FIFA is launching a new space in partnership with Algorand that will offer NFT non-fungible tokens (NFTs) are cryptocurrencies that do not possess the property of fungibility. fans of the ” iconic moments “The most famous football match in the history of the World Cup.
- FIFA will launch its first NFT collection with Algorand.
- Iconic moments of the World Cup will be immortalized on Blokchain.
- FIFA+ Collect will be available on the FIFA+ stream.
- Algorand and FIFA have been partners since before.
The Fédération Internationale de Football Association, better known by its acronym FIFA, is officially entering the NFT space to give football fans access to a new range of exclusive digital merchandise.
In a communiqué On Friday, FIFA announced the launch of its first-ever NFT platform a place to buy, sell and store cryptocurrency that will seek to showcase its famous international football tournament. The platform, called, ‘ FIFA+ Collect ‘ will bring fans NFT collections that immortalize some of the classic moments of World Cup history in its 90+ years.
The association, which governs football federations around the world, said the initiative will allow sports fans to own and exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. “the most important information in the world”. the best moments”. y “the most emblematic “The FIFA World Cup and FIFA Women’s Championship, including the most iconic goals, tricks, saves and celebrations from these competitions.
The movement brings “ new and exciting FIFA’s commercial director, Romy Gai, said, “We have found ways for fans to get involved with the game, with their favorite teams and athletes:
This exciting announcement makes FIFA collectibles available to any football fan, democratising the possibility of owning a piece of the FIFA World Cup. Like sports memorabilia and stickers, this is an accessible opportunity for fans around the world to interact with their favorite players, moments and more on new platforms.
FIFA+ Collect Iconic moments of football at NFT
The launch comes in alliance with FIFA’s technology partner,Algorandwhich will serve as a platform Blockchain a distributed ledger system. A sequence of blocks, or units of digital information, stored consecutively in a public database. The basis for cryptocurrencies. underlying digital collectibles for FIFA+ Collect.
Algorand (ALGO)a proof-of-stake poS is a type of consensus algorithm that rewards validators according to the amount of crypto they have staked. (PoS) blockchain, has a previous relationship with the football association. In May this year,Algorand became the regional sponsor for North America and Europe for the 2022 FIFA World Cup, as well as being the first partner for the Blockchain of one of the world’s leading football organisations.
FIFA had already hinted at its foray into NFT, when it revealed at the time that it would be working withAlgorand to develop a “ digital digital technologies are these electronic tools that have the ability to generate, store or even process data. asset strategy “. Sean Ford, interim executive director of Algorand added in today’s statement that the launch is an indicator of the “ innovative spirit “and FIFA’s commitment to move into the Web3.
The new NFT platform will be available on the official platform of straming of FIFA, FIFA+ The tournament will begin in late September, shortly before the official opening of the Cup in Qatar 2022 in November.
According to the release, fans will be able to join the community on the app or website to sign up and receive updates on future collections. FIFA+ Collect will be available in three languages: English, French and Spanish.
It was not stated whether collectibles will be sold at a minimum price or what these costs might be. The statement suggests that users will be able to have free access to the platform and its offering of digital items.
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Article by Hannah Estefania Perez / DiarioBitcoin
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