Animoca Brands: the game Anichess adopts the CHECK token, featuring staking, tournaments, and governance
Anichess, a Web3 chess platform developed by Animoca Brands, officially adopts the CHECK token within its gaming ecosystem.
Why the CHECK Token Transforms the Gaming Experience on Anichess?
CHECK is a utility token designed to reward skills, creativity, and community contributions, focusing on real value rather than click activity. It has a fixed supply of 1 billion tokens; 59.38% is allocated to the growth of the community and ecosystem, promoting sustainable and expertise-driven engagement.
Anichess, a title backed by giants: Animoca Brands and Chess.com behind the development
Anichess brings chess into the Web3 world and is developed by Animoca Brands in collaboration with Chess.com. It has already surpassed 1 million players, including grandmasters like Magnus Carlsen and Anish Giri. Furthermore, it is the first game to integrate tokens with a gradual rollout.
As part of the launch, the integration introduces several features:
- access to skill-based tournaments;
- staking of the CHECK token to advance with Mate Points (M8);
- performance-based rewards;
- exclusive collectibles;
- participation in the ecosystem’s governance.
How does the CHECK token work and what are the rewards for players?
The design incentivizes knowledge, skills, and intentional actions, converting them into measurable on-chain value. Compared to click-based models, the Anichess CHECK token focuses on meaningful engagement and long-term growth. That said, the reward mechanics will be activated in phases, in line with the rollout.
Chevan Tin, head of Anichess, comments:
Tokenomics and Governance of CHECK: Key Figures
Additionally, CHECK employs a community-oriented tokenomics model. The total supply is fixed, and a significant portion supports ecosystem growth and performance-related rewards.
| Total Quantity | 1,000,000,000 CHECK |
| Allocation to Community and Ecosystem | 59.38% |
Overall, the integration of the CHECK token transforms skills and strategy into tangible on-chain value, shifting the focus from mere clicks to authentic and sustainable engagement.
You May Also Like
Shifting Tides in Bitcoin: New Challenges Emerge
We see a very good partnership with Venezuela
