chessbase india logo

Carlsen will face Nepomniachtchi in World's first Bitcoin chess tournament - FTX Crypto Cup

by Shahid Ahmed - 23/05/2021

The last Major event of Meltwater Champions Chess Tour is FTX Crypto Cup which will start on Sunday 23rd May 2021. Nepomniachtchi will go against Carlsen for the first time since he became a Challenger for the World Championship which is slated to take place later this year. The entirety of the world top 10 will be seen in action along with six more players competing for a total of US$320,000 prize fund, out of which $100,000 will be paid in crypto currency. What do you think will be the outcome of the Carlsen-Nepomniachtchi encounter in Round 2? Will we see a slugfest and one of them will try to gain the early psychological advantage or will they hold back their punches and save it for later? Catch Round 1 action starting tonight from 8:30 p.m. IST. Photo: Champions Chess Tour

The entire World top 10 will be seen in action

FTX Crypto Cup is an important event in chess history for a lot of reasons. It will feature the entire world top 10 in action, thus making it one of the strongest online chess tournament ever. Carlsen will go against Nepomniachtchi for the very first time since the latter became the Challenger for the World Championship. That's not all, US$ 100,000 prize fund will be paid in Crypto currency apart from $220,000 in cash prize fund which also makes this one of the highest prize fund for an online chess tournament.

Carlsen will face Nepomniachtchi for the first time since he became a Challenger for the World Championship | Photo: Champions Chess Tour

FTX Crypto Cup will be world's first Bitcoin chess tournament | Photo: Champions Chess Tour

Meltwater Champions Chess Tour FTX Crypto Cup logo | Photo: Official site

Pairings and Schedule

The FTX Crypto Cup starts on Saturday May 23rd and will conclude on Monday May 31st. Once again there’s a 3-day preliminary round-robin stage of rapid chess (15+10), before the top eight players advance to the knockout stage. The knockout stage is exactly like the the previous events in this tour where each match is played over two days, with four rapid games each day. If the match score is tied 1-1 after the second day, the players will then play two 5+3 blitz games followed by, if needed - Armageddon.

FTX Crypto Cup schedule | Photo: Champions Chess Tour

Meltwater Champions Chess Tour Schedule | Photo: Champions Chess Tour

All games will start from 8:30 p.m. IST between 23rd and 31st May 2021.

FTX Crypto Cup Participants

The lineup includes the top seven players from the previous event of Champions Chess Tour, New in Chess Classic which was won by Magnus Carlsen. Anish Giri, Ian Nepomniachtchi and Maxime Vachier-Lagrave resume their campaign in Champions Chess Tour as they missed the previous one because of FIDE Candidates 2020. Fabiano Caruana will be making his debut in this season. Nakamura will try to avenge his loss at the New in Chess Classic finals against Carlsen. Ever creative Daniil Dubov and cool, calm and composed Ding Liren will make their return to the tour. The entire World top 10 will be seen in action, making this one of the strongest online event ever.

The participants of the FTX Crypto Cup | Photo: Champions Chess Tour

Tour standings and Prizes

Magnus Carlsen for the first time has taken a lead in the Meltwater Champions Chess Tour with 185 points, followed by Wesley So at the second spot with 145 points and Teimour Radjabov at the third position with 109 points. Anish Giri is still the only other player with above 100 points, maintaining his fourth position with 105 points.

Tour Standings after New in Chess Classic | Photo: Champions Chess Tour

The prize fund for the Meltwater Champions Chess Tour is $1,500,000. Total prize fund in this final Major event of this season is $320,000 comprising of $220,000 in cash and $100,000 in crypto currency.

FTX Crypto Cup is the single online event which boasts the highest total prize fund of US$ 320000 | Photo: Champions Chess Tour

The value of $100,000 Bitcoin as of 11 a.m. CET on 22nd May was $80,752.50 | Photo: Champions Chess Tour

What are the participants up to lately?

While the players are yet to tweet much about the tournament yet, international news organization - Reuters have tweeted on this event because of the unique prize fund.

Links

Source

Champions Chess Tour official site

Tournament regulations


Related news:
Chessable Masters QF Day 2: Liem storms into Semifinals

@ 05/08/2021 by Shahid Ahmed (en)
Chessable Masters QF Day 1: Jorden ends So's unbeaten streak

@ 04/08/2021 by Shahid Ahmed (en)
Chessable Masters Day 3: So tops the Prelims

@ 03/08/2021 by Shahid Ahmed (en)
Chessable Masters Day 2: So remains unbeaten in the first ten

@ 02/08/2021 by Shahid Ahmed (en)
Chessable Masters Day 1: So takes an early sole lead 4.0/5

@ 01/08/2021 by Shahid Ahmed (en)
Harikrishna, Humpy and Adhiban will feature in Chessable Masters

@ 31/07/2021 by Shahid Ahmed (en)
Levon Aronian wins Goldmoney Asian Rapid

@ 05/07/2021 by Shahid Ahmed (en)
Aronian is one step closer to win the Goldmoney Asian Rapid

@ 04/07/2021 by Shahid Ahmed (en)
Goldmoney Asian Rapid SF Day 2: Aronian knocks out Carlsen

@ 03/07/2021 by Shahid Ahmed (en)
Goldmoney Asian Rapid SF Day 1: Advantage Carlsen and Ding Liren

@ 02/07/2021 by Shahid Ahmed (en)
Goldmoney Asian Rapid QF Day 2: Arjun's dream debut comes to an end

@ 01/07/2021 by Shahid Ahmed (en)
Goldmoney Asian Rapid QF Day 1: Arjun Erigaisi ends Aronian's unbeaten streak

@ 30/06/2021 by Shahid Ahmed (en)
Goldmoney Asian Rapid Day 3: Magnificent Arjun Erigaisi qualifies to the Quarter-Finals

@ 29/06/2021 by Shahid Ahmed (en)
Goldmoney Asian Rapid Day 2: Arjun Erigaisi continues to impress

@ 28/06/2021 by Shahid Ahmed (en)
Goldmoney Asian Rapid Day 1: Arjun Erigaisi surprises Dubov

@ 27/06/2021 by Shahid Ahmed (en)
Vidit, Adhiban, Gukesh and Arjun Erigaisi will feature in Goldmoney Asian Rapid

@ 25/06/2021 by Shahid Ahmed (en)
Carlsen finally beats So in the Finals to win FTX Crypto Cup

@ 01/06/2021 by Shahid Ahmed (en)
FTX Crypto Cup Finals Day 1: Carlsen-So put up a good fight while Radjabov draws the ire

@ 31/05/2021 by Shahid Ahmed (en)
FTX Crypto Cup SF Day 2: Carlsen vs So III in the Finals

@ 30/05/2021 by Shahid Ahmed (en)
FTX Crypto Cup SF Day 1: So wins the first set against Nepomniachtchi

@ 29/05/2021 by Shahid Ahmed (en)
FTX Crypto Cup QF Day 2: Carlsen eliminates Nakamura in an exciting thriller

@ 28/05/2021 by Shahid Ahmed (en)
FTX Crypto Cup QF Day 1: Carlsen and Nakamura engage in a brutal slugfest

@ 27/05/2021 by Shahid Ahmed (en)
FTX Crypto Cup Day 2 and 3: Caruana wins the Prelims 10.0/15

@ 26/05/2021 by Shahid Ahmed (en)
FTX Crypto Cup Day 1: Giri in the sole lead 4.0/5

@ 24/05/2021 by Shahid Ahmed (en)
Arjun Erigaisi beats Adhiban to win the Indian Qualifier

@ 11/05/2021 by Shahid Ahmed (en)
अर्जुन नें साधा इंडियन क्वालिफायर खिताब पर निशाना

@ 10/05/2021 by Niklesh Jain (hi)
Adhiban and Arjun Erigaisi qualify to the Meltwater Champions Chess Tour

@ 10/05/2021 by Shahid Ahmed (en)
अधिबन - अर्जुन मे होगा इंडियन क्वालिफायर फाइनल

@ 09/05/2021 by Niklesh Jain (hi)
CCT Indian Qualifier QF: Adhiban eliminates Praggnanandhaa

@ 09/05/2021 by Shahid Ahmed (en)
इंडियन क्वालिफायर - अधिबन नें प्रग्गा को किया बाहर

@ 08/05/2021 by Niklesh Jain (hi)
CCT Indian Qualifier Pre QF: Mitrabha stuns Sasikiran

@ 08/05/2021 by Shahid Ahmed (en)
इंडियन क्वालिफायर - निहाल और शशिकिरण हुए बाहर

@ 07/05/2021 by Niklesh Jain (hi)
Adhiban starts as the top seed in Indian Champions Chess Tour Qualifier

@ 07/05/2021 by Shahid Ahmed (en)
इंडियन चैस टूर क्वालिफायर - अधिबन होंगे टॉपसीड

@ 06/05/2021 by Niklesh Jain (hi)
Magnus Carlsen ends his championship drought by winning New in Chess Classic

@ 03/05/2021 by Shahid Ahmed (en)
New in Chess Classic Finals Day 1: Carlsen wins the first set

@ 02/05/2021 by Shahid Ahmed (en)
New in Chess Classic SF Day 2: Carlsen and Nakamura setup an epic clash in the Finals

@ 01/05/2021 by Shahid Ahmed (en)
New in Chess Classic SF Day 1: No one is invincible

@ 30/04/2021 by Shahid Ahmed (en)
New in Chess Classic QF Day 2: Carlsen, Aronian, Mamedyarov and Nakamura advance

@ 29/04/2021 by Shahid Ahmed (en)
New in Chess Classic QF Day 1: Advantage Aronian, Mamedyarov and Nakamura

@ 28/04/2021 by Shahid Ahmed (en)
New in Chess Classic Day 3: Praggnanandhaa impresses Carlsen

@ 27/04/2021 by Shahid Ahmed (en)
New in Chess Classic Day 2: Carlsen takes sole lead 7.0/10

@ 26/04/2021 by Shahid Ahmed (en)
New in Chess Classic Day 1: Praggnanandhaa makes a brilliant start 3.0/5

@ 25/04/2021 by Shahid Ahmed (en)
Vidit and Praggnanandhaa set for Meltwater Champions Chess Tour New in Chess Classic

@ 17/04/2021 by Shahid Ahmed (en)
अनीश गिरि बने मेगनस इनविटेशनल विजेता

@ 22/03/2021 by Niklesh Jain (hi)
Anish Giri deservedly wins Magnus Invitational

@ 22/03/2021 by Shahid Ahmed (en)
मेगनस इनविटेशनल - नेपो और अनीश ? कौन बनेगा सरताज ?

@ 21/03/2021 by Niklesh Jain (hi)
Giri or Nepomniachtchi - Who will win the Magnus Invitational?

@ 21/03/2021 by Shahid Ahmed (en)
Magnus Invitational SF Day 2: World Champions Carlsen and So get eliminated

@ 20/03/2021 by Shahid Ahmed (en)
Magnus Invitational SF Day 1: World Champions in peril

@ 19/03/2021 by Shahid Ahmed (en)
मेगनस इनविटेशनल SF1 - नेपो नें कार्लसन को दिया झटका

@ 19/03/2021 by Niklesh Jain (hi)
Magnus Invitational QF Day 2: Carlsen, So, Giri and Nepomniachtchi dominate

@ 18/03/2021 by Shahid Ahmed (en)
मेगनस इनविटेशनल : कार्लसन ,नेपो ,सो और गिरि सेमी फाइनल मे

@ 18/03/2021 by Niklesh Jain (hi)
Magnus Invitational QF Day 1: Advantage Carlsen and So

@ 17/03/2021 by Shahid Ahmed (en)
मेगनस इनविटेशनल QF - कार्लसन -सो की आसान जीत

@ 17/03/2021 by Niklesh Jain (hi)
Magnus Invitational Day 3: Carlsen tops the Prelims

@ 16/03/2021 by Shahid Ahmed (en)
मेगनस इनविटेशनल D3 : कार्लसन की शीर्ष पर वापसी

@ 16/03/2021 by Niklesh Jain (hi)
Magnus Invitational Day 2: Giri maintains his sole lead

@ 15/03/2021 by Shahid Ahmed (en)
मेगनस इनविटेशनल D2 : अनीश का जलवा बरकरार

@ 15/03/2021 by Niklesh Jain (hi)
मेगनस इनविटेशनल D1 : अनीश नें दी कार्लसन को मात

@ 14/03/2021 by Niklesh Jain (hi)
Magnus Invitational Day 1: Giri beats Carlsen

@ 14/03/2021 by Shahid Ahmed (en)
मेगनस इनविटेशनल - राउंड 1 सीधा प्रसारण : LIVE

@ 13/03/2021 by Niklesh Jain (hi)
मेगनस इनविटेशनल - क्या अब जीतेंगे कार्लसन ?

@ 11/03/2021 by Niklesh Jain (hi)
Does Wesley So have Magnus Carlsen's number? Sagar and Amruta try to find out!

@ 15/02/2021 by Satanick Mukhuty (en)
Wesley So beats Carlsen in the Finals and wins Opera Euro Rapid

@ 15/02/2021 by Shahid Ahmed (en)
Opera Euro Rapid Finals: Carlsen and So poised for a thrilling finish

@ 14/02/2021 by Shahid Ahmed (en)
Opera Euro Rapid SF Day 2: Carlsen and So set up a rematch in the Finals

@ 13/02/2021 by Shahid Ahmed (en)
Opera Euro Rapid SF Day 1: Carlsen beats Vachier-Lagrave, Radjabov struggles against So

@ 12/02/2021 by Shahid Ahmed (en)
Opera Euro Rapid QF Day 2: Dubov pushes Carlsen to his limit

@ 11/02/2021 by Shahid Ahmed (en)
Opera Euro Rapid QF Day 1: Advantage Carlsen, Vachier-Lagrave and So

@ 10/02/2021 by Shahid Ahmed (en)
Opera Euro Rapid Day 3: Vidit misses against Carlsen

@ 09/02/2021 by Shahid Ahmed (en)
Opera Euro Rapid Day 2: Vidit beats Dubov

@ 08/02/2021 by Shahid Ahmed (en)
Opera Euro Rapid Day 1: Carlsen takes sole lead 4.0/5

@ 07/02/2021 by Shahid Ahmed (en)
Vidit Gujrathi returns to Meltwater Champions Chess Tour in Opera Euro Rapid

@ 05/02/2021 by Shahid Ahmed (en)
Radjabov reigns supreme in Champions Chess Tour Airthings Masters

@ 04/01/2021 by Shahid Ahmed (en)
Can Radjabov win Champions Chess Tour Airthings Masters?

@ 03/01/2021 by Shahid Ahmed (en)
Airthings Masters SF Day 2: Radjabov and Aronian rush to the Finals

@ 02/01/2021 by Shahid Ahmed (en)
Airthings Masters SF Day 1: Radjabov and Aronian win the first set

@ 01/01/2021 by Shahid Ahmed (en)
Airthings Masters QF Day 2: Dubov eliminates Carlsen

@ 31/12/2020 by Shahid Ahmed (en)
Airthings Masters QF Day 1: Advantage Aronian and Vachier-Lagrave

@ 30/12/2020 by Shahid Ahmed (en)
Airthings Masters Day 3: Harikrishna, Grischuk, Giri and Anton get eliminated

@ 29/12/2020 by Shahid Ahmed (en)
Airthings Masters Day 2: Carlsen joins the six-pack lead

@ 28/12/2020 by Shahid Ahmed (en)
Airthings Masters Day 1: Harikrishna holds Carlsen to a draw

@ 27/12/2020 by Shahid Ahmed (en)
Harikrishna will star in the Champions Chess Tour Airthings Masters

@ 25/12/2020 by Shahid Ahmed (en)
Wesley So wins Champions Chess Tour Skilling Open

@ 01/12/2020 by Shahid Ahmed (en)
Can Carlsen win Skilling Open on his 30th birthday?

@ 30/11/2020 by Shahid Ahmed (en)
Skilling Open SF Day 2: So sets up a clash with Carlsen in the Finals

@ 29/11/2020 by Shahid Ahmed (en)
Skilling Open SF Day 1: Advantage Carlsen and So

@ 28/11/2020 by Shahid Ahmed (en)
Skilling Open QF Day 2: Nepomniachtchi, So and Nakamura make epic comebacks

@ 27/11/2020 by Shahid Ahmed (en)
Skilling Open QF Day 1: Advantage Carlsen, Aronian, Radjabov and MVL

@ 26/11/2020 by Shahid Ahmed (en)
Champions Chess Tour Skilling Open R11-15: Carlsen tops the preliminary stage

@ 25/11/2020 by Shahid Ahmed (en)
Champions Chess Tour Skilling Open R6-10: Anish Giri maintains his sole lead

@ 24/11/2020 by Shahid Ahmed (en)
Champions Chess Tour Skilling Open R1-5: Anish Giri takes sole lead

@ 23/11/2020 by Shahid Ahmed (en)
Vidit Gujrathi will star in the Champions Chess Tour Skilling Open

@ 22/11/2020 by Shahid Ahmed (en)
भारत से विदित गुजराती हुए चैम्पियन चैस टूर मे शामिल

@ 15/11/2020 by Niklesh Jain (hi)
मेगनस कार्लसन नें की चैम्पियन्स चैस टूर की घोषणा

@ 06/11/2020 by Niklesh Jain (hi)