Saturday, June 14, 2025
Blockchain Viral
  • Home
  • Viral Videos
  • Viral News
  • Cryptocurrency Marketcap
No Result
View All Result
Blockchain Viral
  • Home
  • Viral Videos
  • Viral News
  • Cryptocurrency Marketcap
No Result
View All Result
Blockchain Viral
No Result
View All Result
Home Crypto News

FIFA Teams Up with Avalanche to Launch Custom Blockchain for NFTs – Cryptoflies News

Blockchain Viral by Blockchain Viral
3 weeks ago
in Crypto News
0
FIFA Teams Up with Avalanche to Launch Custom Blockchain for NFTs – Cryptoflies News
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


26

FIFA, the global governing body for association football, has selected the Avalanche network to develop its own Layer-1 blockchain for its non-fungible token (NFT) platform, FIFA Collect.

The news was shared in a blog post published by Avalanche yesterday. The new FIFA Blockchain is a custom Layer 1 (L1) network built to support digital collectibles and enhance fan interaction on a global scale.

FIFA chose Avalanche for its ability to handle high transaction volumes, low delays, and full governance control. It also offers low fees and stability during high traffic periods.

This new blockchain will serve as the base for a range of digital products. The first step will be the migration of FIFA Collect, the organization’s official digital collectibles platform.

🚀 Big News: FIFA Collect Has Migrated to the New FIFA Blockchain! 🌍⚽️

FIFA Collect is now live on the newly launched FIFA Blockchain.

This move enhances our ability to deliver unique digital collectibles and immersive fan experiences, powered by the speed, scalability,… pic.twitter.com/5bXJxRvBKU

— FIFA Collect (@FIFACollect) May 21, 2025

FIFA launched FIFA Collect in 2022 with the goal of offering soccer-themed digital collectibles. It allows fans to own and preserve key soccer moments on the blockchain. A limited drop in 2023, tied to the “World Cup Saudi Arabia 2023,” included 1,000 NFTs that sold out within 30 minutes.

You Might Be Interested In

In 2024, the Romanian Football Federation became the first to join FIFA Collect. This means fans were able to collect NFTs based on real match highlights from national teams.

FIFA Collect was not FIFA’s first move into Web3. In July 2024, FIFA filed a trademark application for “WORLD CUP 2026,” signaling its interest in cryptocurrencies and the metaverse. 

In 2023, it partnered with Upland metaverse to bring the Women’s World Cup Australia & New Zealand 2023 into a virtual space. Earlier, in 2022, FIFA introduced a set of Web3 games linked to the World Cup Qatar 2022.





Source link

Tags: AvalancheBlockchainCryptofliesCustomFIFALaunchNewsNFTsTeams
Previous Post

The Road to the VeeFriends TCG Championship Begins in NYC — June 23

Next Post

Weekly Roundup: VeeFriends on Buses to Disney, Collect-a-Con Orlando, Chrome Superfractors… and…

Next Post
"A Decade From Now, Bitcoin Is More Likely To Be 0 Than 0,000"

"A Decade From Now, Bitcoin Is More Likely To Be $100 Than $100,000"

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Channels

Advertise Here?

Blockchain Viral

Blockchain Viral brings you the latest in crypto news and trends, featuring top YouTube videos from leading crypto influencers. Stay informed on blockchain updates, market insights, and everything happening in the world of cryptocurrency

  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2024 Blockchain Viral.
Blockchain Viral is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Viral Videos
  • Viral News
  • Cryptocurrency Marketcap

Copyright © 2024 Blockchain Viral.
Blockchain Viral is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In