ChessCoin is a PoW&PoS hybrid cryptocurrency, in which the Proof of Work stage ended before the launch, therefore CHESS can be considered 100% Proof of Stake. ChessCoin was designed to be used as a reward for winning online chess competitions, but can be used as a currency and sent anywhere almost instantly.

The official ChessCoin ticker is “CHESS” and trades under that name on all the exchanges where it has been listed. The designation “CHESSCOIN” is for CryptoCompare.com only.