FIFA, the governing body of international football, plans to migrate its FIFA Collect NFT Collectibles platform to its own avalanche 1 blockchain.
The FIFA Collection, which allows users to purchase and trade NFT-based soccer highlights, was previously launched in Algorand and has published several collectibles on the Ethereum Scaling Network Polygon.
In April, the platform said it would. I’m leaving Algorand Migrate assets to a new FIFA-centric blockchain. This has now been confirmed to be driven by an avalanche.
“This move will improve our ability to deliver unique digital collectibles and immersive fans. Experiences with speed, scalability and EVM compatibility. It means seamless “Integration with popular wallets, easy access, and future prevention foundation for growth.” Francesco Abbate, CEO of Modelex and FIFA Collect, said in a statement.
“We are proud to help lay the foundations for a new era of digital football. The best technology is best for your long-term vision and the technical requirements you need Supports the continued growth of the digital ecosystem. ”
According to Ambate, the decision to move from Algorand was made by analyzing factors such as performance, scalability, and customizability.
“FIFA is a world-renowned brand and league. Avalanche leverages global audience, fanbase and business ambitions, providing infrastructure and scale to expand in assets, applications and use cases as they grow.” Decryption.
Nahas said the industry should consider it a step towards wider adoption of blockchains as FIFA’s digital soccer collection platform is moving into its own chain.
“I’m excited. I’m sure the avalanche community is excited and we’ll see the wider industry expanding the world’s largest sports league with its own chain, as a step towards adoption of this technology, bringing new assets, applications and use cases,” Nahas added..
The FIFA Collection migration is the first of FIFA’s new blockchain plans, but the statement says future business cases are planned, but details have not been shared.
edit Sebastian Sinclair and Andrew Hayward