Checkmate

CHECK Price

About Checkmate (CHECK)

Checkmate is the utility and governance token for Anichess, a decentralized Gaming ecosystem that modernizes the traditional game of chess through spell-based mechanics and digital ownership.

• The project introduces a "Chess 2.0" experience by integrating a unique spell layer that allows players to transform pieces and strategically alter match dynamics.
• Developed by Animoca Brands in partnership with Chess.com, the platform aims to make chess more accessible and engaging for a global audience of over 700 million players.
• The ecosystem utilizes blockchain technology to ensure match data and player performance records are transparent, secure, and tamper-proof.

What Is Checkmate

Checkmate serves as the central token for Anichess, a title designed to advance chess adoption by combining classic strategy with interactive magic elements. The project reimagines the timeless game as an evolving ecosystem where players can compete in matches, participate in community-led initiatives, and own their in-game progress.

Value moves through the system as players engage in spell-based matches and climb global leaderboards to earn rewards. The CHECK token is put to work through staking mechanisms, governance participation, and as a medium for accessing premium features within the Anichess application. As the ecosystem grows, this utility scales by empowering fans to contribute to the game's evolution via decentralized infrastructure, viewing chess as a public good that belongs to its community.

What Makes Checkmate Unique

• Spell-Based Gameplay: Unlike traditional chess, Anichess introduces spells like "Parkour Mech," which can permanently transform a piece into a knight, counting as a strategic move.
• Elite Partnerships: The project is supported by world-class ambassadors, including World #1 Magnus Carlsen and Grandmasters like Anish Giri and David Howell.
• Strategic Accessibility: The spell layer is designed to level the playing field, making the game less intimidating for novices while offering seasoned players a refreshing twist on classic strategy.
• Blockchain Integration: By securing match data on-chain, the platform provides a verifiable and fair competitive environment for all participants.

What Can You Use Checkmate for?

• Governance: Holders can participate in decision-making processes that guide the development and direction of the Anichess ecosystem.
• In-Game Utility: The token functions as an application utility token used to access specific features, spells, and events within the game.
• Rewards and Incentives: Players can earn tokens through competitive play, climbing leaderboards, and contributing to the community.
• Staking: Users may stake their tokens to secure the network's decentralized infrastructure or unlock tiered benefits within the platform.

How Does Checkmate Work?

Checkmate operates on the Ethereum network and is also available on the Base Layer 2 scaling solution. The technical mechanism centers on a decentralized infrastructure that manages the game's spell layer and match records. When a player casts a spell during a match, the action is processed as a move, and the resulting state changes are recorded to ensure transparency.

The project utilizes protocol service fees for various application-level actions, which are paid in CHECK. This setup ensures that the game logic remains consistent across the ecosystem while leveraging the security of the underlying blockchain. By integrating digital ownership, the system allows players to maintain control over their assets and achievements across different seasons of play.

Team Info and Investors

Checkmate was developed by Animoca Brands, a leader in digital entertainment and blockchain gaming, in collaboration with Chess.com, the world's largest chess platform. The project has documented backing from significant industry partners, including Polygon and Mocaverse. The team's background is rooted in gaming and blockchain development, supported by an official partnership with Magnus Carlsen and several other top-ranked chess Grandmasters who serve as project ambassadors.

Where can you buy Checkmate?

CHECK tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade Checkmate is HTX, where the most active trading pair CHECK/USDT has a trading volume of $3,812,923.77 in the last 24 hours. Other popular options include BingX and Aerodrome Slipstream 3.

What is the daily trading volume of Checkmate (CHECK)?

The trading volume of Checkmate (CHECK) is $7,514,567.56 in the last 24 hours, representing a 18.00% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Checkmate (CHECK)?

Checkmate (CHECK) reached an all-time high of $0.1072 and an all-time low of $0.005474. It’s now trading -75.10% below that peak and 387.60% above its lowest price.

What is the market cap of Checkmate (CHECK)?

Market capitalization of Checkmate (CHECK) is $8,087,651 and is ranked #1254 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of CHECK tokens (310 Million tokens are tradable on the market today).

What is the fully diluted valuation of Checkmate (CHECK)?

The fully diluted valuation (FDV) of Checkmate (CHECK) is $26,431,670. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion CHECK tokens are in circulation today. Depending on how the emission schedule of CHECK tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Checkmate compare against its peers?

With a price decline of -15.50% in the last 7 days, Checkmate (CHECK) is underperforming the global cryptocurrency market which is down -6.20%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.

How to add Checkmate (CHECK) to MetaMask?

Adding Checkmate (CHECK) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import CHECK as a token. You can copy CHECK’s contract address (0x9126236476efba9ad8ab77855c60eb5bf37586eb) and import it manually, or if you've installed MetaMask's chrome extension, add CHECK to MetaMask with one click on CoinGecko.

Add CHECK to MetaMask.