Published: Jul 22, 2021

DeFi11 (D11)

Website

Status

IDO

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

Whitepaper

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Interest lvl

High

Updated: May 16, 2023

Learn more about our rating

User Rating

Medium

3/5 • 1 votes

Ticker

D11

Type

Utility-token

Token standard

ERC20

Registration year2021

Launchpads

Red Kitepad

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

DeFi11 Roadmap

Q1 2021

Idea Conceptualization, Token Presale

Q2 2021

Seed and Private Sale, Alpha App Launch, TGE & IDO-June

Q3 2021

Beta Launch, Token Exchange Listings, NFTs Virtual World Alpha

Q4 2021

NFT MarketPlace, Virtual World Beta, Staking Rewards Programme

Token Sale Dates

IDO

Start date: Sep 20, 2021

End date: Sep 20, 2021

IDO

Start date: Sep 20, 2021

End date: Sep 20, 2021

Token Allocation

Total Token Supply 275,000,000 D11

Total Tokens for Sale 42,750,000 D11

Funding Details

Hard Cap 3,950,000 USD

Funds Raised (as of now) 3,500,000 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%