Two years after its original DigiDaigaku NFT mint, web3 gaming company Limit Break has posted an anniversary update including the future of its much anticipated mobile game.
As a reminder, just as the NFT market ended its 2022 boom times, ex-Machine Zone CEO Gabe Leydon’s web3 startup Limit Break announced its $200 million funding round and the launch of its DigiDaigaku NFT collection.Â
But what has Limit Break been doing since?
Notably, it claims its on-chain royalty standard ERC721C has been adopted by 75% of new NFT collections, with over 97,000 collections and 110 million NFTs using it. It’s also ensured over $8 million of creator royalties have been paid by traders to creators in the past six months.
The lack of such tech combined with the rise of the Blur marketplace was a big reason why the NFT ecosystem collapsed as creators suddenly stopped being able to generate revenue from trading.
Additionally, the 721C standard has been adopted by 51% of all first time traded NFT collections, spanning across eight EVM chains including Ethereum, Polygon, Arbitrum, Optimism, BNB, Base, Avalanche, and Sei. NFT platforms like Magic Eden and OpenSea have also adopted the protocol.
In terms of the DigiDaigaku game, many would argue that more was promised than what has been delivered. Limit Break states however that it’s got a “small international army of developers working hard to get our first mobile game to beta”.Â
As a result of the news, the floor price of DigiDaigaku Genesis NFTs rose to $20,000, up 285%, although at time of writing, none has yet been sold at the new higher floor price.
Lastly, the company says it’s working on upgrading the Payment Processor V3 with ERC20C support and an associated ERC20C token launcher.
“The team’s achievements in such a short time are truly remarkable. While Limit Break’s first mobile game is still in development, many web3-related products are on the horizon, including ERC20C and an updated Payment Processor, which have the potential to revolutionize tokens just as Limit Break has with NFTs,” commented Leydon in a post on X.
