Crypto and Chess: FTX Partners with Magnus Carlsen to Host Bitcoin-fueled Che...
On Monday, cryptocurrency exchange FTX announced its latest partnership with chess company Play Magnus Group — a Norway-listed chess company founded by Grandmaster and world chess champion Magnus Carlsen. According to the deal, FTX will become the official partner of the Meltwater Champions Chess Tour. Featuring top 10 players from around the world, the sixth […]
Related News
Following the competition, a replica of Carlsen's NFT trophy was auctioned off to a fan for 6.88 ETH. For the first time in chess history, grandmaster Magnus Carlsen has been awarded a nonfungible token (NFT) trophy for winning an international chess tournament, Meltwater Champions Chess Tour (MCCT). The tournament minted a number of NFT trophies and collectibles to indefinitely preserve the game’s most defining moments. Speaking to Cointelegraph, Carlsen shared his appreciation of the cryptocurrency ecosystem for supporting virtual chess tournaments. The chess champion cited MCCT’s recent....
Ten finalists including Magnus Carlsen and Wesley So will compete for the Champion’s Trophy NFT, while a replica will be made available for auction. An international chess tournament, Meltwater Champions Chess Tour (MCCT), has announced to mint nonfungible token (NFT) trophies and collectibles for preserving the game‘s most defining moments for infinity. The winner of the MCCT will be awarded an NFT trophy, marking the mainstream crypto involvement from the international chess community. The tournament’s finals will see participation from grandmaster Magnus Carlsen and other nine....
FIDE said that it hopes to “welcome a new crypto demographic” through the “gamification of iconic match moments, unique collectibles [and] chess-related art.” Digitalization keeps on coming to one of the oldest games in the world as FIDE, the International Chess Federation, announces its plans for a nonfungible token (NFT) marketplace. The group said that the marketplace, which launches at the end of November, will be called ChessNFT. FIDE is the first global sports federation to create its own NFT ecosystem and it does so ahead of the FIDE World Chess Championship 2021. The event is set....
Chess.com, one of the most popular chess internet sites, has announced it will host a contest called “Cryptochamps,” a crypto-themed chess tournament. The event, which will be sponsored by Coinbase, will feature several important cryptocurrency personalities and will offer prizes that will be donated to charity next month. Crypto Meets Chess at Cryptochamps Chess.com, the largest chess-playing site on the internet, just announced it will host a new cryptocurrency-themed tournament called Cryptochamps. Powered by Coinbase, the online event will pit important crypto influencers....
Magnus Daar. Magnus Daar Esq. of Nova, a law firm based in Sweden, feels that KNC's actions might hurt Sweden's reputation for other companies who started their business in Sweden. Sweden has been the birthplace of many popular companies, services, and products such as Skype, Spotify, and Minecraft. KNC's business methods of illegally denying refunds to Titan customers, and falsely portraying the KNC Titan in a way that makes it seem profitable, are downright dirty as they are illegal. KNC's negative actions are the exception when it comes to Swedish companies, rather than the rule. Also....