Cryptocurrency gaming site Virtue Poker has announced a slew of new innovations, including NFTs and a chance to win part of Phil Ivey’s WSOP prize.
The price of Bitcoin, Ethereum and other tokens could be bearish, but Virtue Poker executives hope to generate bullish momentum with the help of Ivey.
The game’s most iconic player joined forces with the crypto poker site in 2017. As part of his role, he is leading a unique promotion that will see a player get a Phil Ivey NFT. The NFT owner will also get 5% of Ivey’s share in the $50,000 WSOP Players Championship.
Virtue Poker is cashing in on the NFT craze
Non-fungible tokens have gradually found their niche in poker over the past 12 months. In addition to blockchain-based artwork from crypto site Poker Dogs Club, mainstream operators including Partypoker, the WSOP, and PokerGO have all released NFTs.
Ivey himself also backed an Ethernity Chain NFT project. The American pro now has a second NFT project with Virtue Poker.
Known as Virtue Poker Dogs (not to be confused with Poker Dogs Club), the collection of 500 NFTs will be available for pre-purchase on June 3. Each Virtue Poker Dog costs 150 GOLD, which are reward credits with a ratio of 1:1. to USD (i.e. 1 GOLD = $1 of value).
Players can own up to five NFTs and they will be released before the end of the summer. In addition to owning a limited edition Virtue Poker Dog, anyone who purchases an NFT will receive the following benefits:
- Free Site Credits
- Access to special events including celebrity tournaments
- A passport to the Virtue Poker Metaverse (once completed), which will provide 2D and 3D digital gaming experiences
Finally, anyone who books any of Virtue Poker’s NFTs before June 22 will be entered into a draw to win a piece of Phil Ivey.
The winner (randomly drawn June 22) will receive a special Phil Ivey Virtue Poker Dog NFT with a digital signature from the man himself.
Your chance to own a piece of Ivey
The winner will also get 5% of Ivey’s share in the $50,000 WSOP Players Championship, which begins June 26. Daniel Cates won the event last year, with just under $1 million. If the event numbers are similar this year, the winner of the Ivey NFT could receive $50,000, which would be enough for their own buy-in for next year’s Players Championship.
Of course, Ivey would have to go deeper into the high-stakes event for that to happen.
Although he often spends the majority of the WSOP playing cash games, Ivey has played more tournaments since winning the WPT Heads-Up Championship in August 2021. In fact, he has landed six top 5 finishes. in super high roller events, including two outright wins, over the past 10 months.
He already got off to a winning start at the 2022 WSOP, finishing seventh in event #2, the $100,000 High Roller Bounty event. If Ivey can maintain this kind of form, the owner of his Virtue Poker Dog NFT could get much more than a digital chip.