Cointime

Download App
iOS & Android

The International Chess Federation Brings Chess into Web3 on Avalanche

Validated Project

FIDE, the governing body of competitive international chess, is developing Web3 products on Avalanche. Chess has over 500M players globally, and FIDE’s tournaments, including the World Chess Championship and Chess Olympiad, command hundreds of millions of impressions. As part of this partnership, Avalanche and Core will be featured as sponsors at FIDE tournaments, including the upcoming 2022 World Rapid and Blitz Championships, and invest in FIDE’s product development to bring chess into Web3.

Ava Labs will work closely with FIDE to use blockchain to tackle challenges in chess and create operational efficiencies for players and federations, improve game integrity, onboard new generations of players, and power innovation. Some of these opportunities on Avalanche include:

  • Calculating official player ratings on-chain
  • Publishing tournament data on-chain
  • Adding personalized experience on-chain
  • Releasing a FIDE game explorer, powered by on-chain game data
  • Issuing tournament prize pools on Avalanche

Founded nearly 100 years ago, FIDE now links 200 national associations into one international body. The federation oversees the World Chess Championships and the biggest matches played by the most legendary grandmasters, such as Fischer, Kasparov, and Carlsen.

In recent decades, the ancient board game has gone modern. Over 100M people play online chess regularly, competing in 25M+ digital chess matches every day.

Now, chess is set to evolve again on Avalanche.

“We are excited to get into this project. Ava Labs is one of the leaders or rather driving forces behind on-chain technologies, while FIDE is constantly working on improving players’ engagement and experience. Chess is a unique sport, and this cooperation will allow us to unify our community and strengthen the ties between players, clubs, federations and FIDE.” said Emil Sutovsky, CEO of FIDE.

“The possibilities created by bringing chess on-chain are about as limitless as the game of chess itself,” said Emin Gün Sirer, CEO of Ava Labs. “We are thrilled to welcome FIDE to the Avalanche community and ushering chess into a new era together. On Avalanche, players all over the world will experience chess like never before.”

The partnership kicks off at the 2022 World Rapid and Blitz Championship, one of FIDE’s flagship events, in Almaty, Kazakhstan between December 25–30, 2022.

Fans watching online and in-person will see promotion for both Avalanche (AVAX) and Core, a free, self-custody wallet engineered for users to seamlessly and securely use Web3 dApps.

This post is based on materials provided by FIDE. For more information, visit FIDE’S website. Also, please read this important notice.

About FIDE

The International Chess Federation (FIDE) is the governing body of the sport of chess, and it regulates all international chess competitions. Constituted as a non-governmental institution, it was recognized by the International Olympic Committee as a Global Sporting Organization in 1999.

FIDE currently has its headquarters in Lausanne, but it was initially founded in 1924 in Paris under the motto “Gens una Sumus” (Latin for “We are one Family”). It was one of the very first International Sports Federations, alongside the governing bodies of the sports of Football, Cricket, Swimming, and Auto Racing. It is now one of the largest, encompassing 199 countries as affiliate members, in the form of National Chess Federations.

Chess is nowadays a truly global sport, with dozens of millions of players in all the continents, and more than 60 million games on average played every day.

About Avalanche

Avalanche is the fastest, most reliable smart contracts platform in the world. Its revolutionary consensus protocol and novel Subnets enable Web3 developers to easily launch highly-scalable solutions. Deploy on the EVM, or use your own custom VM. Build anything you want, any way you want, on the eco-friendly blockchain designed for Web3 devs.

Comments

All Comments

Recommended for you

  • 38,244.04 DMD Permanently Burned in the Past 7 Days

    On June 25, 2026, the latest on-chain data from DMDAO revealed that a total of 38,244.04 DMD has been permanently burned through the established transaction and wealth management burn mechanisms over the past 7 calendar days.

  • BTC Falls Below $60,000

    Market data shows that BTC has fallen below $60,000, currently priced at $59,954.84, with a 24-hour decline of 4.19%. The market is experiencing significant volatility, so please ensure proper risk management.

  • ETH Drops Below $1600

    Market data shows that ETH has fallen below $1600, currently priced at $1597.55, with a 24-hour decline of 3.81%. The market is experiencing significant volatility, so please ensure proper risk management.

  • Billionaire Philippe Laffont Prefers Investing in Space Over Bitcoin

    Philippe Laffont, founder and portfolio manager of Coatue Management, stated on the Squawk Box program that he is currently unable to determine his stance on Bitcoin. He mentioned that he is rethinking Bitcoin's positioning and expressed a preference for investing in space over Bitcoin. (thestreet)

  • Tech Giants' Data Center Leasing Commitments Exceed $850 Billion

    On June 24, an analysis by Bloomberg of regulatory filings revealed that as tech giants compete to expand their server clusters, the total amount of future data center leasing commitments by large cloud computing companies has continued to rise over the past year, surpassing $850 billion. Last quarter, Meta added leasing commitments of $79 billion, a 76% increase from the previous period; as of March 31, the total reached $182.9 billion. Meta CEO Mark Zuckerberg has stated that the company plans to invest hundreds of billions of dollars in AI infrastructure by 2030. Microsoft followed closely, adding over $41 billion in leasing commitments, bringing its total to $196.6 billion.

  • Address with $34.61 Million Long Position in 21,000 ETH Faces $1.696 Million Loss at 18x Leverage

    According to on-chain analyst Ai Yi, a certain address took a long position of 21,000 ETH with 18x leverage yesterday, amounting to approximately $34.61 million. Currently, it is facing an unrealized loss of $1.696 million, with an opening price of $1,728.5 and a liquidation price of $1,590.1.

  • U.S. 10-Year Treasury Yield Falls to 4.4138%, Lowest Since May 11

    On June 24, the yield on U.S. 10-year Treasury bonds fell to 4.4138%, the lowest level since May 11. The yield on U.S. 30-year Treasury bonds dropped to 4.8572%, the lowest since April 15.

  • Crypto Market Liquidations Reach $134 Million in the Last Hour, with $125 Million in Long Liquidations

    According to CoinGlass data, the total liquidation amount across the network in the last hour reached $134 million, with long liquidations accounting for $125 million and short liquidations amounting to $8.539 million.

  • BTC Falls Below $61,000

    Market data shows that BTC has fallen below $61,000, currently priced at $60,986.03, with a 24-hour decline of 2.88%. The market is experiencing significant volatility, so please ensure proper risk management.

  • Web3 data and AI company Validation Cloud completes $10 million in new round of financing

     Web3 data and AI company Validation Cloud announced a $10 million financing round from True Global Ventures. The company plans to use the funds to expand its AI products and achieve seamless access to Web3 data.