Limit Break, the parent company of the NFT project DigiDaigaku, has completed two rounds of financing totaling $200 million. The two rounds of financing were led by Josh Buckley, Paradigm, and Standard Crypto. Participating investors include FTX, Coinbase, Positive Sum, Shervinator, and Anthos Capital. The financing will be used to develop the Web3 MMO game. Limit Break stated that the newly developed game will introduce the Free to Own (F2O) game model with reference to the traditional free game model, and the new NFT will be distributed based on airdrops and other methods carried out by Genesis NFT, and will not involve various fundraising strategies.
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