FIFA to Launch Proprietary Blockchain, Departing from Algorand

FIFA to Launch Proprietary Blockchain, Departing from Algorand

FIFA is set to launch its proprietary blockchain platform, marking a significant shift from its previous partnership with Algorand. The new Ethereum Virtual Machine (EVM)-compatible blockchain aims to enhance digital fan engagement by offering improved scalability, cross-network compatibility, and user functionality. This move is part of FIFA's broader strategy to embrace decentralized technology and foster innovation in digital fan experiences.

The migration of FIFA Collect, FIFA's NFT platform, to the new blockchain is scheduled to begin no earlier than May 20, 2025. Post-migration, Algorand-based wallets like Pera and Defly will no longer be supported; instead, users will need to connect using EVM-compatible wallets such as MetaMask or any wallet that supports WalletConnect. FIFA assures users that the overall experience will remain familiar, with gradual enhancements introduced over time.

This transition reflects a growing trend among organizations to develop proprietary blockchain solutions tailored to their specific needs. By moving to an EVM-compatible platform, FIFA positions itself to leverage the broader Ethereum ecosystem, potentially unlocking new opportunities for fan interaction and digital asset management. Further technical details about the new blockchain are expected to be released soon.

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