TheEleven
TheEleven is a Web3 fantasy gaming platform on Avalanche, where users bet with crypto, compete in AI-powered contests, and win rewards. Secure, fast, and innovative—bridging blockchain, strategy & AI
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描述
TheEleven: The Future of Web3 Fantasy Gaming
Overview
TheEleven is a next-generation Web3 fantasy gaming platform built on the Avalanche blockchain, revolutionizing how users engage with competitive gaming and betting. By leveraging decentralized finance (DeFi), AI-driven analytics, and blockchain technology, TheEleven offers a secure, transparent, and engaging ecosystem where users can strategize, compete, and earn real rewards using crypto tokens.
Key Differentiators
Blockchain-Powered Fantasy Gaming
Users connect their Web3 wallets (MetaMask, etc.) to deposit and withdraw tokens seamlessly.
Transactions are secure, instant, and fully on-chain, ensuring fair play and transparency.
Eliminates traditional financial barriers and high-fee payment gateways.
AI-Powered Team Selection (Premium Feature & Fututure Plan)
Users can leverage AI-driven insights to build optimal teams, increasing their chances of winning.
AI considers historical data, performance trends, and predictive analytics for smarter decision-making.
Available as a paid premium feature or via a subscription model for frequent players.
Decentralized Betting & Contests
Users participate in contests by placing bets using TheEleven's native d11 token.
Contest winners receive crypto rewards, with 2% platform fees ensuring sustainability.
Owners can customize contests, set rules, and manage payouts transparently.
Owners can hold d11 tokens in their in app wallet and cash it out (convert to AVAX when AVAX's value goes up)
Leaderboards & Community Engagement
A real-time leaderboard ranks top players based on performance, winnings, and activity.
Social & Community-driven engagement, allowing users to challenge friends or join tournaments.
Gamification elements like rank-based rewards and achievement badges enhance retention.
Seamless Crypto Transactions
AVAX to d11 conversion is set by the owner, ensuring accurate and real-time token valuation.
Instant withdrawals with a 2% platform fee, ensuring sustainability while rewarding active users.
Supports multi-wallet integration and potential expansion to cross-chain compatibility.
Business Model & Monetization
Revenue Streams:
Transaction Fees: 2% fee on deposits, winnings, and withdrawals.
AI-Powered Team Selection: One-time purchases or monthly subscription plans. (future plan)
Premium Subscriptions: Exclusive analytics, unlimited AI usage, and bonus contest entries. (future plan)
Contest Sponsorships & NFT-based Upgrades (future roadmap).
Market Opportunity
Fantasy gaming + Web3 = The Future
The global fantasy sports market is projected to reach $48 billion+ by 2027.
Blockchain gaming is booming, with Web3 gaming surpassing 1.5M daily active users.
TheEleven taps into crypto-native and traditional fantasy gamers, bridging two lucrative markets.
本次黑客松进展
In the offline hackathon, Binary, we, the team MCArtisan has successfully built the MVP of our project. The one of the main Unique Selling Point of our project was to replace the centralized public currency with decentralized crypto currency. So that people who are holding crypto in their wallets, can make an extra use of that. Our project, TheEleven is a Fantasy Gaming app ( like Dream11 etc. ), so, a user can login to our platform and based on the upcoming cricket matches they can build their own Fantasy 11 team. For a single match there are multiple contest running with different prize pool. So, an user can join any of the contest and build team and strategically bet on their team. Also, we have our in game currency that is `d11`, as our project is deployed on Avalanche testnet, so we convert the token into d11 and use it for participating in the contests. Also we have used some APIs to fetch the players data to rank them according to their recent performance and to calculate their FantasyPoint for a match and for their recent performances. So, till now, we have more over done this much about our revolutionizing project, `TheEleven`