Skip to main content

World Chess Champion Magnus Carlsen Competed in a 1 BTC Prize Bullet Tournament – CryptoPotato

world-chess-champion-magnus-carlsen-competed-in-a-1-btc-prize-bullet-tournament-–-cryptopotato

In 2021, many celebrities across different fields got involved with the cryptocurrency space in various ways.

Chess grandmaster Magnus Carlsen competed for the top prize of 1 Bitcoin (approximately $51,000 at the time of writing) in the bullet tournament “Agadmator CakeDeFi Christmas Arena” on the 21st of December.

  • Apart from Carlsen, the 2-hour featured some of the very best bullet players in the world, including Hikaru Nakamura, Alireza Firouzja, Andrew Tang, Daniel Naroditsky, among others.
  • The event had to halt midway due to technical difficulties. However, the open-source Internet chess server, Lichess, revealed that it will be resumed on another day with the same scores and the same remaining time of around 1 hour 15 minutes.
  • Carlsen has emerged as a crucial proponent of the space with his chess-centric events and initiatives.
  • The 31-year old Chess grandmaster had played for NFT trophies and cash prizes in Bitcoin and other crypto-assets.
  • The Norwegian chess player made history after being awarded a non-fungible token (NFT) trophy after he won an international chess tournament, Meltwater Champions Chess Tour (MCCT), in October this year. He was quoted saying,

“It’s a nice trophy and I’m very happy to be breaking this ground.”

  • MCCT had recently entered into a partnership with cryptocurrency exchange FTX that enabled professional chess players to compete for a prize fund of 2.1825 BTC.
  • Besides, Carlsen is the world’s first Bitcoin chess champion. He recently defeated Russian Chess Grandmaster Ian Nepomniachtchi to win his 5th World Chess Championship title.
  • He had secured his first world title back in 2013.

Featured image courtesy of ChessBase

SPECIAL OFFER (Sponsored)

Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to get 25% off trading fees.


Similar posts

No Comments Yet

Leave a Reply

Your email address will not be published. Required fields are marked *

 
bitcoinBTC/USD
$ 27,622.40
ethereumETH/USD
$ 1,756.42
tetherUSDT/USD
$ 1.01
bnbBNB/USD
$ 325.18
usd-coinUSDC/USD
$ 1.01
xrpXRP/USD
$ 0.449587
cardanoADA/USD
$ 0.362568
dogecoinDOGE/USD
$ 0.075116
staked-etherSTETH/USD
$ 1,751.41
matic-networkMATIC/USD
$ 1.10
binance-usdBUSD/USD
$ 1.01
solanaSOL/USD
$ 20.60
polkadotDOT/USD
$ 6.03
litecoinLTC/USD
$ 92.53
shiba-inuSHIB/USD
$ 0.000011
tronTRX/USD
$ 0.064372
avalanche-2AVAX/USD
$ 16.81
daiDAI/USD
$ 1.00
uniswapUNI/USD
$ 5.86
wrapped-bitcoinWBTC/USD
$ 27,670.41
chainlinkLINK/USD
$ 7.13
cosmosATOM/USD
$ 11.14
leo-tokenLEO/USD
$ 3.51
the-open-networkTON/USD
$ 2.12
moneroXMR/USD
$ 162.70
ethereum-classicETC/USD
$ 20.42
okbOKB/USD
$ 42.24
bitcoin-cashBCH/USD
$ 124.84
stellarXLM/USD
$ 0.090252
filecoinFIL/USD
$ 5.49
aptosAPT/USD
$ 11.99
true-usdTUSD/USD
$ 1.01
hedera-hashgraphHBAR/USD
$ 0.060049
lido-daoLDO/USD
$ 2.08
quant-networkQNT/USD
$ 121.39
crypto-com-chainCRO/USD
$ 0.068927
nearNEAR/USD
$ 1.95
vechainVET/USD
$ 0.023072
arbitrumARB/USD
$ 1.22
apecoinAPE/USD
$ 4.15
algorandALGO/USD
$ 0.209226
internet-computerICP/USD
$ 4.93
blockstackSTX/USD
$ 0.966521
eosEOS/USD
$ 1.15
fantomFTM/USD
$ 0.449194
the-graphGRT/USD
$ 0.140417
the-sandboxSAND/USD
$ 0.634894
decentralandMANA/USD
$ 0.589835
elrond-erd-2EGLD/USD
$ 42.31
fraxFRAX/USD
$ 1.01