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Blockchain OneTo11 Gaming App Snatch $2.5M From Oracles Investment Group and Others






Blockchain Gaming App OneTo11 Snatches $2.5 Million From Oracles Investment Group and Others | VCCircle























Blockchain OneTo11 Gaming App Snatch $2.5M From Oracles Investment Group and Others



Photo credit: 123RF.com

ONETO11 Pte Ltd, which runs the OneTo11 blockchain-based gaming platform, said it had amassed $2.5 million (about Rs 18 crore) in seed funding from a group of investors including Oracles. Investment Group, Maximus Capital, GDA Capital, Magnus Capital, NFT Technologies and Dutch Crypto Investors among others.

The company plans to use the new funds to expand its global reach. It also plans to add high-quality games, designed specifically to meet the needs of gamers around the world.

“Our marketing strategy and user acquisition is based on organic growth where existing players on the platform invite their friends and community to OneTo11, ensuring a continuously growing user base without having to invest in the paid advertising,” said Manasvi Singh, CMO and co-founder. , OneTo11.

Founded in 2020 by Singh, Ravindra Kumar, Tirath Chand Sharma, and Anirban Chatterjee, the gambling platform claims to offer a collection of multiple gambling apps with an inbuilt wallet and a native token.

The company also aims to integrate blockchain and non-fungible token (NFT) trading to generate monetary value for gamers.

OneTo11 in a statement claimed to have over two million registered users and facilitated 18 million transactions in the 15 months since its launch.

It is considering the first public sale of its 1TO11 governance token and NFT market.





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Copyright © 2022 VCCircle.com. Property of Mosaic Media Ventures Pvt. ltd.