Anichess: $1.5M Raised for Decentralized Chess Game

Animoca Brands, a leading digital entertainment company, has announced that its blockchain-based chess game, Anichess, has secured $1.5 million in funding. The investment will allow the company to further enhance and develop the game, which combines the timeless strategy of chess with the power of blockchain technology.

Anichess aims to revolutionize the way traditional chess is played by introducing decentralization and blockchain features. With the backing of this significant funding, Animoca Brands will be able to bring this vision to life, creating a truly immersive and innovative gaming experience.

The $1.5 million investment came from various venture capital firms and angel investors who recognize the potential of Anichess in disrupting the chess gaming market. By leveraging blockchain technology, the game offers players the ability to showcase their skills without the limitations of traditional chess platforms. This funding will enable Animoca Brands to reach a wider audience and develop the game’s features and functionalities.

One of the key advantages of Anichess is its decentralized nature. By utilizing blockchain technology, the game eliminates the need for centralized servers and intermediaries. This ensures that players have complete control over their assets, promoting transparency and enhancing security. Moreover, decentralization allows users to play chess against opponents worldwide, opening up exciting opportunities for global competitions and tournaments.

The funds secured by Anichess will be used to improve the game’s user interface, enhance its graphics, and introduce new features. Animoca Brands plans to incorporate non-fungible tokens (NFTs) into Anichess, allowing players to own, trade, and collect unique in-game assets. This will further enhance the game’s playability, as users can personalize their chess pieces and boards, creating a truly personalized gaming experience.

Anichess also plans to introduce a ranking system that will reward players based on their performance. By using smart contracts, players can earn digital rewards and achievements, which will be stored securely on the blockchain. This innovative approach will incentivize players to improve their chess skills and engage more actively with the game.

The funding secured by Anichess also highlights the growing interest in blockchain-based gaming. As the popularity of cryptocurrencies and decentralized applications (dApps) continues to rise, more investors are recognizing the potential of blockchain gaming. By combining blockchain technology with traditional games like chess, companies like Animoca Brands are paving the way for a new era of gaming.

In addition to the funding, Animoca Brands is actively pursuing partnerships with established chess organizations, chess players, and influencers in the gaming industry. These collaborations will not only promote Anichess but also further establish its credibility and reputation within the gaming community.

With its unique concept and the support of the recent funding, Anichess is poised to disrupt the chess gaming market. By leveraging blockchain technology and introducing decentralized features, the game will offer a new and exciting way to play chess. As Animoca Brands continues to enhance and develop Anichess, players can look forward to an immersive and competitive gaming experience that combines tradition with innovation.