FIFA and Algorand team up to launch NFTs platform during the World Cup

FIFA, soccer’s most important body, and Algorand, one of the most recognized blockchains in the ecosystem, teamed up to create a platform for NFTs for the next World Cups, the Men’s in Qatar 2022 and the Women’s in Australia/New Zealand 2023.

FIFA, in partnership with Algorand, announced that it will create a platform of NFTs called “FIFA+ Collect”. The launch is scheduled for later this month and will give soccer fans around the world the chance to own unique digital collectibles at a price that FIFA says will be affordable for everyone. It is the first foray of the Fédération Internationale de Football Association with the NFTs industry in an official way and what better way than at the upcoming men’s World Cup to be played in Qatar at the end of this year. In addition, they will also create non-fungible tokens for the next women’s World Cup to be played in Australia/New Zealand between July and August 2023.

FIFA’s goal is to make a series of FIFA World Cup-related collectibles available to any soccer fan and give users the chance to own a part of the World Cup to be played in Qatar at the end of 2022.

The launch and subsequent sale of these NFTs will be enabled at the end of September with initial collections and details of the next collections to be unlocked as the days go by and we get closer and closer to the most important event at country level created by FIFA.

Also, they plan to launch exclusive and limited edition collections, since, like all NFT projects, they will probably be divided into different characteristics and rarities to generate levels of importance in the different non-fungible tokens.

The FIFA+ Collect platform will be available for all web and mobile devices. It will also be available in three languages (English, Spanish and French). The app will run on Algorand, FIFA’s official blockchain and the technology of choice for more than 2,000 global organizations, governments and decentralized financial applications.

W. Sean Ford, interim CEO of Algorand said that he has engaged with FIFA to take web3 to the next level, as FIFA’s desire to innovate and engage directly and seamlessly with soccer fans around the world underscores the commitment of both Algorand and the world’s leading soccer industry body.

The official FIFA+ Collect channels are as follows:

FIFA AND ALGORAND

FIFA has partnered with blockchain technology company Algorand in May 2022 with the goal of this blockchain becoming FIFA’s official blockchain platform and building, among other things, an official blockchain-compatible wallet.

The sponsorship agreement with Algorand will see the blockchain created by Silvio Micali, a well-known MIT professor, Turing Award winner, and cryptography specialist, as one of the regional sponsors of the 2022 FIFA World Cup Qatar 2022 in North America and Europe. In addition, it will be an official sponsor of the FIFA Women’s World Cup Australia/New Zealand 2023.

FIFA president Gianni Infantino said it is a clear sign of FIFA’s commitment to seek innovative channels for revenue growth in the soccer industry. He added that blockchain technology ensures transparency for fans and that this feature is a key element of FIFA’s vision for soccer to be truly global.

On the other hand, FIFA’s Chief Commercial Officer, Romy Gai added that the partnership with Algorand officially brings the blockchain world and soccer together to generate more opportunities and develop new applications.

On the other hand, Algorand founder Silvio Micali concluded by saying that the alliance with FIFA reveals the potential of its blockchain to transform the way users, fans and sports fans experience this global game.

FIFA+

FIFA+ launched in April 2022 with the goal of offering live domestic league matches from around the world, match statistics, international soccer archives, premium original content, immersive global storytelling and much, much more.

It is a streaming platform that broadcasts more than 29,000 men’s soccer matches and more than 11,000 women’s soccer matches.

In addition, among other benefits and content it has:

  • FIFA+ Archive: It will offer all men’s and women’s World Cup matches that have been recorded throughout history, i.e. more than 2,000 hours of archival footage.

  • Matches, News and Games Central: This match central allows fans to know more than 400 men’s and 65 women’s competitions. It will also have news, statistics, voting, contests and forecasts, among other things. The highlight is the Qatar 2022 World Cup album in digital format, which can already be completed on the platform.

  • FIFA+ Original Productions: As a streaming platform, FIFA+ features documentaries, two-part series, talk shows and short films, all translated into eleven languages to review the best and most exciting stories from throughout soccer’s history. It features stars of yesterday and today from more than 40 countries. Among the highlights are: Ronaldinho, Luka Modric, Thiago Silva, Dani Alves, Gary Lineker, Romeu Lukaku, Ronaldo Nazário, Lucy Bronze and Carli Lloyd.

From NFTexpress we will keep you informed to know all the news about the FIFA+ Collect platform and the NFTs that will be launched by the world’s most important global soccer body together with the Algorand blockchain.

Written by Rodrigo Catalan (TW: @RodrigoCatalanB) for NFT Express.