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FIFA may launch its own cryptocurrency token

FIFA may launch its own cryptocurrency token

1.228k
14 Mar. 11:47

The International Football Federation (FIFA) is actively considering the launch of its own cryptocurrency token, which could be called FIFA Coin.

FIFA President Gianni Infantino said that the move is aimed at attracting over 5 billion fans around the world.

In addition, FIFA has already announced the launch of a mobile game FIFA Rivals with NFT cards, which also indicates its desire to integrate modern technology into its operations.

A token is a form of representing an asset or value on the blockchain. It can be virtual currency, stocks and other securities, works of art, real estate and other examples of assets.

Tokens are tradable, they can be bought and sold like coins. They are also used to access a specific application or platform.



























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