Animoca Brands and PMG Introduce Chess Into the Metaverse

Animoca Brands will offer Play Magnus Group’s Meltwater Champions Chess Tour to the metaverse. PMG will create Champions Chess Tour experiences in The Sandbox, a major virtual environment for decentralized gaming, and another Animoca Brands subsidiary.

Lympo will make and distribute a Champions Chess Tour NFT collection five years from now. Anish Giri, Magnus Carlsen, and Hans Niemann will be included in Lympo’s animated NFT collections.

Lympo will build unique NFT digital collector cards for each qualified professional chess player. They will be included in the current Lympo ecosystem, and the cards will also be used in future Lympo games.

The ecosystem will also create the Champions Chess Tour’s social tokens, allowing enthusiasts to interact with participants. Holders of the Champions Chess Tour NFTs can buy the tokens and utilize them for voting, lottery, quizzes, and polls.

Lympo is developing an online chess game inspired by Play Magnus Group’s Champions Chess Tour. Simultaneously, Play Magnus Group will enter The Sandbox to create a virtual chess experience for enthusiasts. 

Lympo, an Animoca Brands company, is creating a sports NFT ecosystem around world-class athletes and teams. The Lympo ecosystem will include players, clubs, and unique sports characters created by artists and sports influencers. Users may create NFTs and use them to play Lympo-developed blockchain games.

Animoca Brands co-founder and executive chairman Yat Siu stated that their relationship with Play Magnus Group and its Champions Chess Tour would give unrivaled experiences for chess players, casual gamers, and fans.

Play Magnus Group CEO Andreas Thome backed Yat Siu, adding that his organization believes in the metaverse and its potential for deep fan interaction. Animoca Brands is also a global leader in expanding the open metaverse and is excited to collaborate on chess.

Global chess leader Play Magnus Group delivers outstanding digital chess experiences to millions of players and learners. The Play Magnus App Suite and the Meltwater Champions Tour are market-leading brands of the corporation. The Group’s goal is to encourage more individuals to play, watch, study, and make a living from chess. Play Magnus Group is traded on Euronext Growth Oslo under the ticker PMG.

According to Lympo CEO Ada Jonuse, integrating NFTs with virtual worlds creates a new avenue of communication for chess and Champions Chess Tour fans. They will also collaborate with Animoca Brands and its network of partners to develop something new and immersive.

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Animoca Brands is the industry’s top leader in blockchain, gamification, and digital entertainment. It manufactures and produces things based on prominent intellectual property such as Formula 1®, Disney, MotoGPTM, Power Rangers, WWE, and Doraemon. Among its subsidiaries are Blowfish Studios, GAMEE, Quidd, nWay, Bondly, Pixowl, and Lympo. OpenSea, Axie Infinity, Dapper Labs (NBA Top Shot), Alien Worlds, Harmony, Yield Guild Games, and Star Atlas are among Animoca Brands’ increasing portfolio of NFT-related companies and decentralized initiatives.

The Champions Chess Tour identifies the world’s top chess player throughout an entire competitive online chess season. The 2022 season starts on February 19th and ends on November 30th. Rapid chess matches the world’s best against each other.

Scott Cook

Scott Cook got into crypto world since 2010. He has worked as a news writer for three years in some of the foremost publications. He recently joined our team as a crypto news writer. He regularly contributes latest happenings of crypto industry. In addition to that, he is very good at technical analysis.

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