Anichess, a Web3 chess platform developed by Animoca Brands, officially adopts the CHECK token within its gaming ecosystem.
CHECK is a utility token designed to reward skills, creativity, and community contributions, focusing on real value rather than click activity. It has a fixed supply of 1 billion tokens; 59.38% is allocated to the growth of the community and ecosystem, promoting sustainable and expertise-driven engagement.
Anichess brings chess into the Web3 world and is developed by Animoca Brands in collaboration with Chess.com. It has already surpassed 1 million players, including grandmasters like Magnus Carlsen and Anish Giri. Furthermore, it is the first game to integrate tokens with a gradual rollout.
As part of the launch, the integration introduces several features:
The design incentivizes knowledge, skills, and intentional actions, converting them into measurable on-chain value. Compared to click-based models, the Anichess CHECK token focuses on meaningful engagement and long-term growth. That said, the reward mechanics will be activated in phases, in line with the rollout.
Chevan Tin, head of Anichess, comments:
Additionally, CHECK employs a community-oriented tokenomics model. The total supply is fixed, and a significant portion supports ecosystem growth and performance-related rewards.
| Total Quantity | 1,000,000,000 CHECK |
| Allocation to Community and Ecosystem | 59.38% |
Overall, the integration of the CHECK token transforms skills and strategy into tangible on-chain value, shifting the focus from mere clicks to authentic and sustainable engagement.

Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week. Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more

