In Brief
Visa partners with Crypto.com to drop World Cup-themed NFTs.
NFTs will be auctioned, with proceedings destined to charity.
Fans will be able to create their own NFTs at the FIFA Fan Fest in Doha, Qatar.
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Credit card company Visa, in collaboration with Crypto.com, is dropping five soccer-themed NFTs to raise funds for the charity Street Child United.
The NFTs are up for auction from November 1 until November 8. All proceeds will be donated to Street Child United, a U.K.-based charity that held an international soccer tournament for underprivileged kids in Qatar.
The digital collectibles will display goals from the World Cup players, such as Michael Owen, Maxi Rodriguez, Jared Borgetti, and Tim Cahill.
Each NFT is painted in the color of the player’s national team and includes information about the date, minute, and match of the goal scored.
“In Web3, the opportunities are endless. It’s just a matter of finding our place,”
said Andrea Fairchild, the senior VP of Visa.
Visa will also allow World Cup attendees to create their own digital art in the Visa Masters of Movement space at the FIFA Fan Festival in Doha. Fans will design NFTs by playing a four-minute, six-a-side soccer match on a virtual pitch.
Once the match ends, fans can see their NFT and receive it in their Crypto.com wallet within 14 days. Those who aren’t eligible for a Crypto.com account can receive the digital collectible as a non-NFT digital file.
In the Visa Masters of Movement space, fans can also learn about Visa’s new payment services and features. These include emerging technologies like blockchain. Visa has been FIFA’s official payment service sponsor since 2007.
In October, Visa partnered with one of the largest cryptocurrency exchanges, FTX, to launch debit cards in more than 40 countries. The debit card allows users to pay directly from their crypto wallets. For now, cards are only available in the U.S., with Europe and Latin America launches planned for 2023.
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