Meet Immortal Game, a startup that wants to turn chess into a web3 game with NFTs, play-to-earn rewards, quests, a marketplace and more. Online chess has never been so popular and Immortal Game wants to take advantage of that trend to modernize the game.
The company has raised $15.5 million across two rounds, including a $12 million round in July. With this Series A round, TCG Crypto is leading the round, with Cassius, Greenfield One, Sparkle Ventures, Kevin Durant and Rich Kleiman’s 35V, Blockwall, Kraken Ventures and Spice Capital also participating.
Chess players can already access Immortal Games’s platform on beta.immortal.game. After creating your account, you can choose four chess pieces from your inventory and start playing with someone else.
These chess pieces have been designed by Immortal Game and represent traditional chess pieces, such as pawns, bishops, knights, etc. If you win and manage to complete some side quests (such as “Win with at least 1 of my knights remaining”), you get rewards.
But there’s also a metagame. Special pieces are also NFTs with different rarity levels. You can trade them on Immortal Game’s marketplace for ETH. The company also has utility tokens (CMT) that you can get depending on you leaderboard ranking, and governance tokens (IGE).
From that foundation, Immortal Game has ambitious plans with league tournaments and new game modes. Behind the scenes, the company uses Immutable X as its layer-2 solution on top of the Ethereum blockchain.
“An inflection point in the adoption of blockchain technology for consumer gaming has been reached,” Immortal Game co-founder and CEO Thomas Zaepffel said in a statement. “Chess is a centuries old game that benefits from this technology, preserving its
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