Starting Point
In the blockchain at large, it is very rare to see a play2earn gaming ecosystem and statistically, the few that can be of earning to its users are not really a means of livelihood simply because it does not generate enough money and it is a major problem and by that making lots of merchant lose interest in the gaming ecosystem simply because they mostly play for fun which does not benefit them financially and by that making them loose interest. However, the 11 Minutes gaming ecosystem has come to change that notion by making its ecosystem to be of more benefits to it users by making them earn real money from the advent which they play for fun and also earn from playing too just in the 11 Minutes ecosystem which makes the platform a very unique one and by that you can see that the ecosystem is having a great future prospect simply because lots of merchant will embrace it, play for fun, play to earn and also invest so as for them to maximize their profit, just in this article, all about the 11 Minutes gaming ecosystem will be explained.
ALL ABOUT THE 11 MINUTES GAMING ECOSYSTEM :
The 11Minutes ecosystem is a digital gaming platform which is the first play2earn game series in the blockchain which users in the ecosystem can play new games with every session and win a life changing prize all just in the 11Minutes ecosystem and so therefore become a user and also hold the ELVN token which is the governance token of the 11 Minutes ecosystem.
How does work?
11Minutes is the first play2earn game series on the Blockchain. You can play new games with every session and win a life changing prize. These NFT based P2E games have changed the interface of the online gaming industry by offering an equal playing field to every player while giving them a source of income. And they’ve gained a new dimension with affordable NFT minting that gave way to NFT-based in-game collectibles and NFT tickets. 11Minutes is not a single game, but a series of games in which the aim is to achieve the high score within 11 minutes. But let’s start from the beginning. First of all, the player must have mint a NFT to participate in a game session. Then, at each session, you can redeem your earned NFT tokens as rewards (the more tokens you have, the higher your chance of winning). Finally, each session gives you access to exclusive areas within the games and different type of items that will be available for purchase with your (minted) tokens
FEATURES OF THE 11 MINUTES GAMING ECOSYSTEM :
- LIQUIDITY LOCK
- AUTO FARMING
- NFT STAKING
- BURNING AUTOMATION
- LIQUIDITY GUARANTEED PROGRAM
PROBLEMS FORESEEN IN THE GAMING ECOSYSTEM :
Majorly in the gaming ecosystem, most play 2 earn gaming platforms that are free does not generate it users enough money or enough earning to make a living while good paying play 2 earn gaming ecosystem cost a lot or is having a huge initial cost which is not affordable to most players or merchant.
SOLUTION TO THE RECENT FORESEEN PROBLEMS :
Here, the 11Minutes gaming ecosystem through its team members has opine a solution to that by creating a game series with totally new games for each session and distributing rewards that is funded by NFT ticket sales for game sessions. It also adds NFT farming mechanism so as to let the NFT ticket stay valuable after the game session and all of this makes the ecosystem a very unique one and different from other gaming ecosystem.
ALL ABOUT THE $ELVN TOKEN :
The $ELVN token is the governance token of the ecosystem which will power the 11 Minutes gaming ecosystem and also it will be used for staking and staking rewards with stable APY rates and again to Mint in the ecosystem you will be needing the $ELVN token which rewards given in the platform is with the $ELVN token which makes it a lovely one.
11 Minutes Token Utilities
- Token Staking : $ELVN will be used for staking and staking rewards with stable APY rates.
- NFT Minting : To mint Game Ticket NFTs and get into the game, you will need to use $ELVN token.
Play2Earn Rewards : The rewards for the daily and weekly game sessions will be paid in $ELVN. - NFT Farming : To create extra rewards for players of the gaming sessions, even if they don’t reach a good spot in the leaderboard, the Game Ticket NFT’s will be useable for NFT Farming. The farming rewards will be paid in $ELVN.
- In Game Purchases : In future versions of the games you will be able to create your own character. To further individualize your character, the players will be able to buy skins and other accessories with $ELVN.
- Tier System : 11Minutes will also work as a launchpad for new play2earn games in the space. For taking part in those launches, users will need to buy Tier NFTs, which will only be purchasable with $ELVN Tokens.
CONCLUSION :
In summary, the 11Minutes ecosystem will be a means of livelihood to so many which the advent is one unique one having a great difference from other gaming ecosystem and soon it will skyrock the global market which its utility token will be very limited by then just as Bitcoin is currently in the global market as a result of high demand so it will wise enough to be a holder of the 11Minutes token being the $ELVN so as to benefit greatly from the advent.
For more information please visit the links below so as to be clarified.
WEBSITE : https://elevenminutes.io/
TELEGRAM : https://t.me/minutes11
TWITTER : https://twitter.com/11minutesnft
MEDIUM : https://medium.com/@11Minutes
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