FIFA releases a new set. NFT collectibles Algorand and Ethereum network expansion polygon Ahead of the 2023 FIFA Club World Cup in Saudi Arabia presentation this week.
The global football body said this will be its first collectibles launch through a new collaboration with cryptocurrency startup Modex, which will oversee the strategic management of FIFA’s digital collectibles platform, FIFA+ Collect. collectibles platform Released in 2022 We use NFTs issued exclusively on the Algorand blockchain.
On Tuesday, FIFA said it would continue to launch NFTs on Algorand through its own platform while also expanding into Polygon through the OpenSea marketplace.
FIFA+ Collect will release a total of 1,000 NFTs around the FIFA Club World Cup, with the first 100 issued by Algorand and released on December 15th. This includes the drop’s “rarest collectibles” that “offer you the opportunity to secure” a 2026 ticket. FIFA World Cup Finals (by release)
The remaining 900 NFTs will be released on the OpenSea Marketplace on December 19th. Additional FIFA NFT launches will also take place on OpenSea’s Polygon.
A Polygon Labs representative originally said: decryption However, FIFA officials said that while the platform is “expanding” to Polygon, it is “not moving” on Algorand.
A FIFA official added, “In the future, we will always keep in mind the interests of existing and future users and make technical choices to provide them with the best service.” “In this sense, we continue to monitor developments in existing chains and communities and are very pleased that Polygon is collaborating with us on this today.”
The FIFA Club World Cup began in Jeddah on Tuesday morning. Competitors include teams from top leagues around the world, such as English Premier League champions Manchester City.
Editor’s note: This article was created with the help of AI. Editing and Fact Checking Andrew Hayward.
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