As the 2022 FIFA World Cup kicks off, FIFA has launched the highly anticipated NFT platform, providing an innovative collectibles experience for football fans. FIFA Market + NFT Powered by Algorand (ALGO), the first NFT set to be featured on the platform is “FIFA + Genesis Drop ‘.
100 of the greatest moments in football history
FIFA, the organization behind the world’s most popular sport, Announced its partnership with Algorand (ALGO) At the beginning of September. In celebration of the upcoming World Cup, the new FIFA + NFT platform has released the 100 greatest moments in football in the form of NFTs.
A secondary NFT market is set to be available at a later date, FIFA representatives reported on Twitter. However, the FIFA + Genesis Drop Already there and available to football fans everywhere, NFT prices start at just $4.99. NFT fans must first register on the FIFA+ platform, after which they will be able to “start their NFT collection with great fanfare and begin an unforgettable journey to owning the greatest moments in football”.
Interestingly, the Algorand coin (ALGO) itself has not yet been accepted as a payment method. In fact, the only way for football fans around the world to purchase NFT collectibles on the FIFA + Collect platform is via a debit card (Mastercard or VISA), or US dollar stablecoin (USDC).
Algorand (ALGO) deals scores in sports and music
Algorand (ALGO) made strides in 2022, recording partnerships with racing teams, football clubs and NBA franchises. Moreover, blockchain has recently entered the music industry. Algorand (ALGO) had previously acquired Napster, an old school music sharing service that has been overshadowed by streaming music. The blockchain also aims to become carbon negative in the near future.
At the time of publication, Algorand (ALGO), the 30th cryptocurrency by total market capitalization, It is trading at $0.374325to me Queen Gekko. The altcoin maintained a slight gain of 0.7% over the past 24 hours, but made a brighter 7-day record, posting an impressive 27.5% gain against a fierce bear market.