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PokerFi Token is a BEP20 token on the Binance Smart Chain designed to innovate transactions in online and live poker games. Its primary purpose is to offer a secure and efficient transaction method within the poker industry by leveraging blockchain technology, making it easier for players to conduct transactions and benefit from the token's features.
PokerFi Token offers passive income through a built-in feature in its smart contract, where a 6% transaction fee is implemented. Of this fee, 3% is distributed every 12 hours as passive income to wallets holding 35,000 or more tokens. This system ensures that token holders receive continual earnings based on their token holdings without any active effort.
Using PokerFi Token in poker transactions provides several benefits, including secure and prompt transactions facilitated by blockchain technology, a passive income stream for holders, and a reduction in traditional transaction fees. This decentralized approach enhances transparency and trust between players and platforms.
PokerFi Token offers a decentralized, secure alternative to traditional poker transaction methods, which often involve multiple intermediaries and higher fees. Its blockchain-based system minimizes transaction times and costs, while providing passive income opportunities for token holders, making it an attractive option for modern poker enthusiasts.
Users might face issues such as wallet compatibility or reaching the minimum token requirement to qualify for passive income. These can be resolved by ensuring the use of a BEP20-compatible wallet and accumulating at least 35,000 PokerFi Tokens to participate in the passive income distribution. For any technical difficulties, contacting support for assistance is recommended.
PokerFi Token is significant as it bridges the gap between cryptocurrency and the poker industry, offering a pioneering solution to enhance the gaming experience with blockchain advantages like transparency, efficiency, and passive income. This innovation aligns with the growing trend of integrating digital currencies into traditional industries to improve operations and profitability.
Integrates blockchain with online poker for transparency and decentralization.
PokerFi is an innovative blockchain-based project that aims to transform the online poker landscape by integrating Decentralized Finance (DeFi) solutions and advanced blockchain technology. At its core, PokerFi seeks to merge the engagement of traditional poker gaming with the transparency and security offered by blockchain protocols. The project is structured on the Binance Smart Chain, utilizing the PokerFi token to facilitate seamless, secure, and transparent transactions within its ecosystem. By eliminating central intermediaries, PokerFi reduces the risks of fraud and manipulation, which are typically prevalent in conventional online poker platforms. Through the adoption of smart contracts, PokerFi ensures a trustless and efficient gaming environment where players have verifiable proof of fair play. The platform's governance model allows token holders to engage actively in decision-making processes, fostering a community-driven development approach. Additionally, PokerFi introduces significant initiatives within the DeFi space, including staking pools, liquidity mining incentives, and a systematic treasury allocation model. These elements are designed to attract stakeholders b...
PokerFi is an innovative blockchain-based project that aims to transform the online poker landscape by integrating Decentralized Finance (DeFi) solutions and advanced blockchain technology. At its core, PokerFi seeks to merge the engagement of traditional poker gaming with the transparency and security offered by blockchain protocols. The project is structured on the Binance Smart Chain, utilizing the PokerFi token to facilitate seamless, secure, and transparent transactions within its ecosystem. By eliminating central intermediaries, PokerFi reduces the risks of fraud and manipulation, which are typically prevalent in conventional online poker platforms. Through the adoption of smart contracts, PokerFi ensures a trustless and efficient gaming environment where players have verifiable proof of fair play. The platform's governance model allows token holders to engage actively in decision-making processes, fostering a community-driven development approach. Additionally, PokerFi introduces significant initiatives within the DeFi space, including staking pools, liquidity mining incentives, and a systematic treasury allocation model. These elements are designed to attract stakeholders by offering them rewards and incentivizing continuous engagement, thus ensuring a sustainable ecosystem. One of PokerFi’s distinguishing features is the implementation of high rakeback percentages for its users, rewarding them with either PokerFi tokens or USDT under certain gameplay mechanics. This strategy reinforces user participation while expanding the platform's utility. Furthermore, PokerFi’s connection to the broader Web3 ecosystem is evident through its NFT marketplace and metaverse integration. Within this framework, users can acquire and utilize digital land as NFTs, enhancing the virtual poker experience by constructing personal casinos or linking marketplaces, which are entirely facilitated using PokerFi tokens. The roadmap envisages future expansions that include partnership developments, a unique marketplace for token use, and tools such as credit cards to promote wider adoption. Led by Renato Maia, a professional poker figure, PokerFi underscores its commitment to marrying traditional gaming with cutting-edge digital solutions, setting a precedent in the decentralized gaming and finance intersection.
