♟️
Radical Chess Whitepaper
  • 📄Table of Content
  • 📥Introduction
    • About Radical Chess
  • 😟Problems
    • Problems Radical Chess looks to solve
    • Decreasing popularity in some markets
    • Loss of interest from kids as they grow up
    • Only the top players can earn money
    • 3rd parties take the lion’s share of profits
    • Lack of new technological features to invigorate the space
    • AI Technology is turning some human players away from the game
    • Nothing to merge the online and offline chess worlds
  • THE WAY AHEAD
  • 😎Solutions
    • Radical Chess Solution
    • Solution to decreasing popularity in some markets
    • Solution to loss of interest from kids as they grow up
    • Solution to only the top players can earn money
    • Solution to 3rd parties take the lion’s share of the profits
    • Solution to lack of new technological features to invigorate the space
    • Solution to AI technology is turning some human players away
    • Solution to nothing to merge the online and offline chess worlds
  • 💰Market Opportunity
  • 💵Play-to-Earn and the Metaverse
  • 🎮Game Mechanics
  • 🖥️Technology Behind Radical Chess
  • 💸Token Utility
  • NFT Utility
    • Which NFTs give access to the Game
    • Why you need the NFT even as a non-gamer
  • 🔮Tokenomics & Sale Details
  • 🛣️ROADMAP
  • 👨‍🏫Team & Background
  • 🔗Useful Links
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Token Utility

PreviousTechnology Behind Radical ChessNextNFT Utility

Last updated 2 years ago

For a token to exist, there must be a reason to have and/or use it. Radical Chess has developed the CHESS token with sustainability in mind. From staking rewards to purchase of NFTs, the CHESS token is at the center of every transaction in the Radical Chess universe. It’s the fuel of our ecosystem.

  • CHESS will be used as the main currency in the NFT marketplace.

  • CHESS can be staked to generate passive income.

  • CHESS will be used on the coaching platform as the only means to transact.

  • CHESS can be used to get entries to tournaments.

  • CHESS will be used as the only means of payment for users who want to add their own custom models.

  • CHESS will be used to get entry into some exclusive game modes.

In addition to chess enthusiasts, we anticipate the play-to-earn aspect of our metaverse will drive a lot of interest, considering the current market attention to GameFi. Since the CHESS token is integral to taking advantage of P2E on the Radical Chess platform, demand for the token should only increase as community members increase.

Simply put, you can’t enjoy and benefit from the Radical Chess platform without the CHESS token. Moreover, the project’s success is tied to the token’s success. While we can’t speculate on price, we can say that token utility works in a way that transaction volume will increase as community members increase.

For example, Chess.com currently has 3.1 million active users, according to third-party research and forums. If Radical Chess is able to get ⅓ the amount of daily users Chess.com has, that will be around 1 million community members using the CHESS token regularly. Think about how that should support the strength of the CHESS tokens.

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