Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (1,409)
  • Analysis (1,594)
  • Bitcoin (2,180)
  • Blockchain (1,279)
  • DeFi (1,502)
  • Ethereum (1,489)
  • Event (56)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (1,546)
  • Press Releases (1)
  • Reddit (831)
  • Regulation (1,444)
  • Security (2,065)
  • Thought Leadership (2)
  • Videos (41)
Hand picked
  • Injective Flamps 12% – Evaluate if you have to buy inj
  • Bitcoin changes: Saylor targets $ 21 million by 2046
  • The American Senate adopts the draft law on the stable engineer
  • Solana Rally on Binance and OKX in the middle of market tension
  • The best crypto to buy before early July – Ethereum (ETH) is not the only smart game – TradingView News
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»Analysis»FIFA moves the NFT platform to a new EVM compatible blockchain
Analysis

FIFA moves the NFT platform to a new EVM compatible blockchain

May 1, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Fifa moves nft platform to new evm compatible blockchain.jpg
Share
Facebook Twitter LinkedIn Pinterest Email


Key notes

  • FIFA migrated its NFT platform to an EVM compatible blockchain for better performance and scalable.
  • Migration should occur on May 20, 2025 or after.
  • FIFA collection owners will have to re -implement the exported collectibles before the deadline.

The International Football Association Federation (FIFA) has announced its intention to launch a new blockchain platform for its collectibles of non-buttons (NFT) and its experiences of fans. The new platform, FIFA Blockchain, will be compatible with EVM and should offer improved performance, future features and improved scalability.

In the announcement made on April 30, FIFA revealed that its NFT, FIFA Collect collection, migrated from the Algorand blockchain to the new FIFA blockchain. The existing owners of the FIFA Collect NFTS will be able to access their collectibles on the new platform.


Currently, holders are not required to take measures, but if measures are necessary, FIFA will provide detailed instructions.

Details and actions of migration for FIFA collection owners

Migration should occur on May 20, 2025 or after or after.

FIFA collection owners can expect an experience similar to what they had before, with access to their collectibles via their existing accounts. The main difference will be the introduction of new features on the FIFA blockchain.

Migration will be free for all collection holders. However, FIFA noted that all the exported collectibles from the platform had to be replicated before May 20, 2025, in order 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.

USDC users will be able to spend their parts before migration, but withdrawals will only be authorized after the migration date. On the day of migration, the platform should be temporarily offline for about 12 hours. Users will be informed in advance.

The announcement also said that after the completion of migration, portfolios based on Algorands blockchain, such as Defly and Pera, will no longer be supported. Instead, holders will have to go to EMV compatible wallets, such as Metamask, to access their collectibles.

The transition to an EVM compatible blockchain aligns with a broader trend in the industry, because more projects adopt Ethereum standards to stimulate the scalability, interoperability and adoption of developers.

Platforms as injective have recently launched the EVM native support, reaching high speed and allowing advanced functionalities such as AI on chain and the institutional quality challenge, highlighting the growing momentum behind the EVM-based infrastructure.

following

Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.

NFT News, Cryptocurrency News, News

Rose Nnamdi

Rose is a writer of cryptographic content with solid experience in finance and technology. It simplifies complex blockchain and cryptocurrency subjects, offering insightful articles and market analysis to help readers sail in the evolving cryptography landscape.

Rose Nnamdi on Linkedin



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleComtex | API Distribution and news of the press release
Next Article Stacks associates with EVG and Aspen Digital to extend the adoption of layer 2 of Bitcoin across Asia

Related Posts

Analysis

Bitcoin changes: Saylor targets $ 21 million by 2046

June 23, 2025
Analysis

$ 96,000 or $ 144,000? Bitcoin mayer several current price target options from Bitcoin Mayer

June 23, 2025
Analysis

Geopolitical tensions cause crypto despite the selected Altcoin gains

June 22, 2025
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Event

Philippine Blockchain Week 2025 Welcomes Global Web3 Trailblazers to Manila

June 9, 2025

Manila, Philippines – June 9, 2025 — As Philippine Blockchain Week (PBW) 2025 returns for…

Event

ETHMilan 2025 Returns With a Stellar Line-Up at One of Milan’s Most Iconic Venues

June 5, 2025

Milan, Italy – Mark your calendars! ETHMilan, Italy’s largest international Ethereum and Web3 conference, is…

1 2 3 … 49 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

Injective Flamps 12% – Evaluate if you have to buy inj

June 23, 2025

Solana (Sol) and Aptos (Apt) appointed best candidates for the proposed stable token program of Wyoming

June 23, 2025

The Wood Cathie Ark sells $ 146 million in circle shares in the middle of 250% rally – what stimulates the outing?

June 22, 2025
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2025 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 101,308.14
ethereum
Ethereum (ETH) $ 2,240.62
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.02
bnb
BNB (BNB) $ 621.72
solana
Solana (SOL) $ 133.49
usd-coin
USDC (USDC) $ 1.00
tron
TRON (TRX) $ 0.266026
dogecoin
Dogecoin (DOGE) $ 0.152934
staked-ether
Lido Staked Ether (STETH) $ 2,239.59