Details On The International Chess Federation NFT Marketplace

Posted by Somendra Kumar on January 9th, 2023

The International Chess Federation (FIDE) was the first global sports organization to develop its own NFT marketplace. On 4th November 2022, the Federation declared the launch of ChessNFT.com in collaboration with TON Labs, the key creators of the FreeTON Network. ChessNFT.com will be a brand-new, all-encompassing chess NFT ecosystem. With its headquarters in Lausanne, Switzerland, FIDE is the governing organization of chess and regulates all international chess events. FIDE was created in 1924. Details on the International Chess Federation NFT marketplace can be found on Cryptoknowmics. The International Chess Federation of India may soon benefit. 

NFTs Are Already Popular 

Over the past year, NFTs have become much more well-liked. The 2021 NFT Market Report estimates that the NFT market has grown to a value of over billion. And across the whole cryptosphere, brand-new NFT marketplaces are starting to emerge. Sometimes, experts assist start-ups and established companies in developing NFT markets while other people try their hand at acting in the capacities of creators. After some months, we can see the influence of NFT with the upcoming world chess champion. Users may often acquire and trade unique digital assets in an NFT marketplace. The specifics, however, differ from one platform to another.