The FTX Crypto Chess Cup 2021 was just announced and it is already making headlines. In an article titled “The World’s first bitcoin chess tournament” The Sun presents the FTX event of the Meltwater Champions Chess Tour:
“The world’s first bitcoin chess tournament, the FTX Crypto Cup, is being held from May 23. “A cool $100,000 of that is a bonus paid in crypto by new sponsor FTX, the leading cryptocurrency exchange.
“Fans will be able to track the prize pot’s value in real-time throughout the broadcast to see how it fluctuates,” says a press release. The tournament is the final major in this season’s $1.5million Meltwater Champions Chess Tour, the richest and most prestigious online chess event in history. World Champion Magnus Carlsen will take centre stage as the current tour leader, but will face stiff competition in a field of 16 star names.”