Bit-Chess has announced its presale launch creating the world's first fully decentralized chess platform, intending to revolutionize the game using blockchain technology. Recently
Tranchess ($CHESS) experienced a notable price surge, increasing by 40% following its listing on Binance. However, the future sustainability of this increase is under speculation. An astounding breakthrough in DNA computing could potentially convert living cells into functioning blockchains. Notably, Elon Musk's first brain chip patient was able to play online chess using just his mind, signifying a potential leap in innovative technology for the chess industry. Substantial developments with
Web3, the third generation of the internet, involve a chess game developer ceasing play-to-earn due to heavy cheating. Internationally renowned chess masters such as
Magnus Carlsen have shown a keen interest in blockchain technology, with Carlsen even backing Bitcoin. With the participation of such high-profile figures, cryptocurrency in the chess-based market is gaining more legitimacy.
CryptoChamps, powered by Coinbase, is another innovation bringing together the world of chess and cryptocurrencies. The Grandmaster Magnus Carlsen has thrown his weight behind NFTs which could potentially boost interest in chess NFTs. Recent developments also noted Algorand's founder engaging in a chess match that was recorded on blockchain. The integration of the International Chess Federation with
Web3 and projects such as Escape Academy Old Rivals signal a significant wave of blockchain adoption in the chess world.
CHESS Coin News Analytics from Wed, 30 Sep 2009 07:00:00 GMT to Wed, 16 Oct 2024 03:30:00 GMT -
Rating 4
- Innovation 6
- Information 7
- Rumor 3
