Twitch co-founder's gaming-focused NFT platform Fractal officially launches

Quick Take

  • Fractal is a gaming-focused marketplace founded by Twitch co-founder Justin Kan and other entrepreneurs in the entertainment industry: Robin Chan, David Wurtz and Mike Angell. 
  • The platform acts as a primary and secondary marketplace for non-fungible tokens with utility in video games.

The gaming-focused non-fungible token (NFT) marketplace Fractal —  launched by the video game streaming platform Twitch co-founder Justin Kan and other media entrepreneurs Robin Chan, David Wurtz and Mike Angell — officially went live today.

Fractal is a primary and secondary market for NFTs that have utility in games, as The Block previously reported. Game companies can mint and drop gaming NFTs for its fans, and players can sell NFTs to each other in the peer-to-peer marketplace. 

“NFT's are like the new Kickstarter. A lot of gaming companies are saying, ‘Hey, this is a great way to engage our audience and reward people who are early,” Kan told The Block. “We have an audience of highly engaged gamers who want to play games and discover new NFTs for games, then we could be the place that makes sense to mint.”

Game developers must apply to have digital assets sold on Fractal, which will consider the credibility of the game, the team creating it and the assets provided to Fractal during the application process, Kan said. "These efforts protect our users and ensure they are able to make informed purchase decisions." 

Fractal initially chose to run on the Solana blockchain for its low costs and high transaction speeds but intends to add multichain interoperability in the future. Fractal is currently being self-funded by its founders but intends to start raising after its launch, Kan explained, and will take Fractal will take 2% on all sales once the platform starts selling NFTs. 

To help kick off its launch, Fractal has partnered with Solana-based games such the Japanese-style role playing game (RPG) Aurory, the RPG Genopets, the shooter-stye game Nyan Heroes and the multiplayer online battle arena (MOBA) Solchicks.