Limit Break Inc. was founded by Gabriel Leydon and Halbert Nakagawa. They have just announced a $200 million dollar investment from Buckley Ventures, Standard Crypto, Paradigm Ventures, FTX, CoinBase Ventures, Shervin Pishevar, Anthos Capital, and SV Angel.
Limit Break was founded in August of 2021. Its name was inspired by the “Limit Break” combat sequence popularized in RPG games like the Final Fantasy series. Gabe Leydon was a pioneer of free-to-play mobile games at Machine Zone, which was sold for $600 million in 2020 to AppLovin. Leydon left Game of War maker Machine Zone in 2018 to explore cryptocurrencies. In August 2021 he teamed up with his Machine Zone cofounder Halbert Nakagawa to create a game with a new kind of blockchain-based business model named “free-to-own.”
Gabe Leydon stated in a press release: “Our focus is on what I believe is going to replace ‘free-to-play’ with something I call ‘free-to-own’ games.”
