The logo for a marketplace.
It's called fracktal.
The co-founder of twitch is working on a new marketplace for gaming NFTs, reflecting a boom in the space during what has been a blockbuster year for cryptocurrencies and digital collectibles.
According to the man behind the service that reaches more than 30 million users a day, the platform will allow players to purchase and sell assets for games that run on the Solana blockchain.
"For players, this will mean they can truly own the value of their in-game work: items they own will be buyable, tradeable or sellable," Kan wrote in a Medium post on Sunday. "For game companies, their in-game assets become persistent platforms on top of which other developers will be able to build experiences."
Kan said that the primary market for Fractal will be companies that create new games for players and also a secondary market where users can buy and sell NFTs.
Kan said that the low cost and high speed of transactions were appealing to game creators who wanted to have a high number of in-game assets.
He said a launch line-up would arrive soon, but didn't specify a date.
The best performing token in the year is tied to games and metaverse platforms. The valuation of the market has risen to $2.1 trillion as of Monday.
The AXS token for the game has gone up 17,440% to trade above $101 on Monday. The Decentraland's native token named MANA has charged up about 3,900% and The Sandbox's SAND token has climbed by savesay savesay savesay's native token named MANA has charged up about 3,900% and The Sandbox's SAND token has climbed by savesay savesay savesay
Solana was up over 10,000% in the past year.
The growth has taken place as companies lay the groundwork for the growth of the metaverse.
Business Insider has an original article.
