PokerFi — Introduction

Introduction

PokerFi continues to innovate in the financial transactions system for both live and online poker. A lot has happened over the last few weeks so we wanted to take this opportunity to update the community on some of our most recent developments.

Last month, we burned hundreds of thousands of $PK tokens with the implementation of PokerFi’s autonomy concept, through implementation of decentralized autonomy in a step-by-step manner. With the launch of the PKS governance platform, the future development direction of PokerFi and the authority for the use of platform funds will be handed over to the governance smart contract, which will automatically implement all proposals approved by the vote of PKS holders. This means that you — the community — are wholly in charge of how we will spend the funds to develop and further progress our platform.

While the general cryptocurrency market has hit a speed bump recently, we are forging ahead with our plan to revamp PokerFi and set it up to be a beacon of success for our community.

Don’t forget, the PokerFi platform provides critical benefits to players, including improved Rakeback (up to 70%), passive income on bankroll and freerolls tournaments making us the premier destination for all your crypto-poker needs.

Conclusion

PokerFi is moving ahead with decentralized governance, which will establish a standard benchmark for the entire GameFi world. PokerFi is developing a greener and environmentally-friendly system based on DeFi+NFT by returning the power into the hands of our players and supporters. By creating a safe, transparent token that earns passive income for our holders, we are re-writing the future of poker.