Press Release
MTT Sports CEO Joe : “We’re Building Poker for the Next Decade, Not Just the Next Cycle”
TOKEN2049 DUBAI — 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.
From the main stage to the exhibition floor, the buzz around MTT was impossible to miss. As a Platinum Sponsor at this year’s most influential Web3 event, MTT used the opportunity to unveil bold new strategies, address platform challenges head-on, and outline a visionary roadmap that puts sustainability, community, and value creation at the forefront.
“We’re building the world’s leading decentralized Texas Hold’em competition platform”
Opening the interview, CEO Joe shared a succinct but powerful vision:
“We don’t do cash tables. We’re tournament-only. Our ambition? To see MTT Sports become an Olympic-level event in e-sports.”
With a staggering 100 BTC reward pool and weekly tournaments distributing Bitcoin to the top 27 players, MTT has carved out a unique model that rewards skill, community, and fair competition.
Quarterly Report: Big Wins & Hard Truths
Joe didn’t shy away from transparency. The Q1 2025 report showed:
- 618,000+ registered users
- 250,000 new users in Q1
- 30 consecutive BTC tournaments held
- Strong growth in Indonesia (+42%), Cuba (+685%), Russia (+61%)
- Decline in Thailand (-42%), Taiwan (-40%)
- WAU: 81,000, MAU: 213,000
“While we’re proud of the numbers, we’re not here to just collect registrations. It’s time to pivot from scale to quality,” Joe noted.
Strategic Shake-Up: A New Chapter for MTT Token Economy
The CEO revealed a three-pronged transformation strategy aimed at boosting user engagement, token health, and platform sustainability:
🔹 1. Goodbye Free Mining — Hello “Experience Coupons”
MTT is retiring its free mining competition model, which served its purpose in attracting 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,” Joe explained.
🔹 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:
- Create and manage clubs
- Run custom tournaments
- Support multi-currency settlements
- Customize event structures
“We’re giving the community tools to build their own experience, from regional preferences to professional-level events. It’s true co-creation.”
The Road Ahead: Quality, Deflation, and Gamified Social Play
What can players expect in the next quarter?
✅ More meaningful engagement: Experience coupons will help identify and reward high-quality users
✅ A healthier token ecosystem: Quarterly burns to stabilize value
✅ Club-driven expansion: Enriched social gameplay and niche community events
✅ Training grounds: Free teaching venues to nurture new talent and professional players
“TOKEN2049 is our global statement. We’re not chasing hype—we’re building a sustainable Web3 sports movement,” Joe emphasized.
Final Take: The Stakes Are Higher—But So Are the Standards
MTT Sports isn’t just participating in the Web3 game—it’s dealing a whole new hand. With a recalibrated token model, community-centric tools, and a long-term roadmap rooted in growth and responsibility, the platform 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 in 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 node staking to earn income.
For more updates or to join a tournament, visit https://mtt.xyz.
Hong Kong, 17th April 2026 — Hong Kong Web3 Festival 2026 is honored to have MyDex onboard as a Tertiary Exhibition Sponsor.
MyDex is the next-gen intelligent trading platform where humans and AI evolve together. Explore more at https://www.mydex.io/
Following the sellout success of its previous editions, Hong Kong Web3 Festival has announced its return on 20–23 April at HKCEC. Now in its 4th year, this four-day event will once again bring tens of thousands of Web3 professionals, investors, and enthusiasts across the globe to connect, learn and be inspired.
The four-day event will feature over 20 sessions across four stages, bringing together 200+ speakers, 100+ partners, and thousands of Web3 professionals, investors, and enthusiasts across the globe to explore trending topics in crypto finance, AI + Web3, and RWAs.
The conference will also convene top experts and leading Web3 projects to exchange ideas, share best practices and gain perspectives on today’s evolving Web3 landscape. Confirmed speakers include:
Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of Hong Kong
Lu Weiding, Deputy to the People’s National Congress, Vice Chairman to All-China Federation of Industry and Commerce, Chairman and CEO of Wanxiang Group
Mr Joseph H. L. CHAN, JP, Under Secretary for Financial Services and the Treasury, Financial Services and the Treasury Bureau, Hong Kong
Dr. YIP Chee Hang, Executive Director of Intermediaries, Securities and Futures Commission, Hong Kong
Xiao Feng, Chairman of Wanxiang Blockchain, Chairman and CEO of HashKey Group
Duncan Chiu, Legislative Council Member (Technology & Innovation Constituency), Hong Kong
Vitalik Buterin, Co-Founder, Ethereum
Michael Faulkender, Professor of Finance, University of Maryland; Former Deputy Secretary, the U.S. Treasury
Yi He, Co-CEO, Binance
Richard Teng, Co-CEO, Binance
Lennix Lai, Chief Commercial Officer, OKX Global
H.E. Justin Sun, Founder, TRON; Advisor, HTX; Advisor, B.AI
Adeniyi Abiodun, Co-Founder & Chief Product Officer, Mysten Labs
Seiji Yuki, Executive Managing Director, Japan Virtual and Crypto assets Exchange Association & Japan Cryptoasset Business Association
Lily Liu, President, Solana Foundation
Joseph Chalom, CEO, Sharplink
Francis B. Zhou, CEO, Quantum Solutions
Abdelhamid Bizid, Managing Director, BlackRock
Cindy Xu, Managing Director, Head of Asia Fintech and China Financial Institutions and Governments, J.P. Morgan
Akhil Devmurari, Fintech Sector Head, APAC, Payments, J.P. Morgan
Brian Mehler, CEO, Stable
Yat Siu, Co-Founder and Chairman, Animoca Brands
Min Lin, Managing Director, Head of Global Business Development at Ondo Finance
Franklin Bi, General Partner, Pantera Capital
John Cahill, COO, Galaxy Digital Asia
……
And 200+ industry leaders from traditional finance, tech giants, and Web3 projects.
Join Hong Kong Web3 Festival on April 20–23 and be part of an epic Web3 journey: https://luma.com/hkweb3festival_2026
Hong Kong, 14th April 2026 — Hong Kong Web3 Festival is pleased to welcome AurumX as a Primary Exhibition Sponsor for its upcoming 2026 edition.
AurumX is building a next-generation, AI-driven institutional-grade global asset financial trading system. Explore more at https://aurumx.pro
Following the sellout success of its previous editions, Hong Kong Web3 Festival has announced its return on 20–23 April at HKCEC. Now in its 4th year, this four-day event will once again bring tens of thousands of Web3 professionals, investors, and enthusiasts across the globe to connect, learn and be inspired.
The four-day event will feature over 20 sessions across four stages, bringing together 200+ speakers, 100+ partners, and thousands of Web3 professionals, investors, and enthusiasts across the globe to explore trending topics in crypto finance, AI + Web3, and RWAs.
The conference will also convene top experts and leading Web3 projects to exchange ideas, share best practices and gain perspectives on today’s evolving Web3 landscape. Confirmed speakers include:
Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of Hong Kong
Lu Weiding, Deputy to the People’s National Congress, Vice Chairman to All-China Federation of Industry and Commerce, Chairman and CEO of Wanxiang Group
Mr Joseph H. L. CHAN, JP, Under Secretary for Financial Services and the Treasury, Financial Services and the Treasury Bureau, Hong Kong
Dr. YIP Chee Hang, Executive Director of Intermediaries, Securities and Futures Commission, Hong Kong
Xiao Feng, Chairman of Wanxiang Blockchain, Chairman and CEO of HashKey Group
Duncan Chiu, Legislative Council Member (Technology & Innovation Constituency), Hong Kong
Vitalik Buterin, Co-Founder, Ethereum
Michael Faulkender, Professor of Finance, University of Maryland; Former Deputy Secretary, the U.S. Treasury
Yi He, Co-CEO, Binance
Richard Teng, Co-CEO, Binance
Lennix Lai, Chief Commercial Officer, OKX Global
H.E. Justin Sun, Founder, TRON; Advisor, HTX; Advisor, B.AI
Adeniyi Abiodun, Co-Founder & Chief Product Officer, Mysten Labs
Seiji Yuki, Executive Managing Director, Japan Virtual and Crypto assets Exchange Association & Japan Cryptoasset Business Association
Lily Liu, President, Solana Foundation
Joseph Chalom, CEO, Sharplink
Francis B. Zhou, CEO, Quantum Solutions
Abdelhamid Bizid, Managing Director, BlackRock
Cindy Xu, Managing Director, Head of Asia Fintech and China Financial Institutions and Governments, J.P. Morgan
Akhil Devmurari, Fintech Sector Head, APAC, Payments, J.P. Morgan
Brian Mehler, CEO, Stable
Yat Siu, Co-Founder and Chairman, Animoca Brands
Bugra Celik, Head of Digital Assets and Currencies at Global Macro, HSBC
Min Lin, Managing Director, Head of Global Business Development at Ondo Finance
Franklin Bi, General Partner, Pantera Capital
John Cahill, COO, Galaxy Digital Asia
……
And 200+ industry leaders from traditional finance, tech giants, and Web3 projects.
Join Hong Kong Web3 Festival on April 20–23 and be part of an epic Web3 journey: https://luma.com/hkweb3festival_2026
Hong Kong, 14th April 2026 — Hong Kong Web3 Festival is honored to welcome PancakeSwap as a Secondary Exhibition Sponsor for its upcoming 2026 edition.
PancakeSwap is a leading decentralized exchange. Explore more at: https://pancakeswap.finance/swap
Following the sellout success of its previous editions, Hong Kong Web3 Festival has announced its return on 20–23 April at HKCEC. Now in its 4th year, this four-day event will once again bring tens of thousands of Web3 professionals, investors, and enthusiasts across the globe to connect, learn and be inspired.
The four-day event will feature over 20 sessions across four stages, bringing together 200+ speakers, 100+ partners, and thousands of Web3 professionals, investors, and enthusiasts across the globe to explore trending topics in crypto finance, AI + Web3, and RWAs.
The conference will also convene top experts and leading Web3 projects to exchange ideas, share best practices and gain perspectives on today’s evolving Web3 landscape. Confirmed speakers include:
Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of Hong Kong
Lu Weiding, Deputy to the People’s National Congress, Vice Chairman to All-China Federation of Industry and Commerce, Chairman and CEO of Wanxiang Group
Mr Joseph H. L. CHAN, JP, Under Secretary for Financial Services and the Treasury, Financial Services and the Treasury Bureau, Hong Kong
Dr. YIP Chee Hang, Executive Director of Intermediaries, Securities and Futures Commission, Hong Kong
Xiao Feng, Chairman of Wanxiang Blockchain, Chairman and CEO of HashKey Group
Duncan Chiu, Legislative Council Member (Technology & Innovation Constituency), Hong Kong
Vitalik Buterin, Co-Founder, Ethereum
Michael Faulkender, Professor of Finance, University of Maryland; Former Deputy Secretary, the U.S. Treasury
Yi He, Co-CEO, Binance
Richard Teng, Co-CEO, Binance
Lennix Lai, Chief Commercial Officer, OKX Global
H.E. Justin Sun, Founder, TRON; Advisor, HTX; Advisor, B.AI
Adeniyi Abiodun, Co-Founder & Chief Product Officer, Mysten Labs
Seiji Yuki, Executive Managing Director, Japan Virtual and Crypto assets Exchange Association & Japan Cryptoasset Business Association
Lily Liu, President, Solana Foundation
Joseph Chalom, CEO, Sharplink
Francis B. Zhou, CEO, Quantum Solutions
Abdelhamid Bizid, Managing Director, BlackRock
Cindy Xu, Managing Director, Head of Asia Fintech and China Financial Institutions and Governments, J.P. Morgan
Akhil Devmurari, Fintech Sector Head, APAC, Payments, J.P. Morgan
Brian Mehler, CEO, Stable
Yat Siu, Co-Founder and Chairman, Animoca Brands
Bugra Celik, Head of Digital Assets and Currencies at Global Macro, HSBC
Min Lin, Managing Director, Head of Global Business Development at Ondo Finance
Franklin Bi, General Partner, Pantera Capital
John Cahill, COO, Galaxy Digital Asia
……
And 200+ industry leaders from traditional finance, tech giants, and Web3 projects.
Join Hong Kong Web3 Festival on April 20–23 and be part of an epic Web3 journey: https://luma.com/hkweb3festival_2026
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