Amid Surge in Crypto Activity

Posted on March 4, 2021March 3, 2021 by Kelley N.

The past couple of years or so have been monumental to the growth of arguably two of the most important sectors in the world right now. Crypto and gambling have both proven that they are here to stay time and again but we would understand if you are still skeptical. Speculations and predictions seem to be all the buzz but one undeniable thing is the significant effect the two sectors are having on each other and the rest of the world.

Several digital currencies have over the past couple of months been enjoying new streaks of popularity. Bitcoin, for instance, has recently reached record highs of over $50,000, something that nearly no one saw coming. Its price is however not the only thing that we are interested in – these price surges have been one of the main drivers of the growth in popularity that bitcoin and other cryptocurrencies have been enjoying lately.

As it turns out, it is not just individuals that are jumping on the bandwagon. Several institutional investors have begun to take the sector very seriously which goes to show just how big of a ripple effect the price surges have had on the global economy.

Still, very few industries have benefited from the crypto boom as much as gaming and entertainment companies. Gambling has long been one of the most popular sectors and with its stakeholders showing a lot of enthusiasm when it comes to adopting new technologies, its utilization of crypto and blockchain technologies was always bound to happen.

Big Promises

When cryptocurrencies first became a thing, no one would have imagined that these tokens along with the related technologies would have such wide-ranging use-cases. Gambling companies, however, seized the opportunity as many of the things that the crypto was promising would be immensely beneficial to their businesses.

Perhaps the most notable aspects of crypto that have been pushing its adoption in gambling are decentralization, transparency, and safety. In essence, they have created what can only be described as an online gamblers’ heaven where the games are provably fair, the transactions are cheap and fast, and the user data is completed protected.

Now, not all gaming companies have been quick to make some of these changes especially considering how volatile the crypto market often gets. Still, it is very important to acknowledge just how far we have come and how close we are to finally achieving the dream of a whole new financial system. One that is not only safe but also fair and reliable.

High Hopes for Bitcoin in 2021 As It Soars to Record-Breaking Heights

Posted on January 4, 2021 by Kelley N.

The world of crypto was one of the few areas that were not as adversely affected by all that happened in 2020. As a matter of fact, it is safe to say that the sector even went on to balloon as more people had time to get acquainted with it and chose to go with it as a safe haven of sorts. Perhaps the biggest success story is that of Bitcoin which has been enjoying a lot of great publicity towards the end of 2020 and during the first few days of January 2021.

On Monday, Bitcoin traded at $33,365 which while still very impressive is over $1,000 short of its record high of a whopping $34,800 – the digital currency hit the record high on Sunday, January 3. Needless to say, this is a huge milestone for the digital currency especially because its current price is an increase of 800 percent from its price in Mid-March. That was right before the pandemic began to wreak havoc in many parts of the globe.

High Hopes for 2021

As the world struggles to get back to how things were before the coronavirus pandemic hit, the world of crypto seems to be gearing up for an even better year ahead. Now more than ever more people are well aware of the benefits that crypto has to offer and that seems to be driving the insatiable appetite for digital assets such as Bitcoin.

One of the reasons why Bitcoin has taken center-stage can be attributed to its supply cap which many believe is a hedge against the risk of inflation especially now as some government and central banks turn on stimulus taps. Moreover, fears of a weaker dollar have led investors to look for safe-havens comparable to gold – Bitcoin has fitted that bill for lots of them.

According to experts from Fundstrat, an independent financial research firm, all that is happening right now in the world of crypto may have already happened back in 2017. The same “parabolic rise” we witnessed back then is making a comeback albeit on a much larger scale.

“We believe the conditions remain in place for a continued rally in bitcoin and crypto more broadly over the next 6-12 months. Institutional and corporate buying, regulatory de-risking, and retail stimulus demand are factors that have led to an increase in positive momentum, which we believe can continue.”

David Grider, Fundstrat’s digital asset strategist.

For any crypto-related business, 2021 is certainly going to be an interesting year. Besides the anticipated growth, there is a lot of optimism that crypto could finally get the mainstream attention it deserves.

Poker Players Capitalize on Bitcoin to Enhance Their Winnings

Posted on December 4, 2020December 1, 2020 by Kelley N.

Bitcoin has been on a roll of late and it is not just crypto enthusiasts that have taken notice of the surge in the digital currency’s price. Now, several successful online gamblers have begun to capitalize on the bump by cashing out using Bitcoin from their favorite poker sites.

Some of the sites that this has been happening to include the AmericasCardroom.eu and its sister sites under the Winning Poker Network (WPN) umbrella. The renowned poker operator has had to buy millions of dollars’ worth of Bitcoin in recent weeks to cater to their users who want to cash out using the digital currency.

Winning Poker Networks Chief Executive Office Phil Naggy revealed that about 90 to 95 percent of their users are now asking for payouts in Bitcoin simply because of the rise in the cryptocurrency’s price.

“We are constantly having to go out and buy Bitcoin — lots. Lots. More than we’ve even had to before,” the CEO commented.

The high demand for Bitcoin is not entirely a new thing but it does represent some pretty interesting dynamics for the online poker sites that are involved as well as the iGaming industry as a whole.

Cause for Concern?

Even though the sites that are seeing the massive surge in Bitcoin payouts are not legally available in the United States, most of the customers are actually Americans. Now, offshore gambling is not entirely unheard of in many states even those where online poker is still illegal. However, since crypto is involved, much more can be read from the situation.

Perhaps one of the biggest concerns is that crypto enthusiasts may be using the online poker platforms as a means to evade taxation. To put this into perspective, the Winning Poker Network which is based in Costa Rica does not regulate certain aspects of their customers’ activities. The most notable one in this regard is the winning and losses – the players are allowed to file their winnings and losses on their own. There is no guarantee that they will file the right figures in this case.

Moreover, the current activities also come with some issues for the online poker operators that have integrated crypto payment methods. Bitcoin is still not considered to be fully stable, at least not yet. That said, the operators are always stuck with it regardless of the situation. As Phil Nagy points out, in cases where Bitcoin’s price drops, their uses who have Bitcoin usually send them to the operator since this is more often than not the fastest way to liquidate the digital tokens.

Poker.com Unveils New Bitcoin-Powered Online Poker Platform

Posted on May 4, 2020May 3, 2020 by Kelley N.

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.

The World of Crypto and Poker in 2020 And Beyond

Posted on January 4, 2020January 3, 2020 by Kelley N.

Poker remains to be one of the most popular games on the planet and this is set to be the case for a very long time. No other games come even close to offering the thrill and excitement that poker offers its customers. Now, things are about to get even better thanks to the entry and subsequent integration of crypto technology.

While digital currencies and the associated technologies are still seen as novelties by many people, they have evolved tremendously over the years to become among the most popular topics on the planet. A revolution in the way that we perform transactions is imminent and one of the industries that will benefit will be the gambling industry. This is because the sector was among the very first ones to adopt crypto technologies in a bid to improve service delivery. The gaming industry has capitalized on the benefits that can be derived from the use of bitcoin and other cryptocurrencies as well as supporting technologies such as the blockchain and smart contracts.

How Will It Impact Online Poker?

Already, there are a decent number of online poker operators that are utilizing digital currencies. These companies are now essentially proof of concept for the benefits of using crypto for banking. Some of the most marketed benefits include security, safety, speed, flexibility, and even anonymity. Decentralization plays a huge part in this and it ties in very well with the accessibility that online poker operators are working hard to keep offering.

The shift towards online poker operations that support crypto payments has already begun albeit on a rather small scale – it is picking up the pace though. Digital currencies may have grown tremendously popular but there has been a bit of a slowdown in terms of mainstream rollout. The gaming industry does not seem to be suffering from the same problem since it is known for being very experimental as an early adopter of technologies.

Giving Users Full Control

At the end of the day, this seems to be the most important factor for many online poker players. By eliminating the middleman, online poker operators will allow the users to have more control over how they spend their money. Speed, safety and security are the core consideration in this case. A number of projects were already in the pipeline by the time 2019 was coming to an end with more set to come into play this year. There are lots of crypto-powered online poker sites available right now. You might want to get acquainted with them as soon as possible. Why? They are the future.

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