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Twitch cofounder launches gaming NFT market Fractal Running o

Date:2024-05-03 18:02:01 Channel:Trade Read:
As crypto art and blockchain technology continue to flourish, Twitch co-founders have announced an exciting plan to launch a new game NFT market based on the Solana blockchain - Fractal. This news attracted the attention of the industry and brought new exploration directions to the digital art and blockchain industries. Let’s dive into this compelling topic.
The birth of Fractal marks the perfect combination of digital art and blockchain technology. As a high-performance blockchain platform, Solana will provide Fractal with powerful technical support and bring unprecedented experience to users and creators. In this era full of innovation and infinite possibilities, Fractal will surely become a dark horse in the digital art market, leading the entire industry to develop in a more open, transparent and inclusive direction.
Fractal: A new world of digital art
The launch of Fractal will open a new door for artists, collectors and enthusiasts. By combining games with NFTs, Fractal provides users with a unique digital art experience. The ownership, authenticity and scarcity of artistic works will be guaranteed through blockchain technology, injecting more trust and vitality into the digital art market. On this platform, users can not only appreciate digital works of various styles and types, but also become the true owners of the works by purchasing NFT.
Solana: The leader in high-performance blockchain
As the underlying technical support for the Fractal game NFT market, the high performance and low cost of the Solana blockchain will greatly promote the trading and circulation of digital artworks. Compared with traditional blockchains such as Ethereum, the high throughput and low latency of the Solana blockchain will bring users a smoother and more convenient transaction experience. This efficient blockchain infrastructure provides a solid foundation for the development of Fractal and injects new vitality into the prosperity of the digital art market.
The future development of the digital art market
With the continuous development and improvement of blockchain technology, the digital art market will usher in a broader development space. As a representative of digital assets, NFT will gradually enter people's lives and become a cultural symbol in the digital age. Through the immutability and transparency of blockchain, the authenticity and ownership of digital artworks will be better guaranteed, bringing more opportunities and possibilities to artists and collectors.
Conclusion
In the era of digitalization, the combination of digital art and blockchain has brought new opportunities and challenges to the art market. The Fractal game NFT market launched by the co-founder of Twitch will inject new vitality into the digital art industry and promote the application of blockchain technology in the art field. Let us wait and see, witness the booming development of the digital art market, and jointly explore the infinite possibilities of the digital age.

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Justin Kan, co-founder of the well-known game live streaming service Twitch, published an article on the 12th announcing that he is planning to launch a platform designed for non-fungible tokens (NFTs) for games with other experts in the game field, named Fractal.

The platform will run on the Solana blockchain because Justin believes that its low handling fees and high speed are attractive to game creators who want to own a large number of game assets; according to his description: Fractal's mission is to create an open platform for the free exchange of digital goods, and to expand support for existing crypto games by working with the best game companies to launch NFTs and build related tools.

According to Techcrunch, Justin and the Fractal team hope to turn the platform into a Kickstarter in the blockchain game field, allowing users to purchase exclusive NFTs in pre-sales, which will help provide early funds for the creation of the game itself; they are even planning to create infrastructure for NFTs, such as lending/scholarship models in some games. The team said it hopes to officially launch the Fractal platform in the next few weeks.

Other co-founders of the Fractal platform include: Robin Chan, who founded a mobile gaming company XPD Media and sold it to Zynga, and was previously the head of Zynga's Asia region; David Wurtz, who is the co-founder of Google Drive and an advisor to Shopify; and Mike Angell, a 20-year e-commerce veteran who previously worked at Fast and Shopify.

The original intention of creating the platform

As for why he created the platform, Justin cited his childhood memories. He said that when he was in high school in the late 1990s, he spent a lot of time playing Ultima Online, the first massively multiplayer online role-playing game created by Richard Garriot. Thousands of players can play together in a virtual, persistent fantasy world, team up with players to kill monsters and collect loot.

He praised the designers of Ultima Online for being ahead of their time, allowing players to build permanent houses on the map to store their digital treasures. But the available land in the game did not expand as the number of players increased, but became more and more scarce, and eventually houses could even be sold on eBay for hundreds of dollars.

Nearly two decades later, the world has changed dramatically, and most of our lives are now lived in the online world. Justin believes that putting these persistent game assets on the blockchain is the next step for games.

For players, this means that they can truly own the value of their work in the game: the items they own can be bought, traded or sold; and for game companies, their game assets become a sustainable platform for other developers to build experiences on it.

Ubisoft's new NFT platform is strongly resisted by the game community

It is worth noting that the well-known game developer Ubisoft Entertainment also released a new NFT platform Ubisoft
Quartz last week, where players can obtain NFT objects that can be applied to its game masterpieces; but this move does not seem to have won the favor of some players in the non-crypto game field.

According to previous reports, the promotional video released by Ubisoft for the new platform has an overall negative rate of more than 96% in the community. Operator Drewski, a user who commented on the video with nearly 3,000 likes, said that Ubisoft's NFT project has not put any effort into improving the overall gaming experience: This is a very obvious warning to me. The company is clearly squeezing every penny of the "Fortnite" series and investing very little effort in the game itself. If the game team has fallen to this level, I will never play this series of games again. On Reddit, where netizens gather. A user named u/WolverineKuzuri93 posted a post on the Reddit sub-forum r/gaming on the 8th to boycott the new NFT project. The post title is: Don't support Quartz; in just 2 days, this tweet has 2,500 comments, with an approval rate of more than 93%, and more than 14,600 votes. A Redditor who received a high number of likes commented that we must oppose this practice. "This is just another way of throwing money at extra packaging, rather than focusing on making a quality game with depth. We have to make sure companies understand that this is anti-consumer."

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