Virtue Poker, the first poker room built on the Ethereum blockchain, has formed a partnership with Bitcoin Hall of Famer Phil Ivey and NBA Legend Paul Pierce. The partnership, which will include a charity contest and an event to bring awareness to Virtue Poker, will take place at the upcoming World Series of Poker in Las Vegas.
This month, Virtue Poker is partnering with blockchain technology giant ConsenSys to host an online charity poker tournament that will generate donations for a local NYC-based charity. The tournament will be a showcase for Virtue Poker and ConsenSys’s ability to bring the blockchain revolution to charity. “ConsenSys is a pioneer in blockchain technology and we are excited to work with them on this project,” said Virtue Poker CEO, Joe Lubin. “We believe this tournament will be an unprecedented look into how blockchain technology can help charities bring transparency to their operations.”Virtue Poker has unveiled plans for a live televised high-stakes poker tournament involving 12 celebrities on its platform. The winner will donate the proceeds of the tournament to a charity of their choice on Twitch.
celebrity charity tournament including NFT and donations
Virtue Poker, one of the first decentralized casinos to use Ethereum and peer-to-peer networks, will soon host a charity poker tournament on its platform. The event, scheduled for June 22, will feature several well-known industry personalities as well as exclusive prizes and giveaways. Participants in the event include poker pros Brian Rust, Phil Ivey and Paul Pierce, Consensys co-founder Joe Lubin and cryptocurrency entrepreneurs Nick Rose of Ethernity and Elliotrades of Superfarm. In addition to the celebrities, Virtue Poker will choose three lucky members from the community, one from Ethernity, Virtue Poker and Superfarm, to take their seats at the table. The event is a standard No-Limit Texas Hold’em tournament over two rounds with six players at each table. After the first round, three players from each table will advance to the final round. The winner will determine which charity will receive the proceeds from the event. In addition to the charity, Virtue Poker will also partner with Superfarm to release NFTs for each celebrity to use as bonuses during the tournament. The event, which will be streamed live on Twitch and on players’ personal channels, will also feature numerous rewards and giveaways for viewers. By watching the live stream and guessing live, viewers can get a better chance to win special prizes that will be announced during the event. Consensys incubated Virtue Poker in 2016. The decentralized poker platform is led by Ryan Gittleson and has already participated in several successful funding rounds. The company is backed by some of the biggest names in venture capital and private equity, including Pantera Capital, Fenbushi Capital, JRR and others. CEO Ryan Gittleson is confident about the upcoming tournament and comments, Virtue Poker is excited to take another step in awareness by launching the world’s first blockchain-based P2P poker platform. By hosting the Celebrity Poker Charity Event, Virtue Poker will be able to strengthen its community base and showcase the platform to a wider audience. Does anyone have a realistic chance of becoming Phil Ivey again? Tell us what you think in the comments below.
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NFT’s bounty, charity, ConsensYs, decentralized casino, Ethernity, Joe Lubin, NBA, Nick Rose, P2P Poker, Paul Pierce, Phil Ivey, Ryan Gittleson, SuperFarm, Virtue Poker Photo credit: Shutterstock, Pixabay, Wiki Commons, Virtue Poker Denial: This article is for information only. It is not a direct offer or invitation to buy or sell, nor is it a recommendation or endorsement of any goods, services or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author shall be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services referred to in this article.