- Co-Founder of Twitch launches gaming NFT on Solana.
- The platform will function as both a primary and secondary marketplace, allowing players to purchase non-fungible tokens from game businesses.
Fractal is a marketplace for gaming NFTs that is available to the public. NFT drops for durable in-game assets can be listed and sold directly to players by game companies. In addition, players can find new NFT games, purchase NFTs, and resell their NFTs. Justin Kan, Robin Chan, David Wurtz, and Mike Angell, all industry professionals, founded Fractal.
The introduction of Fractal, a marketplace for gaming-related NFTs led by Twitch co-founder Justin Kan, gave Web 3 gaming another boost on Monday.
NFTs have exploded in popularity as a new way to monetize games this year, and we’ve seen a surge in funding for firms like Mythical Games, Dapper Labs, Sky Mavis, Animoca Brands, and others.
According to a press release, the company has several gaming collaborations in place that will be unveiled in the next week. In November, Kan led an $8 million fundraising round for Solana-based mafia game “Syn City,” making him an active investor in Web 3 gaming in recent months.
“I used to spend an inordinate amount of time farming gold in MMOs before they had any form of long-term value.” Fractal co-founder Justin Kan stated. “The move to NFTs on a blockchain for in-game assets will give players true ownership and provide new layers of programmability and interoperability to games. On top of NFT games, developers will be able to create a variety of new experiences. That is the future we want to create.”
Some of the most innovative games that have already been working on blockchain integrations are among Fractal’s first partners. The Fractal-exclusive NFTs will be objects that grant gamers powers and experiences in their forthcoming games. Fractal is focused on crypto gaming firms that create enjoyable, engaging, and replayable games.
Fractal co-founder Robin Chan remarked,
“Gaming firms want to engage with us since we are industry professionals who are building for their needs. We’ve noticed a surge in traditional developers wanting to create a crypto experience, and we’re thrilled to help them.”
The platform will function as both a primary and secondary marketplace, allowing players to purchase non-fungible tokens from game businesses for usage in-game and a secondary marketplace for peer-to-peer trading.
Gaming studios have already partnered with the company, and fresh NFTs will be released in the following weeks.