Anichess Integrates CHECK Token as Native Currency
Anichess, a Web3 chess platform by Animoca Brands and Chess.com, has integrated the new CHECK token as its native currency. The utility token has a fixed supply of 1 billion, with 59.38% allocated for community and ecosystem development.
The rollout will occur in phases. Players can use the CHECK token to enter skill-based tournaments, stake for Mate Points (M8) to boost gameplay, earn performance rewards, unlock exclusive collectibles, and participate in governance. The CHECK token rewards skill, creativity, and community contributions instead of simple click activity, driving sustainable, skill-oriented engagement.
Bullish
The integration of the CHECK token into Anichess represents a bullish development for the token and the platform. By embedding the utility token into gameplay, tournaments, staking rewards, and governance, Anichess will likely drive demand and adoption of CHECK. Past examples, such as Axie Infinity’s AXS token integration into play-to-earn mechanics, show that token utility within engaging ecosystems can boost trading volume and price appreciation. In the short term, traders may see increased activity around CHECK as users stake and trade for tournament entry. In the long term, sustainable, skill-based incentives and governance features should support steady growth and network effects, reinforcing a bullish outlook for the token’s market performance.