Limit Break raised $200 million over two venture funding rounds led by the chairman of Mino Games, Paradigm and Standard Crypto.&nbsp;The firm incorporates NFTs into the “free-to-play” payment model for mobile games.Limit Break was founded in August of 2021.&nbsp;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.&nbsp;

Limit Break

Avail

Berachain

Reya Labs (Voltz)

BounceBit

Renzo Protocol

FTX Ventures

Paradigm

Coinbase Ventures

Standard Crypto

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