The world of online poker is evolving, and crypto poker platforms are stepping up their game by signing professional players to elevate the industry to new heights. Among these platforms is CoinPoker, which has recently announced the addition of poker pros Mario Mosböck and Patrick Leonard to its team, a significant move as the platform works toward becoming the best online poker site in the crypto space.
CoinPoker, a blockchain-based poker room, has not only attracted these high-profile players but also set itself apart by introducing Proof of Reserves (PoR), assuring players that their funds are secure and transparent, visible on the blockchain.
More on the Ambassadors
Mario Mosböck, a former Austrian footballer turned poker professional, and Patrick Leonard, one of the top-ranked online poker players globally, have signed on as official ambassadors for CoinPoker. Both players bring not only their expertise but also a shared mission to build the best online poker site using blockchain technology.
Mario Mosböck, with over $11.7 million in live tournament earnings and a notable presence in high-stakes cash games, expressed enthusiasm for CoinPoker’s transparency initiatives, including its Proof of Reserves. His partnership with the platform reflects his belief in its potential to revolutionize the online poker world.
Patrick Leonard, who has over $19.2 million in online earnings and a WSOP bracelet to his name, is equally invested in helping CoinPoker develop a safe, reliable, and cutting-edge platform. He has been actively involved in working with CoinPoker to produce its PoR report, which highlights the platform’s commitment to user security and financial integrity.
CoinPoker’s Proof of Reserves
CoinPoker’s Proof of Reserves (PoR) is a key differentiator that positions it ahead of traditional poker platforms. In the aftermath of the infamous Full Tilt Poker scandal, where user funds were mismanaged, CoinPoker’s approach offers a refreshing layer of trust. The platform ensures that all user deposits are backed 1:1 in cold wallets, with additional reserves held in hot wallets for instant withdrawals.
By utilizing blockchain technology, CoinPoker provides real-time verification of these reserves, which can be viewed by players at any time through platforms like Etherscan, Blockchain.com, and BSCScan. As of now, CoinPoker holds approximately $16.75 million in reserves, exceeding the total deposits of $16 million, ensuring a coverage rate of 105%.
This level of transparency is a major selling point for pro players like Mosböck and Leonard, who prioritize security and fairness in the online gaming space. With CoinPoker, they aim to create a platform that not only caters to crypto enthusiasts but also sets a new standard for online poker.
