FIFA shifts NFT platform to new Ethereum-compatible blockchain

The Federation Internationale de Football Association (FIFA) plans to launch a new blockchain network to support its non-fungible token (NFT) collectibles, the organization announced on April 30.

FIFA will launch its “FIFA Blockchain,” with Ethereum Virtual Machine (EVM) compatibility and aims to provide “better performance, future features, and improved scalability.”

As part of the move, FIFA Collect — its official NFT collection — will migrate from the Algorand blockchain to the new FIFA Blockchain. The migration is scheduled to begin no…