cryptonewsz.com
OneTo11, a blockchain gaming start-up, has announced its plans to expand its offerings to two crucial markets across the world – LATAM and MENA. It will do so by adding 3 new games to the portfolio with a tentative timeline of the next 12 months. Established in 2021, the blockchain gaming platform has been quick to grow with a broad user base of 4.5 million registered users and more than 7.3 lakh monthly active gamers. These are spread in 168 countries and fall within the age of 18-55 years.
The company is additionally planning to develop educational technology products. These will feature gamified elements to enhance the learning of students in school. Ravindra Kumar, the CEO & Co-Founder of the company, has said that their growth is a testament to their team’s dedication, adding that users have also demonstrated unwavering support. Chatterjee has strongly established that the aim is to deliver 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 on top of securing the fourth position at the Global Blockchain Congress. OneTo11 has attended some of the key events, including Token2049 and the Global Blockchain Show.
The company traces its roots of origins to India as the country’s first Social Networking Fantasy Mobile application. It is backed by the play-to-earn model, leveraging the capabilities of NFTs and DeFi to ensure that gamers have consistent income via time and gameplay. OneTo11 essentially entails four components, namely Mobile Gaming App, Fantasy Sports App, RPG/Metaverse Game, and Gamified Learning App.
Ravindra is optimistic about OneTo11’s future, stating that its adoption in India and across the world has been enthusiastic. The user base of 4.5 million players only cements this confidence.
Expansion is slated to happen across Latin America, the Middle East, Africa, and Southeast Asia. This development comes after OneTo11 announced achieving a Gross Merchandise Value of $15 million. The 4.5 million user base is within 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 echoed Anirban’s words that they are committed to penetrating the markets of LATAM and MENA by delivering innovative gaming experiences.
More regions are expected to be included on the list as OneTo11 makes progress in LATAM and MENA.
Overall, OneTo11 is committed to offering enhanced user experience through innovation and by leveraging blockchain technology. The expansion is a pivotal step toward global expansion with replication of domestic success at its heart. More information about OneTo11 can be found on X and the official website.