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The 6th event of the Meltwater Champions Chess Tour – FTX Crypto Cup. It is the highest prize money online chess event ever with a prize fund of US$3,20,000. All the top 10 players in the world will be taking part in this event.
The FTX Crypto Cup is held from the 23rd of May 2021. It goes on until 31st of May 2021. The players who are taking part in this tournament are Magnus Carlsen, Anish Giri, Ian Nepomniachtchi, Fabiano Caruana, MVL, Wesley So, Levon Aronian, Shakhriyar Mamedyarov, Peter Svidler, Alireza Firouzja, Hikaru Nakamura, Teimour Radjabov, Ding Liren, Alexander Grischuk, Daniil Dubov and Alan Pichot.
The 3-day preliminary stage sees the 16 players play each other once before the bottom 8 are eliminated while the top 8 advance to a knockout consisting of 2-day matches.
The time control is 15 minutes for all moves, with a 10-second increment per move from move 1. Live commentary by Sagar Shah, Amruta Mokal and guests!
Standings after day 1:
Anish Giri leads with 4.0/5 followed by Nakamura, MVL and So on 3.5/5.
Video: ChessBase India
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