Immortal Game - the next generation chess platform
by Startacus Admin
Paris-based startup Immortal Game uses blockchain technology to add a new dimension to the most played board game in the world.
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Chess is a game that has been played since the 15th century, and with around 800 million players worldwide today, it shows no signs of losing popularity. The digitisation of chess has been progressing for years, allowing more and more people to play against an AI or other players around the world, and with continued developments in newer tech like blockchain and web3, there are new opportunities to take it even further.
Paris-based startup Immortal Game is running with this opportunity with its platform for blockchain-powered, free-to-play chess. Players can play against each other across the world, compete in leaderboards and tournaments, and they can even learn from the platform’s 50 chess grand masters who act as ambassadors.
Of course, blockchain and web3 can’t be mentioned without the inclusion of non-fungible tokens (NFTs) and cryptocurrency. In Immortal Game, you can collect special NFT chess pieces called Immortals, which are specially designed, extra fancy pieces that have specific ‘quests’ linked to them. By completing those quests, you will earn additional leaderboard points when you win a game. The pieces can be traded, sold, and bought on the platform’s marketplace and live auctions. You can also earn some NFTs through the leaderboards, which award the top players weekly with prizes including NFTs, Ethereum, and more.
Another way to earn Ethereum - the platform’s crypto of choice - is by being a good enough player that you can offer training to other players. The Immortal Academy allows players to earn Ethereum by providing training to others of any skill level, and players in need of that training can watch games from top players to learn from them that way, and then book direct coaching sessions with them to take it further.
In September, Immortal Game announced that they had raised €15.5 million in funding in a Series A round led by TCG crypto, with participation from Greenfield One, Caccius, Sparkle Ventures, 35V, Blockwall, Kraken Ventures, and Spice Capital. This comes after a €3.5 million seed round co-led by Cassius and Greenfield One. This funding is allowing the startup to accelerate development and expansion globally.
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Published on: 24th November 2022
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