Community Rewards
Last updated
Last updated
In the spirit of sports and today's community-centric games, Checkmate has established the Community Treasury. Our model is designed to be fair, transparent, and geared towards sustainable growth, with a share of Checkmate's ongoing revenue allocated to support initiatives and the Checkmate community.
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Community Treasury โThe Checkmate Treasury and the attached prize pool is a dynamic fund that grows with every trade and treasury drop. This ever-increasing pool of funds is allocated to the competitive calendar, Fair Play, community initiatives, and community support.
โThe Community Treasury receives:
100% of treasury drops
50% of Alpha Pre-sale and Public Sale net revenue
50% of Checkmate and participating marketplace secondary sales royalties
50% of all in-season TX marketplace fees
Read more here about how funds are allocated and the governance model.
Participation Token Checkmate plans to introduce a Participation Token as a key ecosystem element. Alpha Avatar holders will periodically receive airdrops of the token or credits as a reward for their early support. Airdrop allocation will be based on each Alpha Avatars holder's class.
Players and viewers can earn by participating on the Checkmate platform.
Community Voice โAlpha and pro pass holders can actively participate in community decision-making and players councils have been put in place to ensure players are represented:
> Players Council - to provide players with a voice and promote player development
> Queens Council - to promote female participation and representation in chess