Skip to content Skip to sidebar Skip to footer

The global crypto market cap is $ with a 24-hour volume of $. The price of Bitcoin is $19,970.37 and BTC market dominance is %. The price of Ethereum is $1,547.58 and ETH market dominance is %. The best performing cryptoasset sector is Terra Eco, which gained 8%.
The Right Place to Buy, Earn, Exchange and Borrow against Your Crypto.
Limit Break employs a “free-to-own” model as it plans to give away its NFTs for free.
Cover art/illustration via CryptoSlate
The floor price of Limit Break free mint NFT DigiDaigaku rose to 15.67 ETH after news emerged that its parent company raised $200 million in two funding rounds, according to nftgo data.
According to the data, the 24-hour trading volume of the collection spiked by over 400% to reach around $4 million. Apart from that, its market cap also increased by 130% to reach $48 million.
Limit Break, a Web3 gaming startup focused on building massively multiplayer online (MMO) games, raised $200 million in two funding rounds.
The company announced this on August 29, revealing that Josh Buckley, Paradigm, and Standard Crypto led the funding rounds.
Other round investors include Coinbase, FTX, Anthos Capital, and Positive Sum.
The gaming startup was founded by Gabe Lydon and Halbert Nakagawa, who were both previously at Machine Zone.
According to available information, the game employs a “free-to-own” model as it plans to give away its NFTs for free.
Limit Break would generate income via other gaming features, and through its plan to sell some NFTs once its fans start selling theirs on OpenSea.
According to Lyndon, the move to make the game free to play is to eliminate scam-like actions such as companies pre-selling NFTs and not delivering on the game.
While most crypto games generate revenue by selling NFTs and other access to the game first, Lyndon believes that giving the NFTs for free will generate more interest and build a strong community for the game.
Free-to-play is already a popular model in the mainstream gaming sector, where it generated billions in annual revenue. But it represents a novel approach in the crypto space.
Oluwapelumi is a believer in the transformative power Bitcoin and the blockchain industry holds.
Become a member of CryptoSlate Edge and access our exclusive Discord community, more exclusive content and analysis.
Disclaimer: Our writers’ opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.
Coinbase Global, Inc, branded Coinbase, is an American publicly traded company that operates a cryptocurrency exchange platform. Learn More
FTX is a cryptocurrency derivatives exchange built by traders, for traders. Learn More
Paradigm is a crypto-focused investment firm based in San Francisco. Learn More
Bitcoin price fell almost 5% after Federal Reserve’s chairman Jerome Powell said it will take a while before the inflation is stabilized.
Exchange Net Position Change charts for Bitcoin and Ethereum show contrasting activity, pointing to bullish investor sentiment towards BTC, over ETH.
Hetzner said that using its hosting services for any crypto-related application, including PoW mining and staking, is not permitted. The company’s servers host 16% of Ethereum Mainnet nodes.
LUNA Classic developers have introduced high yield staking rewards and token burns in a bid to bring investors back.
Got a story tip? Email [email protected]
Disclaimer: By using this website, you agree to our Terms and Conditions and Privacy Policy. CryptoSlate has no affiliation or relationship with any coin, business, project or event unless explicitly stated otherwise. CryptoSlate is only an informational website that provides news about coins, blockchain companies, blockchain products and blockchain events. None of the information you read on CryptoSlate should be taken as investment advice. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own diligence before making any investment decisions. CryptoSlate is not accountable, directly or indirectly, for any damage or loss incurred, alleged or otherwise, in connection to the use or reliance of any content you read on the site.
© 2022 CryptoSlate. All rights reserved. Terms | Privacy

Please add [email protected] to your email whitelist.
Stay connected via


Leave a comment