Crypto Meets Chess in Coinbase Sponsored Cryptochamps Tournament
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Crypto Meets Chess in Coinbase Sponsored Cryptochamps Tournament

THELOGICALINDIAN - Chesscom one of the best accepted chess internet sites has appear it will host a challenge alleged Cryptochamps a cryptothemed chess clash The accident which will be sponsored by Coinbase will affection several important cryptocurrency personalities and will action prizes that will be donated to alms abutting month

Crypto Meets Chess at Cryptochamps

Chess.com, the better chess-playing armpit on the internet, aloof announced it will host a new cryptocurrency-themed clash alleged Cryptochamps. Powered by Coinbase, the online accident will pit important crypto influencers and added characters adjoin anniversary added starting June 12. Some of the participants of the clash accommodate accepted Bitcoin influencer Anthony “Pomp” Pompliano, architect and CEO Of Optimism Jing Wang, co-founder of Paradigm Matt Huang, Coinshares CSO Meltem Demirors, Civic CEO Vinny Lingham, and the crypto podcaster Peter McCormack.

The influencers will attempt for a absolute award-winning of $25,000 that will be donated in its absoluteness to several charities. First, players will face defining two brackets, with winners activity to the winners’ bracket, and losers continuing in the alleviation bracket. Cryptochamps matches will be broadcasted alive by chess.com on its Twitch channel. This clash is allotment of a themed alternation of contest that chess.com is making, actuality preceded by Pogchamps, addition themed event.

Cryptocurrency & Chess Are Trending

This is not the alone cryptocurrency-related chess championship slated to appear in the abreast future. FTX, the accepted crypto derivatives exchange, is now an official accomplice of the Champions Chess Bout 2021, hosting one of the alone contest in the tour. Called the FTX Crypto Cup, it will affection the accord of several above chess players in the world, alms a award-winning of $320,000, of which $100,000 will be paid in cryptocurrency by FTX.

Coinbase and FTX are now absorbed in bringing cryptocurrency acquaintance to added disciplines and sports, and chess is one of the best important disciplines out there. FTX CEO Sam Bankman Fried accustomed this, advertence that both online chess and agenda accounts were growing rapidly, with its aggregation accepting an absorption in adopting this relationship.

The aggregation Chess.com has been into crypto assets for absolutely some time now. Bitcoin.com News reported on Chess.com actuality assertive by a Bitcoin Cash adherent to acquire the peer-to-peer cryptocurrency for memberships. At that time in March 2019, Erik Allebest, the CEO of Chess.com, noticed about 100 emails in his inbox and absitively to add BCH support.

What do you anticipate about the Cryptochamps chess tournament? Tell us in the comments area below.

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