Chess Champs NFTs enter Concordium blockchain
500 free NFTs!
Become 1 of 500 genesis members when Chess Champs NFTs enter the new Concordium blockchain
Adam: I will give a separate prize to anyone who can explain this phenomenon in plain English! Leave your explanation in the comments below. I hope to see some of you at Muswell Hill tomorrow and Golders Green this Saturday. Please bring your masks and be prepared to wear them indoors and at the board unless both players agree.
Five hundred chess enthusiasts will get the chance to become a genesis member of a growing world of chess NFTs for free to mark a new partnership between Play Magnus Group and Concordium.
“I’ve appreciated my NFT trophy last season and am excited that we will now be able to give away more NFTs to our fans and build a collectors’ community,” said World Chess Champion Magnus Carlsen commenting on the fusion of chess and NFTs.
Now this fusion becomes even more exciting as a new partnership enables Chess Champs, leading provider of chess NFTs, to mint NFTs on the new Concordium Blockchain.
The Concordium blockchain is a future-proof blockchain platform with cost-effective and low-emission transactions. It is founded by Lars Seier Christensen, the Danish entrepreneur who co-founded and helped build Saxo Bank into a global financial powerhouse and who with his investments stands behind multiple blockchain initiatives as well as several sports clubs and two of the world’s top restaurants.
During next season’s Champions Chess Tour, it will also feature the Play Magnus Group’s and MUST Group’s non-fungible tokens (NFTs), called Chess Champs, on its blockchain.
“Concordium’s identity approach on the blockchain is interesting for businesses that want to lead the charge into the metaverse while living up to the highest compliance standards. We believe there is a great use case here in the chess world and are proud to partner with the most strategic and innovative in the sport, “ commented Lars Seier Christensen.
“NFTs represent the way for us to engage with our fans in the future. Concordium’s ability to reduce transaction fees, be eco-friendly, and allow us to offer compliant NFTs in any future scenario is important,” said Play Magnus Group CEO Andreas Thome.
The Play Magnus Group partnered with MUST Group earlier this year to launch the sports world’s first pure NFT trophy for the Champions Chess Tour Finals together, and have since created several series of chess-related NFTs at ChessChamps.io, most notably the trophy that Magnus Carlsen received when he won the Meltwater Champions Chess Tour in October.
“With Concordium, we will be able to engage more chess fans at more affordable and stable transaction fees, opening up many more opportunities for fun innovation and gamification. Already now to celebrate the new partnership we will give away 500 NFTs for free,” remarked Michael Jeppesen, CEO of MUST Group.
“Moving forward, fans of our Champions Chess Tour who open Concordium wallets may encounter some nice surprises in their wallets from time to time,” added Chief Business Development Officer Sebastian J. Kuhnert.
“For me as a player in the Champions Chess Tour, it is exciting to see that digital innovation leaders are moving chess forward in a way that fans and players can both really feel. It is going to be interesting to see which players are going to create the highest value with their NFTs,” commented Grandmaster and World no. 7, Anish Giri.
All matches in the next season of the Champions Chess Tour will be played on www.chess24.com and be free to watch on the platform's Twitch and YouTube channels as well as on ChampionsChessTour.com. The Tour’s Chess Champs NFT collection is available at www.chesschamps.io.
For further comments contact:
Andreas Thome, CEO Play Magnus Group
andreas@playmagnus.com
Lars Seier Christensen, Founder and Chairman, Concordium
lsc@concordium.com
Michael Jeppesen, Founder and CEO, MUST Group
michael.jeppesen@mu.st
Sebastian J. Kuhnert, Chief Business Development Officer, Play Magnus Group
sebastian@chess24.com
How to get a free CCxC Genesis Pawn NFT
On the occasion of the new Chess Champs x Concordium partnership, we give away 500 x $CCD10 and drop 500 CCxC Genesis Pawns!
Register for the Chess Champs Airdrop to receive a $CCD10 gift from Chess Champs, enabling you to buy one of our first 500 CCxC Genesis Pawns.
Become part of a growing world of chess NFTs, and be among the first to join the journey of chess collectibles on Concordium.
About the Champions Chess Tour & Chess Champs
The Champions Chess Tour is the leading online chess Tour worldwide determining the world's best chess player over a full competitive season of online chess. The 2022 season begins in February 2022 and features monthly tournaments culminating in a Final in November 2022. The best chess players in the world are competing in rapid chess. All games take place online on www.chess24.com with players competing for a total prize pool of over USD 1.6 million in 2021 and an even larger, yet to be announced prize pool in 2022. For more information visit www.championschesstour.com. For more information about the Tour’s Chess Champs NFT collection, visit www.ChessChamps.io.
About Play Magnus Group
Play Magnus Group is a global leader in the chess industry focused on providing premier digital experiences for millions of chess players and students. The company offers e-learning and entertainment services via its market leading brands: chess24, Chessable, iChess, New In Chess, Everyman Chess, Silver Knights, Aimchess, the Play Magnus App Suite, and the Meltwater Champions Chess Tour. The Group's mission is to grow chess to make the world a smarter place by encouraging more people to play, watch, study, and earn a living from chess. Play Magnus Group is listed on Euronext Growth Oslo under the ticker PMG. www.pmg.me
About Concordium
Concordium is a Public and Proof-of-Stake blockchain with a unique ID layer at the protocol. Concordium differs from others by offering fast and real finality with low transaction fees, stable in FIAT, expressed in CCD, its native token.
By introducing a built-in identity management at the protocol level and zero-knowledge proofs, Concordium eases compliance by replacing anonymity with perfect identifiable privacy.
About MUST Group
MUST Group is a Copenhagen based company that partners with communities and talent to explore the world of NFTs in order to bring the most surprising and useful applications of this exciting new technology to the market. www.mu.st
Hi Adam. Here's my attempt at explaining an NFT (non-fungible token). Think of it as a crypto coin, such as bitcoin, which is attached to a digital item, such as my profile picture. You could make multiple copies of the jpeg of my face but only one would have the NFT attached to it. So it is a way of making that one picture unique. A digital-only doodle by Banksy would be worth little because it can be copied over and over. Each reproduction would not be a copy of the original but, in fact, another instance of the original. But if you attach an NFT to the doodle it becomes the unique original picture - and so it becomes collectable and tradeable. Unlike a bitcoin, the NFT will have no standalone price but its worth is in the job it does of enhacing the value of what it's attached to. Fungible means it can exchanged or replaced by other things that are exactly the same - such as ten pound notes or barrels of oil. Non-fungible means it is unique.