Fractal

Fractal

Marketplace for blockchain gaming and NFTs

About Fractal

Simplify's Rating
Why Fractal is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Rating Differentiation

Industries

Crypto & Web3

Gaming

Company Size

1-10

Company Stage

Seed

Total Funding

$34.2M

Headquarters

San Francisco, California

Founded

2021

Overview

Fractal provides a platform for game developers and players to interact with blockchain-based games and NFTs. Developers can list their games and in-game assets, while gamers can buy, sell, and trade unique digital items. The company earns revenue by taking a commission on transactions, including new NFT sales and secondary market trades. Fractal aims to create a vibrant marketplace for digital assets in the gaming industry, fostering community engagement through social media.

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Significant Headcount Growth
Simplify Jobs

Simplify's Take

What believers are saying

  • Fractal's expansion to Polygon attracts developers with lower fees and faster transactions.
  • The $10 million funding boosts Fractal's resources for platform expansion.
  • 'Sign In with Fractal' wallet enhances user experience, potentially increasing retention.

What critics are saying

  • Expansion to Polygon may increase competition, affecting Fractal's market share.
  • FStudio tools might not meet developers' needs, leading to underutilization.
  • Cryptowinter could impact Fractal's NFT transaction revenue due to low consumer confidence.

What makes Fractal unique

  • Fractal offers a unique marketplace for gaming NFTs, focusing on blockchain technology.
  • The platform supports popular games like 'House of Sparta' and 'Mini Royale'.
  • Fractal's FStudio tools simplify blockchain integration for game developers.

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Funding

Total Funding

$34.2M

Above

Industry Average

Funded Over

1 Rounds

Notable Investors:
Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood
$35M
Fractal

Benefits

Generous PTO

Competitive Salary

401k Contributions

Company News

DealFlow
Oct 20th, 2024
Fractal raises $10m in funding

Renfe secured a €78 million contract, while Madrid-based Fractal raised $10 million led by Kayyak Ventures. Oakley Capital acquired a 70% stake in logistics software company Alerce, which has sales of around €12 million and EBITDA between €4 million and €5 million. Other funding news includes Shakers raising €6 million, Cocoon €2 million, and Kalma €1 million. Accenture acquired cybersecurity firm Innotec Security. Nauta led an €8.8 million Series A round in UK-based Spotted Zebra.

VentureBeat
Jun 6th, 2023
Fractal Unveils Fstudio Tools To Make Building Blockchain Games Easier

Missed the GamesBeat Summit excitement? Don't worry! Tune in now to catch all of the live and virtual sessions here. Justin Kan’s Fractal is unveiling FStudio, a set of tools that make it easier for game studios to build, market and monetize Web3 games without blockchain expertise.Kan, the cofounder of Twitch who started Fractal in 2021 to build tools for blockchain games, believes that blockchain tech is the best way to get to a player-driven economy. But he said the problem is the gaming industry has become obsessed with talking about that backend technology – turning off players and distracting Web3 startups from the main mission: creating excellent gameplay experiences. To move forward, we need to refocus the conversation on the players, not the tech, Kan said in an interview with GamesBeat.“In the last eight months or so, we’ve been working on a bunch of features that help empower the next wave of developers for Web3 gaming,” Kan said. “We call it FStudio. We’re solving the problems that we learned from talking to developers

Decrypt
Jun 6th, 2023
Twitch Co-Founder's Fractal Launches Tools to Help Devs Build NFT Games

Gaming-centric Web3 startup and NFT marketplace Fractal has announced Fractal Studio, or FStudio, a three-part product the firm says will enable video game developers to more easily add crypto integrations into their titles without having to code.

Tingbits
May 11th, 2023
Mojo Melee: Planet Mojo's Epic Autobattler Now Live on Fractal

Mojo Melee introduces a unique collaboration with Fractal in addition to the open beta qualifier.

Decrypt
Jan 24th, 2023
Twitch Co-Founder’s Solana Gaming Platform Fractal Expands to Polygon - Decrypt

Fractal co-founder Justin Kan tells Decrypt that many game developers "want to be on Polygon" as the platform expands.

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