The International Chess Federation (FIDE) Comes to the Avalanche (AVAX) Blockchain: Details

Ava Labs, a Web3 organization that oversees the progress and promotion of the Avalanche (AVAX) blockchain, achieves a long-term partnership with FIDE to introduce blockchain solutions to the world of competitive international chess.

FIDE develops Web3 products on Avalanche: Check out major use cases

According to an official statement from the Avalanche (AVAX) team, the blockchain was chosen by FIDE as a technical platform for its upcoming on-chain applications for chess players. Avalanche-centric chess solutions will be used for transparent data processing, tamper-proof experience tracking, and so on.

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Chess chain. This is massive. At least 500m chess players globally, and @FIDE_chess works with Avalanche products with @avalabsofficial. Here are two ways (of MANY) that this partnership can create enormous value for the sport:

A 🧵👇

— 🔺🪵 (@iwillpat) 23 December 2022

FIDE coordinates the operations of 200 national chess federations worldwide: it observes all major world tournaments, including the World Chess Championship and the Chess Olympiad. The development of online chess is particularly important to FIDE, as 100 million out of 500 million chess players globally participate in online matches.

Avalanche’s technical solutions will primarily be used to calculate official player ratings on the chain, share tournament data on the chain, demonstrate personalized experience through public services and so on.

Emil Sutovsky, CEO of FIDE, emphasizes that Ava Labs was chosen as FIDE’s technology partner because of Avalanche’s innovative and resource-efficient design:

We are excited to get into this project. Ava Labs is one of the leaders or rather the driving forces behind on-chain technologies, while FIDE is constantly working to improve the players’ engagement and experience. Chess is a unique sport and this collaboration will allow us to unite our community and strengthen the ties between players, clubs, federations and FIDE

As the next step in the new partnership, Avalanche aims to build a FIDE game explorer powered entirely by on-chain data collected through Avalanche’s smart contracts.

Ava Labs becomes 2022 World Rapid and Blitz Championship sponsor

Blockchain veteran Emin Gün Sirer, CEO of Ava Labs, is excited about the possibilities the new collaboration opens up for chess and crypto enthusiasts around the world:

The possibilities created by bringing chess onto the chain are about as limitless as the game of chess itself. We are thrilled to welcome FIDE to the Avalanche community and together usher chess into a new era. At Avalanche, players around the world will experience chess like never before

The partnership will be officially unveiled at the 2022 World Rapid and Blitz Championships starting in Almaty, Kazakhstan, tomorrow, December 25, 2022.

Ava Labs will sponsor FIDE’s chess tournaments. There will also be tournament prize pools that can be raised publicly on the chain.