{"id":66460,"date":"2022-08-30T09:09:12","date_gmt":"2022-08-30T06:09:12","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=66460"},"modified":"2025-09-07T01:25:18","modified_gmt":"2025-09-06T22:25:18","slug":"mobile-game-developer-limit-break-raises-200-million-to-implement-nfts","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/mobile-game-developer-limit-break-raises-200-million-to-implement-nfts\/","title":{"rendered":"Mobile-game developer Limit Break raises $200 million to implement NFTs"},"content":{"rendered":"<p>The Limit Break studio raised $200 million over two investment rounds. The team plans to incorporate Web3 elements into the model <span data-descr=\"Free-to-Play (F2P) projects that do not require upfront investments \u2014 you can start playing right away.\" class=\"old_tooltip\">Free-to-Play (F2P)<\/span> multiplayer online games for mobile devices.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udea8\ud83d\udea8\ud83d\udea8Limit Break is excited to announce that we have raised TWO HUNDRED MILLION DOLLARS ($200,000,000) over two rounds to build Web 3 MMO games. These rounds were led by <a href=\"https:\/\/twitter.com\/joshbuckley?ref_src=twsrc%5Etfw\">@joshbuckley<\/a>, <a href=\"https:\/\/twitter.com\/paradigm?ref_src=twsrc%5Etfw\">@paradigm<\/a>, &amp; <a href=\"https:\/\/twitter.com\/standardcrypto?ref_src=twsrc%5Etfw\">@standardcrypto<\/a> \ud83e\udd73<\/p>\n<p>\u2014 Limit Break (@limitbreak) <a href=\"https:\/\/twitter.com\/limitbreak\/status\/1564240941690798081?ref_src=twsrc%5Etfw\">August 29, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The rounds were led by Paradigm, Standard Crypto, and Mino Games CEO Josh Buckley. The funds were also provided by FTX, Coinbase, and Positive Sum.\u00a0\u00a0<\/p>\n<p>With Web3, the startup plans to transform F2P into Free-to-Own. It envisions users being able to mint genesis NFTs for free.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cGenesis NFTs lead to other non-fungible tokens through <a href=\\\"https:\/\/forklog.news\/cryptorium\/chto-takoe-airdrop-kriptovalyut\/\\\"><em>airdrops<\/em><\/a> and other methods. None of them is a clever tactic for raising funds,\u201d<\/em> \u2014 the statement said.<\/p>\n<\/blockquote>\n<p>Limit Break was founded by former CEO and CTO of Machine Zone Gabriel Leydon and Halbert Nakagawa. The studio is known for bestsellers such as Game of War, Mobile Strike and Final Fantasy: XV.<\/p>\n<p>As noted by DappRadar, <a href=\"https:\/\/forklog.news\/cryptorium\/chto-takoe-gamefi\/\">GameFi<\/a> and <a href=\"https:\/\/forklog.news\/cryptorium\/chto-takoe-metavselennaya\/\">metaverses<\/a> showed the strongest momentum in the second quarter in bear market conditions.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our Telegram \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Limit Break studio raised $200 million over two investment rounds. The team plans to incorporate Web3 elements into the Free-to-Play (F2P) multiplayer online games model for mobile devices.<\/p>\n","protected":false},"author":1,"featured_media":66461,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1155,1133],"class_list":["post-66460","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-games-and-gamefi","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/66460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=66460"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/66460\/revisions"}],"predecessor-version":[{"id":66462,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/66460\/revisions\/66462"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/66461"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=66460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=66460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=66460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}