Visa launches a special NFT auction ahead of the FIFA World Cup in Qatar - Latest View

Visa launches a special NFT auction ahead of the FIFA World Cup in Qatar



Godfrey Benjamin
02 November 2022 06:03

Visa has launched a pre-event NFT auction for the FIFA World Cup



Visa launches a special NFT auction ahead of the FIFA World Cup in Qatar

The financial services giant and the official payment partner of the International Federation of Association Football (FIFA) have announced the upcoming World Cup in Qatar Announce Visa Masters of Movement Non-Fungible Token (NFT) auction launched ahead of the event.

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According to the company, the NFT is inspired by unique goals from 5 soccer legends including Jared Borghetti, Tim Cahill, Carli Lloyd, Michael Owen, and Maxi Rodriguez.

The movements of these football stars have been transformed into NFTs by award-winning XK Studio and as revealed, bidding for the NFTs has opened on Crypto.com. Official cryptocurrency exchange partner For the 2022 FIFA World Cup.

Collectors who place the winning bid for Masters of the Movement NFTs will receive the artwork in their Crypto.com wallets along with a high-quality printable file, Visa said. The NFTs will be signed by featured footballers, increasing their authenticity.

“With the 2022 FIFA World Cup™ just around the corner, we want to celebrate football, art and humanity technology “Through the lens of what makes the FIFA World Cup so special – passionate fans, legendary athletes, and, over the course of just a few weeks, the ability to bring the world together in a uniquely interconnected way,” said Andrea Fairchild, Senior Vice President and CEO of the FIFA World Cup. Head of Sponsorships, Visa.

FIFA has made a lot of partnerships ahead of the World Cup scheduled to be held in Qatar. While the event remains one of the most anticipated sporting tournaments of the decade, brands partnering with FIFA are significantly pushing ways to record historic moments on the blockchain.

Besides its partnership with Visa and Crypto.com, FIFA also has Active partnership With Algorand, proof of ownership (Points of sale) blockchain protocol.

The pre-event NFT auction is just a continuation of the FIFA Fan Fest that will take place live in Doha. As designed, fans will be able to create their own Masters of the Movement, some of which will be minted as NFTs to commemorate the must-see date.

Image source: Shutterstock


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