Justin Kan, the co-founder of the video game livestreaming service Twitch, and other gaming industry entrepreneurs are launching a Solana-based marketplace designed for gaming non-fungible tokens (NFTs) called Fractal.
Fractal will act as a primary market, in which gaming companies can drop new products for fans, as well as a secondary market where users can sell their NFTs to each other. The Fractal team also hopes to develop new use cases for NFTs in gaming, Kan wrote in a Medium post.
Other Fractal founders include Robin Chan, who founded a mobile gaming company called XPD Media and the game development giant Zynga, and Mike Angell, who previously worked at the firms Fast and Shopify.
Investor interest in blockchain gaming has grown rapidly within the past few months with firms such as CoinFund and Multicoin Capital funding blockchain-based gaming startups. Even the popular NFT project Bored Ape Yacht Club is expected to have a blockchain-based game in Q2 of next year through a partnership with Animoca Brands.