DeFi11 is a revolution for blockchain gaming platforms and is the first decentralized fantasy gaming platform. Being built on blockchain, the platform is secured and decentralized and offers the users to play a fair game without any external interference or manipulation in any manner. It enables the users to put their idle tokens to earn by providing services like staking pools, prediction contracts, NFT gaming, etc. The main motto of DeFi11 is to make gaming platforms safe from Fraud and Lack of Transparency in Centralized Fantasy Sports.

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contest.defieleven.com using the following simple steps.

  • Connect your metamask wallet to contest.defieleven.com
  • Place a prediction of around 100 $D11, the native token of DeFi11
  • Contest winners get to receive upto 50x the amount they paid.

Also, the exclusive NFT collection from this partnership will be available for users to grab at the DeFi11 Mobile NFT Marketplace. The marketplace is expected to launch by January, 2022, which would add more value to the platform. The users can expect some exclusive NFT drops for merchandise and moments from this tournament on the marketplace to be listed in January.

DeFi11: Decentralising Blockchain Gaming

DeFi11 is the world's first defi powered gaming ecosystem for fantasy sports, NFT virtual hybrid world, and sports predictions. It runs as a chain agnostic decentralized mobile application with an in-built smart wallet. The advantages include:

Complete Decentralisation

Financial services that are not controlled by any bank are referred to as decentralized finance or DeFi. DeFi enables users to make crypto transactions and include staking, lending, flash loans, etc. Due to no overhead entity controlling the platform in any way, the users get to play a fair game.

No Market manipulation

Unlike centralized fantasy gaming platforms, DeFi11 does not manipulate the funds or reward amount due to the decentralized nature of the platform. No central authority controls such matters, and transparency makes it easy for users to have trust and faith in the platform.

No Dummy Winners :

Centralised fantasy gaming platforms usually make dummy winners to avoid paying cash prizes. DeFi11 is a decentralised solution to this problem. The real users win the prize money in DeFi11, unlike any other centralised platform.

Maintain User Anonymity

Being built on a decentralized platform, the user identity remains unrevealed, and hence there is no privacy breach threat.

Additionally, DeFi11 offers many features, including dream teams, smart wallets, liquidity pools, etc. DeFi11 offers its own NFT marketplace that users can interact with. Moreover, users can earn with staking, swapping, and prediction contracts.

Staking enables the users to earn a passive income with their idle DeFi11 (D11) tokens. On DeF11, users get a chance to stake some amount of their tokens. These tokens act as a guarantee of proper conduct and as an additional incentive for providing the users with a freemium gaming experience. When the value of the token appreciates, the user can unstake those tokens and sell them off for profit. Likewise, if the users exit the platform, they can sell off their staked tokens.

It is needless to mention that the centralization of these platforms does not provide the users an opportunity for fair play. Meanwhile, this decentralized platform not only just gives them a fair chance to win but this way, the users earn in a crypto token that is an inflation ledger and can be lent, borrowed, staked, and swapped for a passive income. DeFi11 also allows users to put their idle crypto to use and play fantasy contests and predictions.

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