FIDE, the world’s most influential chess association, is actively developing a Web3 product for Avalanche (AVAX).
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- FIDE Developing Web3 Products with Avalanche: Explore Key Use Cases
- Ava Labs Sponsors 2022 World Rapid and Blitz Championships
Avalanche (AVAX) Ava Labs, the Web3 organization that oversees the advancement and promotion of blockchain, has entered into a long-term partnership with FIDE to bring blockchain solutions to the competitive world of international chess.
FIDE Developing Web3 Products with Avalanche: Explore Key Use Cases
According to an official statement from the Avalanche (AVAX) team, FIDE has chosen blockchain as the technology platform for its upcoming on-chain applications for chess players. Avalanche-centric chess solutions are used for transparent data processing, tamper-proof experience tracking, and more.
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chess chain. This is massive.At least 500 million chess players worldwide, and @FIDE_ Chess Working on Avalanche products @avalabs officialHere are (many) two ways this partnership can create great value for the sport.🧵👇 https://t.co/RIylgvWDlS
— 🔺🪵 (@iwillpat) December 23, 2022
FIDE coordinates the operations of 200 national chess associations around the world. We monitor all major world tournaments including World Chess Championships and Chess Olympiads. Online chess development is of particular importance to FIDE. Because of his 500 million chess players worldwide he has 100 million participating in online matches.
Avalanche’s technical solutions are mainly used for calculating official player ratings on-chain, sharing tournament data on-chain, and demonstrating personalized experiences with public services.
FIDE CEO Emil Stovsky emphasizes that Ava Labs was chosen as FIDE’s technology partner because of Avalanche’s innovative and resource-efficient design.
We look forward to participating in this project. Ava Labs is one of the leaders and powerhouses of on-chain technology. FIDE is constantly working to improve player engagement and experience. Chess is a unique sport and this cooperation will unite communities and strengthen relationships between players, clubs, federations and FIDE.
As a next step in the new partnership, Avalanche aims to build a FIDE game explorer that uses only on-chain data aggregated through Avalanche’s smart contracts.
Ava Labs Sponsors 2022 World Rapid and Blitz Championships
Blockchain veteran Ava Labs CEO Emin Gün Sirer is excited about the opportunities this new collaboration will bring to chess and cryptocurrency enthusiasts around the world.
The possibilities of putting chess on-chain are as endless as the game of chess itself. We are thrilled to welcome FIDE into his Avalanche community and together lead chess into a new era. Avalanche lets players around the world experience chess like never before
The partnership will be officially announced at the 2022 World Rapid and Blitz Championships, which kicks off tomorrow, December 25, 2022 in Almaty, Kazakhstan.
Ava Labs sponsors FIDE’s chess tournament. It will also feature a tournament prize pool that can be publicly sourced on-chain.
