In the latest step on its journey to empower game creators and democratise game development using decentralised technology, the Fragnova Foundation has released its development roadmap to the end of 2023 and its planned full launch of the Fragnova marketplace.
Founded in 2021, the Fragnova Foundation is a Singapore-based non-profit organisation aiming to bring a more decentralised, creator-centric approach to game development.
As outlined in its recently published roadmap, the Foundation’s ambition is for game revenues to be distributed more equitably to those who work on them, which it hopes to achieve through the creation of a decentralised gaming ecosystem underpinned by blockchain technology.
The inclusion of the blockchain element, which is becoming an increasingly common feature among many of the latest gaming systems, means game developers and players will be able to sell game assets, like 3D models or fully functioning games, with the usage of their creations automatically recorded on the Foundation’s own blockchain to assert ownership, due royalties and licensing rights.
The marketplace is made up of the ‘Gamer Store’, aimed at gamers and consisting of in-game items or playable experiences, and the ‘Creator Store’, a marketplace for developers filled with assets like 3D models, scripts and audio.
Every item uploaded to Fragnova can be ‘detached’ from the Fragnova chain and migrated into many other chains, like Ethereum for example, which will allow creators to sell and trade items on any possible platform, and the data linked to each item is permanently stored on the Fragnova chain.
Another key element of the company’s planned ecosystem is ‘Claymore’, a game engine also built using decentralised technologies. Compared with incumbents like EPIC or Unity, Claymore is unique as it ties in with the Fragnova gamer store, allowing developers to mint their creations to the marketplace.
The company is developing several games with the Fragnova Network as a proof of concept, including Ambal Duels, an RPG-inspired digital card game, and Rythym Run, a 2D side-scrolling multiplayer run-and-gun game where players attack by using rhythm; with planned alpha’s for both games in Q2 2023 and Q3 2022 respectively.
The roadmap’s release comes in the wake of the company securing $3million in its second round of its $FRAG token pre-sale, increasing the amount invested in Fragnova to date to $5.6million from companies including Animoca Brands, Lemniscap and Hof Capital.
“I hope the roadmap serves as a statement of intent for Fragnova’s mission. We’re building momentum, and when these different elements come together, we want to disrupt the long-held status quo in the gaming industry, develop a create-to-earn economy, and give power back to developers who have too often got a raw deal for their work,” comments Giovanni Petrantoni, president and founder of Fragnova.
“NFTs and crypto have given blockchain technology a bad reputation in recent years, but since the bubble burst, I believe we’re now coming to a stage where people will be able to see the true value it will bring to the industry.”