The Fédération Internationale de Football Association (FIFA) has announced the launch of its own nonfungible token (NFT) collection in collaboration with blockchain firm Modex ahead of the 2023 Club World Cup in Saudi Arabia. The inaugural collection of 100 NFTs will be released on December 15, featuring the opportunity to secure tickets to the FIFA World Cup 2026 final. Additionally, 900 digital collectibles will be issued on the Polygon network and OpenSea, showcasing memorable moments from the tournament and digital versions of memorabilia.
The Fédération Internationale de Football Association (FIFA) has announced the launch of its own nonfungible token (NFT) collection in collaboration with blockchain firm Modex ahead of the 2023 Club World Cup in Saudi Arabia. The inaugural collection of 100 NFTs will be released on December 15, featuring the opportunity to secure tickets to the FIFA World Cup 2026 final. Additionally, 900 digital collectibles will be issued on the Polygon network and OpenSea, showcasing memorable moments from the tournament and digital versions of memorabilia.
Key Points:
FIFA NFT Collection: FIFA, the governing body for international soccer competitions, will launch its own nonfungible token (NFT) collection in collaboration with blockchain firm Modex ahead of the 2023 Club World Cup in Saudi Arabia.
Inaugural Collection: The inaugural collection will feature 100 NFTs, premiering on December 15, with the opportunity to secure tickets to the FIFA World Cup 2026 final.
Digital Collectibles: A total of 900 digital collectibles will be issued on the Polygon network and OpenSea this month, showcasing memorable moments from the ongoing tournament and digital versions of memorabilia.
FIFA+ Collect Platform: The NFTs will be available on FIFA's NFT platform, FIFA+ Collect, which was launched in September 2022 and is powered by Algorand.
FIFA Club World Cup: The FIFA Club World Cup, featuring seven of the world's greatest football teams, is scheduled to kick off in Jeddah, Saudi Arabia, on December 12.
Previous NFT Drops: FIFA+ Collect has facilitated 11 NFT drops since its inception, with 909,255 digital collectibles minted and 16,448 holders. The platform has seen a total of $2.4 million in trading volume across primary and secondary NFT markets.
Collaboration with Modex: Francesco Abbate, CEO of Modex, expressed support for FIFA's goal of enhancing fan interaction through digital collectibles, stating, "Digital collectibles increase the ways in which fans can interact with their favorite players, teams, and the game they love."
FIFA collaborates with Modex to launch an NFT collection ahead of the 2023 Club World Cup, featuring 100 NFTs and an opportunity to secure tickets to the FIFA World Cup 2026 final. The digital collectibles will be available on the FIFA+ Collect platform powered by Algorand, showcasing memorable moments from the ongoing tournament and digital versions of memorabilia.
(ZHIYUAN SUN, COINTELEGRAPH, 2023)