11Minutes Games: Decentralized Finance Backed by NFT Stakes the Economy
Abstract
Now, game developers can combine their games with cryptocurrencies to create a more innovative, modern and profitable gaming ecosystem for all its participants. By combining the gaming platform with cryptocurrency, not only allows players to play more safely, but also they can earn rewards from their gaming activities. Therefore, now many players are playing crypto-based games.
With more and more gaming platforms adopting cryptocurrencies on their platforms, cryptocurrencies are increasingly being recognized by players globally.
What is ELVN Token?
Blockchain Based Play2earn Platform
11Minutes was launched as a platform that allows players to play and earn money easily and safely. Players will be able to play more easily on an innovatively designed platform by an experienced team. The method offered by 11Minutes is an innovative way because users only need to connect their wallet and they can enjoy the games provided by 11Minutes, no registration or KYC required, users can use the games directly from their various devices.
It is a gaming platform designed using blockchain technology. That means the games offered by 11Minutes are completely safe and free from manipulation. Users will be able to use the various features available and play freely without interference from other parties. And especially since it is launched using blockchain technology, users can play for a low fee. Users only need to pay 45 USD for less than 0.1 USD to start playing at 11Minutes. It is more affordable compared to similar gaming platforms which usually require players to pay higher.
11Minutes also plans to allow the NFT protocol to be integrated into this platform. By integrating the NFT protocol, users will be able to play more safely and innovatively. Users can store various game items in the form of NFT tokens in their digital wallets. That way, users can arrange their items or characters more freely and as desired.
Also users who want to maximize their income can participate in the liquidity program launched by 11Minutes. Users can earn passive income by participating in providing liquidity. In this way, users will be able to get additional rewards besides the games they are playing.
ELVN Token Has Arrived
ELVN token, the first multi-dimensional token with 11Minutes is finally here! You can also get your tokens, as the list is showing on 11–1 (January 11) at 11:11 UTC on PancakeSwap. However, during the first 5 minutes of listing, only whitelisted participants can purchase token allocations. All players who participated in the daily competition prior to the roster will be whitelisted. Therefore, it's time to play!
The first Multi-Dimensional Token
The ELVN token will be multidimensional, existing in both crypto and gaming dimensions. Here are some of its features
Easy Switching: Switch between dimensions seamlessly. While going from the crypto dimension to the game doesn't cost anything, users who switch from the game to the crypto dimension have to pay a minimal fee.
Crypto Dimension : You can buy, trade and sell your tokens on crypto exchanges easily in crypto dimension. However, automated farming is not available in the crypto dimension. Selling your tokens or wallet transfers will require a 10% fee, of which 4% will each be used for the liquidity and NFT staking pool, while the rest will burn.
Game Dimension: Whereas in the game dimension, the token will be known as gELVN and can be used for various purposes. For example, tokens can be used to buy NFTs, enter yourself into tier lists, and participate in IDOs. Players only have to pay a fee if they transfer tokens between wallets or switch back to the crypto dimension. Transfers and stake bets will cost 10%, each 3% will be used for liquidity, NFT pools and token farming, while 1% is burned.
Every early Investor from Pre-Sale will get gELVN . Token
For TGE Events and for vesting days, we will disable video fees from the Crypto Dimension, so that every Investor has the opportunity to get Tokens to the Crypto Dimension without paying anything.
Tokenomics:
Token Allocation
Allocation
Percent
Total
Notes
Private & Public Sales
17%
170.000.000
Specifications below
Betting Prize
10%
100.000.000
Locked for 1 month, released over 2 years (daily)
Marketing
10%
100.000.000
Locked for 1 month, released over 2 years (daily)
Strategic Acquisition
15%
150.000.000
Locked for 1 month, released over 2 years (daily)
Gamepad Funding
15%
150.000.000
Locked for 6 months, followed by 18 months vesting schedule
Liquidity Reserve
8%
80.000.000
Will be used according to liquidity needs in DEX and CEX
The core team
15%
150.000.000
Locked down for 12 months followed by an 18 month vesting schedule
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