What happened?
FIFA is transitioning its Collect platform to a new infrastructure called the FIFA Blockchain, adopting EVM standards for better scalability and future features. This shift means that Algorand wallets will no longer be supported, and users will need to utilize MetaMask or other EVM wallets. Additionally, FIFA is launching “FIFA Rivals,” a mobile game developed by Mythical Games, which signifies FIFA’s entry into blockchain gaming with real-time gameplay and player-owned assets.
Who does this affect?
This change primarily affects current users of FIFA Collect who need to ensure their digital assets are migrated to the new platform. It also impacts gamers anticipating the release of FIFA Rivals, offering them new opportunities in blockchain gaming. Collectors using Algorand wallets must switch to EVM-compatible options to continue participating in the FIFA ecosystem.
Why does this matter?
The transition to FIFA’s proprietary blockchain represents a significant move towards the integration of blockchain technology in mainstream sports offerings. This shift could influence market dynamics by increasing demand for EVM-compatible wallets and potentially expanding the user base for blockchain gaming. As FIFA asserts more control over its digital assets and platform, it sets a precedent for other sports organizations to explore blockchain innovations, impacting both the sports and tech markets.