CoinPoker Launches $250,000 CoinMasters with Poker Career Package On The Line

Crypto-first poker site CoinPoker has announced the launch of CoinMasters, offering competitors over $250,000 in prizes, including a $100,000 poker career package. 

The CoinMasters format will see players qualify for the Championship Final Table through various unique means. Each time a player wins a daily tournament, they will earn cash as well as a gold or silver coin, depending on the day of the week. 

If a user collects all seven unique coins, they will automatically secure a place at the Final Table, where the winner will be awarded the grand prize. 

The company has also stated that players who earn at least one coin will have the chance to win additional cash prizes through “Hall of Fame Freerolls,” which offer a further $100,000 in prize money. 

Multiple ways to qualify: Collector, Luckbox, Creator

CoinMasters offers multiple ways to qualify for the Championship Final Table, ensuring that everyone has a shot at the top prize:

• The Collector: Be one of the first five players to collect all seven unique coins and earn a guaranteed $10,000 cash prize. Duplicate coins can be traded to complete a collection, and each coin will remain a “tangible trophy” of a player’s achievements. 
• The Luckbox: Every coin earned counts as an entry into a random draw for a “golden ticket” to earn a spot at the Final Table. 
• The Creator: Content creators have the opportunity to shine by producing engaging poker-related content while tagging CoinPoker. The creator deemed most talented by CoinPoker will earn the title of “CoinPoker Creator Champion” and also secure a seat. 

The CoinMasters tournament was developed in collaboration with well-known poker professionals such as Bencb, Patrick Leonard, and Mario Mosböck. 

Players are invited to compete and “reignite the poker dream” with a chance of scooping the tournament series’ top prize, a package that includes $50,000 in cash, a $30,000 sponsorship deal, a $10,000 WSOP Main Event entry, a $10,000 bonus, private coaching and a digital CoinPoker avatar upgrade. 

Players begin the qualification process through daily CoinMasters tournaments. Silver coins are awarded to winners from Monday through Saturday, while a higher-value gold coin is awarded during the Sunday event. Entry fees for these tournaments range from $25 to $150.

Secondary Prize Pools

CoinPoker’s “Hall of Fame Freeroll” series has varying entrance criteria based on coins collected: 

• One coin: Entry into a $50,000 freeroll
• Two coins: Entry into a $30,000 freeroll
• Three or more coins: Entry into a $20,000 freeroll

Countdown Mechanism and Coaching Incentives

Once the first player collects all seven coins, a two-month countdown begins. Alternatively, the countdown ends early if five players complete their collections first. CoinPoker ambassadors will coach final table participants, with the earliest qualifiers receiving the most training time and first pick of available coaches.

CoinPoker users can also take advantage of a plethora of other options. These include a 150% welcome bonus (up to $2,000), 33% rakeback, and leaderboards for MTTs and cash games. The platform recently introduced fiat deposit support in 22 countries and offers instant crypto-based transactions.