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FIFA, the worldwide governing physique for affiliation soccer, has chosen the Avalanche community to develop its personal Layer-1 blockchain for its non-fungible token (NFT) platform, FIFA Acquire.
The information was shared in a weblog publish revealed by Avalanche yesterday. The brand new FIFA Blockchain is a customized Layer 1 (L1) community constructed to help digital collectibles and improve fan interplay on a worldwide scale.
FIFA selected Avalanche for its means to deal with excessive transaction volumes, low delays, and full governance management. It additionally gives low charges and stability throughout excessive site visitors intervals.
This new blockchain will function the bottom for a spread of digital merchandise. Step one would be the migration of FIFA Acquire, the group’s official digital collectibles platform.
https://twitter.com/FIFACollect/standing/1925100403672109278
FIFA launched FIFA Acquire in 2022 with the objective of providing soccer-themed digital collectibles. It permits followers to personal and protect key soccer moments on the blockchain. A restricted drop in 2023, tied to the “World Cup Saudi Arabia 2023,” included 1,000 NFTs that offered out inside half-hour.
In 2024, the Romanian Soccer Federation grew to become the primary to affix FIFA Acquire. This implies followers have been in a position to gather NFTs based mostly on actual match highlights from nationwide groups.
FIFA Acquire was not FIFA’s first transfer into Web3. In July 2024, FIFA filed a trademark utility for “WORLD CUP 2026,” signaling its curiosity in cryptocurrencies and the metaverse.
In 2023, it partnered with Upland metaverse to convey the Girls’s World Cup Australia & New Zealand 2023 right into a digital area. Earlier, in 2022, FIFA launched a set of Web3 video games linked to the World Cup Qatar 2022.
