Logo by Solana Labs. Art by Mike Sullivan.
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Crypto

Twitch Co-Founder Gives Solana a Vote of Confidence; Elon Musk on Moving Crypto Markets

Photo: Logo by Solana Labs. Art by Mike Sullivan.

The Solana blockchain just got another endorsement. Justin Kan, co-founder of streaming platform Twitch, said Monday that he’s launching a non-fungible token marketplace called Fractal that will be based on Solana. “I believe that Solana is the future of gaming,” Kan told TechCrunch.

Fractal, which will focus on gaming NFTs, could show whether a marketplace targeting a specific niche can draw buyers away from leading competitor OpenSea, which offers digital assets that include art, gaming and music NFTs and is based on the Ethereum blockchain. Open Sea is fielding investment offers that could boost its valuation to $10 billion. It currently dominates the NFT space with more than $13 billion in total sales volume, according to blockchain data tracker DappRadar. 

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