DeFi11, a leading decentralized fantasy NFT gaming ecosystem, has announced that it will hold its DEX Initial Offering (IDO) on September 20th. According to a press release from the company, DEX’s first offering will be launched via Polygon’s native launch pad Polystarter and Redkite. The company is focused on its longstanding roadmap previously shared with its community.
In particular, the company is committed to revolutionizing the fantasy game industry, which has long been dominated by the centralized system. “DeFi 11 plans to be the best in fantasy sports and games since the Fantasy Premier League emerged and stole our collective hearts. After the DeFi 11 team saw the amount of exploitation caused by a highly centralized system it decided to step up and do something about it instead of sitting on its hands, “the company said in a press release.
The company noted that the decision to launch the Polygon Polystarter Launchpad was based on prevailing market conditions, including the fact that Polygon is a Layer 2 protocol on the Ethereum blockchain; by the fact that Ethereum is an established ecosystem with dynamic institutional and private investors; As a fantasy gaming platform, DeFi11 seeks to address challenges in the industry including poor security, user exploitation and a lack of transparency.
In this way, Polygon’s public launch, scheduled for September 20th, becomes a strategic plan for its future growth prospects. As for launching on the Redkite platform, the company said it is a prominent competitor in the market offering exceptional services. at PolkaFoundry. “With the support of influencers, marketers and top-class communities, Redkite strives to give new projects unmatched visibility.
A thorough research process by the team also ensures investor safety and ensures that only the best of the best gets into the ecosystem. ”The company stated in the press release. DeFi11 prides itself on more than 18,000 app downloads and 40,000 on-chain transactions.
In doing so, the company is confident that it will revolutionize the gaming industry. Through its experienced team and committed DeFi11 has attracted well-known investor technologies such as A195 Capital, AU21 Capital, Alphabit, Protocol.
In the time since its inception, the company has worked with well-known crypto companies such as Polygon, Biconomy, Sheesha Finance and the Blockchain Alliance, among others. Hours after the IDO, DeFi11 has planned that its native D11 token will trade on AscendEX_Global under the trading pair D11 / USDT.