Will NFTs become a thing in poker?
NFTs (non-fungible tokens) are becoming popular online, with tweets and various other things being sold as NFTs.
Do you think NFTs in poker will become a thing? Will famous hand histories from highstakes battles or the prominent HU challenges be sold as NFTs?
Here is a short article on NFTs if you aren't familiar with them. You can also just google and find more information about them.
9 Replies
2024 update wanted.
Only goes back a couple of years but best I can find.
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On the Patpong Museum tour it was pointed out that the price has been roughly a tenth of a baht (unit of weight) of gold since records began.
Not that I hold any gold either - though may go out to about 5 or 10 percent during deaccumulation after I retire.
Only goes back a couple of years but best I can find.
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Lower is better Right?
but what is it a graph of? I don't understand that part
Decentraland had/has the most successful NFT poker afaik.
The currency used is called Mana, which is currently valued at $0.31 from an all time high of $5.12 in 2022.
How much Mana players get is dependant on performance in tournaments and is capped depending on how many poker NFTs you own.
It would be interesting to know how much players can make now, I can't imagine it's much.
so you can actually play poker with these NFTs? what are they icons?
It's pretty hard to explain, but I will try my best lol.
Decentraland is a virtual world where you control an avatar. There are various activities to do, one of which is a poker room.
The poker room hosts daily tournaments, to gain entry to the tournaments your avatar has to be wearing a piece of poker clothing.
The piece of clothing is an NFT which at it's peak sold from about $300 to multiple thousands depending on rarity.
Rare clothing acts as a multiplier to the prizes you get at the end of a tournament.
You can also loan it to other players and receive a % of the winnings they make.
The prizes in poker room are a currency called Mana which is able to be traded for other cryptos.
The piece of clothing is an NFT which at it's peak sold from about $300 to multiple thousands depending on rarity.
And which are currently listed for about $14-$63, and are not exactly selling like hotcakes.
