Home » news » chess will soon be playable as a web3 game thanks to immortal game

Chess will soon be playable as a Web3 game thanks to Immortal Game

This is Immortal Game, a technology company aiming to transform chess into some web3 video game complete with NFTs, play-2-earn prizes, quests, an open market, and much more. Internet chess is becoming increasingly famous, and Immortal Game intends to capitalize on this trend to update the game.

The business has brought up $15.5M in two sessions, the most recent of which was a $12M round last July. TCG Crypto seems to be the lead investor throughout this Series A session, including Spice Capital, Kraken Ventures, Rich Kleiman’s 35V, Kevin Durant, Sparkle Ventures, Greenfield One, and Cassius.

Chess gamers can already use the beta.immortal.game to enter Immortal Games’ framework. After registering for an account, you could select four chess parts from your stock and begin playing against another player.

Immortal Game created these game pieces, portraying classic chess pieces like knights, bishops, pawns, etc. You receive benefits if you earn and finish some story missions, like “win including at least one of the knights surviving.”

There is, however, a metagame. Unique components are, therefore, NFTs with varying rarities. You can exchange them for Digital currencies on Immortal Game’s market system. The firm also provides utility crypto (CMT) based on your scoreboard list and leadership tokens (IGE).

An optimistic team

Immortal Game does have big plans for league competitions and new gameplay modes based on that framework. Immutable X serves as the firm’s layer-2 remedy for the Ethereum platform.

Immortal Game founder and Chairman Thomas Zaepffel declared that implementing distributed ledger technology for customer video games had reached a critical threshold. Chess is a centuries-old sport that can benefit from such an innovation, conserving its legacy while trying to attract a new audience. They are thrilled to have the assistance of 50 Grand Masters as those who continue to spread the word about this excellent game.

Immortal Game presently has 20 people working on it. Every day, the business builds 30 new items. Since last June, the firm’s marketplace has produced 200 ETH in trading volume. There seem to be 50,000 active members, with 5,000 engaged weekly.

This isn’t a large number of individuals, which implies there’s plenty of space for growth.  Millions of individuals use mobile applications and internet outlets to enjoy chess. It may be a profitable business if Immortal Game can persuade even a small percentage of those gamers to attempt the web3 chess framework.

Ali Raza

Leave a Reply

Your email address will not be published. Required fields are marked *