Former Pokermatch Founder Denys Ustymenko Starts New IT Projects

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Denys is a financial technology (fintech) entrepreneur with extensive knowledge and experience in the IT and fintech industries. Prior to starting his own projects, Denys established himself as a commercial heavyweight after he, together with partners, founded Pokermatch. Pokermatch was formed in 2016 and became one of the leading online poker rooms which operates in major jurisdictions around the world.

As a CFO and partner, his responsibilities included marketing, business development, account management, partnership development, and performance optimization. Denys was also in charge of developing the company's financial and legal structures. Lastly, Denys was instrumental in the sale of Pokermatch to Parimatch Holding in 2021.

Denys has an in-depth understanding of how European businesses are built and is ready to leverage that experience and knowledge into the construction of 1TN. Denys’ experience with Pokermatch allowed him to learn a lot specifically in the context of how to grow and scale a company.

The significance of 1TN

1TN is a global IT crypto processing project that is currently developing a unique solution for the cryptocurrency ecosystem. Based in Portugal, 1TN's license will be subject to final approval by the National Bank of Portugal before it can be used globally. Additionally, due to its innovative secure solutions, the company will be the safest and most dependable cryptocurrency platform. As a result, the crypto-payment world's landscape can be expanded, making cross-border transactions faster, safer, and more convenient.

Through a simple integration, 1TN's services can be used directly in e-commerce or as a white-label offering to clients. Retail, service marketplace, travel and hospitality, airlines and business aviation, professional services (including education platforms), and advertising are the most common business types found here.

Where will crypto go from here?

2022 witnessed many events which adversely affected the crypto market, including the Terra (LUNA) crash, the issues with Three Arrows Capital (3AC), and most recently the FTX controversy. However, there is still plenty of retail and institutional interest in the space and the underlying technology behind crypto, blockchain.

So, while it will always be difficult to ascertain which direction the crypto industry will go with pinpoint accuracy, it is nevertheless a fair assumption to make that this burgeoning sector is here to stay and will only witness a steadily increasing amount of interest and investment over time.

What do Denys and 1TN hope to accomplish in this space?

Denys Ustymenko has adopted a hands-on approach when it comes to 1TN, which may best be understood as a dependable and secure crypto payment gateway. Needless to say, the crypto industry has had numerous ups and downs and although the current bear market is still ongoing, Denys knows how to solve these difficulties due to his experience on the client side.

The primary mission is to assist businesses in overcoming the challenges associated with banking and payment services by providing reliable cryptocurrency payment provider. For his part, Denys is actively working to expand the availability of simple and quick money transfers to help e-commerce grow. 1TN will therefore concentrate on assisting businesses in expanding their borders and reaching a larger audience while avoiding currency volatility.

Moreover, while the projects are still in their early stages, Denys and