{"id":60900,"date":"2022-05-03T10:21:17","date_gmt":"2022-05-03T07:21:17","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=60900"},"modified":"2025-09-05T09:01:00","modified_gmt":"2025-09-05T06:01:00","slug":"algorand-to-sponsor-fifa-world-cup","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/algorand-to-sponsor-fifa-world-cup\/","title":{"rendered":"Algorand to Sponsor FIFA World Cup"},"content":{"rendered":"<p>The International Federation of Football Associations (FIFA) has granted Algorand regional sponsorship status for the FIFA World Cup in Qatar. The protocol has become the official blockchain platform of the tournament.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">BREAKING: <a href=\\\"https:\/\/twitter.com\/FIFAcom?ref_src=twsrc%5Etfw\\\">@FIFAcom<\/a> has announced <a href=\\\"https:\/\/twitter.com\/hashtag\/Algorand?src=hash&#038;ref_src=twsrc%5Etfw\\\">#Algorand<\/a> will become the official blockchain of FIFA, empowering the global football community with cutting-edge, sustainable technology. Read more \ud83d\udc49 <a href=\\\"https:\/\/t.co\/LTTUqGNLNA\\\">https:\/\/t.co\/LTTUqGNLNA<\/a> <a href=\\\"https:\/\/twitter.com\/FIFAWorldCup?ref_src=twsrc%5Etfw\\\">@FIFAWorldCup<\/a> <a href=\\\"https:\/\/twitter.com\/hashtag\/FIFAWorldCup?src=hash&#038;ref_src=twsrc%5Etfw\\\">#FIFAWorldCup<\/a> <a href=\\\"https:\/\/t.co\/LuEFTY3WK6\\\">pic.twitter.com\/LuEFTY3WK6<\/a><\/p>\n<p>\u2014 Algorand (@Algorand) <a href=\\\"https:\/\/twitter.com\/Algorand\/status\/1521266776276803585?ref_src=twsrc%5Etfw\\\">May 2, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script>\\n\\n\\n\\n<\/p>\n<p>The project team will assist FIFA in developing a digital assets strategy with a focus on NFTs and will provide a solution for the tournament wallet.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Algorand will also become an official sponsor of the FIFA Women&#8217;s World Cup in Australia and New Zealand in 2023.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Gianni Infantino, the president of the sporting organisation, said that the partnership with Algorand aligns with FIFA&#8217;s pursuit of \\&#8221;innovative channels for sustainable revenue growth\\&#8221;.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Algorand reacted to the news with a rise of almost 20% in the last 24 hours, according to <a href=\\\"https:\/\/www.coingecko.com\/en\/coins\/algorand\\\">CoinGecko<\/a>. The asset ranks 31st by market capitalization among cryptocurrencies.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<figure class=\\\"wp-block-image size-large\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" width=\\\"1024\\\" height=\\\"590\\\" src=\\\"https:\/\/forklog.com\/wp-content\/uploads\/ALGOUSD_2022-05-03_10-19-52-1024x590.png\\\" alt=\\\"Algorand \u0432\u044b\u0441\u0442\u0443\u043f\u0438\u0442 \u0441\u043f\u043e\u043d\u0441\u043e\u0440\u043e\u043c \u0447\u0435\u043c\u043f\u0438\u043e\u043d\u0430\u0442\u0430 \u043c\u0438\u0440\u0430 \u043f\u043e \u0444\u0443\u0442\u0431\u043e\u043b\u0443\\\" class=\\\"wp-image-171921\\\" srcset=\\\"https:\/\/forklog.com\/wp-content\/uploads\/ALGOUSD_2022-05-03_10-19-52-1024w.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/ALGOUSD_2022-05-03_10-19-52-300x173.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/ALGOUSD_2022-05-03_10-19-52-768x443.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/ALGOUSD_2022-05-03_10-19-52-1536x886.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/ALGOUSD_2022-05-03_10-19-52.png 1566w\\\" sizes=\\\"auto, (max-width: 1024px) 100vw, 1024px\\\" \/><figcaption>ALGO\/USD price chart on Coinbase. Data: TradingView.<br \/><\/figcaption><\/figure>\n<p>\\n\\n\\n\\n<\/p>\n<p>In March 2022, Crypto.com <a href=\\\"https:\/\/forklog.io\/crypto-com-stanet-sponsorom-chempionata-mira-po-futbolu\/\\\">became<\/a> the official sponsor of the FIFA World Cup.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>In December 2021, Borderless Capital <a href=\\\"https:\/\/forklog.io\/borderless-capital-zapustila-fond-na-500-mln-dlya-podderzhki-proektov-na-algorand\/\\\">launched a $500 million fund<\/a> to support projects in the Algorand ecosystem.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forklogfeed\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog Feed<\/a> \u2014 the full stream of news, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog<\/a> \u2014 the most important news, infographics and opinions<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FIFA granted Algorand regional sponsorship status for the FIFA World Cup in Qatar. The protocol became the official blockchain platform of the tournament.<\/p>\n","protected":false},"author":1,"featured_media":60901,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1329,828],"class_list":["post-60900","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-algorand-algo","tag-sports"],"aioseo_notices":[],"amp_enabled":true,"views":"39","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/60900","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=60900"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/60900\/revisions"}],"predecessor-version":[{"id":60902,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/60900\/revisions\/60902"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/60901"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=60900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=60900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=60900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}