Fast Breakdown
Anichess, a Web3 chess sport from Animoca Manufacturers and Chess.com, formally built-in the brand new $CHECK token on November 12.The token will energy key sport techniques, permitting gamers to make use of $CHECK to enter aggressive tournaments and earn performance-linked rewards.Gamers can stake $CHECK to earn non-transferable Mate Factors (M8), which unlock development perks and better reward tiers throughout the ecosystem.
Anichess, the Web3 chess platform developed by Animoca Manufacturers in partnership with Chess.com, introduced the combination of the $CHECK token on November 13, establishing it because the native utility token for the sport’s rising ecosystem. The token’s integration started with a phased rollout on November 12. This transfer instantly hyperlinks gamers’ strategic talent, artistic contributions, and studying achievements to measurable on-chain worth, shifting past easy click-based incentives.
. @AnichessGame, the Web3 chess platform we developed in partnership with https://t.co/baW2oQYcNs, is saying the combination of the just lately launched $CHECK Token into its gaming expertise.
CHECK is a utility token designed to reward gamers’ talent, creativity, and… pic.twitter.com/sUnFWwjqE1
— Animoca Manufacturers (@animocabrands) November 13, 2025
$CHECK is positioned because the core “Technique Token” for your complete Checkmate Ecosystem, a brand new decentralized community targeted on rewarding mind and creativity throughout gaming, academic, and generative AI experiences. Anichess, which mixes basic chess with revolutionary spell mechanics and has attracted over a million gamers, is the primary title to combine the brand new token absolutely.
Increasing utility and ecosystem Governance
Past gameplay, $CHECK is designed to energy neighborhood involvement and ecosystem growth. The token’s utility consists of offering entry to digital collectibles, cosmetics, and unique token-gated experiences tied to milestone achievements.
Holders of the $CHECK token can even take part within the governance of the Checkmate Ecosystem by voting on key proposals, often called Checkmate Enchancment Proposals (CIPs). This mechanism is meant to information future grants, integrations, and the general path of the ecosystem, beginning with a core team-led construction that plans to transition towards a decentralized, community-driven DAO Council over time. The whole provide of $CHECK is mounted at one billion tokens, with a considerable 59.38% allotted towards neighborhood and ecosystem progress, making certain a sustainable, skill-driven engagement mannequin.
Animoca Manufacturers, a frontrunner in blockchain gaming, is furthering the development of established platforms adopting Web3 expertise. A key initiative is the plan with Republic to tokenize Animoca Manufacturers’ fairness on the Solana blockchain. This vital transfer will democratize entry to the non-public firm’s shares for world buyers.
This tokenization is a mannequin for merging conventional finance with blockchain, remodeling non-public fairness by minting digital tokens on Solana. These tokens will permit for secondary buying and selling on Republic’s platform, all whereas sustaining regulatory compliance. Given Animoca Manufacturers’ intensive portfolio of over 600 Web3 tasks, this technique goals to boost liquidity in non-public markets and democratize possession. The Solana blockchain’s high-performance nature is essential for offering the required pace and scalability to assist these digital transactions.
If you need to learn extra articles like this, go to DeFi Planet and comply with us on Twitter, LinkedIn, Fb, Instagram, and CoinMarketCap Neighborhood.
Take management of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics instruments.”
