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Chess and Crypto Collaboration Gains Support

Cryptocurrency and chess have come together in an exciting collaboration between two major platforms – Chess.com and Coinbase – which will allow players to use their Coinbase accounts to purchase tickets for entry into tournaments hosted on Chess.com marking the first time that cryptocurrency has been used officially within competitive chess

A photo depicting a game board with pieces set up ready for play against a backdrop featuring digital coins representing cryptocurrency trading options

A photo depicting a game board with pieces set up ready for play against a backdrop featuring digital coins representing cryptocurrency trading options

Chess and cryptocurrency have recently come together in a unique collaboration that has caught the attention of many. FiveOutOfNine, a crypto-focused Twitter account, recently shared an excited tweet about the venture. The tweet read “Excited to see where they take this - always supportive of chess x crypto”. The collaboration is between two popular platforms – Chess.com and Coinbase – which are joining forces to create a new type of online chess tournament. The tournament will be hosted on Chess.com, but players will be able to use their Coinbase accounts to purchase tickets for entry into the tournament. This is a groundbreaking move as it marks the first time that cryptocurrency has been used in an official capacity within the world of competitive chess. The announcement was met with excitement from both sides of the equation, with many in the crypto community expressing their support for such an innovative move by two major companies. Some believe that this could be just the beginning for cryptocurrency being integrated into other aspects of gaming and sports, while others are simply looking forward to seeing how this particular venture plays out over time. For now, all eyes are on Chess.com and Coinbase as they work together to make this exciting project a reality for their respective communities. It remains to be seen what kind of impact this collaboration will have on both industries going forward, but it certainly looks like it could open up some interesting possibilities down the line for those involved in either field or both at once!