Limit Break

Limit Break raised $200 million over two venture funding rounds led by the chairman of Mino Games, Paradigm and Standard Crypto. The firm incorporates NFTs into the “free-to-play” payment model for mobile games. Limit Break was founded in August of 2021. Its name was inspired by the "Limit Break" combat sequence popularized in RPG games like the Final Fantasy series. Leydon, who broke into the gaming industry as a game tester in the 1990s, built Limit Break around his vision for fun, interactive Web 3 gaming, and seeks to fill a major void in that nascent space. 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.