Other People's Money: The Murky World of Crowdfunded Poker. Sites like StakeKings and YouStake are making it easy to get in on the action. $ CASH BONUS! Comment your pick between @MagicAntonio and @JeffGrossPoker for who you think will come away with the biggest win. Was ist Staking? Aufgepasst, die englischen Vokabeln Stacking und Staking sehen ähnlich aus und werden dementsprechend oft verwechselt. Sieh dir den Clip von Easterdamnz mit dem Titel „FINAL TABLE 1k GGseries - $ UP TOP!!stakekings!ggaction!study“ an. Sieh dir den Clip von icho90 mit dem Titel „Homegame 1pm on!Natural8!StakeKings“ an. StakeKings Inc. | 47 Follower auf LinkedIn StakeKings is the largest "Skill Games" crowdfunding marketplace in the world. The next version of our platform is.
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Link Quote Reply Last Updated 1 year ago. Pbasniper 1 year ago. Link Quote Reply. Pbasniper said This here as well! I feel like thats who their preying on and i dont know why.
Ranked DFSx42 1 year ago. Zieg30 RG Premium Member. HoneyBadgerDFS said Zieg30 said DFSx42 said But the cash wasn't all his. Instead, he sold off various percentages of his potential profit to a network of backers—and their gamble paid off.
Meyvis didn't know Rast, and no real money changed hands between them. Instead, their financial arrangement was facilitated and processed by StakeKings, a new crowdfunding site that seeks to bring together buyers and sellers of poker action in a simple and transparent marketplace.
For decades, this practice of staking—in which investors fund a gambler's play in exchange for a portion of the winnings—has been a widespread yet underground element of the professional poker world, occurring within an insular network of dedicated gamblers and their associates.
Now, platforms like StakeKings and its chief competitor, YouStake, are trying to make it mainstream. Though it generally goes unnoticed by the casual observer, staking plays a significant—if somewhat controversial role—in the poker ecosystem.
For players, it's a good way to stay solvent. For investors, it's an opportunity to make money from the sidelines.
Although they have some similarities, staking and masternodes are two different things with different reward systems and responsibilities.
When staking coins, you can do it with whatever amount you want at least, in most cases. However, when it comes to masternodes, there is a minimum requirement of coins you need in order to host a masternode.
Setting up a staking ecosystem is easy, and I will discuss it below, while setting up a masternode is a cumbersome task and requires more technical knowledge and not everyone can do it.
When you decide to stake your coins, you set up your wallet to create, approve and validate transactions in the network.
The wallet, you are staking with, goes over the blockchain transactions, checks them and makes sure the people sending the money both have the money and can send them.
When talking about how staking works, I should also mention coin age, maturity period, network weight and total weight.
Coin age refers to the time your coins have been in an address while the maturity period is the number of confirmations needed before you are eligible to start staking.
When you successfully stake coins or move them from one address to another, coin age is reset to 0 and you have to wait for the maturity period again.
Network weight refers to the sum of coins which are mature enough, while total weight refers to the sum of mature coins total.
You might be asking yourself what to do, to start staking crypto coins today. If so, check the steps below:. When it comes to staking, you have two major variants available.
While we went to market as a poker staking website, we really think of ourselves as an engagement and entertainment company. We are already working on the next generation of our platform, which we are really excited about.
With the next generation of our platform, we will continue to come up with exciting and innovative ways to get the most out of a sweat. Continually pushing the envelope to prove to our pros, backers and the poker community that we, truly are, Stake Kings.
To check out the action that StakeKings has, be sure to visit their website. Save my name, email, and website in this browser for the next time I comment.
Leave a Comment Cancel reply Your email address will not be published. Three months later, and Jeremy was still doing media interviews every single day!
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