NFT11

NFT11

NFT11
$0.041492099%-3.71

Key Metrics

Price$0.041492099
Real Volume (24H)$0
MarketcapN/A
Fully Diluted ValuationN/A
ATH$0.625332
ATH Date3/5/2022, 8:04:51 AM
ATL$0.146791
ATL Date11/12/2022, 10:04:21 AM
Circulating SupplyN/A
Total Supply125M
WebsiteN/A
WhitepaperN/A
Popularity Rank13630
Chart
What is NFT11?


NFT11 is a blockchain-based game that aims to attract a wider userbase by creating a series of games based on the same ecosystem. The game is executed fairly and transparently on the blockchain, ensuring secure and tamper-proof transactions.

Football or soccer, with 3.5 billion fans across the globe, is the world's most popular and beautiful sport. A tournament between two squads of 11 players each is the ultimate test of skill and strategy in this game. The history of football video games is deeply connected to the video game industry itself, with soccer titles being some of the earliest video games released between 1976 and 1986.

Football Manager, a simulation game that allows players to manage their team to success, has sold over 18 million copies worldwide. Other simulation games also use similar ideas of managing a team to success, although they may not have licenses to use real teams and players. These games are especially popular on PC, mobile, and browser platforms, making the sport accessible to a wider range of players.

NFT11 provides football fans and online players with the opportunity to manage their own clubs, use their "couch tactics," emulate the latest strategies, and much more on the blockchain. The game's in-game assets offer unique functionality that is a perfect fit for NFT collectors and game investors. These assets, such as different tier players and real estate in the form of stadium seats, offer additional utility to collectors and profit hunters. This drives demand for their NFT assets, as demand is derived from organic users and other collectors, unlike most other NFT assets that lack the former.

NFT11's revenue model consists of three main streams that are tied to its development. Initial revenue will come from token sales to meet demand for in-game NFT assets such as players, real estate, and collectibles. This will be sustained by competition fees, registration fees, retiring/re-minting of new players, and further NFT asset releases. 50% of all tokens collected back from such utility will be burnt, further adding deflationary price pressure to a limited supply.

Partnership revenue will initially come from royalties collected from the resale of NFT assets in secondary marketplaces. As the game develops, we expect this revenue stream to grow significantly through commercial tie-ups in the metaverse and the real world, such as endorsements/co-marketing royalties and co-development.

Game franchise revenue will not begin until the launch of full gameplay. We expect this traditional revenue stream for games to include rights and licensing sales, merchandising, and IP sales. This will be sustained through continuous new player acquisitions of the developed product.

NFT11 is poised to take advantage of the growing interest in NFTs and blockchain gaming, with its unique in-game assets, fair and transparent transactions, and innovative revenue model. By creating a series of games based on the same ecosystem, NFT11 aims to attract a wider userbase and become a major player in the blockchain gaming industry.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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