{"id":11737,"date":"2021-07-09T16:39:38","date_gmt":"2021-07-09T16:39:38","guid":{"rendered":"https:\/\/www.legitgambling.com\/news\/?p=11737"},"modified":"2021-07-09T16:39:38","modified_gmt":"2021-07-09T16:39:38","slug":"phil-ivey-to-launch-non-fungible-tokens-themed-royal-flush-poker","status":"publish","type":"post","link":"https:\/\/www.legitgambling.com\/news\/phil-ivey-to-launch-non-fungible-tokens-themed-royal-flush-poker\/","title":{"rendered":"Phil Ivey To Launch Non-Fungible Tokens Themed Royal Flush Poker"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2021\/07\/phil-ivey-nft-collection.jpg\" alt=\"Phil Ivey to launch NFT Collection\" title=\"Phil Ivey To Launch Non-Fungible Tokens Themed Royal Flush Poker\" width=\"300\" class=\"alignleft size-full wp-image-11738\" \/>The <strong>World Poker Tour<\/strong> (WPT) chose to take an unprecedented initiative back in April. <\/p>\n<p>Specifically, the <a href=\"https:\/\/www.top10pokersites.net\/news\/wpt-and-theta-labs-team-up-for-first-ever-real-time-nft-marketplace\">organization decided to enter the non-fungible token industry<\/a> (NFTs.) An NFT, a digital collectable, will be familiar to anyone who has played NBA Top Shot.<\/p>\n<p>Obviously, the tokens in this instance will be based on the <a href=\"https:\/\/www.legitgambling.com\/legal-bitcoin-poker-sites\">game of Poker<\/a>. Now it has been revealed that the merchandise will be named after <a href=\"https:\/\/www.legitgambling.com\/news\/phil-ivey-assets-in-nevada-to-be-seized-by-borgata-casino\/\">famous pro player <strong>Phil Ivey<\/strong><\/a> who confirmed that he will be the face of the NFTs. <\/p>\n<p>Interestingly, the NFTs have been named the <strong>Royal Flush collection<\/strong>, following his winning of $25,000 grand prize at <em>the Heads Up Championship<\/em>. <\/p>\n<p>It is obvious that he won&#8217;t be doing it by himself. To transform the vision into reality, he has collaborated with <strong>Impossible Brief<\/strong> and <strong>Ethernity Chain<\/strong>. Royal Flush is the name of the NFT collection, which will honor famous players and also memorable events in WPT history. <\/p>\n<p><strong>EthernityChain<\/strong><\/p>\n<div style=\"position:relative;height:0;padding-bottom:56.25%\">\n<iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/IrTPf5t33Yo?rel=0&amp;showinfo=0?ecver=2\" width=\"640\" height=\"360\" frameborder=\"0\" style=\"position:absolute;width:100%;height:100%;left:0\" allowfullscreen><\/iframe>\n<\/div>\n<p>&nbsp;<\/p>\n<p>The collection will be organized around a playing card concept of 10, Jack, Queen, King, and Ace, with every card priced as per its face value. Furthermore, only a limited quantity of each card will be offered, and that too only for 72 hours. If the supply runs out before the 72-hour period is over, additional quantities will not be offered.<\/p>\n<p>There are really only 8 Aces among the 100 10-card tokens, which include 75 Jacks, 50 Queens, and 20 Kings. Any digital sale, as one might assume, has a built-in software signature, ensuring that it is distinctive and verifiable. However, there is an intriguing twist: <strong>the NFTs are priced between $199 and $1,999 ERN<\/strong>. ERN is the Ethernity Chain-backed native crypto coin. So, anyone interested in adding the aforesaid NFTs to their own collection will have to deal with <a href=\"https:\/\/www.legitgambling.com\/cryptocurrency\">cryptocurrencies<\/a>. <\/p>\n<p>On the other side, there is a significant financial benefit. Those who can fulfill a set of criteria will be given the chance to play poker with Phil Ivey aboard a luxurious boat in Miami. The criteria include purchasing a Royal Flush token with the numbers 10, Jack, Queen, King, and Ace, as well as one of eight unique Ace tokens. The Aces will be auctioned off with a starting bid of $4,000 ERN. <\/p>\n<p>It&#8217;s a lengthy and arduous list of prerequisites, but there&#8217;s a good possibility that several poker fans would leap at the opportunity to interact and play with the famed Phil Ivey. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The World Poker Tour (WPT) chose to take an unprecedented initiative back in April. Specifically, the organization decided to enter the non-fungible token industry (NFTs.) An NFT, a digital collectable, will be familiar to anyone who has played NBA Top Shot. Obviously, the tokens in this instance will be based on the game of Poker. [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[68,3,1],"tags":[],"class_list":["post-11737","post","type-post","status-publish","format-standard","hentry","category-cryptocurrency","category-poker","category-usa"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Phil Ivey To Launch Non-Fungible Tokens Themed Royal Flush Poker<\/title>\n<meta name=\"description\" content=\"it has been revealed that the merchandise will be named after famous pro player Phil Ivey who confirmed that he will be the face of the NFTs.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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