Gulf Sovereign Funds Unite in Paramount–Skydance Bid for Warner Bros Discovery 
Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K 
U.S. Stock Futures Rise as Trump Takes Office, Corporate Earnings Awaited 
Samsung SDI Secures Major LFP Battery Supply Deal in the U.S. 
Rio Tinto Signs Interim Agreement With Yinhawangka Aboriginal Group Over Pilbara Mining Operations 
KiwiSaver shakeup: private asset investment has risks that could outweigh the rewards 
Why your retirement fund might soon include cryptocurrency 
Reliance Industries Surges on Strong Quarterly Profit, Retail Recovery 
SK Hynix Considers U.S. ADR Listing to Boost Shareholder Value Amid Rising AI Chip Demand 
United Airlines Flight to Tokyo Returns to Dulles After Engine Failure During Takeoff 
ADB Approves $400 Million Loan to Boost Ease of Doing Business in the Philippines 
Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO 
FIFA, or the Fédération Internationale de Football Association, is set to drop its newest non-fungible token collection. It will offer fans digital collectibles and tickets for the World Cup.
In connection with its NFT drops, Decrypt reported that FIFA will start minting tokens on Polygon. However, this does not mean it will be ditching Algorand to move to the cryptocurrency and blockchain platform.
Expanding Its Horizon in the NFT Arena
FIFA's decision to mint in Polygon is just a strategy to expand its channels for its non-fungible token business. In fact, the FIFA+ Collect platform will continue to release soccer NFTs on Algorand.
Now, FIFA has another option for the minting, and NFT drops as it expands to Polygon via digital asset releases on OpenSea. The representative of FIFA commented, "In the future, we will make any choice always having in mind the interest of existing and future users, making any technological choices as a way to serve them in the best possible way. In this sense, we remain vigilant on the progress of the existing chains and community, and today we are very glad that Polygon is partnering with us on this."
First NFT Collection Drop
The world-renowned soccer organization announced that its first collectibles are set to be released through its partnership with Modex, a crypto startup group. As part of the collaboration, Modex will be responsible for the management of FIFA's NFT platform called the FIFA+ Collect.
The first set of digital collectibles are debuting across Algorand and Polygon and will be available in time for the FIFA Club World Cup Saudi Arabia 2023 this month. As per Crypto.news, the initial release will consist of 100 digital collectibles, which will be available on December 15. It will include the rarest collectibles that will give fans the opportunity to obtain their tickets to the FIFA World Cup 26 final game.
"The FIFA Club World Cup promises to be an exciting 10 days and with the release of collectibles that can secure actual FIFA match items and FIFA World Cup 26 final access, there's an added incentive for fans to participate," chief of Modex, Francesco Abbate, said.
Photo by: MCaviglia www.mcaviglia.ch/Wikimedia Commons(CC BY-SA 3.0)
