The PHNM Token And You: Why Now Is The Time To Grind

One of the coolest parts of Phenom Poker is the PHNM token, because not only does it provide you ownership in the site, but the token gives you the flexibility to do what you want with it. Want to sell it and realize your value right now? You can do it. Want to save it and watch the token price grow, earning you USDT in perpetuity? You can do that, too.

RISING PHNM VALUES

As Phenom Poker continues to grow, the revenues rise and the price of the PHNM token grows. As a refresher, the token price is calculated as (130 x Net Rake collected over last 4 weeks / Outstanding tokens). Check out all the details here.

If you're holding tokens, that is putting more value in your possession. Take a look at what has happened to the price of PHNM over the last four weeks:

Week 1: 0.30
Week 2: 0.34
Week 3: 0.39
Week 4: 0.47

What this means is that if you earned tokens when they were valued at 0.30 back in Week 1, those tokens are now worth 56.6% more. This is a major differentiator between Phenom Poker and most other sites.

REAL WORLD EXAMPLE

Let's say you decided to give us a shot four weeks back when the price was at 0.30, and you earned yourself 100 USDT in rakeback. On Monday at 12:00 GMT you would have received your rakeback in approximately 333.33 PHNM tokens. Here is what those tokens would be worth in subsequent weeks, even if you didn't play another single hand:

Week 2: 113.33 USDT
Week 3: 129.99 USDT
Week 4: 156.66 USDT

BUT WAIT, THERE'S MORE

Holding tokens isn't only valuable in that they can appreciate as site revenue grows, but they also earn you a share of the site's weekly distributions -- you're an owner, remember? Phenom Poker distributes 50% of the net rake back to token holders. The more tokens you own, the more USDT you'll receive. All of this was under the assumption that you never played another hand after the first week. Imagine what kind of windfall you'd be receiving as a regular player, earning tokens each week as the site continues to grow over time?

When you combine this with the added value that our newly-released leaderboard provides, it's clear that your best opportunity to earn tokens and take advantage of massive upside is now.