MAGNUS CARLSEN IS CREATING A NEW COMPANY

Magnus Carlsen, Norway Chess, and Iterate Launch Pawn — New Joint Venture to Develop Fantasy Chess App

“I have seen how technology is helping to revolutionize the sport of chess. At the same time, we are only in the initial phase of what’s possible. Now, I will once again be on a journey and bring my ideas and input to new opportunities alongside, the leading entrepreneurial teams in Norway. The goal is for us to be able to spread the sport of chess to new markets and environments”, said Magnus Carlsen.

Five-time World Chess Champion Magnus Carlsen, in collaboration with Norway Chess and Iterate, Norway’s premier venture builder, today launched a new joint venture called Pawn. Pawn will build upon Norway Chess’s mission to connect chess fans from all backgrounds, cultures, ages and languages through innovative experiences that bring new audiences to the game while honoring its storied past. The first major product, which launches later this year will be the world’s leading Fantasy Chess. Later this year, Pawn will launch a global Fantasy Chess app where chess enthusiasts worldwide can organize fantasy leagues andwhere they can compete against one another based on games played in real-world tournaments around the year.

Pawn’s Fantasy Chess will allow users to engage with the game like never before. First move, captain and team setups: Fantasy Chess looks at the game from the perspective of the pieces, inviting all players and chess communities to compete together side by side with the professionals.

Pawn’s Fantasy Chess will invite participants into a friendly competitive arena that encourages in-depth player analysis, scouting, roster research, lineup management, and the thrill of prediction found in traditional fantasy sports leagues. Through curated forums and thoughtful gameplay, the league will foster a sense of community and connection between grandmasters, YouTubers, commentators, and everyday players alike.

An invite-only beta launch is scheduled to take place during this year’s Norway Chess tournament at the end of May. Magnus Carlsen is personally involved, working alongside the teams at Norway Chess and Iterate to design the gameplay for the app.

For more information and updates about the Fantasy Chess app, visit fantasychess.app and sign up to receive the latest news.

The team behind Fantasy Chess: Kjell Madland, Anders Haugeto, Henrik Carlsen, Magnus Carlsen, Benedicte Westre Skog and Linn Eriksen.

Photo by: Julie Hrncirova

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