To put it simply, the OneTo11 platform works by allowing gamers to leverage the decentralized economy by allowing interaction and the opportunity to participate in the economics of the games they enjoy through the use of transferable NFTs and native token.
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Have you ever poured considerable time and money into a game, only to wonder why you have nothing to show for it when you finally stop playing it? Don’t worry; you’re not alone. We’ve all invested in virtual worlds without any significant return, but all that is about to change, courtesy of companies such as OneTo11 who introduced blockchain and the decentralized economy into the world of online gaming.
As the first blockchain-based social networking fantasy gaming application in India, OneTo11 is at the cutting edge of the “quiet revolution" of the online gaming world. Their modus operandi is painfully simple but hugely effective and revolves around putting the gamer first. Ravindra Kumar – CEO and Cofounder of OneTo11 explained, “We believe in offering gamers a platform where they are rewarded for their time and investment by adopting blockchain technology that allows them to transfer their assets and investments from game to game. In essence, blockchain is a trustless decentralized platform that puts the user in control, keeps their digital assets secure, and doesn’t financially exploit them. It’s tailor-made for gamers and one that offers the brightest and boldest of futures."
OneTo11 uses the NFT creation and trading capabilities built within their games to generate value for gamers. When gamers spend time and skill on the game to win or create a digital asset, they get complete ownership via NFTs. Thus, OneTo11 changes the pay-to-play gaming model to Play-To-Earn. “The intent of introducing the P2E model is to provide value to gamers for their time and skill, and giving them a transparent, trustworthy and decentralized platform to earn consistently via gaming." - mentioned Anirban Chatterjee (COO and Cofounder – OneTo11)
To put it simply, the OneTo11 platform works by allowing gamers to leverage the decentralized economy by allowing interaction and the opportunity to participate in the economics of the games they enjoy through the use of transferable NFTs and native token. The OneTo11 spokesperson added, “What a decentralized economy means for online gamers is freedom. The freedom to earn money and rewards, the freedom to transfer your assets elsewhere, the freedom of choice, and the freedom to enjoy gaming and a tangible return on your investment. The decentralized economy will go down in history as the biggest revolution in the gaming world to date. We’re extremely excited about the potential and possibilities it suggests for both networking and technology. It’s a movement that’s growing momentum daily. So, hold on tight; it’s about to get exciting."
Disclaimer: This is a company press release. No LM journalist is involved in creation of this content.