Anichess has announced the integration of the $CHECK token into its Web3 chess platform.
The rollout introduces a system where players use $CHECK to enter tournaments, stake tokens for Mate Points (M8), unlock collectibles, and participate in governance, placing measurable on-chain value directly on strategy, performance and community participation.
Anichess Players Tie Governance and Rewards with $CHECK Token
Anichess, developed by Animoca Brands in partnership with Chess.com, has attracted more than one million registered wallets. Its adoption of $CHECK marks a shift from click-based incentives to gameplay that ties progression and rewards to decision-making and creativity.
There is a fixed supply of 1bn $CHECK tokens, with 59.38% dedicated to community and ecosystem development, aligning with the platform’s goal of long-term, skill-driven engagement.
According to Anichess leadership, integrating $CHECK creates a system where strong play and meaningful contributions translate into real utility. The rollout will gradually expand the token’s uses, covering new tournament formats, cosmetic upgrades, and governance tools.
The model mirrors core chess principles like strategy and foresight, giving players a clear stake in how the platform evolves.
By blending traditional chess depth with blockchain ownership and spell-based mechanics, Anichess aims to build an esports-style environment driven by verifiable skill.
$CHECK strengthens this approach by enabling players to earn, spend, and shape gameplay in a transparent, tokenised economy.
Animoca Plans to Go Public on Nasdaq in 2026
The $CHECK token update comes as the company pursues a major strategic shift: a potential reverse merger with Currenc Group to form a Nasdaq-listed digital asset conglomerate in 2026.
Under the non-binding term sheet, Currenc would acquire all Animoca shares through an Australian scheme of arrangement. This leaves Animoca shareholders with about 95% of the combined entity, and Currenc with around 5%, pending treatment of convertible instruments.
Alongside the merger plan, Animoca is streamlining its portfolio. AlphaTON Capital had signed a letter of intent to acquire 51% of GAMEE, supporting Animoca’s broader strategy across Web3 gaming, digital assets, and public-market expansion.
