Upcoming fantasy sports and NFT gaming platform, DeFi 11 has recently announced its public launch through an IDO route. This IDO comes as no shock to those that have been apprised of the platform beforehand because the DeFi 11 group disclosed its roadmap for the close to future.
For those who are unaware, DeFi 11 is planning to be the best thing for fantasy sports and gaming since the Fantasy Premier League came and stole our collective hearts. After seeing the quantity of exploitation led to by a extremely centralized system, the DeFi 11 group selected to step up and do one thing about it reasonably than sitting on their palms.
As a result of this, they have built from the ground up, a platform that is by the fans and for the fans. Poor safety, exploitation, and a scarcity of transparency shall be a factor of the previous very quickly. The blockchain-based platform even intends to make life easier for developers with multiple benefits being given to developers willing to migrate to DeFi 11 when it launches. Moreover, NFT gaming can be a big a part of the group’s plans, with future developments anticipated to introduce peer-to-peer predictions, excising the necessity for an middleman in participant transactions.
Polygon-based Polystarter And Redkite Will Host The IDO followed by AscendEX listing
The upcoming Dex offering will be launching on Polygon’s native launchpad, Polystarter as well as Redkite. Polystarter is an particularly good selection for the launch of the IDO. Although lesser known than its more popular counterparts, Polystarter is built on the Polygon network which in turn is a layer-2 protocol on the Ethereum Network. This alone brings forth a number of prospects for brand spanking new initiatives as Ethereum is a well-established community with a whole lot of positives.
Separate from this, Polystarter is dedicated to giving all projects a fighting chance among the sea of new projects constantly being released. Permissionless itemizing, honest and decentralized fundraising and full launch assist are just some of the various perks DeFi 11 shall be getting from selecting the Polygon-based launchpad.
Redkite is similarly a well-known competitor based on PolkaFoundry that has managed to consistently punch above its weight. Supported by high-profile influencers, entrepreneurs, and communities, Redkite strives to provide new initiatives unparalleled visibility. A thorough vetting process by the team also guarantees safety for investors and ensures that only the cream of the crop enters into the ecosystem.
The IDO is slated for launch on the twentieth of September and extra info may be discovered on the group’s official web site and medium web page.
Following the launch of the IDO, the DeFi 11 team has also announced that the token will be listed on Ascendex post one hour after IDO.
The Street Forward for DeFi 11?
At the moment, the group is trying ahead to the IDO nevertheless it has already revealed an in depth roadmap detailing its plans after that. For the final quarter of this year, plans are in place to establish an NFT marketplace, the alpha test of the virtual world, and a reward staking program.
2022 additionally guarantees to convey much more progress in keeping with the roadmap. P2P predictions, the NFT digital world, governance token, and community-led enlargement into different sports activities are all within the works.
