Ta’ Xbiex, Malta, Sept. 1, 2021 — Virtue Poker, a decentralized platform built with Ethereum, is hosting a charity tournament that’s mending gaps across chains. The tournament will host Joe Lubin, Justin Sun, Sandeep Nailwal, Vince Vaughn, MrBeast, Paul Pierce, Phil Ivey and more. The winner of the event gets to donate $100,000 to the charity of their choice.
This is also the first online poker tournament to utilize nonfungible tokens as part of the event experience. As such, seats were open to the public via NFT auctions on various blockchains. For example, Binance NFT auctioned “The Golden Ticket NFT” to its community and the winner would be competing in the upcoming game on Sept. 26, 2021. Ethernity held a similar auction with its community to garner public participation in the charitable event.
The players are working with The Giving Block to advance charity efforts on multiple mediums. The Giving Block will help specialize in live viewer donations through its online portal.
This event will be streamed on YouTube and Twitch. On the same note, participation from MrBeast means that the door is open to the 67.5 million subscribers on his channel.
Virtue Poker is famously partnered with Phil Ivey, the “Tiger Woods” of poker — holding 10 of his own World Series of Poker bracelets. Participation from stars such as Phil Ivey and Vince Vaughn serves as a welcomed development in the blockchain ecosystem.
“I’ve shared nothing but pride in the Virtue Poker community,” said Ryan Gittleson, CEO of Virtue Poker, adding, “The players on our platform are hopefully going to feel excitement knowing that this tournament is happening right under their noses. That being said, we are humbled by the participants both in their diverse backgrounds and also the impacts they’ve made in their fields. We’re excited to use this event to both showcase the Virtue Poker platform while raising funds for charitable causes across the globe.”
“The tournament is just one month away,” urged Phil Ivey, the world champion, adding, “I’m excited to get to know these guys a bit better now that I’ve been exposed to blockchain. It’s impressive what this industry has been able to accomplish.”
This event is the first of its kind on Virtue Poker and judging by the community growth, it might not be the last. The number of players on Virtue Poker has increased 400% since the end of May this year. Virtue Poker surpassed 1 million hands since its launch and now boasts over 20,000 players.
About Virtue Poker
Developed within ConsenSys in 2016, Virtue Poker is a decentralized peer-to-peer poker platform based on the Ethereum blockchain. By design, the platform delivers a safe, honest and fun experience for players. Backed by ConsenSys, DFG Group, Digital Strategies, Fenbushi Capital, Flurry Capital, JRR, Pantera Capital and others along with stakeholder Phil Ivey, Virtue Poker endeavors to bring blockchain-based betting to the mainstream globally with its recently acquired Malta gaming license.