VADR team launched a new initiative to launch Checkmate, aimed to promote web3 competitive chess by producing and broadcasting linear and online tournaments for a new generation of players.
This new skills-based platform takes players seriously, providing ways to compete for bragging rights, cash, credits, and in-game assets, and an XR-led, esports-first international chess series. Said in-game assets will be owned by its players, which can also be traded on and off the platform.
Ultimately, Checkmate aims to improve the integrity of online chess matches and provide opportunities for more players to earn an income from a game they love to play.
About 700 million people play the 1500-year-old game of chess, with its popularity skyrocketing during the COVID-19 and the release of Netflix hit mini-series “The Queen’s Gambit.”
“Our research showed that there are over 420 million players between the ages of 18 to 34, and female participation has grown significantly since the release of the Queen’s Gambit. It’s an extremely engaged audience, and the time is right to put a new twist on the Chess experience with the latest tech and some good old broadcasting magic,” said co-founder Curt Jones, former Executive Producer for Fox Sports.
Additionally, Checkmate’s proprietary AI technology and integrity program opens the door to wagering on online Chess in some markets.
“We’ve designed Checkmate to meet the wants and needs of a new generation of chess players. Combining the best of web2 and web3, personalization, reward mechanics, and a broadcast esports series with some of the most engaging graphics the world of chess has seen are the perfect ways to enhance the game and viewer experience for modern competition,” said co-founder Jamie Skella, a World Economic Forum Technology Pioneer Award winner and former top-ranked Counterstrike and MTG: Arena player.
Chess is one of the few competitive online games that can be played internationally. It is asynchronous and not so reliant on server locations like traditional video games or for players to be physically present like traditional sports.
The project is VADR’s second major play in the gaming space, following the success of its launch of ‘Let’s Play Live ‘in 2016, which went on to become the largest linear and online esports broadcaster and platform in Australasia.
Checkmate will launch in Q1 2023 on Web and Mobile. Those interested in this upcoming program can visit this website to hear more announcements.