Latest DigiDaigaku News
Limit Break CEO Gabriel Leydon announced the introduction of creator token contracts as a solution for enforceable on-chain royalties and programmable royalty contracts.
❗ Why It Matters
Projects can utilize the Creator Token Contract, ERC721-C, to control the transfer of NFTs between wallets, and it's designed to enforce royalties and ensure NFT creators are paid for their work.
ERC721-C eliminates workarounds and makes on-chain royalties enforceable through the use of transfer security policies that allow creators to decide how permissive token transfers are for their own collections, which will open the door to new forms of royalties that can reward both creators, communities, partners, and affiliates.
The Details
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Limit Break is open-sourcing a new augmentation to the ERC721 standard, ERC721-C (C for Creator).
- Programmable royalties contract V1.1: On-chain royalty settings on a per NFT basis capable of programmable payments, splits, derivatives, and more. For example, the original minter of an NFT could theoretically receive 100% of the royalties from that individual NFT in perpetuity.
- Smart contract whitelisting options and capabilities: Developers have the option to control which smart contracts can interact with the NFT. This will allow developers to permanently block any exchange or smart contract so that there are no workarounds.
- Creator Token Contracts are compatible with various token types, including ERC721, ERC721-A, AdventureERC-721, and ERC1155.
- Limit Break open-sourced the Adventure ERC721 standard for community use, which offers hard and soft staking mechanics and parallel questing. Staking rules are implemented in one or more external adventure contracts for increased flexibility.
- Gabe added the disclaimer that Limit Break hasn't determined how it plans to use ERC721-C for its own NFT collections yet.
🎤 Founder Feedback
9/ Please note that while Limit Break is excited about the potential of the Creator Token Contracts and how they can transform the NFT ecosystem, we have not yet determined how we plan to use ERC721-C contracts within our own NFT collection. ✌🏻
— Gabriel Leydon (FREE,OWN) (@gabrielleydon) May 9, 2023
🎬 Take Action
- Join Gabe later today on Twitter Spaces at 7:30 p.m. ET for the ERC721-C Programmable Royalties Discussion.
- Visit Limit Break's repository to learn about proper testing and integration into your platform with comprehensive guides and examples.
- Reach out to blockchain@limitbreak.com with suggestions and feedback.
🧠 Learn More
- Limit Break Medium - Introducing ERC721-C: A New Standard for Enforceable On-Chain Programmable Royalties
- Limit Break Changing Royalty Game (January 10, 2023)
- Gabriel Leydon Teases 'Community Royalties' Coming in January (December 14, 2022)
DigiDaigaku Bitcoin Ordinals are coming soon, according to @DigiDaigaku's tweet yesterday.
The Details
- Snapshot to be taken on Monday, May 1st, of the Ethereum blockchain on block 17164466
- If you have a DigiDaigaku Genesis at that time, you will be eligible for a free Chibi BTC version of your Digi.
❗ Why It Matters
DigiDaigaku's Chibi Genesis collection will be Limit Break's first foray into the world of Bitcoin Ordinals, and other projects will consider following a similar blueprint if this new collection on Bitcoin turns out to be a success.
The Genesis collection isn't cheap and holds a 3.77 ETH floor price at the time of writing, but it's a nice development for Genesis holders that they can receive a Chibi Bitcoin Ordinal for free.
🎬 Take Action
- If you hold a DigiDaigaku Genesis, the ETH snapshot will occur at approximately 3:00 a.m. ET on
- Make sure your Genesis is in a hot wallet, not a multi-sig wallet like Safe (previously known as Gnosis Safe).
- If it is in a smart contract wallet like Gnosis, the recommendation is to delegate to a hot wallet using delegate.cash. If you don’t, then ownership can't be verified, and you won’t receive your Ordinal.
🎤 Founder Feedback
Who's ready for Chibi's ❤️ pic.twitter.com/UWtt9MGjS1
— DigiDaigaku (@DigiDaigaku) April 29, 2023
🔜 What’s Next?
🕳️ Go Deeper
DigiDaigaku Dragon Eggs, a collection that was dropped by Limit Break during Super Bowl LVII, have begun transforming, the team announced via Twitter this afternoon.
🔎The Details
The Dragon Eggs become Baby Dragons, which come in one of eight types: Terra, Arctic, Lightning, Astro, Fire, Luna, Sea, Sky, Spirit and Forest. Upon revealing a Baby Dragon, the corresponding Dragon Egg NFT will be burned. On the news, the collection's floor price is up nearly 9% on Blur, currently 0.09 ETH at the time of writing.
⚡ Take Action
To reveal a Dragon Egg, holders can follow these steps:
- Head to https://digidaigaku.com/quests and connect your wallet.
- Click "Start Quest."
- Once your Dragon Eggs appear, click on them one-by-one to reveal individually, or more multiple into your cart for a bulk reveal. If you have more than one Egg, revealing in bulk is encouraged to reduce gas fees.
- Follow the MetaMask prompts and click "Reveal."
🎤 Founder Feedback
Your Baby Dragons have arrived! Go check yours out! They're so cute!!! Great job on the designs @illosbyhoon. Will you use your Dragon Essence to make a Giant Dragon? The choice arrives soon!Gabriel Leydon
DigiDaigaku completed one half of its Dragon Eggs airdrop, according to a tweet from the project.
The Deets
- DigiDragon Eggs is the NFT collection that was minted during DigiDaigaku's Super Bowl ad.
- The collection boasts 10,000 Dragon Eggs in ten different species.
- 2,500 Dragon Eggs remain.
❗Why It Matters
The DigiDragons Eggs collection was widely promoted as "an exclusive" and important NFT in the Digi ecosystem by founder Gabriel Leydon...yet, many felt the Super Bowl commercial in which the collection was born was a total flop. The floor price has decreased approximately 73 percent since the release and the project continues to farm engagement as a means for gaining allowlist registrations. Many regard the tactics as inauthentic, perhaps damaging the once lauded DigiDaigaku brand.
📊 By the Numbers
After jumping out to an early 0.39 ETH floor during the Super Bowl, the DigiDragon Eggs collection now holds a floor price of 0.069 ETH.
🎬 Take Action
There is still time to register for the final allowlist drop, which contains 2,500 Dragon Eggs, the final remnants of the colleciton.
🧠 Learn More
Gabe Leydon announced today that Limit Break has acquired FreeNFT, a platform for free NFTs.
❗ Why It Matters
While DigiDaigaku's Super Bowl commercial fell flat, Gabe Leydon believes that FreeNFT's platform will be integral to onboarding the next billion users to web3.
🎤 Founder Feedback
3/ The success of communities launched with FreeNFT proves beyond doubt that NFTs have transformed the way developers engage and connect with their audiences.
— Gabriel Leydon (FREE,OWN) (@gabrielleydon) March 14, 2023
FreeNFT makes it possible for developers to unlock the power of NFTs with zero barriers to entry for users.
What It Means
- FreeNFT will still be free for developers to launch with. And in addition to marketing and content creation assistance, Gabe says that they will "now offer smart contract services - writing contracts, hosting the mint, and integrating AdventureERC721 & programmable royalty solutions."
- FreeNFT.com has also been acquired to make FreeNFT a legitimate brand for new users.
🔜 What’s Next?
- The FreeNFT brand's NFT collections will still have access to the type of whitelist spots they had before the acquisition.
- DigiDaigaku Genesis, Hero, Villains, and Dragons holders will have opportunities to participate in FreeNFT launches.
🎬 Take Action
Those interested in learning more should listen to the FREE NFT x LIMIT BREAK spaces later today at 8:00 PM ET.
🎤 Community Quotes
Limit Break CEO Gabriel Leydon sounded the alarm this morning for Dragon Essence claims, which are expected to begin this week, according to Leydon.
❗ Why it Matters
Essence can be used to evolve Dragons into more powerful forms. DigiDragon Eggs was the collection Limit Break dropped during its Super Bowl ad last month.
🔍 The Deets
- Essence will be distributed to holders of Genesis, Heroes and Super Villian NFTs within the DigiDaigaku ecosystem.
- Super Villains will get "Good" Essence, Heroes will get "Better" Essence while Genesis holders will receive the "Best" Essence.
- Preview what Essence may look like in Leydon's tweet.
🕳️ Go Deeper
Welcome to the Weekly NFT Roundtable, where members of the Lucky Trader team weigh in on some of the most pressing questions, news, and events in the web3 space.
The commentary below is purely opinion —not financial advice!
Recommended Reading:
- Will the $BLUR airdrop save NFTs? | BLUR Sets the Stage
- Braindrops Surges
- DigiDaigaku Commercial: Boom or Bust?
Blurred Lines 💸
Question 1: All eyes were on Tuesday’s launch of the $BLUR token, after months of airdrops and reward farming. Are you feeling Blurish or Bearish on the token, and what do you think the impact will be on the broader space?
Jason: Putting more disposable buying power in the hands of the top NFT traders is likely bullish for the space short-term, but I’m definitely not “blurish.” The token price continues to trend lower, and the airdrop farming stops eventually, even with additional ponz… I mean seasons. The total supply of BLUR is 3 billion, and only 360 million is currently out in the circulating supply. Farm away, but don’t get caught without a seat when the music stops. Long-term the smart traders will cash out their airdrops or trade for “blue chips” like CryptoPunks and Bored Apes.
Logie: I’m so lame, so I’m going to abstain from providing a take on token price. I literally have no clue where the price is going. But overall, I am blurrish on $BLUR’s impact on web3. This rollout, and the continued success of Blur should only continue to push the other brands in the space to 1) better align user incentives and 2) provide better experiences.
While we’ve been begging for others to challenge OpenSea’s monopoly on trading for a while, and some have tried and probably failed (sorry, LooksRare), it finally feels like Rocky finally stepped into the ring. I understand the irony of referencing Rocky, a fictional American fighter, on the heels of the airdropping of magical internet money that was not claimable for Americans.
Ghost: I am very Blurish! While I think some may look at this as another random airdrop, a few notable differences here:
- Other examples of NFT coin airdrops (LOOKS, SOS, X2Y2) dropped the coin first and then hoped a community would build. Blur built a platform that is actually the preferred destination for a lot of traders... Then rewarded their activity and loyalty.
- BLUR has an idea map, which includes some very interesting potential future implementations. This isn’t just your average shitcoin with zero utility — like $APE, I think there is more than meets the eye. Plus, if BLUR continues to gain market share and becomes the premier destination to trade NFTs, will institutions see this coin as a way to gain exposure to the NFT market as a whole?
Tyler: I am max Blurish! Piggybacking on what Ghost said, Blur is not Looks or X2Y2. People actually choose to trade on Blur over the competitors - I know I do. They have Zeneca running the Foundation now and as an advisor, Pacman is super sharp, and they clearly have a lot in the pipeline. My current take is the token trades more like $APE than $LOOKS.
With that said, I’m not quite as bullish on the NFT market action sustaining. We got the immediate 20%-30% bump right out of the gate, but now we’re just back to where we were a few weeks ago. We need to see some big announcements, innovations, etc., especially out of the PFP sector, to avoid a slow bleed out in the weeks to come.
Reign of the Brain 🧠
Question 2: AI-generated art platform Braindrops is having a moment. On the heels of the massive success of artist Roope Rainisto’s “Life in West America,” the platform’s older collections have surged, led by Claire Silver’s genesis at an 11 ETH floor. Is this a flash in the pan, or is AI-generated art here to stay, and will Braindrops emerge as the ‘Art Blocks’ of that sector?
Jason: I have no idea, but I hope Braindrops continues to succeed in this space. Justin Trimble seems like a nice person, and the platform has been around and done a lot of good for artists. It’s nice to see the uptick in attention and trading volume. If I’m trading it, I’ll just tail Tyler.
Logie: I think AI art is here to stay, but I’m not certain I’m ready to deem Braindrops the “Art Blocks” of that sector. Claire Silver has been leading the AI charge for quite some time and her connection to Braindrops (in conjunction with the success of Rainisto’s drop) may just be a happy confluence of events. Throw in the Blur stimulus, and money finds momentum. Unlike Art Blocks, Braindrops has provided incentives to full set “day one” holders, which may help create a “floor” for notable collections, but I wouldn’t be blindly buying assuming we’re hitting an Art Blocks Summer-like event.
Ghost: This run is painful for me, as I was extremely early into Braindrops and basically tax-loss harvested all of them during the bear market. I am a big fan of AI, and while I think many are generally dismissive of the PFP-type AI projects that we’ve seen put on the market, curated drops from established artists show off their true potential. And Braindrops has done a great job of leading the way — I’m happy that the fantastic “Life in West America” collection from Roope Rainisto was able to be a catalyst for getting the market’s attention on the broader works there.
Tyler: Unlike Logan, I’m ready to blindly buy into Braindrops ahead of an Art Blocks Summer ‘21-like-event. It’s the perfect setup right now.
- Look at the Google Trends for “AI” right now - it’s up only. Traders are looking for the “next meta” and the AI art sector is an obvious choice.
- Life in West America is the perfect catalyst for an overall leg-up for the entire ecosystem (similar to what Fidenza did for AB), widely acclaimed by collectors and newcomers
- The entire supply of Braindrops is 9,861 - that’s less than just Chromie Squiggles
I am here to submit to our robot overlords and become a Braindrops maxi ASAP.
Check Yourself ✅
Question 3: Checks by Jack Butcher pulled back hard following the ‘Super Burn Sunday’ launch, despite no issues and several major collectors already pushing for the coveted Black Check. Has the attention moved on from Checks, or is this just a pullback in the early days of the project?
Jason: I said it last week, and I’ll say it again. Value is derived over time, especially in this space. Checks will have to continue to generate new hype cycles, show holders they can continue to expect some kind of value every few weeks or months, and capture and hold this new attention economy. It’s a difficult task, but it can be done. And if it is done right, Yuga Labs has shown the upside. It can’t just rely on the casino effect, though.
Logie: Checks has the benefit of many additional derivatives hoping to push the “checks-meta” forward alongside the genesis collection, but it does feel like attention has started to drift. It doesn’t matter if you execute impeccably or not, it’s the anticipation of events that drives attention and price. Once you accomplish something (in this example, the burn works!) there’s less of a reason to talk about the project. Less talking = less trading = lower prices.
Ghost: While I am certainly disappointed at the price action on Checks, I still do think the collection will be a long-term winner. While hype and speculation may have died down, I think the art (and now the process of creating the art through burning) has struck a chord with many collectors. As the collection continues to become more and more pared down and curated, I think we’ll eventually see a massive comeback — but in the short term, there might be more pain to come.
Tyler: I am going with healthy pullback. The project got way too overheated ahead of the burn, and of course could not sustain those levels (I say after buying the top). It’s back to more reasonable levels now and is an easier entry.
With that said, two things need to happen for Checks to leg up - Jack will need to pull a few tricks out of his sleeve to keep attention, and we need to see a major play from the community (a whale, a DAO, etc.) to make a move on the Black Check. If neither of those happen, we may be in chop or slow decline mode for the foreseeable future.
Super Bowl Hangover 😳
Question 4: Speaking of the Super Bowl — the DigiDaigaku commercial ran this weekend, evoking some very polarizing reactions within the space. What are your thoughts on the ad, and was this a net positive or negative for the NFT space?
Jason: This “ad” was a major waste of money and requires a cringe-worthy level of ego to link a QR code to a personal Twitter account. Net negative for the space. That’s all I’ll say.
Logie: I actually think the ad was net-neutral. Those in the space clearly saw it as a flop (me too). But outside of the existing web3 audience, I think it’s highly doubtful that anyone even let it register. It was over in the blink of an eye, and it made no sense if you weren’t expecting it. Seems like a big, /shrug and move on moment.
Ghost: While I don’t see this being negative for the space (as Logie mentioned, I doubt anyone outside of the space gave it a second thought) — it was a huge missed opportunity for a positive moment. Regardless of your sentiment on Gabe’s tactics, bringing those who missed out on the drop (pretty much everyone) to his personal Twitter page over a polished landing page (or anything less scammy-looking) seems like a huge miss. While he gained a lot of followers and can claim an instant sell out, it certainly seems like there were better ways to achieve the same results.
Tyler: The market does not lie - it was a letdown. Until Gabe and team actually prove they can reach the masses, it’s all just hype, speculation, and engagement farming. And with thousands of new NFTs in the Digi ecosystem, the rubber will meet the road here soon. New buyers or more bleeding.
Meet the Roundtable:
Ghost: Ghost is an NFT analyst at Lucky Trader. He has been in crypto since 2017, and entered the NFT space via NBA Top Shot in January of 2021 before minting Bored Apes and degenning into the broader market.
Tyler: Tyler is a high-volume NFT trader, having reached the top 100 in NFT sales revenue using NFTBank’s rankings, a Pengu maxi (in Luca we trust), and a writer for Lucky Trader. Tyler’s writing spans market analysis, news breakdowns, project ecosystem overviews, and web3 opinion pieces.
Logie: Logan is a content lead at Lucky Trader and is best known for selling every good NFT far too early. He also maintains an irrational exuberance for clay-based NFTs.
Jason: Jason is an NFT lead at Lucky Trader. He has been involved in the NFT space since CryptoKitties in late 2017, and, like most, he lost a lot of money on Top Shot in early 2021. But nevertheless, he persists (with his Series 1 Legendary From The Top LeBron James Block).
The DigiDaigaku Super Bowl ad ran early in the first quarter of the Super Bowl, linking first to a Digi Dragons mint and then a QR code to founder Gabriel Leydon's Twitter account.
🧐 Wait, What?
Miss the ad? You can rewatch it here.
❗Why It Matters
Limit Break founder Gabriel Leydon has been touting the exclusivity and importance of the DigiDaigaku Super Bowl ad and its ability to provide awareness and exposure to millions of new viewers. By all accounts, the ad ran as intended, linking to a DigiDragon Egg mint and then Gabe Leydon's Twitter through which new users can learn about the DigiDaigaku ecosystem.
📊 By the Numbers
The DigiDragon Eggs collection has quickly opened to a floor price of 0.39 ETH.
🎤 Community Quotes
The community has had mixed reactions.
Iryna Sofia Hrubiy: "the QR code definitely just took me here directly what kind of ploy is this."
Kongsy.eth: "Epic commercial. Epic marketing"
🎬 Take Action
Those who missed the ad can still gain access to DigiDaigaku Dragons by interacting with this tweet from Gabe.
Limit Break CEO Gabriel Leydon dropped some alpha on the process of growing Dragons this morning, as all eyes are on Leydon and DigiDaigaku ahead of the project's Super Bowl commercial tonight.
❗ Why it Matters
Limit Break has spent around $6.5 million on its Super Bowl ad, which it expects to be seen by an audience of 50 million people or so.
🔍 The Deets
- Holders of certain DigiDaigaku ecosystem NFTs, including Genesis, Heroes and Super Villains will receive a free airdrop of "Dragon Essence."
- The Essence will be used to grow Dragons from babies to their fully evolved forms.
- The date of the snapshot that will be used to distribute Dragon Essence is currently TBD, and Leydon has promised to share more info soon.
- Included in Leydon's tweet is an evolution chart that shows the Genesis collection gets the "best" Essence, Heroes get "better" and Super Villains get "good" Essence.
🕳️ Go Deeper
DigiDaigaku Villains are now available for claiming and unmasking, according to tweets from the DigiDaigaku Twitter.
❗Why It Matters
DigiVillains are the next piece to drop in the rapidly expanding DigiDaigaku NFT ecosystem and provided another free entry point for members outside the existing DigiDaigaku holder base.
🎬 Take Action
DigiDaigaku Genesis holders are eligible to claim one free masked Villain at this time, while those who registered for the allowlist via FreeNFT can check to see if they were granted allowlist access to claim one free Villain.
To claim or check status, users must head to digidaigaku.com/claims.
Once there, choose the respective Villain claiming depending on your eligibility and holdings.
If you've successfully claimed a Villain it will come masked and you'll need to complete a quest to successfully unmask it.
🔜 What’s Next?
Beyond the Villains, users still have time to register for the upcoming DigiDragons allowlist and exclusive Super Bowl mint. This will be the next piece to drop in the Digi ecosystem.
🧠 Learn More
