• Contact Us
  • Affiliate Disclosure
  • Privacy Policy
  • Terms of Use
  • DMCA
Friday, February 3, 2023
WongaNews.com
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading
No Result
View All Result
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading
No Result
View All Result
WongaNews.com
No Result
View All Result

Limit Break’s DigiDaigaku NFT collection rises by over 100% as firm raises $200m

August 29, 2022
in Altcoins
Reading Time: 2 mins read
A A
ShareShareShareShareShare

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 raises $200 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.

Get an Edge on the Crypto Market 👇

Become a member of CryptoSlate Edge and access our exclusive Discord community, more exclusive content and analysis.

On-chain analysis

Price snapshots

More context

Join now for $19/month Explore all benefits

Credit: Source link

Related articles

Kraken closes Abu Dhabi office; Bithumb owner arrested

February 2, 2023

SBF wins Texas case alleging violations of securities laws via FTX offerings

February 2, 2023
ShareTweetSendPinShare
Previous Post

Kylin network wins parachain auction 25 on Polkadot

Next Post

Cardano Surpasses Bitcoin In Global Ranking For Intimate Brands

Related Posts

Kraken closes Abu Dhabi office; Bithumb owner arrested

February 2, 2023

The biggest news in the cryptoverse for Feb. 2 saw Kraken announce the closure of its Abu Dhabi office. Meanwhile,...

SBF wins Texas case alleging violations of securities laws via FTX offerings

February 2, 2023

Former FTX CEO Sam Bankman-Fried gained an early victory in a case concerning Texas securities laws, according to Bloomberg News...

Asia, EU, US are bullish on Bitcoin, Ethereum

February 2, 2023

Glassnode data analyzed by CryptoSlate analysts shows that Asia, the U.S., and the EU have been bullish on Bitcoin (BTC)...

Charlie Munger calls on US to join China in banning crypto

February 2, 2023

Warren Buffett’s business partner Charlie Munger has proposed that the United States should follow in the steps of China to...

Render token up 17% after DAO approves burn & mint mechanism

February 2, 2023

Render Network announced that it has received governance approval to implement a burn and mint equilibrium (BME) mechanism for its...

Load More
Next Post

Cardano Surpasses Bitcoin In Global Ranking For Intimate Brands

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

ETHDenver Primer: What You Can Expect From Ethereum’s Largest Annual Conference

January 13, 2023

Sorare secures NFT licensing deal with English Premier League

January 31, 2023

Rep. French Hill on Crypto Regulation Outlook | Video

January 26, 2023

About Us

Wonga News is an online news portal that aims to provide the latest crypto news, blockchain, regulations, and much more stuff like that around the world. We promise to share only high quality content from the world's best crypto sources. Feel free to get in touch with us!

What’s New Here!

  • Kraken closes Abu Dhabi office; Bithumb owner arrested
  • Defiance ETFs to Close NFTZ ETF After Just 13 Months
  • Bitcoin Price Heading Back Towards $24,000 – Did Wednesday’s Liquidity Grab Give It The Boost It Needed?

Newsletter

Loading
  • Contact Us
  • Affiliate Disclosure
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2022 WongaNews.com - All Rights Reserved!

No Result
View All Result
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading

© 2022 - WongaNews.com - All Rights Reserved!

  • bitcoinBitcoin(BTC)$23,595.00-2.09%
  • ethereumEthereum(ETH)$1,650.40-1.88%
  • USDEXUSDEX(USDEX)$1.07-0.47%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$327.581.96%
  • usd-coinUSD Coin(USDC)$1.00-0.24%
  • rippleXRP(XRP)$0.411764-0.85%
  • binance-usdBinance USD(BUSD)$1.000.09%
  • cardanoCardano(ADA)$0.401714-0.31%
  • dogecoinDogecoin(DOGE)$0.091733-4.03%
  • matic-networkPolygon(MATIC)$1.19-3.43%
  • okbOKB(OKB)$39.67-1.07%
  • solanaSolana(SOL)$24.41-4.46%
  • staked-etherLido Staked Ether(STETH)$1,645.10-1.99%
  • polkadotPolkadot(DOT)$6.580.38%
  • shiba-inuShiba Inu(SHIB)$0.0000121.19%
  • litecoinLitecoin(LTC)$99.64-1.72%
  • avalanche-2Avalanche(AVAX)$21.30-1.01%
  • tronTRON(TRX)$0.0644070.80%
  • uniswapUniswap(UNI)$7.264.17%
  • daiDai(DAI)$1.000.07%
  • cosmosCosmos Hub(ATOM)$14.54-2.83%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$23,608.00-2.08%
  • chainlinkChainlink(LINK)$7.15-2.11%
  • ToncoinToncoin(TON)$2.38-1.62%
  • ethereum-classicEthereum Classic(ETC)$22.981.29%
  • moneroMonero(XMR)$174.41-2.92%
  • leo-tokenLEO Token(LEO)$3.360.02%
  • AptosAptos(APT)$16.90-7.81%
  • bitcoin-cashBitcoin Cash(BCH)$138.690.64%
  • Aerarium FiAerarium Fi(AERA)$7.12-13.06%
  • stellarStellar(XLM)$0.092408-0.82%
  • apecoinApeCoin(APE)$5.87-4.15%
  • quant-networkQuant(QNT)$145.30-3.32%
  • nearNEAR Protocol(NEAR)$2.45-0.91%
  • filecoinFilecoin(FIL)$5.52-4.15%
  • crypto-com-chainCronos(CRO)$0.080778-1.60%
  • lido-daoLido DAO(LDO)$2.23-5.06%
  • algorandAlgorand(ALGO)$0.2586840.56%
  • hedera-hashgraphHedera(HBAR)$0.068150-2.56%
  • vechainVeChain(VET)$0.024457-2.20%
  • fantomFantom(FTM)$0.614.99%
  • internet-computerInternet Computer(ICP)$5.83-3.78%
  • decentralandDecentraland(MANA)$0.79-2.81%
  • axie-infinityAxie Infinity(AXS)$11.25-2.03%
  • aaveAave(AAVE)$88.89-3.13%
  • the-sandboxThe Sandbox(SAND)$0.76-2.35%
  • eosEOS(EOS)$1.08-1.42%
  • flowFlow(FLOW)$1.13-1.15%
  • elrond-erd-2MultiversX(EGLD)$44.920.62%