During the current crypto bull run, blockchain games, also known as crypto games, are gaining a lot of attention and interest. Over the previous year, the value of some blockchain gaming tokens has surged by up to tenfold.
As a result of the popularity and rapid acceptance of blockchain games, a number of companies have launched their own crypto games. OneTo11, a Noida-based company, is constructing the World’s First Blockchain Gaming Ecosystem rather than just a blockchain game.
What is a Blockchain Gaming Ecosystem, and how does it work?
“The blockchain gaming ecosystem is a comprehensive platform that includes several games, NFT creation, a native token, an NFT marketplace, and a multi-cryptocurrency wallet.” So, OneTo11 has essentially established a comprehensive system where any gamer can – without ever leaving the ecosystem – play games, exchange NFTs, and earn money by using their skill and time.” Anirban Chatterjee responded (COO & Cofounder of OneTo11)
Currently, anyone who wants to make money playing crypto games must first play the game, then produce or win NFT, then sell it on a trading platform for cryptocurrency, and finally convert the cryptocurrency to fiat before spending. Jumping from one platform to the next becomes a time-consuming procedure with too many middlemen engaged, resulting in hefty fees and lower profits for gamers.
Multiple sorts of games, in-game NFT generation, an integrated marketplace, and a native token are all part of the OneTo11 ecosystem. This eliminates the need for third parties, lowers the cost, and accelerates the entire process of turning gameplay into cash.
“The concept behind OneTo11 is simple: create a transparent Play-to-Earn economy for gamers, where they can earn a consistent income from their gaming abilities and time.” People spend anywhere from 5 minutes to 2 hours each day playing games, and OneTo11 is turning games into a source of revenue in addition to fun.” – Ravindra Kumar expressed himself (CEO & Cofounder of OneTo11)
The OneTo11 team has released Fantasy sports games, casual mobile games, and gamified learning games up to this point. OneTo11 will release an RPG game featuring a metaverse in November, which will be their biggest release to date and is already generating a lot of buzz in the gaming world.
Within ten months of launching, OneTo11 had over one million downloads and over 12 million transactions on their platform. “Currently, OneTo11 has over 100,000 daily active users and over 350,000 monthly active users.” These figures are expected to grow to ten times their current levels once the RPG game with metaverse goes live.” Tirath Sharma exclaimed (CTO & Cofounder OneTo11)
“We’re aggressively growing into new markets and demographics in the game industry.” With the football world cup in 2022 and the cricket T20 world cup in October 2021, our fantasy sports app will significantly increase users.
The release of RPG with Metaverse, on the other hand, will be the tipping point because it introduces the prospect of manufacturing high-value NFTs.” -said Manasvi Singh (OneTo11’s CMO and Cofounder) when discussing the company’s expansion goals. OneTo11 will also create an office in Singapore to focus entirely on the Southeast Asian market, with ambitions to open offices in the Middle East, Europe, and North America as part of their growth strategy.
While the ecosystem may appear complex, it is actually rather straightforward in practice, and OneTo11 appears to be attracting a lot of interest from gamers and investors since their pre-seed sale for the native token 1To11 was oversubscribed by three times the quantity. With the promise of Play-to-Earn, crypto gaming is definitely the next gold rush for gamers, and OneTo11 appears to be committed to giving them with all of the tools they’ll need to cash in.