CoinPoker Launches New No-Rake Poker App, Signs Abby Merk and Papo MC as Brand Ambassadors
CoinPoker releases a new mobile app featuring a no-rake poker experience, and announces the signing of renowned female player Abby Merk and Spanish-language poker streamer Papo MC as brand ambassadors, further expanding the crypto poker ecosystem.
Cryptocurrency poker platform CoinPoker recently announced the launch of a new app, featuring no-raked poker, and signed two well-known poker figures — Abby Merk and Papo MC — as brand ambassadors. The news has been covered by multiple cryptocurrency and poker media outlets. Although CoinPoker has yet to release full details, the no-rake model and star signings have already sparked community interest.
No-Rake Poker: A Boon for Players
Rake is the commission traditional online poker platforms take from each hand or tournament prize pool, typically ranging from 2.5% to 10% of the pot. CoinPoker's new app claims to completely eliminate rake, meaning players pay no commission in cash games, and tournaments may only have minimal fixed fees. For high-volume players, this can significantly boost long-term profitability. The revenue model for a no-rake setup typically relies on cryptocurrency transaction fees, platform tokenomics, or VIP services.
CoinPoker itself uses cryptocurrencies (such as Bitcoin, Ethereum, and its native token CHP) for deposits and withdrawals, leveraging blockchain technology to ensure transparency and anonymity. The new app aims to offer a smoother mobile experience and may integrate smart contracts for automatic settlement.
Two Ambassadors Signed: Abby Merk and Papo MC
- Abby Merk: An American professional poker player known for her online and live tournament achievements. She has cashed multiple times at the WSOP and ranks high on the Global Poker Index (GPI) women's leaderboard. Her addition will bring more visibility to female players and promote diversity on the platform.
- Papo MC: A Spanish-language poker streamer and content creator with hundreds of thousands of followers on YouTube and Twitch, known for his entertaining commentary and aggressive playstyle. He primarily targets the Latin American market, aligning with CoinPoker's expansion strategy in the region.
The two ambassadors will participate in platform promotions, provide educational content, and may interact with players on no-rake tables under their real identities.
Industry Significance
The no-rake model is not entirely new in the poker industry, but it is usually limited to small platforms or time-limited promotions. As one of the leading cryptocurrency poker platforms, CoinPoker's long-term no-rake strategy could pressure other platforms to follow suit or adjust their rake structures. Meanwhile, signing mainstream poker personalities signals that crypto poker is transitioning from the tech geek niche toward mass entertainment.
However, players should note that no rake does not mean no cost. Cryptocurrency volatility, withdrawal fees, and platform security are all factors to consider. It is advisable for players to carefully read the platform's terms before participating and start with small stakes tests.
Outlook
As of now, CoinPoker has not announced the exact launch date for the new app, but it is expected to be available for download in the third quarter of 2025. As global regulatory clarity around cryptocurrencies gradually improves, no-rake poker may become a new trend in the online card room industry.
(This article is compiled based on public information. Specific data is subject to the official announcement from CoinPoker.)
FAQ
- No-rake poker means the platform does not charge commission Rake per hand or tournament; players only pay the pot amount. Platforms typically rely on cryptocurrency transaction fees, token sales, or other services within the ecosystem for profit.