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Limit Break acquires FreeNFT to grow its NFT ecosystem

Limit Break, a blockchain-based gaming company and one of the leading players in the free-to-own online gaming sector, has announced the acquisition of FreeNFT. The latter is a non-fungible token (NFT) company targeting collectors in California. The acquisition deal is slated to close by the end of this month.

Limit Break to acquire FreeNFT

According to the official press release, Limit Break said this acquisition would enable the company to grow its NFT ecosystem and bring Web3 technology into a new space. The acquisition will allow collectors to access free NFTs. Additionally, developers will get a chance to access a promotional tool they can use later to release their free NFTs.

Limit Break recognizes NFTs as tools developers can use to engage and connect with global audiences. Limit Break offers the free distribution and promotion of NFTs that will support the sector’s growth. The initiative will enable NFT developers to access a broader audience and showcase creativity.

FreeNFT is a company that was founded towards the end of last year. The company deals in promoting NFTs that support community growth. The company has brought Web3 gaming and NFTs to its global audience while limiting the use of bots. It also features custom whitelists while conducting deep analytics to guarantee the integrity of the audience.

The CEO of Limit Break, Gabe Leydon, noted that this acquisition would result in the most rewarding NFT distribution platform globally. The executive noted that the Limit Break team wanted to create a more engaged and vibrant NFT community that supports innovation and creativity.

“This launchpad will give developers the opportunity to showcase their talents and reach a broader audience, while collectors enjoy the benefits of being a part of the growing Free-to-Own ecosystem Limit Break sparked with its DigiDaigaku collection last summer,” Leydon said.

Limit Break gains a solid presence in the NFT sector

Limit Break is fast gaining popularity in the NFT sector. The company announced a giveaway in a Super Bowl commercial that appeared last month. The commercial brought the DigiDaigaku NFT collection to the spotlight. The company is now focused on offering a platform where users can give their NFTs away for free, lowering risks and increasing awareness.

Limit Break is a company founded in 2021, aiming to transform the gaming and NFT industries. The company uses a free-to-play gaming model to give away NFTs, as it did during the Super Bowl commercial. The NRFT giveaway completed last month was a notable success for the company as there were no major challenges such as hacks, bot attacks or website crashes. Limit Break closed a $200 million funding round in August 2022.

Leydon is set to become one of the renowned players in the NFT sector. The Limit Break CEO mainly promotes NFT giveaways on Twitter. The CEO of FreeNFT, Igor Lenterman also uses a similar marketing model.

Ali Raza

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