EDUSELL
Financial Market Examiner
Midas Crypto Vault
  • Home
  • Education
  • Forex News
  • Crypto News
  • Stocks
  • Reviews
No Result
View All Result
  • Home
  • Education
  • Forex News
  • Crypto News
  • Stocks
  • Reviews
No Result
View All Result
Financial Market Examiner
No Result
View All Result
Home Crypto News

Qatar 2022: FIFA licenses multiple Web3, NFT games

Admin by Admin
November 11, 2022
in Crypto News
0
FIFA license web3
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter
MMC MMC

Ahead of the FIFA World Cup Qatar 2022, the world governing football body, FIFA has announced a portfolio of web3 games to entertain football fans.

Altered State Machine, which is an AI League football game is one of the projects licensed by FIFA. Players act as the coach and owner of their AI teams, intending to improve abilities and trade characters to achieve the best talent combinations.

The second game is Upland, a blockchain-based metaverse for buying and selling virtual properties. Upland has now introduced FIFA World Cup digital assets and collectibles. Upland’s offering of digital collectibles appears to compete with FIFA+ Collect on the official website, developed in conjunction with official blockchain partner Algorand.

While both Upland and the FIFA+ Collect offerings involve non-fungible tokens (NFTs), FIFA has avoided using the NFT terminology, partly because crypto is considered niche and because some perceive NFTs as scams.

The announcement also mentions two games that the websites have yet to launch fully. Phygtl enables fans to co-create a digital reward using augmented reality. Fans can own a limited fragment of an augmented golden-globe-football with a chosen picture or video moment from the World Cup.

MatchDay is a prediction game based on football cards using the Solana blockchain. It sounds rather similar to the fantasy NFT game Sorare, with the games using NFT player cards to build a dream team.

Additionally, another World Cup sponsor, Crypto.com is also running fantasy football games on the official FIFA website.

The introduction of web3 games for FIFA is important in more ways than one, considering that these blockchain games are FIFA’s first initiatives since the end of its long-term partnership with EA.

In fact, the fantasy games available on the FIFA+ Playzone mirror the successful “Ultimate Team” game in the FIFA 22 video game. As EA revealed in its 2021 annual report, Ultimate Team generated $1.6 billion in net revenue across various sports, including the FIFA game.

Share on TwitterTweet
Share on Pinterest Share
Share on LinkedIn Share
Share on Digg Share
Tags: FIFANFT
Institutional Trading Concept Institutional Trading Concept Institutional Trading Concept
ADVERTISEMENT
Previous Post

FOREX: Naira (NGN) Rebounds to 720/USD

Next Post

Binance CEO Announces Crypto Market Recovery Fund

Admin

Admin

Next Post
Binance CEO Says Many Crypto Players Get Distracted by Money

Binance CEO Announces Crypto Market Recovery Fund

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

  • 99 Subscribers
  • Trending
  • Comments
  • Latest
AUD USD pair

Forex: AUD/USD Point To More Downside For The Aussie

October 20, 2022
yen and dollar

FOREX-Yen Flirts With Intervention Level As Dollar See Gains

October 11, 2022
Virtual stadium in the metaverse

Why Virtual Stadium Can Be the Next Big Thing in the Metaverse

January 26, 2023
USDD Depegs

USDD Stablecoin Depegs To $0.96, Tron (TRX) Dumped

December 12, 2022
What is Initial Coin Offering?

Initial Coin Offering (ICO)

0
What is staking?

Staking

0
What is Defi?

Defi (Decentralized Finance)

0
Differences between Axie Infinity and Decentraland

Axie Infinity and Decentraland: Features and Differences

0
FTX seeks to recover political donations made by Sam Bankman-Fried

FTX Seeks To Recover Political Donations Made By Sam Bankman Fried

February 6, 2023
Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud

Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud

February 6, 2023
Crypto Trading Volume Rises By 25.9% Due To Whale Moves

Crypto Trading Volume Rises By 25.9% Due To Whale Moves

February 6, 2023
Hackers Stole $3.8 Billion From Crypto Firms

Hackers Stole $3.8 Billion From Crypto Firms

February 6, 2023

Recent News

FTX seeks to recover political donations made by Sam Bankman-Fried

FTX Seeks To Recover Political Donations Made By Sam Bankman Fried

February 6, 2023
Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud

Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud

February 6, 2023
Crypto Trading Volume Rises By 25.9% Due To Whale Moves

Crypto Trading Volume Rises By 25.9% Due To Whale Moves

February 6, 2023
Hackers Stole $3.8 Billion From Crypto Firms

Hackers Stole $3.8 Billion From Crypto Firms

February 6, 2023
Financial Market Examiner

Get all the latest Financial Market (Crypto & Forex) news, updates and other relevant resources here.

Follow Us

Browse by Category

  • Crypto News
  • Education
  • Forex News
  • Gaming
  • Reviews
  • Stocks

Recent News

FTX seeks to recover political donations made by Sam Bankman-Fried

FTX Seeks To Recover Political Donations Made By Sam Bankman Fried

February 6, 2023
Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud

Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud

February 6, 2023

© 2022 Financial Market Examiner. - Designed by Mayconcept Solutions.

No Result
View All Result
  • Home
  • Education
  • Forex News
  • Crypto News
  • Stocks
  • Reviews

© 2022 Financial Market Examiner. - Designed by Mayconcept Solutions.

?>