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Home»NFT»FIFA will issue football NFTs on Polygon, but won’t leave out Algorand
NFT

FIFA will issue football NFTs on Polygon, but won’t leave out Algorand

2023-12-12No Comments2 Mins Read
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FIFA launches a new series NFT collectibles about Algorand And Ethereum scale up network Polygon ahead of the FIFA Club World Cup Saudi Arabia 2023, according to a announcement this week.

The global football body stated that this will be the first release of collectibles under a new partnership with crypto startup Modex, which will now oversee the strategic management of FIFA’s digital collecting platform, FIFA+ Collect. The collection platform launched in 2022 with NFTs minted exclusively on the Algorand blockchain.

On Tuesday, FIFA clarified that it will continue to launch NFTs on Algorand via its own platform, while also expanding to Polygon via drops via the OpenSea marketplace.

FIFA+ Collect is launching a total of 1,000 NFTs around the FIFA Club World Cup, with the first 100 minted on Algorand and releasing on December 15. These include the “rarest collectibles” in the drop that “offer the chance to get tickets” to the 2026 FIFA World Cup Finals, per the release.

We want to make sure everyone understood yesterday’s announcement🙂 Two new drops have been announced ✌️
1⃣st drop👉December 15, 2023, via the FIFA+ Connect platform on the Algorand network – 100 collectibles
&
2⃣nd drop👉 December 19, 2023, via OpenSea on the Polygon network

— FIFAPlusCollect (@FIFAPlusCollect) December 12, 2023

The remaining 900 NFTs will hit the OpenSea market on December 19. Further FIFA NFT drops will also take place on Polygon on OpenSea.

A Polygon Labs representative originally shared Declutter that the “project has now moved to Polygon,” but a FIFA representative clarified that the platform is “expanding” to Polygon but “not moving” from Algorand.

See also  Reddit is sunsetting animated collection phrases for Polygon NFTs

“In the future, we will make every choice, always taking into account the interests of existing and future users, and make technological choices as a way to serve them in the best possible way,” the FIFA representative added. “In that sense, we remain vigilant about the progress of the existing chains and community, and today we are very happy that Polygon is working with us on this.”

The FIFA Club World Cup started on Tuesday in Jeddah. Participants include teams from top leagues around the world, such as English Premier League champions Manchester City.

Editor’s note: This article was written with the help of AI. Edited and fact-checked by Andrew Hayward.

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Algorand FIFA Football Issue Leave NFTs Polygon Wont
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