[Phenom Poker] Official Thread

Nobody? I understand this is going to be continuously fluid and I probably didn't word it very well lol

I'm never going to be putting in a ton of volume here unless traffic picks up substantially and I'm not interested in holding phnm for pure speculation so was just curious how hard it is to get actual rev share or if coins are so concentrated among a small handful it'll never be possible for me

Not sure exactly how to calculate it.

It's based on the amount of rake the site earned, and I suppose the percentage of the overall tokens you hold. 50mm being the total minted.

I earned a "whopping" 3.87 USDT this week at 4,445.56 PHNM. So, if I divide that by 3.87 it would be 1,148.72 PHNM? I think that makes sense.

I've been referencing this dashboard https://www.phenompoker.com/phnm-dashboa..., which shows the current weekly rake total. I haven't got confirmation that it is 100% accurate.

It's been showing around 100k rake per week, which is very small compared to some of the big sites. So if you are holding that much PHNM this early, you could be earning some good rev share later on if it gets big.

that's perfect, jay! lets me know I have zero shot at rev share with my volume. appreciate the info bud!

Ya, but if you think about it, if the site 10x's in size from today, it would be like 114.87 PHNM to earn 1 USDT in rev share... I think..

Although it will be hard to earn those PHNM at that point... but if you earn them now and hodl them it will be a lot easier.

I've been doing this for a long time, and this has nothing to do with Phenom and everything to do with the market as a whole, but I find it extremely difficult to imagine a crypto site 10x's it's player pool in the current market environment without massive mainstream marketing.

I've been grinding SWC for like a decade. a lot of positives there. player pool has done nothing but shrink along with every other site. the only one flourishing was WPTGold, and a lot of that had to do with a very known brand, some very high profile promoters, the ease of transacting with the sweeps model to the average player, and a very very soft player pool that was somewhat insulated with the one table cap. as soon as their desktop client gets sorted out and pro's can multi-table those games go from amazing to just good, but the net losers will start losing much faster and will quit depositing. then its just a matter of time till its like every other site.

I like the idea here, but it's a niche within a niche. the market sucks. too much other stuff for people to do online now. very little new blood coming into poker.

Have registred to 0.2-0.5 with 3.79 usdt
And cant dee it

Cards being the same color as most avatars is aids, i dont see any option to change this

Maybe I am missing it but…..

You can display stack in BB , but the pot remains in usdt?

Click the stack of poker chips when someone makes a bet or the amount beneath your name, and it will correct itself. I've noticed it does this initially, it might be a small bug or something.

That works ….. 🙏

I'm probably in the minority.... but i don't want to have to be a blockchain/crypto expert to play poker. It feels like the majority of the focus is on the crypto tech side. I understand the legal restrictions and other reasons why the site is set up this way.... but it's definitely exclusionary for someone like me. I want to register, but I don't see how im gonna be comfortable enough to ever engage with the client to the extent necessary. Anyway, thats what the barrier for entry feels like for someone like me.

I'm again, probably in the minority in terms of who they're excluding, but I also put in a ton of volume every single day on other sites... so they'd want me. I used to play on SWC back in the day, but I think all of this token stuff feels like probably a step too far for me. I'm too old... and not smart enough I guess.... again thats what it feels like for me. Sucks. I love the game offerings, and I hope they have success.

I get it, and its unfortunate.

I've been around crypto for a long time but I'm far from an on-chain expert. the first deposit I made here, forgot to select the proper network and nuked it off into the abyss 😃

to be 100% honest with you, for me personally, it was easiest to use bitcoin cash. after I floated that initial deposit off tyring to use the polygon network I went back to what I know. I've used BCH a lot on bonition because its fast and cheap. was able to grab some and easily send it over for next to nothing.

best of luck with whatever you decide to do, bud.

Thanks for even responding. I really appreciate it.

The extent of my poker/crypto experience was using coinbase, getting banned from coinbase, finding another wallet, using that to fund SWC and then using a BTC ATM to withdrawl when necessary when BTC was at $300 ... oh so long ago, lol.

I'm not looking to hijack the thread and turn it into a crypto thread.... but yeah for sure that's the barrier for entry for me. I don't want a massive learning curve both in knowledge or in -EV cost of doing exactly what you described of either sending the money into never, neverland or losing my wallet passcode? or god knows what else i've done. I just want to play poker and if I win $15, I have $15. I understand there's an opportunity cost to having games available and being able to play the wide array of mixed games they offer. Its why I'm so tempted, but without someone holding my hand with this stuff, I just don't know. It's a steep re-learning curve.

Anyway, thanks again for the response. Like I said, not trying to hijack/derail the thread, but wanted to provide some feedback to the company itself (because I like everything I'm hearing regarding the client offerings) from someone who's played online for years.... currently plays online every day and wants to play on here... but is struggling to take the next step.

you can go into discord and the ceo or a team member will literally babysit you trough the deposit process.

Ok, thank you also for that.... I appreciate all the kind responses.

You are not the minority; many people don't know how to deposit on this site. I brought it up before launch. I had no idea how to buy any crypto... complete noob.

I ended up watching some of their tutorials and figured out how to get some funds on there.
- Deposit on a crypto exchange
- then withdraw to a defi wallet
- had to switch POL to USDT ( had to do this because I think exchanges in my area didn't allow USDT directly )
- then send to my Phenom Wallet

Definitely not straight forward. Most players have a credit card or something and just want to put money on and play. Crypto adoption is growing, they've added other crypto deposit methods. More and more players will eventually get money on there, but I agree it is the biggest issue holding this site back.

If you are still interested, like someone else said, the team is extremely helpful and will walk you through it. Either join the discord or you could also send an email to [email][email protected][/email].

Thank you also.... I appreciate everyone's feedback. It's very supportive.

I actually found and read through an article by Alec Torelli. He brokedown how the site works/token value etc.

My takeaway from the article.... I'm not as smart as Alec Torelli.

As far as how much it helped me with figuring out whether I wanted to deposit and play... and how to do all of that.... not so much lol.

Like many before have said, just join the Discord. Someone will babysit you through the process and then you'll know how to do it. You won't find a poker site with a more helpful and interactable team.

Thank you. Is there a discord link available that anyone could share if it's not too much of a hassle? Not a big deal either way... ill take a look for it regardless. Thanks again to everyone for the feedback.

Go to Phenompoker.com ( don't sign in or anything), scroll to the very bottom of the page to see all the social media channels (they are all white circles with black symbols) and click the discord

Tournaments are coming? NO, TOURNAMENTS ARE HERE!

Phenom has just announced $30k worth of freerolls as MTT are getting ready to launch. Here are the details.

$5k Freeroll - For Gold Tier members ONLY - June 8th, 5pm GMT

$25k Freeoll - For ALL members - June 15th, 5pm GMT

New players should use this link and get a juicy deposit bonus as well: https://play.phenompoker.com/register?r=...

$PHNM has grown to $1.27 from a low of $.27 at the beginning of the year. Now is the time to join!

If you have any questions/issues or need help depositing, DM me and I'm always happy to help.

Are those 2 the only freerolls or will there be any daily or hourly free tournaments? To check the site out a bit?

1. didnt get all rakeback for last week.
2. Anounced freerolls for June 2 - 7, now its another situations
3. Dont say to me go to Discord and work hard for free like tester . Pay for this

Oh...its cool i am owner of Phenom poker. How its good

The full schedule is being worked on as we speak, but yes absolutely there will be regular freerolls.