Fractal Raises $35 Million Seed Round

How it started

The seed of Fractal came out of a brainstorming session between myself and my cofounders, David Wurtz (Fractal CEO) and Robin Chan. We were all redpilled on crypto and looking for opportunities to build. David was excited about NFTs, and the ways that value would evolve as NFTs continued to gain utility. To me, the obvious next step was gaming: as a gamer, I’d already been spending real money on digital assets for years. Putting them on a blockchain to certify real ownership was clearly going to happen.

How it’s going

Since we announced mid-December, we have been moving super fast.

The tweet that started it all.
Our Yaku mint broke Solana — lots of failed txns.

Why now?

We believe that blockchain represents a new, participatory business model for gaming, one that is better for both gamers and game developers.

Fractal Seed Round

To pour some gasoline on the fire (note: is that a responsible thing to do?), we’re excited to announce today that we’ve closed a $35M Seed financing round from some of the sickest investors in crypto and gaming. The round was led by Paradigm and Multicoin Capital, with participation from Andreessen Horowitz, Solana Labs, Animoca Brands, Coinbase Ventures, Play Ventures, Position Ventures, Zynga founder Mark Pincus, Crossover, Shrug Capital, TerraForm Labs CEO Do Kwon, Tim Ferriss, Eric Glyman and Karim Atiyeh (Ramp), Twitch cofounder Kevin Lin, Zynga cofounder Justin Waldron, dao5 founder Tekin Salimi and many more. Goat Capital previously led Fractal’s seed round in January.

Dream team.

WAGMI.

- Justin

PS

If you want to join us on Fractal’s mission to onboard the next 100M crypto users through games, here is a list of open roles at Fractal. We’re off to a fast start and have a lot more planned. In the meantime, find us on Discord and Twitter.

--

--

Discover, buy and sell gaming nfts

Love podcasts or audiobooks? Learn on the go with our new app.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Fractal

Fractal

Discover, buy and sell gaming nfts