Here's a summary of the latest news related to CHESS Coin. Bit-Chess, a blockchain-based chess phenomenon, has announced its presale for a decentralized chess platform. Lead by figures such as Elon Musk, the intersection between traditional games, like chess, and blockchain innovation is hitting center stage. Meanwhile, unexpected altcoins are witnessing rapid growth, some even rising by a huge 35% daily after receiving Binance's backing. On a similar note, Tranchess (CHESS) saw a 41% surge on being listed on Binance. Memecoins, often viewed as less innovative, are exploring promising avenues like gaming with Baby Doge launching its first game - Baby Doge Chess. Futures are looking bright with reports predicting that certain crypto coins seem viable for long-term investment as far into the future as July 2024. Play and earn models are proving risky, as evidenced by a Web3 chess game developer shuttering operations due to heavy cheating. Despite potential price declines due to delisting of major cryptos by Binance, tech giants and major chess tournament sponsors like Coinbase continue to invest heavily into the CryptoChess ecosystem. Anichess, another blockchain venture, has successfully secured $1.5M for its decentralized Chess game. The value of chess and its pieces in the crypto world is being explored and understood through machine learning, making progress towards the democratization of new asset classes. Notable chess Grandmaster Garry Kasparov openly supports the idea of cryptocurrency declaring crypto as a symbol of freedom.
CHESS Coin News Analytics from Wed, 30 Sep 2009 07:00:00 GMT to Wed, 11 Sep 2024 08:36:56 GMT -
Rating 8
- Innovation 6
- Information 7