HomeNEWSFIFA partners with Avalanche to build its own layer-1 blockchain

FIFA partners with Avalanche to build its own layer-1 blockchain

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The Fédération Internationale de Football Association, FIFA has partnered with blockchain platform, Avalanche to launch its own Layer1 blockchain on Avalanche. In a blog post today, Avalanche described the launch as a pivotal step in FIFA’s evolving Web3 strategy.

The launch of the L1 on AVAX signifies a significant shift in the football body’s approach to blockchain development. As revealed, the FIFA Blockchain is a custom Layer1 network, designed to deliver digital collectibles, and next-generation fan engagement at a global scale.

FIFA’s launching of its own L1 is aimed at streamlining operations, optimizing user experience, and delivering consistent, interoperable digital products to its fan base. The decision further reflects the growing demand for verifiable digital ownership and direct engagement between holders and their global audiences.

Notably, the Avalanche framework makes it possible for the deployment of sovereign networks like L1, optimized for high throughput, low latency, and full governance. As revealed, this networks operate independently while remaining fully interoperable with both the broader Avalanche ecosystem and the Ethereum Virtual Machine (EVM) standard.

FIFA Blockchain launches on FIFA Collect

In addition, the FIFA Blockchain also sets the foundation for a new suite of digital products. The first of these product is migration of the federation’s official digital collectibles platform, FIFA Collect.

Meanwhile, technology company with a proven track record as a leading Web3 solution provider, Modex will lead FIFA Collect marketplace development. Modex CEO, Francesco Abbate also shed more light on the development. He noted that FIFA’s move to migrate the digital collectibles platform further enhances its ability to deliver unique digital collectibles and immersive fan experiences. Abbate added that the decision was based on rigorous analysis key factors such as performance, security, transaction fees, customizability, and scalability.

FIFA Collect serves as the leading platform for football enthusiasts to acquire rare and exclusive digital collectibles managed by Morex in collaboration with FIFA. The platform not only connects fans with the most iconic moments in football history, but also offers unique opportunities.

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Dare Ibitoye
Dare Ibitoye
Over the years, Dare has been a committed reporter in the field of cryptocurrencies. He is also interested in researching about the innovative projects within the blockchain space. During his spare time, Dare loves to listen to music and read about technological trends in the contemporary world

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