First Eleven: A Digital Interaction and NFT Collectibles Platform for Football Fans

What is First Eleven

Friends, imagine if you’re a passionate football fan and wish you could get more deeply involved in the world of football you love, rather than just watching matches—wouldn’t that be amazing? First Eleven (F11 for short) is a blockchain project dedicated to making this dream come true. It’s like a digital football paradise tailor-made for football lovers worldwide, blending the latest football news, match data, interactive games, and unique digital collectibles (NFTs) so you can experience football in a way you never have before.

Simply put, First Eleven is a digital marketplace and platform that lets football fans experience every aspect of the football world, including live scores, schedules, news, and exclusive NFT collectibles of your favorite players and clubs. It’s not just an app—it’s a vibrant community for football enthusiasts.

In this paradise, you can use F11 tokens to participate in various activities, such as voting on match outcomes (known as “Vote-to-Earn”), predicting which team will win or draw, and if your prediction is correct, you have a chance to win NFTs and prizes. You can also join the F11 Fantasy Champions League, create your own virtual team, and even pay for medical services or skill upgrades for your virtual players.

Project Vision and Value Proposition

The core vision of First Eleven is to connect football with blockchain technology, providing football fans with an unprecedented immersive experience.

The main problem it aims to solve is that many football clubs don’t do enough to maintain interaction between teams and fans. By introducing blockchain and NFTs, F11 seeks to optimize fan engagement, allowing fans to be more than just spectators—they can truly participate in the football ecosystem.

First Eleven’s value proposition lies in its unique combination:

• Deep integration of football culture and Web3 technology: It’s not just about providing football information, but also giving fans unique digital assets through NFTs (non-fungible tokens, which you can think of as one-of-a-kind digital collectibles on the blockchain, like digital art, player cards, etc.), such as portraits of legendary players, iconic moments, super fan badges, and even digital versions of famous players’ jerseys and boots.
• Innovative “Vote-to-Earn” model: Encourages users to earn rewards by predicting match results, increasing interactivity and fun.
• Community-driven and social responsibility: The project plans to establish the “First 11 Foundation” to provide talented but underprivileged young footballers with opportunities to train under elite coaches, reflecting the project’s sense of social responsibility.
• Multi-functional platform: In addition to NFTs and games, it also plans to launch a Launchpad, allowing fans to contribute to the development of their favorite clubs and even earn fan tokens of teams listed on the Launchpad by staking F11 tokens.

Technical Features

Technically, the First Eleven project mainly relies on existing mature blockchain platforms:

• Multi-chain deployment: The F11 token was initially issued as an ERC-20 token (the technical standard for issuing fungible tokens on the Ethereum blockchain) on the Ethereum network. Later, to improve transaction speed and reduce costs, it was successfully bridged to the Binance Smart Chain (BSC). This means F11 tokens can circulate between these two blockchain networks, providing users with a more flexible and convenient trading experience.
• Smart contracts: Core project functions such as NFT minting, trading, voting mechanisms, and token staking and reward distribution will all be implemented through smart contracts (code stored on the blockchain that automatically executes protocols when preset conditions are met).
• Decentralized features: As a blockchain project, F11 leverages the decentralized nature of blockchain, theoretically offering greater transparency and security, and reducing reliance on a single centralized entity.

Since F11 tokens run on both Ethereum and Binance Smart Chain, they inherit the consensus mechanisms of both blockchains. Ethereum currently uses the Proof-of-Stake mechanism, while Binance Smart Chain uses the Proof-of-Staked Authority mechanism. These mechanisms together ensure the network’s security and stability.

Tokenomics

The native token of the First Eleven project is F11, which plays a crucial role throughout the ecosystem.

Token Basics

• Token symbol: F11
• Issuing chains: Ethereum (ERC-20) and Binance Smart Chain (BSC)
• Total supply: 2,000,000,000,000,000 (2 quadrillion) F11
• Burn mechanism: At project launch, half of the total supply will be burned, i.e., 1,000,000,000,000,000 F11.
• Current and future circulation: According to the project’s own data, the current circulating supply is 1,000,000,000,000,000 F11.

Token Utility

The F11 token is the core fuel of the First Eleven platform, with multiple practical functions:

• Voting and rewards: Users need F11 tokens to vote on match outcomes and have a chance to win NFTs and monetary rewards.
• Game participation: Participate in the F11 Fantasy Champions League, pay for in-game services such as medical services for virtual players, create NFT avatars, upgrade skills, etc.
• NFT marketplace trading: F11 tokens are the main medium of exchange in the NFT marketplace, used to buy and sell exclusive NFT collectibles.
• Staking for earnings: F11 holders can stake (lock cryptocurrency in the blockchain network to support its operation and earn rewards) their tokens to earn fan tokens of their favorite teams listed on the Launchpad.
• Supporting club development: Through liquidity pools (pools of crypto assets locked in smart contracts to facilitate decentralized trading) on the Launchpad, fans can use F11 tokens to provide financial support to clubs.

Token Allocation and Unlocking Information

• Team allocation: 5% of the total F11 supply will be reserved for the F11 team.
• Promotion purposes: 10% of the total F11 supply will be reserved for promotional purposes (e.g., for influencers).
• Transaction taxes: Each F11 purchase incurs a 6% buy tax, and each sale incurs a 9% sell tax. These taxes are used for team marketing and project development.
• Holder rewards: 0.5% of all transactions will be redistributed to F11 token holders to reward their support for the project.

Team, Governance, and Funding

Core Members and Team Features

The First Eleven team is made up of professionals with extensive experience in cryptocurrency, NFTs, and the football industry.

• Arounen Murdhen: Project lead, experienced in managing other crypto and NFT projects.
• Kaz and Zac: The project’s two co-founders, with rich experience and broad connections in the football world. They proposed combining football with blockchain technology to address the lack of interaction between clubs and fans.
• William: Chief advisor and CEO of Meta Factory (official partner of the F11 project), with strong experience in technical leadership and project success.
• Muhammad Jawad Ul Hassan: Lead blockchain developer, skilled at turning ideas into smart contracts.

The team includes former professional footballers, developers, marketers, and community managers, all committed to driving the project forward in a fast-paced environment.

Governance and Funding

Currently, public information does not detail the specific governance mechanisms of the First Eleven project (e.g., whether it uses a DAO or other decentralized governance models) or the treasury and funding operations.

Roadmap

Since its launch in 2021, the First Eleven project has made some progress and mapped out future development directions.

Historical Milestones and Events

• 2021: Project launch, F11 cryptocurrency released and running on the Ethereum platform.
• December 2021: AMA (Ask Me Anything) session held in the ICO Speaks Telegram group, introducing the project’s concept and team.
• Bridged to Binance Smart Chain: F11 token successfully bridged to Binance Smart Chain (BSC) for interoperability and smoother transactions.

Future Plans and Milestones

• Launchpad rollout: Plans to introduce a Launchpad, allowing players to contribute to the development of their favorite football clubs.
• Establishing the First 11 Foundation: Aims to provide talented but underprivileged footballers with opportunities to train under elite coaches.
• Launching in-app games and the F11 Champions League: Further boosting community engagement.
• Releasing exclusive NFT series: Continuously launching exclusive NFT collectibles curated by famous footballers and clubs.

Common Risk Warnings

Every blockchain project comes with risks, and First Eleven is no exception. Before participating, be sure to understand the following potential risks:

• Technical and Security Risks

  F11 tokens run on Ethereum and Binance Smart Chain, which are mature blockchains, but smart contracts themselves may have vulnerabilities that could lead to asset loss. Cross-chain bridging technology may also introduce additional security risks. Furthermore, if the project’s code is not thoroughly audited, there may be unknown security issues.

• Economic Risks

  Price volatility: The cryptocurrency market is highly volatile, and the price of F11 tokens may rise or fall sharply, or even go to zero. Currently, F11’s price is very low, and market data (such as market cap and circulating supply) lacks sufficient data verification. This means its liquidity may be low and trading risk high.

  Market acceptance: The project’s success largely depends on the acceptance and participation of the football fan community. If it fails to attract enough users, the value of its tokens and ecosystem development may be limited.

  Tokenomics risks: Although there are burn mechanisms and holder rewards, whether the token’s long-term value capture and inflation/deflation model are sustainable remains to be seen.

• Compliance and Operational Risks

  Regulatory uncertainty: Global regulations on cryptocurrencies and NFTs are still evolving, and future policy changes may impact project operations.

  Project execution risk: Delivering on the roadmap, developing new features, and maintaining the community all require strong team execution. If the project team fails to deliver as planned, it may affect user confidence.

  Competition risk: There are more and more Web3 projects in football and sports, and First Eleven faces fierce market competition.

Please note: The above information is for project introduction only and does not constitute any investment advice. Cryptocurrency investment is highly risky; please make decisions cautiously after fully understanding the risks and consulting professionals.

Verification Checklist

When researching a blockchain project in depth, here are some key pieces of information you can verify yourself:

• Block explorer contract addresses:
  • Ethereum:
    0x309c1b3282c49E4dC6796644417f8c76b7C8233C
  • BNB Smart Chain:
    0x716cBD4293AB1f7aB9C8D39e51b2685f74d18891

  You can use these addresses to view F11 token transaction history, holder distribution, and more on the block explorers (tools for viewing all transactions, addresses, and block information on the blockchain) for Ethereum and Binance Smart Chain.

• GitHub activity: No public GitHub repository link or code activity information for the First Eleven project has been found so far. For technical projects, code openness and activity are important indicators for assessing development progress and transparency.
• Official website: Although the search results mention a whitepaper and digital marketplace, no direct URL for the official website is provided. It’s recommended to look for official links via social media (such as Telegram, Twitter) or platforms like CoinMarketCap.
• Social media: Follow the project’s official Telegram, Twitter, and other social media channels for the latest updates and community discussions.

Project Summary

First Eleven (F11) is an ambitious blockchain project that cleverly combines the world’s most popular sport—football—with emerging blockchain technology (especially NFTs and tokenomics). It aims to bring football fans deeper engagement and immersive experiences through unique digital collectibles, interactive games, and mechanisms like “Vote-to-Earn.” The project team consists of experienced professionals from both football and crypto, and plans to give back to society and support young football talent through the “First 11 Foundation.”

As the ecosystem’s core, the F11 token has multiple practical uses, including voting, in-game payments, NFT trading, and staking rewards. Technically, the project has chosen dual-chain deployment on Ethereum and Binance Smart Chain to balance security and transaction efficiency.

However, as an emerging crypto project, First Eleven also faces challenges such as market volatility, regulatory uncertainty, technical risks, and market competition. Its token circulation data has not yet been fully verified by third-party platforms like CoinMarketCap, and its current market price is low—these are all potential risk factors.

Overall, First Eleven offers football fans a novel digital interactive platform, and its vision and model are quite attractive. But like all blockchain projects, it’s still in the early stages of development, and its future success will depend on the team’s execution, community growth, and ability to adapt to market changes.

Remember: This introduction is for informational purposes only and does not constitute investment advice. Before making any investment decisions, be sure to conduct your own in-depth research (DYOR - Do Your Own Research) and fully understand all related risks.