FTX Crypto Cup Round 1

 FTX Crypto Cup Round 1


The 2022 FTX Crypto Cup sees Magnus Carlsen, Alireza Firouzja, Levon Aronian, Anish Giri, Jan-Krzysztof Duda, Liem Le, Hans Niemann and Praggnanandhaa gather in the Eden Roc Miami Beach Hotel in Miami, Florida for the 2nd Major on the $1.6 million Meltwater Champions Chess Tour.

$210,000 and a $100,000 Bitcoin bonus is at stake in the 7-round all-play-all tournament. Each match consists of 4 rapid games on the chess24 Playzone, with the winner earning $7,500 (3 points). 

If the match is tied there's a blitz tiebreak, with 2 blitz games followed, if needed, by a single Armageddon game. The winner earns $5,000 (2 points) and the loser $2,500 (1). F

or each rapid game the players have 15 minutes for all their moves, with a 10-second increment after each move. For blitz games it's 5 minutes and a 3-second increment, while for the Armageddon game White has 5 minutes to Black's 4, but a draw counts as a win for Black. No draw offers are allowed before move 40. 

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