On May 22, GameFi project Gala Games announced that it has partnered with Las Vegas poker streaming platform PokerGO to launch a new Web3 social poker game. Dubbed PokerGO Play, users will have the ability to enhance and upgrade their players in addition to redeeming real-world prizes. PokerGO is scheduled for beta testing in June, with the full release being available later this year.
In May 2022, PokerGO released its 1,326 Genesis nonfungible tokens (NFT) collection representing all of the possible starting hand combinations in Texas Hold’em. The collection has around 52 Ether (ETH) in cumulative volume traded with a floor price of 0.1 ETH. At the time, perks for NFT holders included but weren’t limited to “chances to win cash, memorabilia, and merchandise when their hand appears in winning moments.“ As part of the May 22 announcement, developers wrote: