To celebrate the fact that we recently received additional funding for the Gothic Chess Federation, we will have a $3000 first prize tournament for the title of World Champion. There is no entrance fee!! First round winners from each section of 8 players will also receive $250 as soon as the play completes. If more than one winner, this $250 will be split equally. Winners of the second round (if there is one) will receive $500 each. This money will be split in the event of multiple winners in each section. The winner of the tournament will receive an additional $3000. The second place finisher will receive $1000.