WPT, the well-known Poker giant operating in the entertainment and gaming fields has now entered the blockchain space.
WPT Joins Hands With FansUnite, Enters Blockchain Arena
World Poker Tour (WTP) and FansUnite have announced a global partnership wherein FansUnite will be integrated into WPT’s service offerings.
FansUnite is a popular sportsbook blockchain protocol that has transformed the world of sports betting with its revolutionary design. It now calls itself a WPT “Official Partner.”
World Poker Tour is internationally recognized in the gaming and entertainment circles. The firm’s foray into the blockchain marks the beginning of a new era. WPT has been defining trends in the poker space for some 16 years now. It is broadcast in some 150 countries around the world.
The collaboration with FansUnite will see partnerships over international TV distribution. It will also see the showcase of the “Plays of the Week” on Heads Up Daily (HUD) on Super Channel in Canada.
It is important to realize that HUD is the new-format multiscreen destination for all things related to video games and Esports.
The collaboration will also involve on-site promotions and player opportunities at the events of the World Poker Tour across Asia and Europe. Furthermore, it will also entail social media cross-promotion.
What Leaders Have to Say
Adam Pliska, the CEO of WPT said, “We are thrilled to introduce FansUnite to the WPT’s millions of poker players and fans across the globe through television, digital media, live events, and more, and we look forward to further strategic partnership integrations and activations with FansUnite.”
On the other hand, Darius Eghdami, the CEO of FansUnite said, “Over the last two decades, the World Poker Tour has been at the forefront of gaming entertainment.”
Speaking of “WPT’s worldwide reach, instant name recognition, hundreds of thousands of players and millions of fans make them the class of their industry.”
“This partnership introduces FansUnite to millions of poker enthusiasts across the globe, and gives WPT partners the first look at our industry-changing technology.”
FansUnite and the Blockchain
FansUnite is a blockchain-based platform for sports data applications— all things that pertain to sports data. This is in addition to its sportsbook offering.
The protocol has now become an industry standard for apps that target sports betting and sports data. In essence, the protocol uses the blockchain to ensure that the execution of bets is free from any bias and tampering. The bet information is securely and immutably stored on the Ethereum blockchain.
In addition, the platform allows users to build a number of DApps (decentralized apps). This will be useful for betting exchanges, bookmaking, fantasy sports, card-based games, and sports data applications. The apps can charge their fees and set market prices at their own discretion.
In conclusion, the future of sports betting and eSports seems to be secure in the hands of the blockchain. The latter promises to bring transparency in this sector. Will it change the face of this space? Only time will tell!