FIFA has completed the migration of its platform for digital collectibles, FIFA Collect, to its own Ethereum Virtual Machine (EVM) compatible blockchain, opening new opportunities for users.
Transition to the New Blockchain
FIFA has confirmed that the FIFA Collect platform has completed its migration from Algorand's blockchain to a new proprietary Ethereum-compatible blockchain. This move will enhance scalability and compatibility with popular wallets like MetaMask and WalletConnect.
User Impact and Transition Mechanics
The migration aims to improve the platform's performance. Users will be required to re-import their collectible items by May 20, 2025, to retain them post-migration. Temporary downtime for FIFA Collect is expected to last 10-12 hours during the migration process.
Future Perspectives and Possible Innovations
FIFA is also considering the introduction of a native digital asset, provisionally called "FIFA Coin," which could enhance platform integration and user engagement. The new blockchain aims to improve digital fan interactions and platform sustainability.
FIFA's transition to its own EVM-compatible blockchain marks a significant step in the organization's digital transformation. It aims to enhance user experience and ensure better compatibility with Ethereum, aligning with the broader trend towards next-generation blockchains.
