FIFA announced Algorand as its new official sponsor. The token had been struggling to get rid of bears, however, now it’s being anticipated that the announcement might help ALGO in ways more than one.
Mainstream adoption is possible only through partnerships with popular mainstream companies or brands. But crypto found its way through sports partnerships and made it big in a very short frame of time.
The latest recipient of the same is Algorand which has teamed up with FIFA to agree on a sponsorship and technical partnership deal. With this deal, Algorand will become the official blockchain platform of FIFA and provide the official blockchain-supported wallet solution.
<p lang=«en» dir=«ltr» xml:lang=«en»>BREAKING: @FIFAcom has announced #Algorand will become the official blockchain of FIFA, empowering the global football community with cutting-edge, sustainable technology. Read more Read more on ambcrypto.com