Oneto11, a blockchain gaming company, is planning a global expansion targeting Latin America (LATAM), Southeast Asia, and Africa in order to attract more users. Currently, it has a gross merchandise value (GMV) of over $15 million, with 4.5 million users.
“Launched in 2021, OneTo11 has made tremendous strides in tapping global markets — scaling the company from zero to a staggering $10 million with millions of users hailing from enormous markets such as the US, Europe, and the Middle East. OneTo11’s diverse user base, spanning 168 countries and ranging from 18 to 65 years old, witnesses a staggering 81,000 daily active users during peak events, with over 7.3 lakh monthly active users – further reinforcing the platform’s global appeal,” according to a statement.
Through a multidimensional approach, Oneto11 aims to expand its gaming library with6 more games over the next year, while also developing ed-tech products through gamified games to attract the academic spectrum – further broadening the learning horizons for school children.
Ravindra Kumar, co-founder and CEO of OneTo11, said, “OneTo11’s success has been a result of our team’s commitment to reimagine offerings in the online-gaming space, with a focus on leveraging technology as a key differentiator – including our blockchain based architecture, and leveraging support blockchain networks like HEDERA, Polygon, and BNB Greenfield etc – which greatly optimizes our platform, and significantly enhances the user experience.”
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first published: May 14, 2024, 14:09 IST