12/12/2023 FIFA drops NFTs that offer chance at World Cup final tickets, moves to Polygon

Screen-Shot-2023-12-11-at-1.25.36-PM.png?isSafari=true&isMobile=false

FIFA, the international governing body for the world's most popular sport, is dropping a limited number of digital collectibles later this week that will give holders the opportunity to watch the final game of the 2026 World Cup, according to a statement.

"For the first drop, 100 digital collectibles will be made available ... and will feature the rarest collectibles that offer the chance to secure 2026 FIFA World Cup final tickets," the statement said. "A total of 900 other digital collectibles will be issued on the Polygon network and made available on the OpenSea platform."

Donald Trump Received $5 Million In Crypto Donations — But Not For His Election Campaign
Trump’s Pro-Crypto Bluster at NFT Gala Lacked Policy Substance
Washington Sports Teams Launch NFT Collections

FIFA's NFTs were originally minted on Algorand, but are now planning to move to Polygon with the second stage of this upcoming collection, a blockchain popular among web3 gaming projects. Future FIFA digital collectible launches will also utilize Polygon, the statement said.

When FIFA first announced "FIFA+ Collect" last year, it was billed as offering "football fans around the world with the chance to affordably own unique digital collectibles." The NFT drop comes as the FIFA Club World Cup 2023 is set to kick off tomorrow in Saudi Arabia.

While NFT trading volumes have rebounded recently, levels are still far below where they were during the last bull run when PFP non-fungible tokens from top-tier collections like Bored Ape Yacht Club sometimes sold for millions of dollars. Big brands, however, have continued to pursue opportunities to service and monetize super fans with digital collectible initiatives.

Modex takes over

FIFA also announced that Modex will be taking over "strategic management" of its digital collectible platform, which has already dropped several football-branded collections. "Digital collectibles increase the ways in which fans can interact with their favorite players, teams, and the game they love, and we're honored to support FIFA on realizing this goal," Modex CEO Francesco Abbate said in a statement.

Using professional sports as an avenue to connect with consumers has been employed by various companies operating in the blockchain and crypto space. Crypto exchange OKX has asponsorship deal in place with Manchester City, while theFrench fantasy sports gaming company Sorare has a partnership with the English Premier League.

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

RT Watson is a senior reporter at The Block who covers a wide array of topics including U.S.-based companies, blockchain gaming and NFTs. Formerly covered entertainment at The Wall Street Journal, where he wrote about Disney, Netflix, Warner Bros. and the creator economy while focusing primarily on technological disruption across media. Previous to that he covered corporate, economic and political news in Brazil while at Bloomberg. RT has interviewed a diverse cast of characters including CEOs, media moguls, top influencers, politicians, blue-collar workers, drug traffickers and convicted criminals. Holds a master's degree in Digital Sociology.
Arts

https://www.theblock.co/post/267031/fifa-drops-nfts-that-offer-chance-at-world-cup-final-tickets-moves-to-polygon

Interesting NFTs
Alien
There are infinite worlds in the Universe with infinite sentient beings inhabiting them. Master autonomously updates once a day at 12am with one of 366 original artworks, showcasing some of the rarest beings, their cities, transport, technology and nature.
CryptoKitties
Uh, hi! I'm Kitty #291828. I'm a professional Skydiving Instructor and I love hamburgers. I was voted biggest teacher's pet in college. I think you'll love me beclaws I have cattitude.
YouTube Lab
YouTube logo factory. 10-second loop, 30 fps. Created using Cinema4D, X-Particles, TurbulenceFD, Octane, and After Effects.
Crossroad
LIMITED EDITION 1/1 | includes signed limited edition prints of all 3 states (pre-election, Trump win, Biden win) This piece is a first for Nifty, a token that will change based on the outcome of the election. If anything is constant about the times we now live in, it's uncertainty. This uncertainty is perfectly encapsulated in this piece of artwork as the person buying the piece will not know the final artwork. The artwork will be one state at auction before the election, and after the results of the election are known, will forever change to reflect a Trump or Biden win. PLEASE FUCKING NOTE: If trump wins, this token will change to that video of sexy boi king trump stomping through hell FOREVER. I don’t want you coming back to me bitching that you spent $2M* on this and now it’s a video of orangeman going HAM and it’s keeping u up at night popping mad boners. should have voted bruh. *and stfu that this isn’t gonna be worth a fuckton more when I hit 30 years of everydays and have a permanent collection in the MOMA. smh.
ℤ
Things are not always as they seem. Living in poverty is like serving a sentence in a prison with invisible bars. The keys are in plain sight, yet impossible to reach. Screen time captivates us with its addictive dopamine triggers, plucking at our attention span until we are no longer aware of the present... What if both worlds collide? Hand-rendered acrylics on bristol board scanned and converted into a digital image.