Mario Mosböck Partners With CoinPoker to Build the Best Online Poker Site, Showcasing PoR on the Blockchain

Willemstad,
Curacao,
August
9th,
2024,
Chainwire

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,
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
Mosböck
has
partnered
with
the
site
as
a
new
official
ambassador,
alongside
British
pro

Patrick
Leonard.

In
an

X
post,
Mario
Mosböck
stated
the
pair’s
‘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

Card
Player
Magazine,

PokerScout
and

Techopedia.

Unlike
conventional
internet
poker
sites
that
use
fiat
currency,
on
CoinPoker
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
rocked
by
the
Full
Tilt
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
CoinPoker
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
a
decentralized
RNG
(random
number
generator)
software
that
players
can
verify
the
randomness
of
after
every
hand,
utilizing
Ethereum’s
Keccak-256
algorithm.  

CoinPoker
Sign
Mario
Mosböck,
Patrick
‘Pads’
Leonard

28
year
old
Mario
Mosböck,
who
played
as
a
forward
for
Austrian
Football
club
Wiener
Neustädter
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
Jeju
for
$1.1
million,
and
a
runner-up
finish
at
the
2023
WPT
Big
One
for
One
Drop
for
$4.6
million.

Source
–

triton-series.com

Mario
players
under
the
screenname
‘livinmydream’
on
CoinPoker,
often
seen
in
high
stakes
battles
in
$25/$50
PLO
cash
games
and
higher.

Patrick
Leonard
is
a
former
PartyPoker
ambassador
and
currently
ranked
38th
on
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.

https://x.com/padspoker/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

On
its
PoR
report,
CoinPoker
writes:

‘CoinPoker
prioritizes
customer
security
and
peace
of
mind.
Our
operations
are
safeguarded
by
a
Curaçao
eGaming
License,
ensuring
compliance
with
strict
regulatory
standards.
We
demonstrate
our
financial
integrity
through
Proof
of
Reserves,
holding
sufficient
funds
to
cover
all
user
assets.
Proof
of
Reserves
refers
to
the
assets
we
hold
in
custody
for
users
when
they
deposit
funds
into
their
accounts. 

Here
we
provide
proof
that
CoinPoker
has
funds
held
in
reserve
to
cover
all
of
our
users’
assets
1:1,
as
well
as
some
additional
reserves.
It’s
important
to
note
that
this
sum
of
funds
refers
only
to
users’
funds.
CoinPoker’s
corporate
holdings,
which
are
stored
in
wallets
completely
separately,
are
not
factored
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.io,
blockchain.com,
bscscan.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
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
$40k
GTD
Sunday
Special
tournament,
on
the
company’s

Instagram
and
other

socials.

About
CoinPoker

Licensed
in
Curaçao,
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
2000
USDT
matching
bonus
on
their
first
deposit,
and
holders
of
the
site’s
native
cryptocurrency
CHP
earn
33%
rakeback
on
their
play.

Users
can
open
a
Coinpoker
account
here.

Links

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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,
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or
tax
professionals
regarding
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specific
situations.
The
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and
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make
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in
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Reliance
on
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provided
in
this
article
is
solely
at
your
own
risk.

Contact

CoinPoker
[email protected]