🚨 Urgent: FIFA Launches Its Own Blockchain Network on Avalanche!

📢 Details and Analysis:

The FIFA organization has officially announced the launch of a first-layer (L1) blockchain built on the Avalanche (AVAX) network, as part of its efforts to expand its digital presence and leverage Web3 technologies.

According to a post on FIFA's official LinkedIn account, the project aims to support FIFA's future digital products and enhance the interaction between the audience and technology.

⚽️ Why is this important?

Integrating an organization the size of FIFA with blockchain technology is a revolutionary step that could pave the way for widespread adoption among soccer fans globally and enhance the use of cryptocurrencies and NFTs in the sports field.

🔗 Currencies associated with the project:

$AVAX: The native currency of the Avalanche network, expected to benefit from this expansion.

$COQ / $HLD / $JPG: Popular currencies within the Avalanche ecosystem that may experience upward momentum in light of this institutional interest.

— FIFA launched its own L1 on #AVAX and announced future expansion plans via #FIFAcom (LinkedIn)

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