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The global governing body for football, FIFA, is launching a non-fungible token platform on Algorand. The post FIFA Launches NFT Collection on Algorand (ALGO) appeared first on BeInCrypto.
It has been a choppy week for the crypto market. Several cryptos have stood out, however, with bearish trend reversals beginning to form.
Many people flock to the crypto space with dreams of becoming rich. It's understandable after seeing countless stories about new generations of millionaires that revitalized their personal fortunes almost overnight. These stories are still possible, and new levels of riches will still be made in crypto again and again, even despite the current market downturn.
FIFA, the global governing body of soccer, is launching a new NFT collectibles platform with the highly anticipated World Cup just around the corner. The new platform will be launched on Algorand, continuing an existing partnership between the two parties.
The platform will debut later this month and will feature memorable soccer moments, art, and imagery.
The collection of notable soccer moments and imagery comes four months after FIFA's partnership with Algorand in May of this year. The post FIFA launches digital World Cup collectibles project on Algorand appeared first on The Block.
FIFA is set to launch an NFT collection featuring some of the most iconic moments of the tournament's history The NFT collection will be launched on the Algorand blockchain in late September. The Fédération Internationale de Football Association popularly known as FIFA is launching an exclusive NFT collection featuring some of the greatest FIFA moments of all time.
The NFT clips of classic soccer action are connected to the Algorand blockchain and will debut ahead of the 2022 Qatar World Cup.
The two companies have decided to collaborate on a new collection of collectibles
The Algorand price has not moved by much in today's trading session and has traded relatively stable since the markets opened.
T he crypto market is currently experiencing a crypto winter as a result of soaring inflation, restrictive monetary policies, and a lack of liquidity. Between 70% and 90% of the value of tokens were lost in the crypto crash of June.
Algorand native token, ALGO, has dropped 17% since the start of this month and has now joined the group of cryptocurrencies whose prices have tumbled by double digits this month. Algorand sheds 91.30% from ATH of $3.28 ALGO price now trading at $0.2985 MFI at 17 reaches oversold zone Away by 91.30% from its record high of $3.28, ALGO is the 30th-ranked cryptocurrency with the greatest market capitalization.
SPONSORED POST* The market will soon see the introduction of many more crypto assets than just currencies. There is a need for responsible asset management because the core cryptographic components and applications of cryptocurrencies differ, as does the widening range of crypto assets.
Bitcoin's price [+3.81%] closed its daily candle worth $20,295.6 on Monday.
Down 17% since the month started, Algorand's native coin, ALGO, joined the league of crypto assets that have posted double-digit price declines this month. According to data from CoinMarketCap, the coin was priced at $0.2848 at press time.
ALGO Started trending towards lower levels around the 14th of this month.
Proof-of-stake (PoS) is widely considered as the future of cryptocurrencies. The post The Best Staking Coins appeared first on Bitcoin Market Journal.
BudBlockz (BLUNT), Algorand, Fantom, and Apecoin are among the top cryptocurrencies to look out for.
Distributed Finance acquires Algorand NFT marketplace Rand Gallery, and closes a $2.5 million seed round led by Borderless Capital. The post Distributed Finance acquires Algorand NFT marketplace Rand Gallery appeared first on The Block.
Algorand makes a smooth correction to the downside, after it has experienced rejection at the resistance around $0.3700.
Bitcoin [BTC] has taken a huge hit and dropped by 2.7% in the last 24 hours and the whole market is following the suit. Despite the doom and gloom of the overall market, Algorand [ALGO], has come up with a new update and given its investors some hope.
CBDCs, central bank digital currencies, are currently a buzzword amongst many financial institutions. CBDCs are digital tokens issued by a central bank.
The funds will be used by the Latin American firm to expand infrastructure and build payment rails.
Algorand Foundation CTO John Woods gave an update on how the project is spearheading quantum countermeasures to provide more secure cryptographic technology. The post Algorand leads quantum-proof technology with development of Falcon appeared first on CryptoSlate.
