DEFI 11, THE DECENTRALIZED GAMING ECOSYSTEM!
Fantasy sports have been gaining a lot of attention over the past few years, a recent survey that was conducted worldwide gave an insight that millions of youths have hooked themselves into fantasy sports and virtual gaming.
As we know, The Gaming ecosystem consists of numerous activities and events such as betting, fantasy sports, Virtual gaming, etc. A gamer always looks for a platform that is safe, secure, and has all the prominent features currently in the market today.
Most of the fantasy sports or virtual gaming platforms misuse user’s information, make false daily volumes, frame dummy winners with almost zero regulations and user policy.
Trusting these centralized platforms has become a challenge for those users who deliberately enjoy virtual gaming. Wouldn’t it be wonderful if there was a blockchain-powered platform whose primary motto is safeguarding user data?
Have a Glance at DEFI 11
The world’s first defi powered fully decentralized gaming ecosystem for fantasy sports and NFT Gaming. It’s a one-of-a-kind project that aims to bring transparency and complete decentralization to its platform.
Defi 11 utilizes the power of blockchain technology to provide prominent gaming features as well as to maintain user privacy.
Let’s learn more about Fantasy Sports and DEFI 11
What is Fantasy Sports?
Fantasy Sports comes under the category of online prediction games where users put together a virtual team of real sports players. Users earn points based on real-life statistics that are converted into fantasy points. The better your chosen player performs in real life, the higher your fantasy points.
About DEFI 11
Defi 11 is the world’s first defi powered fully decentralized gaming ecosystem for fantasy sports and NFT Gaming. Its primary motto is to make gaming platforms safe from Fraud and to bring Transparency to Centralized Fantasy Sports Applications.
Defi 11 has publicly mentioned that it will focus on securing user data and will prevent any sort of data leak.
DEFI 11 AIM
Here are things that Defi 11 aims to improve with the establishment of its platform.
- Complete Decentralization and Transparency — Defi11 aims to bring complete transparency and decentralization to fantasy sports platforms.
- Maintain User Anonymity — Defi11 aims to keep user data anonymous in all sorts of ways.
- No Market Manipulation — Defi11 aims to provide real data without any manipulation or malpractice.
- P2P Transactions, No House Involved — Defi11 aims to keep P2P transactions alive with true Peer-to-peer experience.
DEFI 11 Core Features
Defi11 always takes pride in delivering prominent, rich, and polished experiences that their user base can enjoy and immerse themselves into. It uses these cutting-edge features to bring decentralization and transparency to its platform.
These are some of the core features provided by Defi11.
1. Fantasy Sports
Fantasy Sports comes under the category of online prediction games where users put together a virtual team of real sports players. Users earn points based on real-life statistics that are converted into fantasy points. With Defi11 you can enjoy a true fantasy sports experience in a decentralized manner.
2. Betting
Defi11 users can bet on specific gaming events such as sports or any other virtual gaming activity at some specific period.
3. Rewards & incentives
Defi11 users have the privilege to earn D11 tokens in the form of rewards and incentives for some specific events.
4. NFT Gaming
Defi11 allows users to collect, breed, and even trade NFT’s in its gaming ecosystem.
5. Liquidity Pool
A liquidity pool consists of a collection of funds locked in a smart contract. With Defi11 Liquidity, pools are used to facilitate decentralized trading, lending, and more.
6. Prediction Contracts
Def11 provides prominent features such as Prediction contracts.
7. Staking
Defi11 users have the privilege to stake D11 tokens to earn passive income as well as the rights to the governance of the platform.
8. Swapping
Defi11 allows users to swap assets on its platform.
DEFI 11 Tokens
Defi11 has also released its native token called D11 which would serve as their primary source of exchange. Users will have privileges such as staking, rewards, governance, low fees, etc with the help of D11 tokens.
These are some of the main functions of D11 Token.
-Fee settlement.
- Staking upon registration.
- Reward claiming.
- Game Dev Financing and Loyalty.
- Get users Attention and Financing.
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