WebsiteLaunchpool Red Kite Launchpad PolyStarter Launchpad

DeFi11 (D11)

IDO

Last updated: May 16, 2023

DeFi11 is a defi powered gaming ecosystem for fantasy sports, NFT virtual hybrid world, Marketplace, predictions and betting.

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Overview

Project industry	Gaming & VR
Product type	DeFi
Whitepaper	Open

What is DeFi11

Our main motto with Defi 11 is to make gaming platform safe from Frauds and Lack of Transparency in Centralized Fantasy Sports Applications.

Problems with Conventional System

Creation of Dummy or Fake Winners | Centralized Approach
Manipulation of Data & Reward Pool Amounts | False reporting of daily volumes
No Auditing and internal controls | Unaccountable data and Fake Accounts
No regulation and User Privacy | No User Anonymity

Our Solution

Complete Decentralization and Transparency
Users Anonymity Maintained
No Market Manipulation
P2P Transactions, No House Involved

Details

IDO (Launchpool): TBA - TBA
IDO (Red Kite Launchpad): Sep 20, 2021 - Sep 20, 2021
IDO (PolyStarter Launchpad): Sep 20, 2021 - Sep 20, 2021
Token supply: 275,000,000 D11
Total tokens for sale: 42,750,000 D11
Hard cap: 3,950,000 USD
Raised: 3,500,000 USD

Legal

Blockchain Platform: Ethereum
Registration year: 2021

Token info

Ticker: D11
Type: Utility-token
Token standard: ERC20
Token price in USD: 1 D11 = 0.10 USD
Token distribution:
Core Team - 19.45%
Token Sale - 15.54%
Early Advisor token - 2%
Value Advisor token - 1%
Community Reserve - 23%
Rewards & Incentives - 8%
Treasury - 20%
Future Team Members - 4%
Loyality Reward Pool - 7%
Funds allocation:
Exchange Listings - 23%
Marketing & PR - 21%
Partnerships & Expansion - 12%
GnA & Operations - 18%
Research & Development - 16%
Legal/ Compliances - 5%
Reserve - 5%