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Home»Blockchain»OneTo11 announces global expansion with new games and P2E educational model
Blockchain

OneTo11 announces global expansion with new games and P2E educational model

2024-06-05No Comments3 Mins Read
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OneTo11, a blockchain gaming startup, has announced plans to expand its offering to two crucial markets around the world: LATAM and MENA. This will be done by adding three new games to the portfolio with a tentative timeline of the next twelve months. Founded in 2021, the blockchain gaming platform has grown rapidly with a broad user base of 4.5 million registered users and over 7.3 lakh monthly active gamers. These are spread across 168 countries and fall within the age category 18-55 years.

The company also plans to develop educational technology products. These will include gamified elements to enhance student learning at school. Ravindra Kumar, the CEO and co-founder of the company, has said that their growth is a testament to their team’s dedication, adding that users have also shown unwavering support. Chatterjee has made it clear that the goal is to provide an innovative gaming experience powered by blockchain technology.

What strengthens OneTo11’s development trajectory is its GMV of $15 million and daily active user base of 81,000. This is in addition to securing fourth position at the Global Blockchain Congress. OneTo11 has attended some of the most important events including Token2049 and the Global Blockchain Show.

The company has its roots in India as the country’s first Social Networking Fantasy Mobile application. It is supported by the play-to-earn model, which leverages the capabilities of NFTs and DeFi to ensure gamers have consistent income through time and gameplay. OneTo11 essentially includes four components, namely the mobile gaming app, the Fantasy Sports app, the RPG/Metaverse game, and the Gamified Learning app.

See also  Ethereum’s selloff tests whether its neutrality-first model can defend ETH’s value amid Foundation ‘brain drain’

Ravindra is optimistic about the future of OneTo11, stating that its adoption has been enthusiastic in India and around the world. The user base of 4.5 million players only strengthens this trust.

Expansion is planned in Latin America, the Middle East, Africa and Southeast Asia. This development comes after OneTo11 announced reaching a gross merchandise value of $15 million. Its user base of 4.5 million is in the domestic market. OneTo11 will replicate its domestic model on a larger scale. The blockchain gaming platform has committed to prioritizing user acquisition and enabling localization in every market.

Ravindra Kumar, the Chief Executive Officer and Founder of OneTo11, has attributed the growth to the user community. Ravindra has reiterated Anirban’s words that they are committed to penetrating the LATAM and MENA markets by providing innovative gaming experiences.

More regions are expected to be included on the list as OneTo11 makes progress in LATAM and MENA.

Overall, OneTo11 aims to provide an enhanced user experience through innovation and leveraging blockchain technology. The expansion is a crucial step towards global expansion, with a replication of domestic success at its core. More information about OneTo11 can be found at X and the official website.

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Announces educational expansion Games Global model OneTo11 P2E
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