FIFA has partnered with Avalanche to create a custom blockchain compatible with the Ethereum Virtual Machine, migrating its FIFA Collect NFT collection from Algorand and Polygon. This move aims to enhance speed, scalability, and security for FIFA's digital collectibles.
An iconic NFT collection, CryptoPunks, has been sold to a nonprofit organization, marking a significant moment in the intersection of art and philanthropy within the digital assets landscape. This sale reflects the growing trend of utilizing NFTs for charitable purposes and emphasizes the potential of blockchain technology in supporting social causes.