A new chess tournament for students in Brazil will offer participants Non-fungible tokens (NFTs) as prizes.
Inkluziva School Chess Tournament
The Inkluziva School Chess Tournament is a nationwide event organized by a fintech company named Inkluziva. The tournament is open to students at least six years old in the national education system.
The contest aims to improve the technical level of Brazilian chess and promote cultural and social exchange.
On November 25, the tournament’s organizers will select a national champion for each of the five age groups in a face-to-face final in Brasilia.
The qualifying events will be contested online via the Chess.com platform and span five geographical regions: North, Northeast, South, Southeast, and Midwest.
How to Claim the NFT Rewards
In addition to a physical trophy, the winners of each age category will receive a personalized NFT containing a record of the last move of the match.
The organizers will also award NFT participation certificates and NFT incentives to the region’s highest-ranked participants.
On the blockchain, NFTs represent unique assets and enable the creation and trading of digital art, collectibles, music, games, etc.
In the crypto space, NFTs have become a popular form of expression and value, with some NFTs selling for millions of dollars.
The Impact of the Tournament on Brazil
Brazil is one of the most active and innovative countries in the cryptocurrency sector. The country has witnessed a surge in the adoption of cryptocurrencies, particularly among young and tech-savvy users.
Brazil has a rich history and culture of chess, as evidenced by the presence of many prominent players and tournaments.
By combining chess and NFTs, the Inkluziva School Chess Tournament seeks to introduce students to the world of crypto and blockchain technology.
The tournament also demonstrates how NFTs can create new forms of recognition and rewards for various activities and accomplishments.
You can visit the official website of the Inkluziva School Chess Tournament here.Â
