• About
  • FAQ
  • Contact Us
Newsletter
Crypto News
Advertisement
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • News
  • Market
  • Analysis
  • DeFi & NFTs
  • Guides
  • Tools
  • Flash
  • Insights
  • Subscribe
No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • News
  • Market
  • Analysis
  • DeFi & NFTs
  • Guides
  • Tools
  • Flash
  • Insights
  • Subscribe
No Result
View All Result
Crypto News
No Result
View All Result
Home Analysis

FIFA Kicks Off Avalanche L1 to Power Soccer NFT Collectibles Platform

admin by admin
May 22, 2025
in Analysis
0
FIFA Kicks Off Avalanche L1 to Power Soccer NFT Collectibles Platform
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

In brief

  • FIFA is migrating its FIFA Collect digital collectibles platform from Algorand to its own dedicated blockchain built on Avalanche.
  • FIFA Collect offers NFT-based digital collectibles based on key players and moments from international soccer competition.
  • Avalanche enables developers to launch their own dedicated, customizable L1 or layer-1 chains.

FIFA, the governing body of international soccer, is planning to migrate its FIFA Collect NFT collectibles platform to its own Avalanche Layer-1 blockchain.

FIFA Collect, which allows users to purchase and trade NFT-based soccer highlights, was previously launched on Algorand and also issued some collectibles on the Ethereum scaling network Polygon.

Related articles

ASIC Sues Former Blockchain Global Exec Over M in Unpaid Customer Claims

ASIC Sues Former Blockchain Global Exec Over $20M in Unpaid Customer Claims

May 28, 2025
Cetus Reveals Recovery Plan, Taps SUI for Bridge Loan

Cetus Reveals Recovery Plan, Taps SUI for Bridge Loan

May 28, 2025

In April, the platform said it would leave Algorand and migrate assets to a new FIFA-centric blockchain, which is now confirmed to be powered by Avalanche.

“This move enhances our ability to deliver unique digital collectibles and immersive fan experiences, powered by the speed, scalability, and EVM compatibility. That means seamless integration with popular wallets, easier access, and a future-proof foundation for growth,” Francesco Abbate, CEO of Modex and FIFA Collect, said in a statement. 

“We’re proud to help lay the groundwork for a new era of digital football, and this technology aligned best with the long-term vision and the technical requirements needed to support the continued growth of our digital ecosystem.” 

The decision to migrate from Algorand was made by analyzing factors like performance, scalability, and customizability, according to Abbate. 

“FIFA is a world-renowned brand and league. Avalanche gives it the infrastructure and scale to leverage their global audience, fan base, and business ambitions on their terms and to expand with assets, applications, and use cases as they grow,” Ava Labs Chief Business Officer John Nahas told Decrypt. 

Now with FIFA’s digital soccer collectibles platform migrating to its own chain, Nahas said the industry should consider it a step towards broader adoption of blockchain. 

“I’m excited, I’m sure the Avalanche community will be thrilled, and the broader industry should see the largest sports league in the world expanding on-chain, with their own chain, as a step towards real world adoption of this technology that can bring about new assets, applications, and use cases,” Nahas added.  

The migration of FIFA Collect is the first of FIFA’s plans for its new blockchain, but future business cases are planned, according to a statement, though no further details were shared.

Edited by Sebastian Sinclair and Andrew Hayward

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.



#FIFA #Kicks #Avalanche #Power #Soccer #NFT #Collectibles #Platform

Tags: AvalancheCollectiblesFifakicksNFTplatformpowersoccer
Share76Tweet47

Related Posts

ASIC Sues Former Blockchain Global Exec Over M in Unpaid Customer Claims

ASIC Sues Former Blockchain Global Exec Over $20M in Unpaid Customer Claims

by admin
May 28, 2025
0

In brief ASIC has filed civil charges against former Blockchain Global director Liang Guo over alleged misuse of ACX customer...

Cetus Reveals Recovery Plan, Taps SUI for Bridge Loan

Cetus Reveals Recovery Plan, Taps SUI for Bridge Loan

by admin
May 28, 2025
0

Six days after a $223 million exploit shook the Sui ecosystem, decentralized exchange Cetus has announced a recovery initiative that...

El Salvador Defies IMF Again With Fresh Bitcoin Purchase Following Loan Review

El Salvador Defies IMF Again With Fresh Bitcoin Purchase Following Loan Review

by admin
May 28, 2025
0

In brief El Salvador added eight more Bitcoin to its reserve despite IMF warnings An IMF agreement struck on Tuesday...

AI and Crypto Czar David Sacks Says the US Could Buy More Bitcoin

AI and Crypto Czar David Sacks Says the US Could Buy More Bitcoin

by admin
May 28, 2025
0

In brief AI and Crypto Czar David Sacks appeared at Bitcoin 2025 in Las Vegas on Tuesday. Sacks suggested that...

Ethereum Options Market Signals Cautious Optimism as Open Interest Climbs

Ethereum Options Market Signals Cautious Optimism as Open Interest Climbs

by admin
May 28, 2025
0

In brief Amberdata data shows only a 12% chance of ETH exceeding $5,000 by December 2025. Retail traders are targeting...

Load More
  • Trending
  • Comments
  • Latest
Bitcoin and Ethereum Stuck in Range, DOGE and XRP Gain

Bitcoin and Ethereum Stuck in Range, DOGE and XRP Gain

April 25, 2025
Saylor says Warren Buffett’s Berkshire Hathaway is Bitcoin of 20th century – Deep Insight

Saylor says Warren Buffett’s Berkshire Hathaway is Bitcoin of 20th century – Deep Insight

May 7, 2025
Amazon CEO on Crypto and NFTs, EPNS to Expand Beyond Ethereum + More News

Amazon CEO on Crypto and NFTs, EPNS to Expand Beyond Ethereum + More News

April 25, 2025
Why DeFi agents need a private brain

Why DeFi agents need a private brain

May 4, 2025
US Commodities Regulator Beefs Up Bitcoin Futures Review

US Commodities Regulator Beefs Up Bitcoin Futures Review

0
Bitcoin Hits 2018 Low as Concerns Mount on Regulation, Viability

Bitcoin Hits 2018 Low as Concerns Mount on Regulation, Viability

0
India: Bitcoin Prices Drop As Media Misinterprets Gov’s Regulation Speech

India: Bitcoin Prices Drop As Media Misinterprets Gov’s Regulation Speech

0
Bitcoin’s Main Rival Ethereum Hits A Fresh Record High: 5.55

Bitcoin’s Main Rival Ethereum Hits A Fresh Record High: $425.55

0
ASIC Sues Former Blockchain Global Exec Over M in Unpaid Customer Claims

ASIC Sues Former Blockchain Global Exec Over $20M in Unpaid Customer Claims

May 28, 2025
Crypto czar Sacks says US could possibly ‘acquire more Bitcoin’

Crypto czar Sacks says US could possibly ‘acquire more Bitcoin’

May 28, 2025
Bitcoin Traders Eye New Highs by End of Summer; Ether Rises 3% on Treasury Optimism

Bitcoin Traders Eye New Highs by End of Summer; Ether Rises 3% on Treasury Optimism

May 28, 2025
Cetus Reveals Recovery Plan, Taps SUI for Bridge Loan

Cetus Reveals Recovery Plan, Taps SUI for Bridge Loan

May 28, 2025
  • About
  • FAQ
  • Contact Us
Call us: +1 23456 JEG THEME

© 2025 Btc04.com

No Result
View All Result
  • Home
  • News
  • Market
  • Analysis
  • DeFi & NFTs
  • Guides
  • Tools
  • Flash
  • Insights
  • Subscribe
  • Contact Us

© 2025 Btc04.com