WPT® and Theta to launch first Web3 digital season pass for WPT Season 19, powered by Theta Metachain
WPT® Season Pass to offer users exclusive access to WPT Seasons 18 and 19 via ThetaDrop Web3 Video Portal, complete with live chat features and an ad-free experience.
San Jose, CA (September 15, 2022) – Theta Labs and WPT® will collaborate to launch the first ever Web3-based digital season pass for a TV show. The WPT Season Pass, released exclusively on Theta blockchain, effectively grants users a 12-month license to WPT content. This innovation is possible due to Theta’s patented Digital Collectables DRM technology, allowing media companies or individual creators to license their content linked to specific tokens on Theta blockchain. This makes the WPT Season Pass transferable and can be transferred or sold to other users who then have their own 12-month license.
“We are proud to partner with Theta to offer users an exclusive way to access WPT Seasons 18 and 19 with the first digital season pass powered by Theta Metachain.” said WPT CEO Adam Pliska. “WPT has always taken a forward-thinking approach to using technology to engage with our users, and this is the next step in bringing more value to our loyal fans.”
Theta was the exclusive streaming partner for last year’s WPT Season 18 and will continue as sponsor for the upcoming WPT Season 19. With a fully ad-free experience and the addition of new engagement features like live chat with other viewers, the Theta WPT experience promises to be a fan favorite that will grow the WPT community.
“We’ve had several successful collaborations with WPT in the past, and we’re excited to continue building our relationship with the Web3 digital season pass,” said Mitch Liu, CEO of Theta Labs. “This type of large-scale project with high numbers of users is an example of what is possible using our upcoming Metachain upgrade to Theta blockchain.”
The WPT Season Pass will be available for sale on ThetaDrop, as well as airdropped for free to all existing WPT NFT holders on ThetaDrop. The WPT Season Pass offers holders access to Season 19 live with no commercials, including all new episodes premiering every Sunday through Feb 2023. It also grants access to digital Season 18 WPT videos not available anywhere else.
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About the World Poker Tour®
World Poker Tour® (WPT®) is the premier name in internationally televised gaming and entertainment with brand presence in land-based tournaments, television, online, and mobile. Leading innovation in the sport of poker since 2002, WPT ignited the global poker boom with the creation of a unique television show based on a series of high-stakes poker tournaments. WPT has broadcast globally in more than 150 countries and territories, and is currently producing its 20th season, which airs on Bally Sports in the United States. Season XX of WPT is sponsored by ClubWPT.com. ClubWPT.com is a unique online membership site that offers inside access to the WPT, as well as a sweepstakes-based poker club available in 43 states and territories across the United States, Australia, Canada, France and the United Kingdom. WPT also participates in strategic brand license, partnership, and sponsorship opportunities. For more information, go to WPT.com.
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About Theta Labs
Theta Labs pioneered Theta Network, the next generation video and entertainment blockchain, and THETA.tv, a leading decentralized live streaming platform. Theta infrastructure enables existing video platforms to drive incremental revenues and reduce content delivery CDN costs while end-users are rewarded for sharing their bandwidth to relay video on any PC, mobile, Smart TV or IoT device. Most recently, the company launched ThetaDrop NFT marketplace in partnership with the World Poker Tour, Katy Perry, Jukin Media and Fuse Media aiming to disrupt the digital collectibles industry.
Theta’s enterprise validator and governance council is led by global leaders including Google, Samsung, Sony, Creative Artists Agency (CAA), Binance, Blockchain Ventures, DHVC and gumi. Theta leverages its user base of millions of viewers on THETA.tv to seed its peer-to-peer video network along with premium content partnerships with Lionsgate, MGM Studios, NASA, and others. Popular video platforms integrated with Theta infrastructure include CONtv Anime, World Poker Tour, Cinedigm, Samsung VR, GameTalkTalk, MovieBloc, Ultra, GFUEL and other OTT media, entertainment, and live streaming services. Strategic corporate investors include Samsung NEXT, Sony Innovation Fund, Bertelsmann Digital Media Investments (BDMI), Creative Artists Agency (CAA), and Silicon Valley VCs including DCM and Sierra Ventures. Learn more at www.thetalabs.org.