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Home DeFi

rewrite this title Animoca Brands’ Anichess Integrates $CHECK Token for Tournaments, Staking, and Governance

Bobby Okposin by Bobby Okposin
November 13, 2025
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rewrite this title Animoca Brands’ Anichess Integrates $CHECK Token for Tournaments, Staking, and Governance
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Quick Breakdown

Anichess, a Web3 chess game from Animoca Brands and Chess.com, officially integrated the new $CHECK token on November 12.The token will power key game systems, allowing players to use $CHECK to enter competitive tournaments and earn performance-linked rewards.Players can stake $CHECK to earn non-transferable Mate Points (M8), which unlock progression perks and higher reward tiers within the ecosystem.

 

Anichess, the Web3 chess platform developed by Animoca Brands in partnership with Chess.com, announced the integration of the $CHECK token on November 13, establishing it as the native utility token for the game’s growing ecosystem. The token’s integration began with a phased rollout on November 12. This move directly links players’ strategic skill, creative contributions, and learning achievements to measurable on-chain value, moving beyond simple click-based incentives.

. @AnichessGame, the Web3 chess platform we developed in partnership with https://t.co/baW2oQYcNs, is announcing the integration of the recently launched $CHECK Token into its gaming experience.

CHECK is a utility token designed to reward players’ skill, creativity, and… pic.twitter.com/sUnFWwjqE1

— Animoca Brands (@animocabrands) November 13, 2025

$CHECK is positioned as the core “Strategy Token” for the entire Checkmate Ecosystem, a new decentralized network focused on rewarding intellect and creativity across gaming, educational, and generative AI experiences. Anichess, which combines classic chess with innovative spell mechanics and has attracted over one million players, is the first title to integrate the new token fully.

Expanding utility and ecosystem Governance

Beyond gameplay, $CHECK is designed to power community involvement and ecosystem development. The token’s utility includes providing access to digital collectibles, cosmetics, and exclusive token-gated experiences tied to milestone achievements.

Holders of the $CHECK token will also participate in the governance of the Checkmate Ecosystem by voting on key proposals, known as Checkmate Improvement Proposals (CIPs). This mechanism is intended to guide future grants, integrations, and the overall direction of the ecosystem, starting with a core team-led structure that plans to transition toward a decentralized, community-driven DAO Council over time. The total supply of $CHECK is fixed at one billion tokens, with a substantial 59.38% allocated toward community and ecosystem growth, ensuring a sustainable, skill-driven engagement model.

Animoca Brands, a leader in blockchain gaming, is furthering the trend of established platforms adopting Web3 technology. A key initiative is the plan with Republic to tokenize Animoca Brands’ equity on the Solana blockchain. This significant move will democratize access to the private company’s shares for global investors.

This tokenization is a model for merging traditional finance with blockchain, transforming private equity by minting digital tokens on Solana. These tokens will allow for secondary trading on Republic’s platform, all while maintaining regulatory compliance. Given Animoca Brands’ extensive portfolio of over 600 Web3 projects, this strategy aims to enhance liquidity in private markets and democratize ownership. The Solana blockchain’s high-performance nature is crucial for providing the necessary speed and scalability to support these digital transactions.

 

If you would like to read more articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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