FIFA will launch a blockchain on Avalanche

The International Football Federation (FIFA) will launch its own blockchain based on the Avalanche network.

The new platform will be compatible with the Ethereum Virtual Machine (EVM). The organization will transfer the FIFA Collect NFT collection from Algorand and Polygon.

The decision to switch to a new network is related to the need to increase the speed, scalability, and security of the ecosystem, said FIFA Collect CEO Francesco Abbate.

According to him, the integration with Avalanche will simplify the connection of popular crypto wallets and create a foundation for the further development of FIFA's digital assets.

Support for Algorand and Polygon for the NFT collection will be discontinued after the migration is complete. The exact timeline for the launch of the blockchain is not disclosed.