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New Blockchain Launch
FIFA is set to unveil a new blockchain network designed to enhance its NFT collections and fan experiences. This initiative marks a significant step in FIFA’s digital change, aiming for improved performance and scalability.
FIFA’s Blockchain Initiative
- Migration Proclamation: FIFA will transition its NFT collection from the Algorand blockchain to the newly developed “FIFA Blockchain,” which is compatible wiht Ethereum Virtual Machine (EVM). The migration process is expected to start no earlier than May 20.
- User Guidance: During this transition, users will receive detailed instructions on any necessary actions. After migration, wallets like Pera and Defly will no longer be supported; rather, users can connect via MetaMask or other EVM-compatible wallets.
Expanding Digital Horizons
- Growing Interest in NFTs: This move reflects FIFA’s increasing engagement with NFTs and Web3 gaming. The institution previously launched an NFT collection ahead of the 2023 Club World Cup in collaboration with Modex.
- Upcoming Game Release: In partnership with Mythical Games, FIFA plans to release “FIFA rivals,” a free-to-play soccer game for mobile devices by summer 2025. the game aims to attract millions of players by allowing them to manage their own football clubs.
Final Thoughts
FIFA’s new blockchain initiative signifies its commitment to enhancing fan engagement through innovative technology.As it transitions its NFT platform, fans can look forward to exciting developments in both collectibles and gaming experiences.
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