BitCoinsXE: Ultimate Guide to Cryptocurrencies, Wallets, Markets, and Live Exchange Rates. logo BitCoinsXE: Ultimate Guide to Cryptocurrencies, Wallets, Markets, and Live Exchange Rates. logo
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...

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer