The Santa Monica-based non-profit Proof of Workforce Foundation has partnered with Bitcoin monetary companies firm Fold and Pickle Pop to prepare a Bitcoin-themed Pickleball tournament, providing a $5,000 prize pool for entrants and winners.
The event is slated to be held on October 18 in Santa Monica, California through the Peer to Pier Bitcoin Festival. That includes each a semi-pro and novice division, the winner of every division will obtain their payouts in bitcoin. Entrants may even have the chance to win Bitcoin {hardware} pockets gadgets offered by CoinKite.
“This will likely be an unimaginable occasion, bringing collectively two gifted and excessive progress communities, Bitcoiners and Pickleballers, to assist artistic re-use of economic area on the third road promenade”, mentioned Proof of Workforce Founder and Santa Monica firefighter Dom Bei.
Earlier this yr, Bei’s Basis partnered with the Metropolis of Santa Monica to launch the Santa Monica Bitcoin Workplace, making it the primary U.S. metropolis to take action.
“The Santa Monica Bitcoin Workplace is already bringing communities and income alternatives to key areas of our financial revitalization technique, and has completed so at zero value to town”, mentioned Metropolis of Santa Monica Vice Mayor Lana Negrete. “That is thrilling and an instance of collaborative and revolutionary concepts to reimagine retail on third Road.”
Brian Harrington, Senior Advertising and marketing Supervisor at Fold, added:
“I’ve liked seeing the Bitcoin neighborhood develop in Southern California through the years and what town of Santa Monica is doing with it’s superb.”
Members can register for the event on the PickleBit event website, the place they may even obtain bitcoin rewards for signing up and taking part in within the event.