🎯 Description
Limit Break, a startup building web3 massively multiplayer online (MMO) games. raised $200 million over two rounds of venture funding.
The chair of mobile gaming firm Mino Games, Josh Buckley and investment firms Paradigm and Standard Crypto led the rounds, Limit Break wrote in a Twitter thread. Additional participants include FTX, Coinbase and Positive Sum.
Limit Break intends to incorporate web3 elements into the “free-to-play” gaming model. Free-to-play games are free upfront to play, and developers make money through ads or selling additional features for the game. The firm’s take on free-to-play is what they call “free-to-own,” in which users mint genesis non-fungible tokens (NFTs) for free. “These Genesis NFTs lead to other NFTs through airdrops and more, none of which involve gimmicky fundraising tactics,” Limit Break wrote.
📅 Launch Time (UTC)
TBA
🛠 Network
Multi-Chain
🧩 Sector
Gaming
‼️ Sale Details
- Exchange: TBA
- Token price: TBA
- Token type: TBA
🔗 Social Links
Website | Twitter
