I played chess for a couple of years when i was young. This is a very nice initiative for a the chess players around the world, however what benefits will coin holders have ? This coin should have more utility, in order for people to want to buy it.
Yes that is exactly the point. These are the potential uses and functional aspects of ChessCash:
✅Global customers pay the same fixed cost of transaction for chess shops and chess services providers (chess coaches, chess organizers)
✅Using our market to place your chess goods and services saves on advertising
✅You can trade #ChessCash for ETH and then exchange ETH fo #USD or other major Fiat.
✅ The Chess Social Network, Chess Club Live has a market a bit like Ebay were you can buy and sell with ChessCash
http://social.chessclublive.com ✅ We run Lichess Tournament with ChessCash as prizes
✅ Chess Tournament Entry fees could be paid in ChessCash.
✅ FIDE might one day use it to collect Federation Fees
The adoption of the ChessCash currency is key to it becoming a utility.