Chess.com has teamed up with treasure.chess.com to develop an NFT marketplace where players, creators, and collectors can create, trade, buy, and sell NFTs based on their Chess.com games.
Treasure Chess allows chess and crypto lovers to transform their games into one-of-a-kind “Treasures” NFTs to collect, trade, and sell.
Users may turn any of their Chess.com games into Treasures, which will then reside on the Polygon Network as an NFT (Non-Fungible Token).
Anyone can buy, sell, trade, and gift Treasures through the Treasure Chess Marketplace.
Each player can mint a game two times. The first three Treasures that users mint are completely free.
Treasure Chess makes use of a structure that benefits players, developers, and the community as a whole.
When a creator sells their Treasure for the first time, they receive 100% of the proceeds. After that, creators and sellers receive 95% of any subsequent sale revenue. Users receive 90% of the price they paid for a Treasure when they sell it. On every sale of their Treasure, the game’s original player earns a 5% royalty. The remaining 5% is used to pay the expenses of system maintenance.