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Weather Today: For FIFA World Cup 2026 Tickets 100-NFT Collection NOW
Amid the 2023 Club World Cup, FIFA introduces the NFT collection NOW
Bitcoin bonds for El Salvador are anticipated to debut in Q1. According to reports, El Salvador’s eagerly awaited Bitcoin bonds, dubbed “Volcano Bonds,” have obtained regulatory approval for an early 2024 launch.
A Dec. 11 statement from The National Bitcoin Office (ONBTC) stated that the Volcano Bond was apparently approved by El Salvador’s Digital Assets Commission and is expected to launch during the first quarter of 2024.
On January 11, El Salvador initially approved the historic legislation that established the legal parameters for the bond backed by bitcoin.
Weather Today: For FIFA World Cup 2026 Tickets 100-NFT Collection NOW
The Volcano Bond is meant to finance the building of the nation’s planned “Bitcoin City” as well as the repayment of sovereign debt.
According to ONBTC, the bond will be issued on the Bitfinex Securities Platform, an El Salvador-registered trading platform for blockchain-based stocks and bonds.
With the bonds expected to mature in ten years and yield a 6.5% annual return to holders, it marks the start of Bitcoin-based capital markets in the nation. FIFA starts collecting NFTs.
On December 15, FIFA and blockchain company Modex will introduce a 100-NFT collection that will include icons from the organization’s ninety-two-year history as well as the opportunity to purchase FIFA World Cup 2026 tickets.
$500 million cryptocurrency fund looks to invest in companies like Animoca Brands and Chainalysis as the cryptocurrency markets continue their bullish momentum.
C1 Secondaries Fund, with $500 million in assets, is one such fund. The Australian Financial Review revealed on December 10 that the fund based in Silicon Valley and the United Arab Emirates is willing to write checks for $20 million to $50 million to purchase private holdings in cryptocurrency companies that have been valued at $300 million or more in their most recent funding round, citing a pitch deck.
In its most recent capital raise, Animoca Brands sold shares for about $4.50. But a former Coinbase executive co-founded the C1 Fund, which has offered to purchase the shares at roughly $1.12, a price that is 75% less than its
Amid the 2023 Club World Cup, FIFA introduces the NFT collection.
In association with blockchain company Modex, the Fédération Internationale de Football Association (FIFA), which oversees international football competitions, will introduce its own nonfungible token (NFT) collection prior to the 2023 Club World Cup in Saudi Arabia.
An exclusive set of 100 NFTs will launch on December 15 and offer the opportunity to win tickets to the FIFA World Cup 2026 final, according to the Dec. 11 announcement.
Furthermore, this month, 900 more digital collectibles featuring iconic moments from the ongoing tournament as well as digital replicas of memorabilia will be released on the Polygon network and Open Sea.
“The FIFA Club World Cup is set to begin in Jeddah, Saudi Arabia on December 12 and features seven of the best football teams in the world.” The
Digital collectibles expand the ways in which fans can engage with their favourite players, teams, and game. “We’re proud to help FIFA achieve this objective,” said Modex CEO Francesco Abbate.
With 909,255 digital collectibles minted and 16,448 holders, the FIFA+ Collect platform has facilitated 11 NFT drops since its launch.
The platform has recorded trading volume in both primary and secondary NFT markets totaling $2.4 million. FIFA+ Collect Info asserts that “Mint Volume can be misleading as it cannot distinguish the packs obtained for free in challenges from the packs purchased with USDC.”
By cutting onboarding time by 90%, this KYC solution promotes cryptocurrency adoption.
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