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Limit Break enhances its NFT creator-first protocols

 

 

 

Having launched its ERC721C standard, game developer Limit Break has now made its Creator Token Standard 4.0 and Payment Processor 3.0 permissionless for deployment on any EVM chain and from any wallet.

 

With this, the company has instigated what it calls a “permanent shift”, in turning the web3 sector creator-first. Essentially, Limit Break’s upgraded on-chain protocol puts NFT creators fully in control of royalties as well as the business uses of their assets. 

 

By applying its Creator Token Standard 4.0, creators can now block transfers of their NFTs and freeze accounts, as well as enforce royalties and set a minimum/maximum pricing standard and KYC requirements.

 

As for its Payment Processor 3.0, it enables bulk order signing of up to 1,024 orders from a single signature, adaptive protocol fees, as well as various UX features relating to gas fee and use of wrapped tokens.

 

First launching its DigiDaigaku Genesis NFTs in 2022, Limit Break then proceeded with developing a new concept of fixed floor pricing, which could be used to enforce a minimum trading price for rare game items. Due to some NFT marketplaces opting out of enforcing royalties, the company developed similar tech for in-game NFTs. Realising that was not enough however, it also built a functional prototype Payment Processor (V1), which was followed by the more gas efficient Payment Processor (V2). Today, major marketplaces such as Magic Eden and OpenSea have adopted these standards.

 

Next up, Limit Break says it will extend these concepts to tokens with its ERC20C protocol.

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