FIFA Partners With Avalanche to Launch Its Own Blockchain
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FIFA Taps Avalanche for New Blockchain Ecosystem FIFA has partnered with Avalanche, the high-performance blockchain platform, to develop and deploy its own dedicated Layer-1 blockchain network. The move marks a major step forward in web3 integration within the world of sports and signals FIFA’s intent to lead innovation in digital fan engagement. This partnership replaces FIFA’s previous collaboration with Algorand and marks a strategic pivot toward more scalable and efficient blockchain solutions—leveraging Avalanche’s impressive 6,500+ transactions per second (TPS) and near-instant finality. Why Avalanche? Speed, Scalability, and Low Costs Avalanche’s technical advantages make it an ideal infrastructure partner. With sub-2-second transaction finality and minimal fees, the Avalanche blockchain can seamlessly handle millions of user interactions, a crucial feature for an organisation like FIFA with a global fanbase. The new blockchain will support web3-powered services, such as collectibles, fan experiences, and potential ticketing applications, all while ensuring fast and low-cost execution across the network. Web3 Push in Sports Gathers Steam This announcement shows FIFA doubling down on blockchain after previously launching NFT collections on Algorand. The new network, compatible with the Ethereum Virtual Machine (EVM), gives FIFA and its partners greater flexibility and access to a growing ecosystem of developers and decentralized applications (dApps). While detailed use cases have yet to be disclosed, the potential applications could include fan loyalty systems, digital identities, and on-chain match data, ushering in a new era of interactive and transparent sports tech. Following the news, AVAX token trading activity surged, reflecting strong investor sentiment and renewed attention toward Avalanche’s real-world adoption. The partnership with FIFA—a globally recognized sports authority—adds credibility to Avalanche’s scalability claims and broadens its exposure. AVAX/USD chart in the past 24-hours – TradingView This deal may trigger a wave of new collaborations between blockchain firms and traditional sports institutions, especially as the…
Filed under: News - @ May 22, 2025 11:27 pm