According to an announcement from Limit Break on August 29, Josh Buckley, Paradigm, and Standard Crypto led the funding rounds. In addition, there are FTX, Coinbase, and Positive Sum participation.
Limit Break was founded by Gabriel Leydon and Halbert Nakagawa, the former CEO and CTO of the game company Machine Zone, best known for the Game of War, Mobile Strike, and Final Fantasy: XV games.
With the capital raised, the project will incorporate Web3 elements into its “Free-to-Play” gaming model. Developers make money through ads or game extras. However, Limit Break will free NFT mint for investors, thereby calling this model “Free-to-Own” other products and NFTs in the future will be airdropped to NFT Genesis holders.
Ahead of the $200 million fundraising news, the NFT DigiDaigaku collection took a new hit. As of press time, the floor price of NFT has increased by 102.7% and is currently priced at 15 ETH/NFT. The 24-hour trading volume has increased by 440%, reaching $4.4 million.
The blockchain mobile gaming space is still receiving significant attention amid the reigning crypto winter; the event of Limit Break is proving that investors are still interested in the metaverse and GameFi sectors.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Harold
CoinCu News
zkSync developers have provided updates regarding the zkSync Era Sepolia testnet, aiming for full restoration…
Two long-dormant Bitcoin wallets, identified as "16vRqA" and "1DUJuH," have suddenly sprung to life after…
999 bitcoins (BTC) valued at approximately $60,853,459 were transferred from the cryptocurrency exchange Huobi to…
Schiff anticipates an explosive rise Bitcoin ETFs in gold and silver prices, emphasizing their potential…
The NFT transaction volume on the Bitcoin chain totaled approximately US$49.6 million, reflecting a 10.58%…
Bitcoin Asia conference in Hong Kong made waves in the cryptocurrency community, drawing in an…
This website uses cookies.