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Chess grandmaster Magnus Carlsen awarded NFT trophy after tournament win By Cointelegraph

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For the primary time in chess historical past, grandmaster Magnus Carlsen has been awarded a nonfungible token (NFT) trophy for profitable a world chess match, Meltwater Champions Chess Tour (MCCT). The match minted plenty of NFT trophies and collectibles to indefinitely protect the sport’s most defining moments.

Talking to Cointelegraph, Carlsen shared his appreciation of the cryptocurrency ecosystem for supporting digital chess tournaments. The chess champion cited MCCT’s latest partnership with FTX crypto alternate that allowed skilled chess gamers to compete for a prize fund of two.1825 (BTC) ($81,079).