Blockchain

Eddie Pepperell bags LIFElabs prize money for hole-in-one

TADWORTH, ENGLAND - OCTOBER 11: Eddie Pepperell of England pose for a photo with Luke Chittock, CEO of LIFElabs.io after he scored a hole-in-one during Day One of Sky Sports British Masters at Walton Heath Golf Club on October 11, 2018 in Tadworth, England. (Photo by Luke Walker/Getty Images)

Following the announcement last week that LIFElabs.io had become the first digital currency to officially sponsor a European Tour golfing event, the venture is now providing world number 50 Eddie Pepperell a £10,000 prize, after he sunk the first hole-in-one on the 9th hole at the British Masters yesterday evening.

In line with its commitment to dedicate 30% of its currency (LIFEtokens) to global philanthropic causes, LIFElabs is matching Pepperell’s prize money with a donation to both Cancer Research UK and The European Tour Foundation, whose charity pick for 2018 is The Woodlands Special Needs School.

The European Tour event is taking place at Walton Heath, with the overall winner being revealed after the final round on Sunday, 14^thOctober. The field includes 2013 US Open Champion Justin Rose playing host at the Surrey venue. He will head up a field which also includes the reigning Race to Dubai Champion Tommy Fleetwood.

Scott Thompson

Scott has been working in technology and business journalism for nearly 20 years, with a focus on FinTech, retail, payments and disruptive technology. He has been Editor of such titles as FStech, Retail Systems and IBS Journal and also contributed to the likes of Retail Technology Innovation Hub, PaymentEye, bobsguide, Essential Retail, Open Banking Hub, TechHQ and Internet of Business.