Oneto11, the world’s first blockchain gaming ecosystem, is causing a stir

Oneto11, the world’s first blockchain gaming ecosystem, is causing a stir

Blockchain Gaming News
March 17, 2022 by Diana Ambolis
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OneTo11, founded in March 2020 by serial tech investors Ravindra Kumar (CEO), Tirath Chand Sharma (CTO), Manasvi Singh (CMO), and Anirban Chatterjee (COO), creates a holistic blockchain gaming ecosystem with an offering for every gamer persona and uses the Play-To-Earn concept across the platform. Since the humble origins of arcades and video consoles, the blockchain
Is a revolution coming with Play-to-Earn?

OneTo11, founded in March 2020 by serial tech investors Ravindra Kumar (CEO), Tirath Chand Sharma (CTO), Manasvi Singh (CMO), and Anirban Chatterjee (COO), creates a holistic blockchain gaming ecosystem with an offering for every gamer persona and uses the Play-To-Earn concept across the platform.

Since the humble origins of arcades and video consoles, the blockchain gaming ecosystem has changed dramatically. Gamers worldwide recall spending countless hours and large sums of money on video games. The highly centralized gaming business was then firmly grasped by game creators and publishers. Gamers would spend fiat dollars to make in-game purchases if there was little or no social engagement. Because the in-game cash had no worth outside of the game, these players wasted many hours without receiving any compensation.

However, a tidal wave of change is sweeping the blockchain gaming ecosystem. A new generation of games, Play-To-Earn games, powered by blockchain technology, is upending the global economic model. With the rising use of Blockchain across industries, OneTo11 — the world’s first blockchain-based gaming ecosystem – aims to provide players with a more engaging and rewarding gaming experience. The gaming ecosystem supports the Play-to-Earn model, where gamers may earn their time and efforts spent playing by incorporating blockchain capabilities such as NFT creation and trading, decentralized games governance, and token utility into gaming.

The Beginnings & Development of Oneto11 Blockchain Gaming Ecosystem

OneTo11, founded in March 2020 by serial tech investors Ravindra Kumar (CEO), Tirath Chand Sharma (CTO), Manasvi Singh (CMO), and Anirban Chatterjee (COO), creates a holistic gaming environment with an offering for every gamer persona and uses the Play-To-Earn concept across the platform. Within the first 15 months, the site accumulated 2.2 million members in a short period. OneTo11 is attempting to grow its geographical footprint around the globe and establish a Web 3.0 solution for the gaming industry by providing maximum value to its users.

OneTo11’s success has made me very happy. “With OneTo11, we intended to shift people’s mindsets and enrich the gaming experience of players,” stated Ravindra Kumar, CEO of OneTo11. The blockchain Gaming ecosystem has the potential to become more than just a source of amusement; it can develop into a source of income for its users and eventually into a self-sustaining economy. Gamers may earn money through games, skills, and competitions using our unique Play-to-Earn approach. We wish to provide people with the opportunity to work and play together as a community.”

Also, read – Lottery.com selects Algorand as their Blockchain Gaming Platform

What is the mechanism behind it?

OneTo11 connects users to a wide range of games, including sports fantasy games, casual mobile games, learning games, and RPG Metaverse games, through an integrated wallet and NFT marketplace. The blockchain gaming ecosystem promises to produce value for its users and put them in control by utilizing the capabilities of Blockchain and NFT trading. OneTo11 offers various earning opportunities for its different gamers, including referring, playing, staking, and trading.

In September 2020, the OneTo11 ecosystem released its first game, the OneTo11 Fantasy Sports app, and since then, it has included casual digital games like Ludo and fruit slice. The company was bootstrapped by its founders until October 2021. The company put the money it made back into game development and improving the user experience. With some HNWIs and institutional investors, the company received $2.5 million in a seed investment round and private sale.

“The gaming industry is fraught with hurdles,” Anirban Chatterjee, COO of OneTo11, said in a statement on the company’s path and future objectives. OneTo11 allows users to join for free and monetize their time and efforts by taking a vacation from Pay-to-Play. We didn’t want to invest a lot of money in an OneTo11 marketing campaign. I am convinced that value-oriented projects are autonomous and do not require the crutches of marketing.”

“By offering consumers a reward program and a sense of playing as a community with their friends, OneTo11 has been able to expand and attract millions of members without any expensive marketing campaigns,” Manasvi Singh, the company’s CMO, said of the company’s organic growth. We also want to use the power of blockchain decentralization to create a crypto game economy.”

“We are leveraging blockchain technology, and we hope to disrupt the gaming business, enhance the gaming experience, and create new streams of revenue to its customers,” said Tirath Chand Sharma, CTO of OneTo11. We look forward to positioning OneTo11 as an industry leader and pushing it to new business heights with our strong leadership and a team of gaming enthusiasts.”

OneTo11 is putting a lot of effort into its expansion goals. Additional games will be added to the ecosystem, and more countries/markets will be added to OneTo11 operations as part of a two-pronged expansion strategy.