{"id":129783,"date":"2025-05-22T11:24:10","date_gmt":"2025-05-22T11:24:10","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=129783"},"modified":"2025-05-22T11:24:10","modified_gmt":"2025-05-22T11:24:10","slug":"fifa-taps-avalanche-to-launch-dedicated-blockchain-for-nft-platform","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=129783","title":{"rendered":"FIFA taps Avalanche to launch dedicated blockchain for NFT platform"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsThe Federation Internationale de Football Association (FIFA) has selected Avalanche to power its dedicated blockchain network for non-fungible tokens and digital fan engagement, the organization announced on May 22.<br \/>\nFIFA\u2019s layer-1 (L1) blockchain will be powered by the Avalanche network\u2019s scalability-focused infrastructure for the association\u2019s five billion fans worldwide.<br \/>\nThe move comes nearly a month after FIFA announced its initial plans to launch a new network for its blockchain-based collectibles. AvaCloud\u2019s Ethereum Virtual Machine (EVM) compatibility will enable smoother integration with decentralized wallets and applications.<br \/>\nRelated: Bitcoin hits new all-time high of $109K as trade war tensions ease<br \/>\nThe move will enable FIFA to deliver \u201cunique digital collectibles and immersive fan experiences, powered by the speed, scalability, and EVM compatibility,\u201d according to Francesco Abbate, CEO of Modex and FIFA Collect.<br \/>\n\u201cThe decision was based on a rigorous analysis of key factors including performance, security, transaction fees, customizability, and scalability,\u201d Abbate stated in a May 22 announcement shared with Cointelegraph.<br \/>\nRelated: Bitcoin volatility lowest in 563 days, Hayes predicts $1M BTC by 2028<br \/>\nFIFA Collect begins migration to Avalanche<br \/>\nAs part of the rollout, FIFA will migrate its NFT marketplace and NFT collection, FIFA Collect, to the new Avalanche-powered FIFA Blockchain.<br \/>\nFIFA added that \u201cfuture plans and business cases are planned but not yet publicly disclosed.\u201d<br \/>\nFollowing the migration, external Algorand-based wallets such as Pera and Defly will no longer be supported. Instead, users will be able to connect to FIFA Collect via MetaMask or other EVM wallets that support WalletConnect.<br \/>\nFIFA launched its NFT collection ahead of the 2023 Club World Cup in Saudi Arabia in collaboration with blockchain firm Modex.<br \/>\nSource: EntertheMythosIn November 2024, FIFA partnered with blockchain gaming studio Mythical Games to launch FIFA Rivals, a free-to-play soccer game for iOS and Android.<br \/>\nMagazine: Bitcoin $100K hopes on ice, SBF\u2019s mysterious prison move: Hodler\u2019s Digest, April 20 \u2013 26<a href=\"https:\/\/cointelegraph.com\/news\/fifa-avalanche-l1-nft-marketplace?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsThe Federation Internationale de Football Association (FIFA) has selected Avalanche to power its dedicated blockchain network for non-fungible tokens and digital fan engagement, the organization announced on May&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/129783"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=129783"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/129783\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=129783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=129783"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=129783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}