The Qatar 2022 World Cup is just around the corner. Thanks to a partnership with Algorand, the FIFA NFT platform, FIFA + Collect, is looking to redefine what it means to be a collector in the world of football.
What are FIFA NFTs?
When it comes to the World Cup, there is a long tradition when it comes to collecting. Many fans are willing to pay a high price to get their hands on match day programs, and other memorabilia, and build up collections that they can boast about.
FIFA NFTs take this idea of collecting to the next level.
What will FIFA NFTs feature?
We’re still waiting for the exact details of what to expect on FIFA NFTs. However, what we do know is that they’re set to represent some of the most memorable moments that take place in the tournament. While NFTs can be pricey, to say the least, there has been a pledge that FIFA NFTs will be affordable, inclusive, and accessible, meaning that there’s a chance for all fans to get on board.
The FIFA NFT platform
The FIFA NFT platform, known as FIFA+ Collect, is set to officially launch later in September. On the platform, you’ll be able to check out available FIFA NFTs as well as purchase any that catch your eye. To access the platform, you’ll need to head over to FIFA+ where you’ll find live games as well as football-related news and content.
Algorand – the blockchain of choice
FIFA NFTs are part of the Algorand blockchain. A partnership was formed between FIFA and Algorand in May of this year and the World Cup FIFA NFTs are the first project that has come about since then.
Algorand comes with green credentials which is great for those with fears about the negative impact that crypto may have on the environment. That may well have been one of the deciding factors when FIFA was looking for a partner: such a prestigious organization needed a partner that would be welcomed, and respected, on the world stage.