Cryptocurrency

England FA is looking to launch it own NFT platform

The Soccer Affiliation (FA) says its NFTs shall be primarily based on the Three Lions and Lionesses groups.

England’s nationwide soccer governing physique, the FA (Soccer Affiliation) has introduced plans to launch a non-fungible token (NFT) platform. The England soccer governance physique is presently searching for a possible accomplice to assist realise the NFT aim, based on particulars posted on its web site.

The RFP and the tender course of is a part of a long run NFT technique set to concentrate on fan engagement, the FA added within the launch.

We have today launched a Request for Proposal [RFP] tender process to appoint a partner to build a long-term Non-Fungible Token [NFT] based platform, focused on the England Senior Men’s and Women’s teams,” the FA wrote within the press launch.

Fan engagement and new income stream

In accordance with the FA, tapping into the blockchain-based know-how will supply followers new methods to interact with the nationwide groups. NFTs may also permit the organisation to leverage new income streams, with the earnings flowing again into the sport.  

Navin Singh, FA Business Director, added in a remark:

NFTs present a unique and innovative opportunity to engage with our fans through the imagery of The FA and the England Senior Men’s and Women’s teams. Any revenue generated will be for the benefit of the game, whilst importantly offering flexibility for fans to express their fandom in this new exciting medium.

The FA has launched key Mental Property [IP] for its use as a part of the RFP effort, together with names of present nationwide crew gamers, match footage, and the Three Lions and Lionesses logos amongst different imagery.

The FA’s plans come a couple of months after the UK authorities signaled it will be minting its personal NFT, with this seen as one step in the direction of enhancing the nation’s place as a pacesetter within the crypto house.


by way of Cointojournal

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