Blockchain and cryptocurrencies have been slowly making their way into the realm of gambling ever since Satoshi Nakamoto introduced us to Bitcoin. Now, it seems like there’s a new frontier for blockchain-powered gaming: poker! To help you get started in this burgeoning space, we’ve compiled a comprehensive beginner’s guide to understanding what game theory is all about.

The “nfts art” is a new type of digital asset that can be traded and used in games on the blockchain. It is often referred to as the “Poker 2.0.”

A Complete Beginner's Guide to the Poker NFT Scene

The topic of NFTs has been one of the most talked about topics in the poker world recently. These are digital collectibles – NFT stands for “non-fungible tokens” – that seem to be the industry’s buzz.

These “tokens” are digital moments that may be collected in the same way as baseball cards can, but in a format that allows for much more multimedia possibilities. 

Several poker businesses and players are participating in the NFT, enabling fans to participate. “How do I get my hands on one?” may be a question for those who are new to the procedure.

Here’s an overview of the NFT poker scene and how to get a poker NFT.

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With World Poker Tour memorabilia, ThetaDrop has catered to card players. The NFT collectibles website has made it simple to participate in the craze.

The site enables users to buy NFTs using US dollars or “theta fuel,” the site’s digital currency. The exchange rate of a currency from one day to the next. 

The site’s marketplace enables users to buy and trade NFTs without having to leave the platform. The one-stop store has made it simple for newcomers to join the NFC game. 

On the tokens they want to market, sellers may establish their own price. The “floor” price of the current lowest-priced item is shown on the marketplace. Theta also indicates the number of token releases available, for as #335 or 1,000.

A-Complete-Beginners-Guide-to-the-Poker-NFT-Scene

 

WPT enters the realm of NFT

The WPT was one of the first to get on the NFT bandwagon, releasing the tour’s initial packets in April 2021. These were only available on ThetaDrop and ranged in price. 

A pre-funded drop might be accessed by any interested customer. Buyers were allocated a number on the waiting list at random after the project was financed. Those who had low numbers had a better chance of getting a pack. 

Consumers then had the option of either “opening” or “sealing” the NFT pack. The pack cannot be “closed” after it has been opened and the contents disclosed.

As sealed objects, the packets may be resold. Individual cards may also be sold on the Theta Marketplace if they have been opened. 

Brian Keane, presenter of the Nerdthusiast Poker Podcast, remarked, “I couldn’t believe I got a rare Daniel Negreanu card.” “When I saw that, I knew it was an immediate payday.”

Collectors flocked to add these one-of-a-kind objects to their collections after some cards made significant money.

Theta and partypoker have reached an agreement.

Partypoker is planning to issue NFT cards on TheteDrop, following in the footsteps of WPT. The website has yet to publish an official release date.

However, some poker NFT collectors are eager to join in on the action as a result of recent developments. 

Some of the most memorable moments in partypoker Live history are in store for collectors.

“Partypoker has a 20-year history of incredible hands and spectacular poker moments that have occurred during our live and online tournaments,” said partypoker director Vadim Soloveychik in a statement.

“Through our relationship with Theta, we’re excited to provide gamers with the chance to own a piece of poker history.” Partypoker’s entry into the NFT area excites me tremendously.”

Is it possible that other online poker sites will follow suit?

Swimming NFTs in an OpenSea

OpenSea, in addition to ThetaDrop, is a popular site for token collectors. This website resembles the eBay of the NFT world. Collectors must first register an account before they may purchase or sell.

A short search of the site for “poker” yields a plethora of results, ranging from pixelated poker chips to genuine works of art.

Collectors may make an offer after clicking on an NFT that intrigues them.

It’s unclear if the NFT’s popularity will persist. Many poker players, on the other hand, are having a good time building to their token collections.

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