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The Markets
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The Markets
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Blockchain & Crypto

Animoca Brands Corporation puts all the pieces together for a blockchain checkmate in chess

The move will see chess players join blockchain and PMG will invite top chess players to support and advise on the implementation of chess engines.

Animoca Brands Corporation Ltd in conjunction with subsidiary Lympo and in partnership with Play Magnus Group (OTCQX:PMGMF) (PMG) is developing Anichess, a blockchain-based chess game with a play-and-earn ecosystem due to launch in 2023.

The game combines the expertise of Lympo, a leading global sports NFT ecosystem and PMG, a global leader in the chess industry that offers entertainment and e-learning services via its chess market brands. Along with Animoca, the companies will merge the worlds of chess and GameFi to create superior gaming experiences.

The move will see chess players join blockchain and PMG will invite top chess players to support and advise on the implementation of chess engines in Anichess to aid novice players and provide casual and experienced players with entertaining gameplay.

Lympo’s $SPORT token will be used as Anichess’ primary utility token, which will act as a gateway to the broader Lympo ecosystem, enhancing the playing experience and value proposition of the game.

“Chess has emerged as one of the fastest-growing esports. By partnering with Play Magnus Group (OTCQX:PMGMF) to create Anichess we will create unparalleled experiences for chess players, casual gamers, and fans,” co-founder and executive chairman of Animoca Brands Yat Siu said.

"The concept of Anichess will amplify the traditional chess experience with a new phenomenal strategic layer that will produce situations never seen before. Well-established game designers, super chess grandmasters, esports stars, and casual gamers are working together to deliver an action-packed blockchain chess experience," stated Tadas Maurukas, CEO and co-founder of Lympo.

About the companies

PMG was founded by Magnus Carlsen in 2013, the same year he became a World Chess Champion, and it is focused on delivering the best online services and experiences to grow the number of chess players globally.

The company has more than 60,000 monthly paying users and serves users worldwide, covering key areas of chess, including learning, playing, competing, coaching, and watching.

Lympo is a seasoned expert in GameFi and Sports NFTs. It will lead the development and launch of Anichess, a chess-inspired blockchain-based game.

The partnership with PMG enables Lympo to access over 30 chess grandmasters, including Magnus Carlsen, Jan-Krzysztof Duda, Liem Le, and others, to advise, monitor, and test Anichess as an immersive gaming experience for experienced and casual chess players, fans, and strategy game enthusiasts.

Lympo is building a GameFi product ecosystem based on officially licensed athletes’ non-fungible tokens (NFTs). Lympo’s products include NFT Minting and NFT Staking Platforms as well as upcoming sports-themed play-and-earn games based on basketball management and chess. Lympo holds the IP rights to more than 50 world-leading athletes, including the reigning five-time World Chess Champion Magnus Carlsen, considered one of the greatest chess players of all time.

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