Pantera Capital, a Cryptocurrency hedge fund company is planning on running a special promotion where they will give away tickets to the 49th Annual World Series of Poker. The World Series of Poker, held in Las Vegas, started it’s event on May 29th, and will continue to run until July 17th. Winners are to be announced on June 21st.
Pantera will reward seven existing investors with free tickets to the Main Event which takes place July 2nd – July 14th. Prepaid accommodations are to be included with the ticket. For those who are unfamiliar with The World Series of Poker Main Event, it is the largest annual poker tournament which attracts top tier professional poker players, celebrities, and casuals who have $10,000 to blow.
Winners of the giveaway will receive $10,000 for the Main Event buy-in fee, as well as $3000 for flight and hotel costs. Pantera Capital told Bloomberg they received the tickets from Virtue Poker, a decentralized poker platform, as an award for investing in VP’s ICO.
If more than seven existing limited partners express interest, the firm will choose three at random and reserve four tickets for the biggest investors. Pantera intends to announce the winners on June 21.