Developers Pull Plug on Play-to-Earn and NFT Features
The developers of the blockchain chess game Immortal Game have decided to remove its play-to-earn (P2E) and nonfungible token (NFT) features due to widespread cheating. In an announcement on December 13th, the developers stated that while they will continue building Immortal Game as an online chess hub, their goal of providing a real opportunity for players to earn income through the game has failed.
The developers explained that by offering large amounts of cash with no entry barriers, they unintentionally encouraged cheating and compromised the experience for legitimate players seeking a fair and safe environment. As a result, the marketplace for Immortal Game NFTs will be discontinued, and the native P2E Checkmake token (CMT) will no longer be usable in-game.
Discontinuation of NFTs and CMT Rewards
Although NFTs will continue to exist on-chain, users will no longer receive CMT for completing tournaments or daily rewards. However, fiat currency rewards may be introduced in the future. ETH and CMT balances will no longer be displayed on the platform, but users can still transfer their assets by connecting a personal wallet.
At the time of discontinuation, Immortal Game NFTs had a lifetime trading volume of $885,600. The CMT token has a fully diluted market capitalization of $360,075 and is minted on the Immutable blockchain.
Hot Take: Immortal Game Ends P2E and NFT Features Due to Cheating
The developers of Immortal Game have made the decision to terminate the play-to-earn and nonfungible token features of their blockchain chess game due to rampant cheating. By offering cash rewards without entry barriers, the developers inadvertently encouraged unfair practices and compromised the experience for legitimate players. As a result, the marketplace for Immortal Game NFTs will be shut down, and the native Checkmake token (CMT) will no longer be usable in-game. While NFTs will still exist on-chain, users will no longer receive CMT rewards for completing tasks. This move aims to create a fair and safe environment for players, although fiat currency rewards may be introduced in the future.