US EditionFIFA Doubles Down on Web3 Ambitions by Building Its Own Avalanche-Powered Blockchain
- FIFA launched its own dedicated Layer-1 blockchain powered by Avalanche on May 22, aiming to enhance digital fan engagement worldwide.
- This move builds on FIFA’s prior Web3 efforts and follows a rigorous analysis of performance, security, fees, customizability, and scalability.
- FIFA is transitioning its digital collectibles marketplace, FIFA Collect, onto a new blockchain developed in partnership with Modex to enhance fan engagement through more immersive experiences.
- Francesco Abbate, CEO of Modex, praised the launch as a significant advancement in enhancing digital fan engagement, emphasizing Avalanche’s strengths in scalability and seamless integration.
- FIFA’s blockchain initiative signals sustained institutional interest in blockchain technology and aims to provide consistent, interoperable digital products to five billion fans.
15 Articles
15 Articles
FIFA Launches Its Own Blockchain for Football Fans
FIFA, the governing body of world football, launched its blockchain, which will allow it to deploy new products and services for sports fans. FIFA chose the Avalanche network to boost its dedicated L1 blockchain, laying the foundation for the future of digital collectibles, ticket sales, and user interaction."The announcement marks a significant change in FIFA's blockchain strategy, and consolidates its digital ecosystem into Avalanche's high-pe…
FIFA Taps Avalanche For Its NFT Platform, Drops Algorand Support - FinanceFeeds
FIFA is moving its digital collectibles platform to Avalanche, choosing the layer-1 blockchain to run a new network aimed at engaging its global fan base of nearly five billion. The football governing body confirmed on Thursday that its NFT platform, FIFA Collect, will begin migrating to the Avalanche-powered infrastructure, replacing the existing setup built on Algorand. Once complete, wallets like MetaMask and others using WalletConnect will b…
FIFA Collect moves to Avalanche layer
Modex is named as the technical partner and infrastructure provider. FIFA Rivals to offer an NFT marketplace through Mythical Games. Blockchain to support NFTs, games, and digital fan assets. FIFA is building a dedicated Layer-1 blockchain in collaboration with Avalanche and Modex, set to host its FIFA Collect digital collectibles. The migration, scheduled after May 20, will establish a custom blockchain infrastructure tailored for fan-focused N…
FIFA partners with Avalanche to build its own layer-1 blockchain
The Fédération Internationale de Football Association, FIFA has partnered with blockchain platform, Avalanche to launch its own Layer1 blockchain on Avalanche. In a blog post today, Avalanche described the launch as a pivotal step in FIFA’s evolving Web3 strategy. The launch of the L1 on AVAX signifies a significant shift in the football body’s approach to blockchain development. As revealed, the FIFA Blockchain is a custom Layer1 network, desig…
FIFA Builds Its Own Blockchain on Avalanche Network
FIFA, the global governing body for football, has taken a significant leap in its digital strategy by establishing its own blockchain infrastructure. This move, which leverages Avalanche’s Layer-1 network, marks a decisive departure from earlier reliance on third-party platforms. The organization now aims to build a scalable and autonomous system tailored for the demands of major sporting events. The decision follows years of digital experimenta…
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