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Cryptocurrency News Articles

FIFA Making a Major Shift in Its Web3 Strategy by Migrating Its NFT Collection to a New Network

May 01, 2025 at 07:08 am

FIFA Making a Major Shift in Its Web3 Strategy by Migrating Its NFT Collection to a New Network

FIFA, the global governing body of football, is making a significant shift in its Web3 strategy by migrating its NFT collection, FIFA Collect, to a new network called the FIFA Blockchain.

This move, which follows FIFA’s long-term interest in blockchain and commitment to digital fan experiences, will see the creation of an EMV-compatible chain. This means it will support popular wallets like MetaMask and open the door to broader Ethereum-based ecosystem tools.

The change will also effectively end FIFA’s partnership with Algorand, the original host of its NFTs, and Polygon, which it adopted later to scale its offerings.

According to an FAQ page, the migration won’t begin before May 20, giving users time to prepare. While no immediate action is required, FIFA has confirmed it will share detailed instructions in due time.

The organization says the transition is aimed at enabling “new experiences,” improving wallet compatibility, and laying stronger foundations for future innovation. In plain terms, FIFA seems to be prioritizing Ethereum compatibility over third-party chains.

This isn’t FIFA’s first blockchain experiment. In 2022, the organization partnered with Algorand to launch NFTs that captured iconic World Cup moments.

The following year, it expanded to Polygon to scale operations. But with this migration, FIFA prioritizes ecosystem control and EVM compatibility.

Original source:altcoinbuzz

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