FIBA launches first NFT on Polygon | CryptoTvplus


Just like FIFA, FIBA is also interested in harnessing the power of blockchain technology. FIBA, the global governing body for basketball is launching its inaugural NFT project. 

The official digital collectibles for the FIBA 2023 World Cup will be built on the Polygon Network.

In collaboration with Venly as a partner, this NFT project will offer fans exclusive benefits and experiences.

Polygon has gained popularity as a rapidly expanding Layer 2 scaling solution for the Ethereum network. Its objective is to tackle Ethereum’s scalability challenges by furnishing a framework for constructing and deploying decentralized applications (DApps) that offer enhanced speed, reduced transaction costs, and improved user experience.

Venly provides tools and services for companies to leverage blockchain technology, focusing on accessibility, user experience, and security. 

They aim to provide both developers and end users with a user-friendly platform. Venly is recognized for innovation in Web3 and Web2 industries, with a mission to onboard more users to Web3.

Set to commence in the…

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