The Good Tech Companies - Mario Mosböck Partners With CoinPoker To Build The Best Online Poker Site

Episode Date: August 9, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/mario-mosbock-partners-with-coinpoker-to-build-the-best-online-poker-site. In an X post, Mar...io Mosböck stated the pair’s ‘mission is to guide the new leadership group to build the world’s best online poker site.’ Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #mario-mosbock, #chainwire, #press-release, #mario-mosbock-announcement, #online-poker, #crypto-gaming, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Online poker site CoinPoker has released a proof of reserves (PoR) report showing that user deposits are covered 1:1 in cold wallets, visible on the blockchain. Former Austrian footballer and poker professional Mario Mosböck has partnered with the site as a new official ambassador, alongside British pro Patrick Leonard.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Mario Mosbach partners with CoinPoker to build the best online poker site. By Chainwire. Willemstad, Curaçao, August 9, 2024, Chainwire, online poker site CoinPoker has released a proof of reserves. Poor, report showing that user deposits are covered one-to-one in cold wallets, visible on the blockchain, alongside additional reserves in hot wallets to process instant withdrawals. Praising the move by the crypto-based poker site to increase transparency, former Austrian footballer and poker professional Mario Mosbach has partnered with the site as a new official ambassador, alongside British pro Patrick Leonard. In an ex-post, Mario Mosbach stated the pair's
Starting point is 00:00:45 mission is to guide the new leadership group to build the world's best online poker site. Users can read CoinPoker's proof-of-reserves report here. Building a top online poker site with cryptocurrency founded in 2017, CoinPoker is a relatively new crypto poker room and casino, but increasingly ranked among the top online poker sites by the likes of Cardplayer Magazine, PokerScout and Techopedia. Unlike conventional internet poker sites that use fiat currency, OnCoin poker players bet with Tether, USDT, and the site is able to take advantage of the blockchain to show user funds are safe and segregated. Online poker was
Starting point is 00:01:22 rocked by the Full Tilt Pok poker scandal in 2011, in which user funds were co-mingled with operating funds, and the company went insolvent in the industry's Black Friday. Many top poker sites increasingly accept cryptocurrencies as a deposit method, but coin poker is among a small and growing contingent to go all-in and embrace it for all actions at the poker table. Players can deposit USDT, Bitcoin, Ethereum, Solana, Polygon, Binance Coin or its own native token CHP which unlocks 33% rakeback for holders. For added security, CoinPoker also makes use of Fireblocks Vaults and 8 centralized RNG random number generator software that players can verify the randomness of after every hand
Starting point is 00:02:05 utilizing ethereum's keccak 256 algorithm coinpoker signed mario mosbach patrick pads leonard 28 year old mario mosbach who played as a forward for austrian football club wiener neustadter sc recently made a name for himself on the live and online poker scene. He now has over $11.7 million in recorded live tournament earnings, including a first-place finish at the Triton Super High Roller Series in Jiju for $1.1 million and a runner-up finish at the 2023 WPT Big One for one drop for $4. 6 million, Mario players under the screen name, Live in My Dream, on coin poker, often seen in high-stakes battles in $25 per $50 PLO cash games and higher. Patrick Leonard is a former party poker ambassador and currently ranked 38th on
Starting point is 00:02:59 the England all-time money list by the Hendon Mob Poker Database. His total live earnings exceed $3.1 million, including a WSOP bracelet win, and his online earnings of over $19.2 million have seen the 35-year-old often rated among the best online MTT players in the world. slash slash x.com, Patspoker, status, 1821575144504172892. Also a highly regarded poker coach, Patrick mentors mid-stakes players to improve their games, with some of the grinders under his wing going on to win EPT, WCOOP and scoop events. He describes his goal at CoinPoker to help create the safest and best online poker room in the world and worked alongside the site to produce its proof-of-reserves report. Proof-of-reserves on THE blockchain and its poor report,
Starting point is 00:03:53 CoinPoker writes greater than, CoinPoker prioritizes customer security and peace of mind. Our operations are greater than safeguarded by a Kurosawa e-gaming license, ensuring compliance with strict greater than regulatory standards. We demonstrate our financial integrity through proof of reserves, holding sufficient funds to cover all user assets. Proof of reserves greater than refers to the assets we hold in custody for users when they deposit funds into greater than their accounts. Greater than greater than here we provide proof that CoinPoker has funds held in reserve to cover all of greater than our users' assets one-to-one, as well as some additional reserves. It's important to greater than note that this sum of funds refers only to
Starting point is 00:04:35 users' funds. CoinPoker's corporate greater than holdings, which are stored in wallets completely separately, are not factored greater than into the proof of reserves calculations. At this time, CoinPoker customer deposits total approximately $16 million, and THE total assets held in reserve to cover those is just under $16. $75 million, equal to 105% of deposits. The exact amount of player deposits is updated dynamically every few minutes on the coinpoker.com website. Links are provided to view those funds on the blockchain via Etherscan, I.O., Blockchain, Com, BSC Scan, Com, and other crypto tracking sites depending on the token. The majority of funds are held in cold storage for security, with some in-hot wallets to process
Starting point is 00:05:22 instant withdrawals. players can deposit and withdraw funds within minutes via a Metamask wallet or a crypto exchange account. To celebrate releasing the report, CoinPoker also announced an exclusive promotion for players to gain free entry into the upcoming $40,000 GTD Sunday Special Tournament on the company's Instagram and other socials. About CoinPoker Licensed in Curacao, CoinPoker is available for free download on Windows and Android devices, hosting No Limit Hold'em, Pot Limit Omaha and other game types across real-money cash game and tournament formats. New players earn a 150% up to 2,000 USDT matching bonus on their first deposit, and holders of the site's native
Starting point is 00:06:02 cryptocurrency CHP earn 33% rakeback on Therplay. Users can open a CoinPoker account here. Links website, Instagram, Twitter, Telegram, YouTube, Reddit, 2 plus 2. This article is provided for informational purposes only and is not intended to be construed as legal, financial, or tax advice. Readers should not rely solely on the information presented herein and should consult with their own legal, financial, or tax advice. Readers should not rely solely on the information presented herein and should consult with their own legal, financial, or tax professionals regarding their specific situations. The authors and publisher make no representations or warranties concerning the accuracy or completeness of the information contained in this article.
Starting point is 00:06:40 Reliance when any information provided in this article is solely at your own risk. Contact CoinPoker support at coinpoker.com. Tip This story was distributed as a release by Chainwire under HackerNoon's business blogging program. Learn more about the program here. And thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.

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