NFT

Twitch Co-founder Justin Kan to Launch Gaming NFT Marketplace

Twitch Co-founder Justin Kan to Launch Gaming NFT Marketplace
Justin Kahn, co-founder of the Twitch video streaming service, announced the launch of the Fractal marketplace for gaming NFTs. He is implementing the project together with a group of industry entrepreneurs.

"I never thought that I would become the founder of [a startup] again. Well, I'm back. I've spent the bulk of my career connecting games, creators and players. Twitch is already a big part of the metaverse. Fractal is the next step," he wrote.

The co-founders of the marketplace included Robin Chan, founder of the gaming company XPD Media (sold it to Zynga), David Wurtz, co-founder of Google Drive, and Mike Angell, who previously worked at Fast and Shopify.

The platform will be launched based on the Solana blockchain.

Fractal will act as the primary and secondary markets. Gaming companies will be able to sell new digital collectibles to users on the site, and the latter will be able to trade assets among themselves.

The project team also expects to develop new ways to use NFT in games.

In a comment for Protocol, Kang added that they plan to become not only a marketplace, but also a company dealing with blockchain infrastructure. According to him, the team wants to make more accessible lending and scholarship models promoted by games like Axie Infinity.

Earlier, a piece of virtual land in Axie Infinity was sold for 550 ETH (about $ 2.46 million at that time). Representatives of the project called it a record acquisition in the history of the sector.
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