Developers Pull the Plug on Blockchain Chess Game's Play-to-Earn and NFT Features Due to Rampant Cheating

Developers of the blockchain chess game Immortal Game have made the decision to end its play-to-earn (P2E) and nonfungible token (NFT) features due to widespread cheating. The announcement, made on December 13, revealed that while Immortal Game will continue to be developed as an online chess hub, the goal of providing a real opportunity for players to earn income through the game has been unsuccessful.

Unintended Consequences

Immortal developers explained that the decision to discontinue the P2E and NFT features was prompted by the discovery that offering large amounts of cash with no limit barrier to entry had resulted in a significant increase in cheating on the platform. This, in turn, had a negative impact on the user experience for legitimate players who were seeking a fair and safe place to play chess online.

Changes to the Game

Starting this week, the marketplace for Immortal Game NFTs will be shut down and players will no longer be able to use the native P2E Checkmake token (CMT) within the game. However, NFTs will continue to exist on the blockchain. In addition, players will no longer be rewarded with CMT for completing tournaments or daily tasks, although there may be the possibility of receiving fiat currency rewards in the future.

While ETH and CMT balances will no longer be displayed on the platform, users' wallets will still retain these tokens. For those using a custodial wallet, it will be necessary to connect a personal wallet in order to transfer assets.

Trading Volume and Market Capitalization

At the time of discontinuation, Immortal Game NFTs had a lifetime trading volume of $885,600, and the CMT token had a fully diluted market capitalization of $360,075. The NFTs are minted on the Immutable blockchain, which is known for its focus on gaming.