FIFA to Launch Dedicated Layer-1 Blockchain on Avalanche Network
FIFA plans to launch its own layer-1 blockchain on the Avalanche network, known as the FIFA Blockchain. This move follows the recent major upgrade of Avalanche, called Avalanche9000, aimed at attracting developers to create customized blockchains.
Key points:
- The FIFA Blockchain is a customizable Avalanche L1.
- In 2022, FIFA developed an NFT collection on the Algorand blockchain for the Qatar World Cup.
- FIFA previously indicated an intention to shift its NFT collection to an EVM-compatible blockchain.
- Ava Labs highlights Avalanche’s suitability for enterprise-level applications.
- No details were provided about future releases on the new blockchain.