The Phenom Token
A first-of-it’s-kind digital token designed to generate value for and give power back to the poker community
The Phenom Token Represents Ownership Interest in Phenom Poker
Holders earn Revenue Share and also have Voting Rights. The token is used to distribute ownership to the player community and ensure the players always have a collective say in the future direction of Phenom Poker.
Token Distribution
Phenom is the only poker site that makes every player an owner. Built by the players, for the players, and governed by the player community.
Token Supply
Token Earnings
Token Distribution
Revenue Sharing
Phenom Poker generates revenues like any other online poker site, by charging a small fee for hosting games known as rake.
Holders of the Phenom Token are entitled to 50% of the net rake collected by the site. This revenue share is automatically paid to token holders weekly via stablecoin (USDT) from the previous week’s rake.
Token Redemption
Phenom Tokens may be redeemed at any time in the Phenom Poker app in exchange for stablecoin (USDT). The price-per-token is set weekly and is based on the revenues generated during the prior 4 week period using the following formula:
