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Cryptocurrency News Articles
MTT SPORTS Rewrites the Rules of the Web3 Poker and E-sports Economy
May 05, 2025 at 09:15 pm
In an exclusive interview with ZEX MEDIA, the CEO of MTT SPORTS took center stage at TOKEN2049 Dubai to deliver a clear message: MTT isn't just raising the stakes—it's rewriting the rules of the Web3 poker and e-sports economy.
At the prestigious TOKEN2049 event in Dubai, executives from MTT SPORTS (MTT) granted an exclusive interview to ZEX MEDIA. The interview focused on the platform’s pivot strategies and future plans, deviating from the usual narrative of token price gains.
This interview aimed to provide a deeper understanding of MTT's value creation model and its three-pronged transformation agenda.
MTT is a Texas Hold'em competition platform operating in the Web3 domain. Its goal is to become the world's premier decentralized e-sports platform.
Unlike most platforms, MTT will not be providing cash tables. Instead, its focus is on tournament-only gameplay.
MTT's ambition is to see MTT Sports become an Olympic-level event in e-sports.
To promote its platform, MTT has set up a 100 BTC reward pool, with one BTC being given out through tournaments every week. These tournaments will be held from Friday to Sunday.
The top 27 players each week will share this Bitcoin.
In addition, MTT will also be hosting a variety of tournaments where players can win MTT tokens. MTT tokens can be used to register for competitions and trade tickets for various events. They can also be used as nodes for staking to earn income.
Q1 2025: Big Wins and Hard Truths
Despite registering 7 million users and boasting a 500k daily active user count, MTT's token price performance in Q1 2025 left room for improvement.
"We're proud of the numbers, but we're not here to just collect registrations. It's time to pivot from scale to quality," shared Joe, CEO of MTT.
"We're burning 1 billion MTT tokens—nearly half our total supply—to reinforce long-term value, build market confidence, and align tokenomics with the next chapter of our journey."
The move is part of a three-pronged transformation strategy aimed at boosting user engagement, token health, and platform sustainability.
The interview highlighted three key pivot points in the platform's evolution:
1. From Free Mining to 'Experience Coupons'
MTT is retiring its free mining competition model, which served its purpose in early traction but is no longer sustainable.
"We're moving from wide-net acquisition to precision incentives. Our new 'Trial Ticket' system will reward users who actually contribute, not just those who show up," explained Joe.
2. 1 Billion Tokens to Be Burned
In a bold deflationary move, MTT will burn 1 billion MTT tokens—nearly half its total supply.
"This isn't a gimmick. We want to reinforce our long-term value, build market confidence, and align tokenomics with the next chapter of our journey."
The burn schedule will align with revenue cycles and be conducted quarterly.
3. Clubs for the Community, By the Community
One of the most anticipated features is the launch of the MTT Club System—a gamified, decentralized framework enabling users to:
• Form regional clubs with shared interests.
• Organize professional leagues and tournaments within the clubs.
• Co-create club tokens and unique experiences.
"We're giving the community tools to build their own experience, from regional preferences to professional-level events. It's true co-creation."
The Next Quarter: Quality, Deflation, and Gamified Social Play
When asked what players can expect in the next quarter, the CEO had this to say:
"TOKEN2049 is our global statement. We're not here chasing hype—we're building a sustainable Web3 sports movement."
The Conversation: A Deeper Dive into MTT's Pivots
The interview with ZEX MEDIA highlighted MTT's commitment to engaging its community and evolving its platform to create lasting value.
While the focus often falls on short-term gains, MTT took a step back to reassess its strategy and align it with its long-term vision.
With a recalibrated token model, community-centric tools, and a roadmap rooted in growth and responsibility, MTT is staking its claim as a serious contender in the decentralized sports arena.
About MTT Sports
MTT Sports is a Texas Hold'em competition platform focusing on the WEB3 field. Our goal is to build the world’s leading decentralized e-sports platform. We only provide Tournament gameplay, not Cash Table. Our goal is to promote MTT sports to become an Olympic event. In order to promote our platform, we have set up 100 BTC as a reward, and one will be given out through tournaments every week, which will be held from Friday to Sunday.
The top 27 players each week will share this Bitcoin. In addition, we also have a wealth of tournaments where you can win MTT tokens. MTT tokens can be used to register for competitions and trade tickets for our various events. They can also be used as nodes for staking
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