Chess and crypto are becoming familiar bedfellows. They have fallen in love again for the upcoming FTX Crypto Cup 2022. It will be held in August in Miami, USA.
The first was the FTX Crypto Cup with the most-watched chess tournament via the online streaming platform.
The organizations behind the tournament are Play Magnus Group, a global chess gaming organization, and FTX, a cryptocurrency exchange. Together they are bringing the 8 best chess players in the world to Miami. The FTX Crypto Cup 2022 is expected to be the biggest event in the history of the Meltwater Champions Chess Tour.
Sam Bankman-Fried is the CEO and founder of FTX. “Chess is a game open to everyone and anyone, much like blockchain technology, which provides financial opportunities on an institutional scale to all who are unbanked. It will be interesting to see how players continue to innovate, Like we always try to do at FTX, and keep the game moving during the Crypto Cup in Miami.
In 2021, the event offered the largest prize money in online chess history. This year the FTX Crypto Cup will have $210K in prize money. This is in addition to the $100K in bitcoin supplied by FTX.
FTX will sponsor two events. In July, FTX Road to Miami Starting from 10th July will run till 17th Julyth, 16 players will compete in it. Players who made the cut from this round will continue in the next match of the Tour – FTX Crypto Cup, This 15. will run fromth 21. untilscheduled tribe of August
chess player of note
Current world champion Magnus Carlsen is still the overall leader in the season. World number two Ding Liren and rising star Rameshbabu Pragyanand have already qualified for FTX Road to Miami. He finished first and second in May’s Chess Masters tournament.
Andreas Thom Play is the CEO of Magnus Group. “The 2021 edition of the FTX Crypto Cup received the Tour’s highest press coverage at the time. It highlighted the natural intersection of two passionate chess and crypto communities in an exciting tournament, with Magnus winning his first Tour event. “We are thrilled that FTX has agreed to continue expanding its presence in chess by funding a physical event in Miami. This is unlike any other chess tournament we have seen before.”
Chess and crypto are attracting a lot of hype. In fact, the 2022 season of the Meltwater Champions Chess Tour will begin with a star-studded ceremony. Part of this will be the Tour’s first Celebrity Cup. Celebs in attendance will partner with Tour players in a “show of hands and mind”.
This year, the FTX Crypto Cup will give away free NFT keys. “A special key will be given to fans around the world for free,” he says. It will unlock unique fan experiences including fantasy challenges, chess activities and gifts, and $100K in prizes and prizes. It will be distributed throughout the summer and throughout the tournament. ,
You can claim free NFT here using FTX Wallet.
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