The world’s largest football organization FIFA (Federation Internationale de Soccer Affiliation) has now officially taken a decision to take a big step in the world of Crypto and NFT. FIFA has announced that it is migrating its NFT market and collection on a special Layer-1 Blockchain based on Avalanche Community. At the same time, it also indicated a few days ago that, FIFA will launch Fifa Blockchain for its NFT PlatformThis new platform is designed completely keeping in mind the digital fan experience, which aims to connect football fans with modern technology.
FIFA says that through this new technology, it will be able to reach more than 5 billion football fans around the world with boom and scalability. With this objective, the NFT collection called FIFA Bind, which was first hosted on Algorand and is now being migrated on Avalanche Community. With the move, algorand wallets such as PERA and Defly will no longer be supported, and instead users will be able to access FIFA Bind through Metamask and other EVM-supported wallets.
Supply: Enarthemythos
Why did FIFA choose the avalanche community?
FIFA has many technical and strategic reasons behind this decision. According to the CEO Francesco Abbato of Modex and FIFA Bind, this decision has been serious about the main points like performance, security, transaction fees, customizability and scalance. The Ethereum Digital Gadget (EVM) Compatibility feature of avalanche communication enables it to easily integrate with crypto wallets and decentralized apps.
Avalanche communication This infrastructure of will not only give a platform to FIFA to sell NFT, but he will also be able to give his fans an immersive digital experience, such as virtual collections, digital trophies, matches, etc. This is why, FIFA Avalanche Community has been chosen.
At the same time, more digital products and services in the future are planning to present through this new network, although they have not yet publicly announced them.
This step of FIFA can prove to be a big milestone for Crypto World
FIFA is a global regulatory body for football, which not only organizes the International Tournaments such as World Cup, but it also works like deciding the rules of football, development and promotion. It has access to the whole world and its every step affects the global trend. This time FIFA has turned to crypto and blockchain and it will not only be limited to an NFT platform, but it can also be the foundation of Future’s Digital Sports Ecosystem.
I believe that this move of FIFA not only reflects the combination of games and technology, but it will also give a new identity to the crypto and blockchain industry. It may be that the FIFA is inspired by FIFA and India’s sports institutions such as Sports Authority of Bharat (SAI) or All Bharat Soccer Federation (AIFF) also adopt Blockchain or NFT Era in the future. This will not only provide a new digital experience to the fans, but can also promote the expansion and impact of Crypto in India.
Conclusion
FIFA’s migration on avalanche communication is not only a technical change, but it can also bring revolution in the world of games in the coming time. This step indicates that blockchain technology is no longer limited to fennel transactions, but it is also rapidly increasing steps in entertainment, games and fan engagement.
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