Algorandy prepares for FIFA World Cup 2022 with new NFT platform

If you are a football fan then there is no escaping the fact that the World Cup is just around the corner. Following the disruptions caused by COVID-19 for the Euros, it’s great to see football back on the agenda. Although we are back to normalcy, World Cup 2022 is still going to be a bit unique.

First, it is a tournament that is played to avoid the heat of Qatar during the winter. Secondly, this will be the first World Cup where FIFA NFTs are available. Thanks to a partnership with Algorand, the FIFA NFT platform, FIFA + Collect, is set to bring a whole new dimension to the meaning of being a collector in the world of football.

What are FIFA NFTs?

When it comes to football, and indeed the World Cup, collecting has a long tradition. There have been cases where fans have become desperate to get their hands on match day programs and other memorabilia and build collections they can be proud of. On a basic level, people still go wild for sticker albums that they’re desperate to fill before the tournament ends. FIFA takes this idea of ​​collecting NFTs to the next level.

NFTs are unique tokens that exist on the blockchain. They serve as proof of ownership of digital assets such as artwork, music or even games.

What will be the features of FIFA NFTs?

We are still waiting for the exact details of what will be seen in FIFA NFT. However, what we do know is that they are set to represent the most memorable moments of the tournament. While NFTs can be expensive, to say the least, there is a commitment that FIFA NFTs will be affordable, inclusive and accessible, meaning all fans have the opportunity to get on board.

FIFA NFT platform

The FIFA NFT platform, known as the FIFA+ Collection, is set to be officially launched after September It is on this platform that you can check out the available FIFA NFTs as well as purchase anything that catches your eye. To access the platform, you need to go to FIFA+. This is where FIFA hosts live games as well as football-related news and content.

Algorand – the blockchain of choice

While many tokens from Ethereum sit on the Solana blockchain, FIFA NFTs are part of the Algorand blockchain. A partnership between FIFA and Algorand was formed in May this year and the World Cup FIFA NFT is the first project that has been launched since then.

Algorand comes with green credentials which is great for those who fear the negative impact crypto can have on the environment. This may have been a deciding factor when FIFA was looking for a partner: such a prestigious organization needed a partner that would be welcome, and respected, on the world stage.

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