NFT for the win: Grandmaster Magnus Carlsen chases a nonfungible trophy

An international chess tournament, Meltwater Champions Chess Tour (MCCT), has announced it will mint nonfungible token (NFT) trophies and collectibles to preserve the game‘s most defining moments forever.  The winner of the MCCT will be awarded an NFT trophy, marking mainstream crypto involvement from the international chess community. The tournament’s finals will see participation from grandmaster Magnus Carlsen and nine other professional chess players, including Wesley So. According to an official statement, Chess Champs will mint two editions of the Champion’s Trophy NFT, allowing fans to obtain a replica of the trophy through an online auction. Moreover, the company will also release a series of NFT collectibles attributed to “the moves, the moments and the players” on the chess tour.
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- CoinRado.com