Why did FIFA partner with Algorand?

This partnership makes Algorand the first official blockchain platform for FIFA. Also, Algorand will be a regional supporter for the 2022 FIFA World Cup in North America and Europe. The World Cup will be in Qatar in November and December this year.

Who is Algorand?

World football’s governing body confirms collaboration with green blockchain technology company Algorand; Algorand will become the official blockchain platform of FIFA ( www.FIFA.com); Partnership announced by FIFA President Gianni Infantino and Algorand Founder Silvio Micali in Los Angeles, USA.

Is Algorand a sponsor of the 2022 World Cup?

According to the agreement, Algorand will be a "regional supporter" for North America and Europe at the World Cup and an official sponsor of the Women's World Cup in Australia and New Zealand next year. The agreement comes weeks after crypto exchange Crypto.com became a sponsor of the 2022 World Cup.

How will Algorand contribute to FIFA's digital assets strategy?

Algorand will also contribute to the development of a successful strategy for FIFA’s digital assets. Therefore, digital assets can take several forms. Including FIFA’s official cryptocurrency, NFTs, and other digital assets. 4.