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Cryptocurrency News Articles

FIFA Announces Plans to Launch a New Blockchain Platform for Its Non-fungible Token (NFT) Collectibles and Fan Experiences

Apr 30, 2025 at 10:06 pm

The Fédération Internationale de Football Association (FIFA) has announced plans to launch a new blockchain platform for its non-fungible token (NFT) collectibles and fan experiences.

FIFA Announces Plans to Launch a New Blockchain Platform for Its Non-fungible Token (NFT) Collectibles and Fan Experiences

The Fédération Internationale de Football Association (FIFA) is launching its own blockchain platform for its non-fungible token (NFT) collectibles and fan experiences.

Announced on April 30, the new platform, named FIFA Blockchain, is expected to offer enhanced performance, future features, and improved scalability compared to the existing Algorand-based service.

The new blockchain is said to be EVM-compatible, enabling seamless integration with popular Ethereum-based wallets and dApps.

As part of this transition, FIFA’s NFT collection, FIFA Collect, will be migrating from the Algorand blockchain to the new FIFA Blockchain. Existing owners of FIFA Collect NFTs will be able to access their collectibles on the new platform.

Currently, no action is required by the holders, but if any steps are needed, FIFA will provide detailed instructions.

The migration is expected to occur on or after May 20, 2025. Once the exact date is confirmed, NFT holders will be notified.

This move will bring FIFA’s collectibles to a blockchain that is more widely used and supported, potentially opening up opportunities for interoperability and collaboration with other projects and protocols in the Web3 ecosystem.

Importantly, FIFA Collect owners can expect a similar experience to what they had before, with access to their collectibles through their existing accounts on the new platform. The main difference will be the introduction of new features on the FIFA Blockchain.

The migration will be free of charge for all collectible holders. However, FIFA noted that any collectibles exported from the platform must be reimported by May 20, 2025, in order to be included in the migration.

To facilitate this, FIFA Collect accounts will temporarily allow re-import functionality.

Holders who fail to re-import their items by the deadline will need to contact customer support and may have to go through an additional verification process.

In addition, users holding USDC will be able to spend their coins before the migration, but withdrawals will only be permitted after the migration date.

On the day of the migration, the platform is expected to be temporarily offline for approximately 12 hours. Users will be notified in advance.

Following the completion of the migration, wallets based on the Algorand blockchain, such as Defly and Pera, will no longer be supported. Instead, holders will need to switch to EMV-compatible wallets, such as MetaMask, to access their collectibles.

This move to an EVM-compatible blockchain aligns with a broader industry trend as more projects are shifting to embrace Ethereum standards to boost scalability, interoperability, and developer adoption.

Platforms like Injective have recently launched native EVM support, achieving high throughput and enabling advanced features like on-chain AI and institutional-grade DeFi, further highlighting the growing momentum behind EVM-based infrastructure.

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Other articles published on May 01, 2025