Press Release
FIDE Announces Finalists for the 2024 World Corporate Chess Championship
–News Direct–
FIDE, the Fdration Internationale des checs (International Chess Federation), has announced the finalists in the 2024 FIDE World Corporate Chess Championship, presented by Freedom Holding Corp. As part of FIDE's centenary celebrations, this landmark event will bring together the biggest and brightest names in chess and business from June 14 to 17 at the historic Cunard Building in the heart of New Yorks financial district. The championship includes eight finalists, whose strategic thinking and prowess earned them a trip to New York and seats at the chess board, as well as four wild card teams to turn up the challenge. Blending the intellectual rigor of chess with the strategic acumen of the business world, these teams will compete for international recognition and the glory of being titled the World Corporate Chess Champion.
The 12 finalists competing in New York are:
Nanjing Spark Chess Technology Co., Ltd. (China)
ChessMood Inc. (USA)
LLC LC GRECO (Ukraine)
UBS Group AG (Switzerland)
Chessify (USA)
Tengizchevroil (Kazakhstan)
Deutsche Bank (USA)
SIG (USA)
Wild card teams:
Freedom Holding Corp. (Kazakhstan)
Google (USA)
Goldman Sachs (USA)
BlackRock (USA)
"This championship is a unique combination of chess and business a new concept which we are looking to develop further" said FIDE President Arkady Dvorkovich. "Hosting this event in a global financial hub like New York underscores the importance of chess in advancing strategic thinking and decision-making within the corporate sector, and we want to enhance that link. We are thrilled to bring together top corporate minds worldwide and open new pathways for chess in the U.S. and globally."
The 2024 World Corporate Chess Championship, presented by Freedom Holding Corp. marks a significant milestone, integrating chess into the corporate sphere for the first time. This event highlights the parallels between the chessboard and the boardroom, celebrating the strategic thinking that drives success in both arenas.
The finals will take place in New York Citys Cunard Building, an opulent, historic example of New York City architecture reflecting the spirit of global maritime trade, located just a short walk from Wall Street. We are delighted to host the inaugural event in New York City, a melting pot of diversity and an incubator of opportunity, commented Timur Turlov, Freedom Holding Corp. Chief Executive Officer. We have seen global citizens come together in peace and engagement over the board, and it is that spirit of fellowship and understanding amongst diverse peoples of the world that we would like the Freedom Holding Corp. name to be synonymous with this. It is an honour for us to be presenting sponsors.
Attendees will not only witness a showdown for the championship title but also have the opportunity to engage in a full weekend of thoughtful and enriching activities, such as an insightful conversation with one of the worlds strongest Grandmasters, Hikaru Nakamura, a chance to meet International Master, Levy Rozman, and an exclusive behind the scenes tour of a stock exchange. Additionally, the weekend event offers participants daily opportunities to share a drink and network with business professionals and chess enthusiasts from across the globe.
Event Highlights
The finals are the culmination of two online qualifying stages with entrants from around the world. The competition will feature group stage matches and intense playoff rounds, ending in the crowning of the World Corporate Chess Champion.
The teams will be split into two groups, each comprising four knockout qualifiers and two invited wild-card teams. The competition will unfold in two stages: a 10-round group stage, played over two days, June 15 and 16, followed by the semi-finals with the top two teams from each group facing off, and the finals, both held on June 17.
For information about tickets please visit: www.freedomcapmkts.com/chess
Regulations and Participation
Each team of four, plus one reserve player, may have one player with a FIDE rating exceeding 2400, and no less than three players must be employees of the company represented. This ensures a balance of professional and amateur players, making the competition both challenging and inclusive.
The finals will be played at a time limit of 10 minutes plus 5 second increments per move starting from move one.
Global Corporate Representation
The diversity of the participating teams, representing various industries (financial, tech, energy, investment) and regions (Europe, America, Asia), showcases the global appeal and inclusivity of the World Corporate Chess Championship. This event celebrates chess and aims to enhance international corporate communication and strategic collaboration.
The 2024 World Corporate Chess Championship, presented by Freedom Holding Corp. is more than a competition; it's a celebration of strategic excellence and a testament to the enduring connection between chess and business.
For more information on the championship, including official regulations, live updates, and results, please visit https://worldcorporate.fide.com/.
About Freedom Holding Corp.
Freedom Holding Corp., a Nevada corporation, is a diversified financial services holding company conducting retail securities brokerage, securities trading, investment research, investment counseling, investment banking and underwriting services, mortgages, insurance, and commercial banking as well as several ancillary businesses which complement its core financial services businesses, all through its subsidiaries, operating under the name Freedom24 in Europe and Central Asia, and Freedom Capital Markets in the United States. Through its subsidiaries, Freedom Holding Corp. employs more than 6,000 people and is a professional participant in the Kazakhstan Stock Exchange, the Astana International Exchange, the Republican Stock Exchange of Tashkent, the Uzbek Republican Currency Exchange, and is a member of the New York Stock Exchange and the Nasdaq Stock Exchange.
Freedom Holding Corp. is headquartered in Almaty, Kazakhstan, and has operations and subsidiaries in 19 countries, including Kazakhstan, the United States, Cyprus, Poland, Spain, Uzbekistan, and Azerbaijan, among others.
Freedom Holding Corp.'s common shares are registered with the United States Securities and Exchange Commission and are traded under the symbol FRHC on the Nasdaq Capital Market, operated by Nasdaq, Inc.
To learn more about Freedom Holding Corp., visit www.freedomholdingcorp.com.
About FIDE
The International Chess Federation (FIDE) is the governing body of the sport of chess, and it regulates all international chess competitions. Constituted as a non-governmental institution, it was recognized by the International Olympic Committee as a Global Sporting Organization in 1999.
FIDE currently has its headquarters in Lausanne, but it was initially founded in 1924 in Paris under the motto Gens una Sumus (Latin for We are one Family). It was one of the very first International Sports Federations, alongside the governing bodies of the sports of Football, Cricket, Swimming, and Auto Racing. It is now one of the largest, encompassing 201 countries as affiliate members, in the form of National Chess Federations. Chess is nowadays a truly global sport, with dozens of millions of players in all the continents, and more than 60 million games on average played every day.
Source: Freedom Holding Corp.
Contact Details
Freedom US Markets
Al Palombo (US), Global Communications Chief
+1 646-970-3419
Company Website
https://www.freedomholdingcorp.com
View source version on newsdirect.com: https://newsdirect.com/news/fide-announces-finalists-for-the-2024-world-corporate-chess-championship-484420767
Freedom US Markets
COMTEX_453336525/2655/2024-06-04T09:34:07
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
BY AI Computing Oracle Edge Computing + Blockchain Synergy Redefines Future of Distributed Infrastructure
In a groundbreaking move integrating Federated Learning Framework with blockchain, Spark 2.0 launches the world’s first AI-driven staking protocol. The Solcore ecosystem, powered by Deep Reinforcement Learning algorithms, achieves 91.7% prediction accuracy on node rewards through real-time analysis of 2 million cross-chain data points per second.
Core Technological Innovations
AI Cloud-Native Control Hub
The AICN (AI Cloud-Native Control Hub) dynamically optimizes staking strategies across 12 major public chains. Its multi-dimensional prediction models identify “Reward Surge Windows” 72 hours in advance, enabling users to activate Boost Staking Mode for 300% APY enhancement.
Decentralized Physical Infrastructure Networks (DePIN)
Solcore devices function as Smart Computing Units with embedded AI agents. These edge computing nodes create a distributed computing pool that simultaneously supports AI training workloads and blockchain consensus security, realizing true Device-as-Equity value proposition.
Token Burn Mechanics & Cross-chain Dividend Rights
The SPF Shareholder Badge implements Deflationary Tokenomics through transaction-based burns. Early adopters gain exclusive access to 10% perpetual revenue share from Spark’s AI ecosystem, including metaverse infrastructure and green computing initiatives.
Real-world Application Cases
“With 1kWh daily consumption, my Solcore device generated mortgage-covering returns last month through AI-optimized staking,” said San Francisco developer Maria, “Investing in AI healthcare startups via SPF tokens feels like shaping the future of tech.”
Industry Authority Endorsement
As noted in Gartner’s 2024 Blockchain Trends Report, “SPF’s token burn mechanics combined with cross-chain dividend rights represent a quantum leap in decentralized finance. This model aligns perfectly with MIT Technology Review’s prediction on AI-driven asset allocation evolution.”
Solcore ltd
Address: B-08, Menara Maxis, 33, Jalan Ampang, 50450 Kuala Lumpur, Federal Territory of Kuala Lumpur
Phone: +60 147743210
Email: 78750290@qq.com
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Nashville, Tennessee, 3rd April 2025, ZEX PR WIRE, The Way to Happiness Association of Tennessee recently hosted the Bright Futures Talent Showcase, an inspiring event that provided nine young participants the opportunity to demonstrate their unique skills. From musical performances to athletic feats and creative displays, each participant brought something special to the stage, showing how dedication and practice lead to competence.
The showcase directly aligns with the precept Be Competent from The Way to Happiness, the common-sense moral guide written by L. Ron Hubbard. This precept emphasizes the importance of learning, practice, and continuous self-improvement to achieve success in life. Through their performances, the youth exemplified how competence is built through effort and determination.
“The Bright Futures Talent Showcase is about more than just performance—it’s about celebrating young people who are developing their skills and working toward their goals,” said a spokesperson for The Way to Happiness Association of Tennessee. “Encouraging competence and confidence in youth leads to brighter futures for individuals and the community as a whole.”
The Way to Happiness is a non-religious moral code composed of 21 precepts designed to guide individuals toward ethical and fulfilling lives. It has been distributed in more than 100 languages and utilized by people from all walks of life, including educators, community leaders, law enforcement, and human rights advocates. The book’s teachings help foster respect, integrity, and personal responsibility.
The event organizers plan to continue hosting initiatives that promote positivity and personal development among youth. For more information about The Way to Happiness Association of Tennessee and upcoming events, visit twthtn.org.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Revolutionizing Earnings: How Play-to-Earn (P2E) Games Are Transforming the Gaming Industry
The gaming industry is undergoing a seismic shift as Play-to-Earn (P2E) models redefine how players interact with virtual worlds. Unlike traditional games, where time and skill investments yield no real-world value, blockchain-powered P2E games allow users to earn cryptocurrency, NFTs, and other digital assets simply by playing.
This innovation is not just changing gaming—it’s creating a new economic paradigm where entertainment and income generation merge. From developing nations to high-tech economies, P2E is empowering players to monetize their gaming expertise, turning hobbies into viable careers.
The Rise of Play-to-Earn: From Niche to Mainstream
The concept of earning through gaming isn’t entirely new, but blockchain technology has supercharged its potential. Early pioneers like Axie Infinity demonstrated that players could generate substantial income, especially in regions with limited job opportunities. The game’s “scholarship” system, where asset owners lend NFTs to players in exchange for a share of earnings, became a lifeline for many during economic downturns.
Key factors driving P2E adoption include:
- True Digital Ownership – Blockchain ensures players fully own in-game assets, which can be traded or sold.
- Decentralized Economies – Games like The Sandbox and Gods Unchained allow players to influence in-game economies through governance tokens.
- Global Accessibility – With just an internet connection, anyone can participate, breaking down traditional employment barriers.
A recent analysis by Pinco highlights how P2E gaming is accelerating financial inclusion, particularly in emerging markets where conventional job opportunities are scarce. The report underscores that blockchain gaming could soon rival traditional gig economies in scale and impact.
The Economic Impact of P2E Gaming
The Play-to-Earn revolution is creating profound economic shifts that extend far beyond gaming communities. By introducing verifiable digital ownership and decentralized marketplaces, P2E models are challenging traditional notions of work and value creation in the digital age. These new economic systems are particularly transformative in developing economies, where they provide alternative income streams that are more accessible than conventional employment options.
- A New Class of Digital Workers. Professional gamers, NFT traders, and guild managers are now legitimate careers. In countries like the Philippines and Venezuela, players earn more through P2E games than local minimum wages.
- The Growth of Gaming Guilds. Organizations like Yield Guild Games (YGG) provide players with NFTs and training, taking a share of their earnings in return. This model has spawned a new form of decentralized employment.
- Mainstream Corporate Interest. Major brands (Nike, Adidas, Atari) are entering the space, launching NFT collections and virtual experiences, further legitimizing P2E economies.
The sustainability of these new economic models will depend on their ability to maintain fair reward structures while preventing inflationary pressures common to many token-based systems. As the sector matures, we’re seeing increased institutional interest, with venture capital firms and traditional gaming companies investing heavily in P2E infrastructure.
The Future of P2E: Beyond Gaming
The success of P2E is inspiring other industries to adopt similar models. Concepts like “Learn-to-Earn” (educational platforms rewarding users with crypto) and “Create-to-Earn” (decentralized content monetization) are emerging, proving that blockchain-based incentive systems have far-reaching applications.
As technology evolves, we may see deeper integration between P2E games and DeFi (Decentralized Finance), allowing players to stake, lend, and borrow against their in-game assets. This could further blur the lines between gaming and traditional finance.
Play-to-Earn is more than a trend—it’s a fundamental reimagining of value exchange in digital spaces. By merging entertainment with real-world earnings, blockchain gaming is setting the stage for a future where virtual and physical economies coexist seamlessly.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Spark 2.0 and Solcore: Decentralized Staking Revolution Powered
Bright Futures Talent Showcase Highlights Youth Skills and The Way to Happiness
Revolutionizing Earnings: How Play-to-Earn (P2E) Games Are Transforming the Gaming Industry
Bay Smokes Maintains Quality Amid Legislative Changes in the Hemp Industry
Benzinga Money Article Discusses How to Become Part of the 12% of Retirees Who Have Achieved the Recommended $550,000 Minimum Retirement Savings Threshold
Apu Apustaja Conquers New York with Lively Street Ads, Including Times Square Billboard
-
Press Release5 days ago
Digi-Peak: Empowering Users to Create a Safer Digital Cryptocurrency Environment
-
Press Release5 days ago
Chummy Tees Review Rising Trends in the Funny T-Shirt Industry
-
Press Release5 days ago
Motivational Speaker Creven Powell Calls for Action: Wage War Against Life’s Greatest Obstacles
-
Press Release3 days ago
Vtrading Releases Trading Ecosystem Whitepaper: Redefining the Cognitive Revolution of Wealth in the Digital Era
-
Press Release4 days ago
CIFM / interzum guangzhou 2025: A Showcase of Asian Ingenuity and Innovation
-
Press Release4 days ago
Slothspepe Launches: Meme Crypto Project Bridging Fun and Sustainability
-
Press Release3 days ago
Choose YESMiner and move towards a future of daily stable income
-
Press Release4 days ago
DPC Dash – Domino’s Pizza China 2024 Full-Year Performance Soars: Strategic Deepening and Efficiency Improvement Forge Profit Milestone