Limit Break Raises $200 Million Dollars
08/29/22, 7:47 PM
Location
park cityMoney raised
$200 million
Industry
gaming
Limit Break Inc., a company founded by Gabriel Leydon and Halbert Nakagawa, announces it has raised $200 million dollars in investment capital from Buckley Ventures, Standard Crypto, and Paradigm Ventures.
Company Info
Location
park city, utah, united states
Additional Info
According to Leydon, the few "Play-to-Earn" games that achieve some success inevitably morph from "Play-to-Earn" to "Play-to-Sell" as player-investors crash markets and dump the increasingly worthless NFTs and cryptocurrencies that once held these carefully contrived economies together.With its DigiDaigaku launch, Limit Break plans to introduce a new model called "Free-to-Own" that will replace both the "Play-to-Earn" and "Free-to-Play".Limit Break was founded in August of 2021.