With this tweet https://twitter.com/Chess_Coin/status/1009499577077022720 on June 20, it was clear that Isolani159 had finished its 2016 project and wanted to start something completely new.

Chess Token is generated to be an intermediate tool to actualize ChessCoin new plans and roadmap. Once ChessCoin Token establishes its value, that's the right time to upgrade ChessCoin to new level of a world currency for Chess.

This is the new project of Isolani159: https://etherscan.io/token/0x90663f99e508c821ec9bc3634e36ce6e115f25f7

And this is an ERC20 token and was created and exists on the Ethereum Blockchain - were created from one day to the next, so they have no history and no past… Where should the trust come from for these tokens? Reliance on these ERC20 tokens is relatively low because the further development of these projects requires their own blockchain and their own developers.


Here's the list of tokens on this Ethereum Blockchain: https://etherscan.io/tokens?p=1

The other thing that hinders confidence in a secure future for these tokens is that the creator can create new tokens overnight and throw away the old ones - there is no independent network and no security!
Many user have an interest and want to see how the network work. For example ChessCoin - there  are 20 - 25 permanent nodes and that gives you a lot of confidence in the network!

Here's the list of ChessCoin tokens on this Ethereum Blockchain: https://etherscan.io/tokens?q=Chess

There are many examples that started on the Ethereum Blockchain and later to independent they build your own blockchain  - why should ChessCoin take a step back and break away from an independent blockchain?

And no, I will not support ChessCash and Isolani159 and this ERC20 Token.