The crypto and blockchain area is growing at a quick speed. Many monetary market specialists concur that this nascent industry is here to stay because there are many different use-cases emerging for blockchain-enabled platforms.
In addition to the increase of Bitcoin (BTC) as a widely accepted medium-of-exchange and store-of-value, Ethereum (ETH) has ended up being a globally acknowledged name in the crypto area. Big 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 actually also been releasing options on Ethereum, in spite of its reasonably slow transaction speeds.
Yet Another Ethereum-powered Platform
Virtue Poker, a decentralized platform established on the Ethereum (ETH) blockchain, reveals that it will be holding a Star Charity Poker Tournament, which will be happening on September 26, 2021.
The charity poker competition individuals will apparently consist of Hall of Fame (HOF) poker gamer, Phil Ivey, previous NBA all-star Paul Pierce, YouTube’s superstar Mr. Monster, TRON blockchain creator and serial crypto business owner 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 celebrate this special event, the Virtue Poker team plans to release a Binance MysteryBox collection, beginning on September 23, 2021– representing each card in a typical 52 card deck. Collectors who possess the winning hand for each knockout during the Celeb Occasion will get a chance to win rewards ranging from $2,500 to a $25,000 reward for the top reward.
Participants require to buy two mystery boxes in order to put together a hand. The individuals can then trade with each other so that they can put together the best poker hand through the secondary market.
The Secret box will supposedly consist of an Ace of Spades that will come with Phil’s digital signature and a $5,000 prize.
All participants with finished hands can contend and have an opportunity to win:
A $2500 cost for the winning hand for each knockout. If several players own the hand, then the $2500 prize will be split similarly amongst all the winners. Moreover, the player who possesses the championship knockout hand will be able to declare a $25,000 prize.
If more than one gamer is holding the championship knockout hand, then only 1 player will be arbitrarily selected to claim the reward
Individuals have the ability to collect as lots of as (50) completed hands (100 boxes). Individuals must also HOLD the winning hand in their Binance account to be qualified for the rewards. Winning players need to email [email protected] for confirmation.
Virtue Poker will likewise hold a freeroll competition where ALL holders of (2) mystery boxes should be getting unique access to participate in a $10,000 free-roll competition on the Virtue Poker platform.
Virtue Poker NFT holders require to send a message to [email protected] with their UID and NFT screenshot to get the Virtue Poker referral code.
Supporting NFT Use-Cases
The Virtue Poker team is anticipating hosting their Star Tournament and are concentrated on providing a genuinely special NFT experience for their audiences that prepare to tune in. Through their partnership with leading crypto exchange Binance, they prepare to support the adoption of the Virtue Poker platform and likewise that of NFTs. They have actually chosen to take this action to show that there’s yet another real-world usage case for non-fungibel tokens or digital antiques: connecting through a live occasion.
The team has actually also thanked the Virtue Poker community for their assistance of their platform as they continue to broaden their community in the nascent blockchain-enabled gaming market.
As kept in mind in the statement, Virtue Poker is referred to as a decentralized poker platform that leverages the Ethereum blockchain along with P2P networking to provide an online poker platform that is safe, “honest” and enjoyable. It was developed in 2016 within New York-based Consensys, the leading Ethereum advancement studio and incubator introduced 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.