FIFA Gears Up for World Cup 2022 with New NFT Platform on Algorand

If you’re a football fan then there’s no escaping the fact that the World Cup is just around the corner. Following the disruptions caused by COVID-19 for the Euros, it’s great to see football back on the agenda. Even though we’ve returned to normality, the World Cup 2022 is still set to be a little unique.

Firstly, it’s a tournament billed to take place in the winter in a bid to avoid the sweltering Qatar heat. Secondly, it’ll be the first World Cup where FIFA NFTs are available. Thanks to a partnership with Algorand, the FIFA NFT platform, FIFA + Collect, is set to bring a whole new dimension to what it means to be a collector in the world of football.

What are FIFA NFTs?

When it comes to football, and indeed the World Cup, there has long been a tradition when it comes to collecting. It has been the case that fans have been desperate to get their hands on match day programs, and other memorabilia, and build up collections that they can boast about. On a basic level, people still go wild for the sticker albums that they become desperate to fill before the end of the tournament. FIFA NFTs take this idea of collecting to the next level.

NFTs are unique tokens that are on the blockchain. They act as proof of ownership of digital assets such as artwork, music, or even games.

What will FIFA NFTs feature?

We’re still waiting for the exact details of what will be seen 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. It is on this platform that you’ll be able to check out the FIFA NFTs that are available as well as purchase any that catch your eye. To access the platform, you’ll need to head over to FIFA+. This is where FIFA hosts live games as well as football-related news and content.

Algorand – the blockchain of choice

While many tokens sit on the Ethererum to Solana blockchain, 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.