There are thousands of chess games played online everyday. Enthusiastic chess players spend a lot of time playing chess without any achievement. Many chess softwares and websites have built up modern platforms for chess players to fight against computer and human or to join online tournaments in all formats which are the same as authentic tournaments.
The difference between those two tournaments is that online players just receive virtual medals without any material value. If there is a game-based platform in which chess players are paid whenever they win a game or a tournament, it would be great chances for millions of people whose dreams are to play chess for real award. That platform which is based on an advanced prize delivering system will hold both amateur and professional tournaments in all levels. Accompany with the quick development of blockchain technology, that platform will eventually come true.
We, the men who are enthusiastic in both chess and cryptocurrency have been working hard to build up a Blockchain based Chess Dapp or Decentralized Chess Playing Platform which is fueled by a cryptocoin, named ChessCoin.
Coin name: ChessCoin
Coin Ticker: CHESS
Type: Hybrid PoW/PoS
PoW lasts for 4096 Blocks
PoS works from beginning.
Block reward: 64
Target spacing: 64 seconds
Max supply: 74.666.667
Premine percent: 64%
Premine amount: 48.000.000
Min stake time: 2 hours
Coinbase maturity: 32 blocks
How to participate in ChessCoin ICO?
ICO starts on June 13th and ends on July 14th (23:59 EST)
You can Join ICO by Bitcoin or BellaCoin.
The reason we choose BellaCoin to be used as an alternative of Bitcoin beacause of that Bellacoin is the only alt-coin has expressed some efforts and deserved contributions in the integration cryptocurrency into Chess games (an Android app has been developed and published). ChessCoin has the same purpose but will go further!
This is a 2-of-2 multisig wallet and SebastianJu - a Legendary Escrow Service holds one signature.
Bellacoin escrow address: BCGmjFLX2ipMmYULik2qqV5HLGHSKv5qPP
(Filled informations will be kept secrete)
The total Coins premined stands at 48.000.000.
- 12.000.000 coins are reserved for bounties and the development team in the following proportions:
- 3.000.000 coins will be distributed to early supporters.
- 1.000.000 coins are reserved for strategical partners and backers.
- 8.000.000 coins are withheld by the development team to fuel Chesscoin based Dapp or Decentralized chess playing platform.
- The remaining 36.000.000 coins will be distributed in ICO procedure to participating users based on their contribution in the total amount of the raised funds.
There will be discounts for early participants based on the following schedule:
- First ICO day bonus: Users who buy ChessCoin on June 13th-14th receive a bonus of 30%
- Users participating in the campaign before the end of June (June 15th - June 30th) receive 15% bonus.
- July 1st - July 7th buys receive 7.5% bonus.
- July 8th - July 14th buys receive 0% bonus.
Early supporters receive bounties for the following activities:
- 350.000 coins reserved for following official ChessCoin twitter account.
- 350.000 coins reserved for following official ChessCoin Facebook page.
- 350.000 coins reserved for translations and maintaining other national ChessCoin threads.
- 350.000 coins reserved for subscribing to ChessCoin newsletter at official ChessCoin blog.
Updated Signatures Now Available
We have reserved a huge number of ChessCoins (1.500.000) for this campaign. To qualify you must be signed up by the end of the day on July 12th (11:59pm EST). Also, you must have 40 posts by the end of our ICO period which ends July 14th at midnight (EST).
Here is a breakdown of how we calculate distributing shares:
Hero/Legendary Members: 2.5 stakes per week
Sr/Full Members: 2.0 stakes per week
Members: 1.5 stakes per week
Jr Members: 1.0 stakes per week
Newbie: 0.5 stake per week
For each week you are active in the Signature Campaign you add up the total # of Shares and divide by total shares to get your % of the 1.500.000 Chesscoins bounty.
Please see the Signature Campaign spread-sheet for a full breakdown and example.
Register to join the campaign here: https://goo.gl/J8QO8I
See if you are on the sheet here: https://goo.gl/EgI9xr