Overview of Fractal
Fractal, a Twitch co-founder Justin Kan project, just raised $35 million in funding and is set to revolutionise the gaming industry.
Fractal offers a Solana-based platform for non-fungible tokens (NFTs) that enables gamers to create and trade art, games and other creative products.
In this article, we’ll have an overview of what Fractal is, its plans for the future and how it can benefit gamers.
What is Fractal?
Fractal is an innovative company, a provider of technology services designed to create, build and manage financial systems on behalf of other companies. They offer tailored solutions to deliver the performance and cost efficiencies necessary for businesses to stay competitive in today’s increasingly complex global economy. Companies can leverage their portfolio of adaptive financial services including cloud-based technology, software development, testing and deployment services, cybersecurity solutions and business analytics.
In addition to offering the most reliable high-performance technologies available today, Fractal works closely with its customers to understand their individual needs and provide customised business intelligence solutions that can be used as strategic decision-making tools. This arrangement allows companies to quickly improve operational efficiency and quality assurance processes while reducing time-to-market for new products or services.
Furthermore, Fractal has debuted its proprietary artificial intelligence (AI) platform for financial planning. This platform is powered by AI algorithms developed using various supervised machine learning methods such as random forests, deep neural networks and regression analysis. This technology enables Fractal’s customers to gain improved financial visibility and forecast future performance trends more accurately than ever.
To keep pace with rapidly evolving customer requirements in the banking industry they are developing a blockchain platform that enables users to exchange assets over a secure network in near real-time. With this system, banking customers will be able to enjoy improved transactional speeds and greater security and cost savings due to the distributed ledger technology utilised by this application which helps banks eliminate processing fees (for example; currency exchange fees) associated with traditional money processing methods. Furthermore, they are developing advanced predictive analytics models based on customer data available through their entire portfolio of products and services which can help organisations better anticipate changes in market conditions or customer behaviour for more effective decision making going forward.
What services does Fractal offer?
Fractal offers AI-powered analytics solutions and services to organisations of all sizes. Its industry-leading platform allows users to explore their data most efficiently, creating an easy-to-use interface that anyone can use. Fractal’s algorithms process and analyse large amounts of data, allowing customers to create actionable insights from their data sets.
The platform offers several services, such as decision products, discovery analytics, modelling engine, visualisation tools and custom reporting. These services enable customers to explore previously hidden relationships between their data points. In addition, the software is designed for adaptability so any organisation can customise the app depending on their specific needs.
The company also provides consulting services which helps customers understand how best to utilise the platform for maximum value. Fractal also has an R&D team dedicated to improving its technology and innovating new user features. Its latest product is a cloud-based AI platform that enables businesses with easily accessible analytics tools which help them gain insights from their data and uncover trends faster than ever before.
In the future, Fractal will continue to develop advanced AI capabilities to provide better insight into complex datasets and outperform current solutions in terms of accuracy and scalability. They may also offer more comprehensive pricing plans so businesses of any size can access this powerful technology regardless of budget restrictions or size considerations. By continually adapting to customer feedback and developing new functions, Fractal expects to establish itself as a leader in AI analytics solutions shortly.
Fractal, the Solana-based gaming NFT platform founded by Twitch co-founder Justin Kan, has recently raised $35 million in a Series A funding round.
This latest round of funding is a sign of the project’s growing popularity. With this new round of investment, Fractal will be able to continue to develop its platform and create new ways to build gaming and digital art experiences on Solana.
How much money was raised?
In January 2019, Fractal Analytics secured $100 million in Series E funding from Tier 1 VCs such as NVP, SEP III and Tiger Global. This brings the total amount of funds raised by Fractal Analytics to date to $200 million. The additional funding will help Fractal expand into new markets and invest in product innovation and technology.
The plans for the future involve introducing more advanced analytics capabilities with AI and using machine learning algorithms to better understand customer behaviour. This includes optimising pricing with predictive analysis, creating an automated analytics engine to accelerate customers’ speed-to insights journey, and presenting visually compelling data to show relationships between different variables. Furthermore, the company plans on investing further into research & development for “Data Science as a Service” (DSaaS) platform to easily integrate AI into business processes.
Ultimately, this elevated funding will allow Fractal Analytics to continue its mission of providing businesses with an enhanced decision-making process that is not dependent on manual data analysis or independent models but instead use powerful AI technology to make better predictions based on data-driven insights.
Who were the investors?
Fractal has raised funding from some of India’s top venture capital investors and Silicon Valley. The Series A funding round was led by Lightspeed India Partners, Vertigo Ventures and Falcon Edge Capital, with participation from Mayfield and Google’s AI-focused investment arm Gradient Ventures. Fractal is also backed by angel investors such as Vinod Khosla, K.V.Reddy, Professor Romesh Wadhwani (founder of Symphony Technologies) and other business leaders.
This Series A round of financing will enable the company to bring its core technology to a larger segment of global organisations and to roll-out new products, services and customer experiences built using Artificial Intelligence (AI) solutions. The funds will be used to increase the usage of AI across all industries through customer acquisition, scaling customer support operations and accelerating product development across its offerings, along with investing in research for new technology that can improve breakthroughs in machine learning algorithms for AI applications.
Fractal, a gaming Non-Fungible Token (NFT) platform, has recently raised $35M in funding. Founded by Twitch co-founder, Kevin Lin, Fractal offers a platform for developers and gamers to create, explore and monetize their gaming experiences.
The platform is creating a new model for game monetization that promises to be far more equitable and rewarding for developers, gamers and content creators. Going forward, Fractal has some ambitious plans for the future which we will discuss in this article.
What are the long-term goals for Fractal?
At Fractal, our vision is to be the global leader in data science and analytics solutions. We strive to help businesses become more efficient and competitive in the marketplace. Our long-term goal is to expand our presence as a leading provider of end-to-end data science consulting, technology, and research services worldwide.
We strive to provide expert advice on strategic decisions, advance analytics journeys with accurate data-driven insights, and provide access to advanced ML and AI tools that help clients transform their operations. In addition, our team prides itself in helping companies understand their customer base better and make quality investments that hardwire them for success in the future.
In addition, our experts also stay abreast of industry trends. This helps clients gain a competitive edge by leveraging cutting-edge technologies like open source ML platforms, AutoML tools such as H2O Driverless AI, cloud computing services such as Azure ML Studio & AWS Sagemaker etc.
Ultimately, our goal at Fractal is to empower businesses through quality decision making capabilities backed by accurate insights and personalised customer experiences. In addition, we are continually looking into a brighter future to provide innovative solutions tailored to the needs of an ever changing market landscape.
How will the new funding be used?
At Fractal, we aim to make data-driven decisions easier and more accessible for businesses. Our team is dedicated to making data science easier, faster, and better for everyone. With our recent round of funding, we’ve set out ambitious plans to change how people use data to power their decisions.
We will focus on growing our team of experts and building our technology infrastructure to provide better access to the tools businesses need to collect and apply information in meaningful ways. We plan to grow the platform’s capabilities to create ready-to-use components such as impact analysis, segmentation models and more that are optimised for the specific needs of each industry or business. Additionally, we plan on scaling our customer support services so that users can get timely help with one-on-one troubleshooting solutions tailored specifically for them.
As a part of this development process, we are also looking forward to expanding into additional industries such as healthcare/pharma and finance, among others, so that a wider range of businesses can benefit from accessible data science solutions. Plus, we want everyone – whether you’re new or an experienced user – to be able to use Fractal easily with enhanced tutorials from both within the platform and from external resources like webinars and articles.
By continuing to invest in Fractal’s technology infrastructure and customer success teams, we know that it will be easier than ever before for organisations of all sizes in every sector around the world access powerful tools across data collection/ingestion through analysis/insights/decisions — enabling companies of all sizes with practices up on par with large global organisations like Amazon or Google.
What new products are in the pipeline?
At Fractal, we are excited to keep pushing boundaries to provide our clients and users with the best possible experience. We continuously work to refine our current product portfolio and explore opportunities for new products in our core markets based on customer feedback and emerging technologies.
Currently, our development team is working on a suite of products that will bring new accuracy and flexibility to organisations seeking state-of-the-art data analysis solutions. The first product in this suite is a real-time stream processor that can consume big data from different sources to detect patterns and anomalies. This will enable customers to immediately detect developing situations before reaching a critical point which could impact their business operations or bottom lines.
The next product we plan to develop is an advanced analytics tool for optimising data pipelines, helping organisations use their energy and resources best. This product will enable users to quickly generate insights from their datasets with little effort by automatically recommending specific optimizations along the full analysis pipeline workflow, speeding up production cycles while improving accuracy significantly.
Finally, our team has been researching the use of deep learning models for anomaly detection in high volume datasets. Our research efforts are aimed at using deep learning algorithms and natural language processing methods to build automated systems capable of identifying complex patterns that may indicate potential risks or opportunities within large datasets without requiring any manual intervention from users or administrators.
Our talented engineers are excited about these projects, so look out for our advancements soon!
Twitch Co-Founder’s Solana Gaming NFT Platform Fractal Raises $35M
Solana Gaming’s NFT Platform, Fractal, has recently raised $35 million in funding. Built by Twitch Co-Founders, Kevin Lin, Justin Kan, and Michael Seibel, Fractal plans to create immutability, fraud prevention, scalability, and low costs in NFTs.
This section will explore what sets Fractal apart from other NFT platforms.
What makes Fractal unique in the gaming NFT space?
Fractal is a gaming platform built on the blockchain that brings new opportunities to developers and gamers. With content, collectibles and currencies, Fractal offers unique features that set it apart from other gaming projects in the non-fungible token (NFT) space.
For starters, Fractal is powered by the Ethereum blockchain which allows gamers and developers to verify each asset’s authenticity with absolute certainty — no more counterfeit or cloned game items.
Another defining characteristic of the Fractal platform is its ability to “interoperate,” meaning that developers can create content for any existing game within the same environment — ultimately reducing development time. This interoperability also acts as a bridge between different NFT communities by facilitating transfers of assets between different games and even different blockchain networks. This means that users will no longer be restricted to just one ecosystem but can explore many games simultaneously and move their accumulated assets from one game space to another.
Additionally, besides providing secure, decentralised storage of NFTs, Fractal introduces something they refer to as “cross-chain trading.” This feature allows users to transfer assets between different networks and swap currencies without going through a central exchange. Finally, unlike similar projects in the gaming NFT landscape (including Decentraland and Cryptovoxels) Spiral provides gamers with low gas fees allowing them access without scraping funds traditionally used for gaming purchases within other platforms.
The unique features offered by Fractal make it an exciting project worth keeping an eye on in 2021; from its interoperability functions among different blockchains to cross-chain trading capabilities—Fractal hopes this will be enough for both developers and gamers alike looking for more secure forms of data storage for their digital assets when playing games online.
What advantages does Fractal have over other platforms?
Fractal offers a unique approach to online marketplace engagement that is more equitable, transparent, and secure than traditional platforms. By connecting buyers and sellers directly with one another, Fractal ensures that all transactions are executed at a fair rate. This eliminates the uncertainty associated with the “middle man” model so commonly used in today’s marketplaces.
Fractal also features cutting-edge security protocols that keep personal and financial information safe from malicious actors and scams common on other platforms. In addition, with its built-in two-factor authentication process, customers can rest assured that their privacy is well maintained.
Aside from its security features, Fractal also provides an intuitive user interface, making finding what you need easy. For example, the system allows users to search for items by category or keyword with simple sorting options like price ranges, quantity discounts, and product rating. This helps customers quickly find what they’re looking for without wading through thousands of listings.
In addition to this current architecture of the platform, Fractal is expecting to move even further ahead of the competition with upcoming upgrades like blockchain integration which promises added verifiability of transactions as well as Smart Menu support which will make suggesting products easier while also helping merchants create dynamic ordering systems tailored towards consumer needs.
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