The developers behind the blockchain-based chess game, Immortal Game, have decided to discontinue its play-to-earn (P2E) and non-fungible token (NFT) features due to widespread cheating issues within the platform.
In their announcement made on December 13, the developers expressed their intent to transition Immortal Game into an online chess hub while potentially exploring additional decentralized technologies in future iterations. Despite the initial objective of enabling users to earn money through chess, the implementation faced serious setbacks due to rampant cheating and the platform's failure to provide a fair and secure environment for legitimate players.
The Immortal developers acknowledged that offering substantial cash rewards without stringent entry barriers inadvertently encouraged severe cheating behaviors, significantly undermining the experience for honest players seeking a fair and safe place to enjoy online chess. They lamented the unintended consequences of monetary incentives contributing to unfair practices among participants.
Effective immediately, the NFT marketplace associated with Immortal Game will be shut down, rendering players unable to utilize the native play-to-earn Checkmake Tokens (CMT) within the game. Despite this discontinuation, existing NFTs will persist on the blockchain. Players will no longer receive CMT as rewards for participating in tournaments or daily activities within the game. However, there might still be potential for fiat currency rewards. Additionally, while users' ETH and CMT balances will no longer be visible on the platform, these assets will remain accessible within their respective wallets. Users employing custodial wallets will need to connect their personal wallets to facilitate the transfer of their assets.
At the time of discontinuation, the Immortal Game NFTs had amassed a lifetime trading volume totaling $885,600, and the CMT token possessed a fully diluted market cap of $360,075. The NFTs were minted on an immutable blockchain network primarily focused on gaming applications.
