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Cryptoknowmics 2022-04-02 07:56:48

Twitch Co-Founder Justin Kan’s Gaming NFT Startup Raises $35 Million

The massive streaming video platform that redefined the video gaming experience, Twitch was co-founded by Justin Kan. Kan believes that great opportunities for the gaming industry lie in the NFT space. Presently, Justin Kan has raised $35 million for his NFT gaming marketplace startup, Fractal. On April 1, the NFT marketplace Fractal shared the thrilling announcement on Twitter. we have good news. read on 👇 tldr: we raised $35m from incredible crypto investors & stoke is high at Fractal HQ — fractal has a big seed round 🌱 (@fractalwagmi) April 1, 2022 About Fractal The NFT marketplace enables gaming industries to mint and drops gaming NFTs for enthusiasts. Additionally, it provides a secondary market to players to allow selling NFTs to one another. Kan states that although his platform is partnered with Solana blockchain and has Solana-based games running, he guarantees the intersection of NFTs and gaming will expand other styles and modes of games. Who Funded The Seed Round? The $35 million fundraisings will be used in hiring engineers and recruiting game developers. Cryptocurrency and Web3 investment firms, Multicoin Capital and Paradigm led the seed funding round, as was announced by the NFT gaming platform. Fractal is a marketplace and launchpad for Solana NFTs used in gaming, which was launched in December. The seed funding round also included Andreessen Horowitz, Solana Labs, Animoca Brands, Coinbase Ventures, and Play...

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