Limit Break is introducing opt-in, backwards-compatible, programmable royalties contracts that work on any ERC-721 contract through a novel staking solution. Its initial goal was simply to give creators the power to decide how royalties will be distributed on the smart contract layer, this release will allow for numerous applications with the potential to radically reshape the NFT landscape. These on-chain royalties are enforceable at the individual token level, meaning each individual NFT can have its own programmable royalties. Version 1 introduces the “stake to opt-in” and “transfer whitelist” model, and Version 1.1 will be a full implementation of programmable royalties and minimum floors.