ConsenSys Backed Virtue Poker and Binance NFT to Launch “Mystery Box” for Celebrity Tournament on Sept 23
September 22 2021 - 11:41AM
NEWSBTC
The crypto and blockchain space is maturing at a rapid pace. Most
financial industry experts agree that this nascent industry is here
to stay because there are many different use-cases emerging for
blockchain-enabled platforms. In addition to the rise of Bitcoin
(BTC) as a widely accepted medium-of-exchange and store-of-value,
Ethereum (ETH) has become a globally recognized name in the crypto
space. Large corporations such as Visa have acknowledged Ethereum’s
role in the future of finance and its ability to support a wide
range of other applications. A growing number of online platforms
have also been deploying solutions on Ethereum, despite its
relatively slow transaction speeds. Even though there are many
other blockchains that outperform Ethereum in terms of transactions
per second (TPS) and cheaper transaction costs, they do not have
the same powerful network effect that Ethereum has been able to
acquire. There are also many Ethereum scaling solutions such as
Polygon that will aim to make the leading smart contract platform a
lot more efficient in the foreseeable future. Yet Another
Ethereum-powered Platform Virtue Poker, a decentralized platform
developed on the Ethereum (ETH) blockchain, reveals that it will be
holding a Celebrity Charity Poker Tournament, which will be taking
place on September 26, 2021. The charity poker tournament
participants will reportedly include Hall of Fame (HOF) poker
player, Phil Ivey, former NBA all-star Paul Pierce, YouTube’s
superstar Mr. Beast, TRON blockchain founder and serial crypto
entrepreneur Justin Sun, Hollywood actor and accomplished filmmaker
Vince Vaughn, Polygon Co-Founder Sandeep Nailwal, and Ethereum
Co-Founder and ConsenSys founder Joe Lubin. The Binance Mysterybox
Collection To commemorate this special event, the Virtue Poker team
plans to launch a Binance MysteryBox collection, starting on
September 23, 2021 – representing each card in a typical 52
card deck. Collectors who possess the winning hand for each
knockout during the Celebrity Event will get a chance to win prizes
ranging from $2,500 to a $25,000 reward for the top prize.
Participants need to purchase two mystery boxes in order to
assemble a hand. The participants can then trade with each other so
that they can assemble the best poker hand through the secondary
market. The Mystery box will reportedly include an Ace of Spades
that will come with Phil’s digital signature and a $5,000 prize.
Prizes All participants with completed hands can compete and have
an opportunity to win: A $2500 price for the winning hand for each
knockout. If multiple players own the hand, then the $2500 prize
will be split equally among all the winners. Furthermore, the
player who possesses the championship knockout hand will be able to
claim a $25,000 prize. If more than one player is holding the
championship knockout hand, then only 1 player will be randomly
selected to claim the reward Participants are able to collect as
many as (50) completed hands (100 boxes). Participants must also
HOLD the winning hand in their Binance account to be eligible for
the rewards. Winning players should email support@nfkings.io for
confirmation. Freeroll Tournament Virtue Poker will also hold a
freeroll tournament where ALL holders of (2) mystery boxes should
be getting exclusive access to participate in a $10,000 free-roll
tournament on the Virtue Poker platform. Virtue Poker NFT holders
need to send a message to support@nfkings.io with their UID and NFT
screenshot to obtain the Virtue Poker referral code. Supporting NFT
Use-Cases The Virtue Poker team is looking forward to hosting their
Celebrity Tournament and are focused on offering a truly unique NFT
experience for their viewers that plan to tune in. Through their
partnership with leading crypto exchange Binance, they plan to
support the adoption of the Virtue Poker platform and also that of
NFTs. They’ve decided to take this step to show that there’s yet
another real-world use case for non-fungibel tokens or digital
collectibles: interacting through a live event. The team has also
thanked the Virtue Poker community for their support of their
platform as they continue to expand their ecosystem in the nascent
blockchain-enabled gaming industry. As noted in the announcement,
Virtue Poker is described as a decentralized poker platform that
leverages the Ethereum blockchain as well as P2P networking to
offer an online poker platform that is safe, “honest” and fun. It
was established in 2016 within New York-based Consensys, the
leading Ethereum development studio and incubator launched by
crypto billionaire and Ethereum co-founder Joe Lubin back in 2014.
Backed by Consensys and stakeholder Phil Ivey, Virtue Poker aims to
make blockchain or distributed ledger tech (DLT)-powered betting
mainstream.
Ethereum (COIN:ETHUSD)
Historical Stock Chart
From Feb 2024 to Mar 2024
Ethereum (COIN:ETHUSD)
Historical Stock Chart
From Mar 2023 to Mar 2024