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Poker is the game of luck & skill that drag most people to test the duo in order to earn huge money. In modern days, the game is played with a deck of 52 cards, and a bet is placed with the help of chips. But the advancement of technology creates a deep impact on this game as the people get another means to play a game, i.e., Online. In the present day, there is a big hype of Metaverse as it gives the true essence of the real world that makes the users experience the same even at home via virtual means.
In this article, you will get to know the future of Poker in the Metaverse, whether will it shine or will sink?
The gambling industry started jumping into the Metaverse to explore their business. Games like ICE Poker and brands like Joker 123 have already changed the way of gambling by entering this giant world. After the massive success of online gambling, Metaverse casinos can be the next option for the players.
Let's see how Poker will adopt the 3D Virtual World, Meta.
A Quick Stats of Poker Tournaments in The Metaverse
Poker is the most popular game among gamblers where a group of people plays with each other. It is a card-based game where the player with the biggest cards wins. It needs confidence and a complete mind to invest in convincing other players to back out, even though you don't have winning cards. Expressions of the gamers play a vital role in judging the opponents in Poker and this section is missing in online gambling.
The companies like Decentral Games have started their first online gambling club called Amnesia Ibiza Club. Amnesia Ibiza is an internationally renowned company that has several clubs around the world. Additionally, ICE Poker is the first online Poker game that has been set up in Metaverse and generated a revenue of $7.5 million in just 3 months. In addition, about 6,000 users log in every day, which makes it an ideal game for the players.
ICE Poker acquired 1,000 active players at present, who invest and play regularly. Also, the companies like Roblox and Axie Infinity are planning to step down on a Decentraland Metaverse to present their online games. This will result in an increase in the competition where online casinos will thrive in the virtual world.
From the above data, we can see that poker tournaments have a bright future in the Decentral World, Meta. Furthermore, the advancement of Metaverse will attract more iGaming companies to choose this platform to make a good profit. In this way, Poker in Metaverse is a win-win situation for the players and the gaming companies.
How Will Poker Tournaments Work In Metaverse?
With the introduction of online games, the gambling industry has already changed the way of playing. Poker games have been developed in Metaverse with a 3D environment where you can play via your Avatar. The environment will give you the ultimate experience of a casino that will boost your gaming skills too.
Now, let's see what all the challenges the Poker will face while stepping into the Metaverse.
3D Environment
Metaverse is a decentralized world that features a 3D virtual place for the people. With this technology, the players won't feel that they are playing online as they will get the complete 3D experience of a real casino. Whereas the online casinos fail to give such an experience, and the players have to rely on such a platform to play the poker games.
Metaverse is going to solve this problem where players can interact with each other through VR and AR technology. This new form of poker playing will make the players more excited and help the poker tournament shine virtually.
Use of NFTs
Non-Fungible Token based on blockchain technology is also an efficient way to earn money. In Metaverse, the iGaming companies are planning to use NFT in the poker games as the winning rewards, and its demand is very high in the digital world. This is another reason why Poker Tournaments are going to flourish in the Metaverse.
Some popular NFTs will be displayed as a reward to attract more and more players. This will result in an increase in revenue for the casino, and players will actively participate to win the reward.
Presence of Avatar
Today's online poker games fail to give the feel of traditional Poker. Everything is graphically designed so that players can't see each other. In Metaverse, you will be playing a live game by the use of a VR & AR headset and creating your own Avatar. This will give the feel of a 3D environment where you will see all the players sitting around you. It will enhance the poker experience and will pull the players to participate in the tournaments.
Poker Clubs
With the increasing popularity of gambling like ICE poker, the poker clubs will be formed by other casinos too. There you can take the membership and can intake all the benefits offered by the club. But before playing, you better install a good poker vpn to hide your identity online.
Players can interact with each other by visiting there without joining any additional platforms like social media. This facility will influence inactive players to participate in poker tournaments.
Fair Poker Games
In today's online Poker, it's very hard to check the authenticity of the platform. Many players use tricks to hack the system and steal all the rewards. The casinos also fail to track these players' activities which affects the genuine players too, and they feel cheated. This issue can be solved when it is conducted in Metaverse.
With the help of blockchain and open-source code, the tournaments will be conducted fairly, and there will be an instant prize distribution through cryptos and NFTs. This way, the decentralized model of the transactions will encrypt all the data and keep it out of reach from the wrong hand. It will also boost the Poker game in Metaverse and build trust among the gamblers.
Conclusion
Poker is the most popular game of all time in the world of gambling. Even now, many players are enjoying it online, but that can’t give the feel of the traditional Poker. Metaverse is going to deliver the traditional way of playing in a virtual form that will revive the real-life feeling of gambling that is left behind.
Going through all the above-mentioned scenarios, we can say that the poker tournaments will thrive in Metaverse. And it going to turn into reality very soon as ICE poker gets successful. And the success of ICE Poker indicates that it will remain the king of the gambling even in the Metaverse.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.