Algorand, the official blockchain partner of the 2021 World Chess Championship, is holding a series of online chess tournaments to celebrate the upcoming Match. The winner will receive a trip and VIP entrance to the World Chess Championship in Dubai.
Algorand, the official blockchain partner of the 2021 FIDE World Championship Match, is holding a series of online chess tournaments to celebrate the upcoming Match. The winner of the Series, which takes place from September to October 2021, will receive a fully-paid trip for two to Dubai to visit the World Chess Championship — the most significant chess event of the decade.
The series leads up to the Championship and is hosted by the FIDE Online Arena, the official FIDE gaming platform. Everyone is invited to sign up and take part in the series. It has been developed by Algorand to give the crypto community and chess fans alike the chance to play in a real chess competition, which features: challenging time controls, qualifier events, and a magnificent prize.
The Algorand Crypto Series consists of four qualifier tournaments and the final showdown, with the first tournament starting on September 26:
1. Algorand Online Series Qualifier #1 — September 26, 15 UTC, time control 3+2 https://arena.myfide.net/tournament/7884
2. Algorand Online Series Qualifier #2 — October 3, 15 UTC, time control 3+2
3. Algorand Online Series Qualifier #3 — October 10, 15 UTC, time control 3+2
4. Algorand Online Series Qualifier #4 — October 17, 15 UTC, time control 3+2
The final, October 24, 15 UTC, time control 3+2.
To enter the final tournament, a player must finish in the top five in one of the qualifying events, so the competition will be fierce, but it’s worth it!
The prize winner and a guest will receive a 4-day trip to Dubai and tickets for the first round of the Championship match. The second-place and third-place winners will receive the Official World Chess set and a one-year subscription to the FIDE Online Arena respectively.
The winners of the Series will be decided in the final on October 24, which will be broadcast live and commentated by a top chess player.
Full tournament regulations can be found on the Series page.
Algorand is the official blockchain partner of the World Chess Championship and the FIDE Online Arena, the official FIDE chess gaming platform. Official FIDE Online Arena ratings and titles which are recognized by FIDE and appear on the players’ official profiles are recorded on Algorand’s decentralized blockchain network in real-time, bringing reliability and transparency to the rating system of digital chess.
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Algorand is building the technology to power the Future of Finance (FutureFi), the convergence of traditional and decentralized models into a unified system that is inclusive, frictionless, and secure. Founded by Turing Award-winning cryptographerSilvio Micali, Algorand developed a blockchain infrastructure that offers the interoperability and capacity to handle the volume of transactions needed for defi, financial institutions and governments to smoothly transition into FutureFi. The technology of choice for more than 700 global organizations, Algorand is enabling the simple creation of next generation financial products, protocols and exchange of value. For more information, visit www.algorand.com.