IOCWKFOlympicsANOC Español Paris 2024TeqballParalympics
Press Releases

The Football Foundation for Africa embraces blockchain tech with a new partnership

Compartir
Compartir articulo

The Football Foundation for Africa (FFA) today announces a partnership with The Sports DAO Ltd. to implement a long-term plan for FFA to apply blockchain technologies in building a better future for grassroots football in Africa.

The collaboration will create educational programmes and ownership values enabled by blockchain technologies to add to the extant benefits of the beautiful game.

The partnership aims at providing education as one of the fundamental values of society to improve people’s lives and sustainable development. The same belief applies to the football industry in Africa and beyond. The FFA will focus on delivering technology-focused education programmes to young people with a passion and gift for the sport to enhance their employability and entrepreneurial skills.

In their first project together for the Africa Football Business Summit in October 2022, FFA and the Sports Dao will issue non-fungible tokens (NFTs) and use this as a platform to educate people about emerging blockchain technologies while also providing a practical application at the summit.

Brian Wesaala, the founder of FFA and a computer science practitioner, recognises the potential of blockchain technology and its related educational values. “FFA is ready to embrace the strategy around the blockchain,” he says. “I am very happy to partner with The Sports DAO, whose founder Dr Lingling Liu is a leading football business executive and an early adopter of Web3 technologies for sports business. We will together explore blockchain as a means to unlock more resources for grassroots football communities in Africa.”

“We are excited at the prospect of a long-term partnership, which will focus on community and socially responsible ESG (Environmental Social and Governance) standards and policies, and the sustainability and ethical impact of an investment in football in Africa,” says Dr Lingling Liu of The Sports Dao. “Our partnership will realise the spirit of DAO (Decentralised Autonomous Organisation) on Cardano blockchain.”

The FFA’s vision is to create member-owned communities without centralised leadership. The decentralisation nature of blockchain technology makes it possible for football fans not only to follow their beloved sports but also to become the owner of the sports and to join the process of making important decisions.

Joining forces with the FFA and the Sports DAO is NMKR, the world’s leading infrastructure brand on the Cardano blockchain. “The Football Foundation for Africa and the Sports DAO are our dream partners to onboard sports in Africa to our web3 ecosystem. Their focus on sustainability and scalability is a perfect fit to our approach to using technology in the right way. We are thrilled to welcome the football industry in Africa to our ever-growing blockchain infrastructure.” says Kristian A. Portz - COO at NMKR.

Temas Relacionados

Football Foundation For AfricaATR PR

Recent Articles

If not the Seine River, where? : the alternatives for the opening ceremony that Macron revealed

For the first time, the President of France mentioned the other plans that the organization has for Paris 2024 in the event that, finally, the parade of delegations across the Seine River cannot take place on July 26. “We prepared them in parallel,” he said.
If not the Seine River, where? : the alternatives for the opening ceremony that Macron revealed

Shock in the world of gymnastics due to the death of María Herranz

The athlete, who represented Spain in the last World Trampoline Gymnastics Championships held in Birmingham, lost her life “suddenly”.
Shock in the world of gymnastics due to the death of María Herranz

The United States confirmed a basketball team that matches the 1992 Dream Team

With LeBron James, Stephen Curry and Kevin Durant, the North American national team will try to claim a 2023 World Cup in which they did not reach the podium. They will debut on July 28 against Serbia.
The United States confirmed a basketball team that matches the 1992 Dream Team

Handball drew the groups for Paris 2024: France will seek to defend its crowns

In both men and women, two groups of six were formed and the first four in each zone will go to the quarterfinals. The local teams will try to retain titles won in Tokyo.
Handball drew the groups for Paris 2024: France will seek to defend its crowns

The Olympic flame was lit at the traditional ceremony in Olympia

The Greek Stéfanos Duskos and the Frenchwoman Laure Manaudou were the first in charge of carrying the torch, who after 10 days in Greece will travel to Marseille to begin the tour until on July 26, in Paris, the pebetero is lit. “The Olympic Games are the only event that brings together the entire world in peaceful competition,” said Thomas Bach.
The Olympic flame was lit at the traditional ceremony in Olympia