International Chess Federation Checks Into Web3 With Avalanche Integration
The International Chess Federation (FIDE), the sport’s governing body, announced Friday it is partnering with the Avalanche blockchain to bring its competitions into Web3. The partnership will create “operational efficiencies for players and federations and improve game integrity,” according to a press release, such as publishing tournament data and player rankings on-chain, as well as AVAX-hosted tournament prize pools.The tie-up also places Ava Labs, the builders behind the Avalanche blockchain, and Core, a self-custody crypto wallet, as featured sponsors at physical chess tournaments around the world, including the World Chess Championship and Chess Olympiad.
Source
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