@chessiooxyz

Chessio King is a chess-themed memecoin on HyperEVM that claims to reward players with points convertible to $CHESSIO tokens.

The project launched on alt.fun with a working chess game, 12 collectible skins, and PvP functionality.

However, the account was created only 6 weeks ago (April 2026), has minimal following (215), and exhibits memecoin hype patterns with airdrop requirements and presale-style messaging.

Green flags: Working chess game with multiple difficulty levels and PvP functionality · Transparent tokenomics (92% community, 0% tax) and public contract address · Actual product deployed before token launch on alt.fun

Red flags: Brand new account (created April 2026, <2 months old) with minimal traction · Memecoin mechanics with typical airdrop eligibility requirements ($20-25 minimum hold) · Generic gaming token model without clear differentiation from countless play-to-earn projects · Extremely small community (215 followers) and low engagement despite 'launch day' hype · Launched on alt.fun (meme launchpad) suggesting speculative rather than serious gaming focus