FIFA has officially stepped into Web3 with a major announcement: it is building its own dedicated Layer-1 blockchain on Avalanche. This bold move not only ends its partnership with Algorand but also positions Avalanche as a top-tier platform for global digital fan engagement.
Why It Matters
- 5+ Billion Fans: FIFA’s reach is unmatched. A custom blockchain could transform how fans interact with the sport.
- From NFTs to Immersive Apps: The new FIFA Blockchain aims to go far beyond collectibles, laying the groundwork for gaming, voting, tokenized rewards, and more.
- Tech Advantages: Avalanche’s sub-second transactions, EVM compatibility, and over 6,500 TPS capacity were key factors in the choice.
FIFA Collect Moves to Avalanche The migration of FIFA Collect, FIFA’s NFT marketplace, is already underway. Users can now access it via MetaMask and other WalletConnect-enabled EVM wallets. Items listed on Algorand will automatically be relisted unless withdrawn before the transition.
Investor Sentiment: AVAX Sees Uptick Shortly after the news broke, Avalanche’s native token AVAX experienced a notable spike in trading volume. While price action remains volatile, this surge suggests rising investor interest in sports-related Web3 plays.
Strategic Implications This initiative aligns FIFA with a broader trend among sports leagues exploring Web3: NBA Top Shot, NFL All Day, and MLB NFTs laid the groundwork. But FIFA’s launch of a full Layer-1 blockchain could set a new bar.
What’s Next? Expect future announcements around:
- Tokenized match-day experiences
- Digital ticketing and merchandise
- Integration with upcoming FIFA games and apps
Conclusion FIFA’s Avalanche-powered blockchain isn’t just about NFTs. It’s a long-term play on fan ownership, immersive digital experiences, and decentralized sports infrastructure. While this could unlock substantial upside for AVAX holders, it’s also a high-stakes bet on blockchain scaling in live entertainment.
This article is for informational purposes only and does not constitute investment advice.