FIFA Dumps Algorand in Push for Proprietary Blockchain Play

Football’s governing body sidelines its former crypto partner—because why share revenue when you can mint your own loyalty tokens?

Subheader: The beautiful game gets ugly with blockchain politics

FIFA’s pivot from Algorand smells like a power grab dressed in tech buzzwords. Expect ’fan engagement’ NFTs priced like World Cup final tickets—and about as liquid as a VAR decision.

Closing jab: At least this plays better than their 2022 Qatar PR strategy.

FIFA’s EVM-compatible blockchain

FIFA’s decision to adopt an EVM-compatible chain reflects a broader strategy to embrace decentralized technology and increase cross-network flexibility.

According to FIFA, the initiative is a step toward enabling wallet interoperability and creating space for future innovation in digital fan engagement.

It continued that the upcoming platform will benefit from greater compatibility with major blockchain ecosystems and improved user functionality.

In addition, the new blockchain will offer faster performance, support for future feature rollouts, and a more scalable foundation for ongoing development.

FIFA also stated that the overall user experience of its upcoming blockchain platform will remain familiar, and users can expect gradual enhancements as new tools and options are introduced.

Meanwhile, FIFA said it would share more technical details about the impending blockchain network soon.