JAKARTA – One of the founders of the Twitch streaming platform, Justin Kan, has released a new project that focuses on NFT games. Kan, who is also the founder of legal technology company Atrium, revealed that his new project is called Fractal and will function as an NFT game marketplace.
“Our mission is to create an open platform for the free exchange of digital goods. We will do this by partnering with the best gaming companies launching NFT and building tools that help them reach customers at scale,” said Kan.
The plan is that Fractal will be built on the Solana (SOL) blockchain. Regarding Solana's choice, Kan revealed that Ethereum's competitor presents low gas fees and provides high transaction speeds.
For information, the Solana blockchain is the most popular in terms of NFT sales volume. In addition, Solana's native token, SOL, has had a high price increase performance in recent months. Data from Coingecko reports that currently the SOL cryptocurrency is trading at the level of IDR 2,583,112. SOL prices are up 8.6 percent in the last 24 hours.
Kan said Fractal will have a primary market for early declines from gaming companies and a secondary market for peer-to-peer transactions.
"In the end, we see ourselves creating infrastructure for emerging NFT use cases, such as lending/scholarsihp models in some play-to-earn games," Kan said as quoted by The Daily Hodl.
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