Web3 chess startup Immortal Game has raised $15 million, including a $12 million Series A this year.
Crypto has its fair share of skeptics, but there's no arguing against the worldwide popularity of chess, according to Thomas Zaepffel, the cofounder and CEO of Immortal Game.
Immortal Game, founded in March 2021 by Zaepffel, CTO David Cingala and COO Geoffroy Mestrallet, offers players the opportunity to earn crypto and sponsor up-and-coming chess talent.
But Immortal Game, like other Web3 startups, seeks to set itself apart on the premise that its users should reap rewards from the platforms they popularize.
Here's a look at the pitch that helped Zaepffel and his cofounders seal the deal.