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Home»Bitcoin»FIFA moves its NFT platform to its own blockchain network
Bitcoin

FIFA moves its NFT platform to its own blockchain network

April 30, 2025No Comments3 Mins Read
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The International Football Association (FIFA) Federation continues to consolidate its position on the world market for non -fascinable tokens. During its recent move, the International Football Federation transferred its collections of non -tumbled tokens in Algorand to a blockchain network compatible with Ethereum virtual machine (EVM). FIFA planned to offer its improved NFT users performance and scalability.

FIFA launches its own blockchain network

In a publication of site of April 30, the International Football Association Federation confirmed its intention to migrate its collections of non -tumbled tokens to its new FIFA blockchain network. The new blockchain network is compatible with Ethereum Virtual Machine (EVM) and should offer improved performance, future functionalities and improved scalability. This decision should occur on May 20, 2025.

🚨BREAKING: FIFA to launch its own EVM compatible blockchain 💪 pic.twitter.com/kgxwyczb3k

– Marzell (@marzellcrypto) April 30, 2025

FIFA entered the NFT market in 2022 with the launch of its digital collection platform, FIFA + Collect, in partnership with Algorand. In 2023, FIFA, the organ director of international football competitions, announced the launch of a collection of non -bubble tokens (NFT) in collaboration with Blockchain Modex. Since its creation, the FIFA + Collective platform has carried out 11 drops of NFT, hitting 909 255 digital and attractive collectibles 16,448 holders.

From next month, the FIFA Collect Migrera of the Algorand Blockchain at the new FIFA blockchain. The existing owners of the FIFA Collect NFTS will be able to access their collectibles on the new platform. FIFA has promised its FIFA + NFT collecture users a more improved experience than before, with access to their digital collectibles via their existing cryptographic portfolio accounts.

FIFA + Collect NFT Migration explained

Based on the information shared on its website, the migration process will be free for all collection holders. However, FIFA noted that all the exported collectibles of the platform had to be replicated before May 20, 2025 to be included in migration. To facilitate this, FIFA collection accounts will temporarily allow the reinportation functionality. Holders who do not reproduce their items by the deadline must contact customer support and may have to go through an additional verification process.

FIFA’s decision to abandon algorands and create its EVM compatible blockchain network is a strategic step to position itself with a broader trend in the industry, because more and more projects embrace Ethereum standards to stimulate the scalability, interoperability and adoption of developers. FIFA seems to follow the injective imprint, which recently launched the EVM native support. Since then, he has reached high flow and has enabled advanced features such as AI on chain and the challenge of institutional quality.

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