December 10-th held an Ask Me Anything session at ICO Speaks telegram chat. From the First Eleven side there was:
Before we go to the first set of questions, could you please do a short self-intro?
William | Сhief adviser & CEO | @williamdevelop
I am tech leader, also the CEO of meta factory – an official partner of the F11 project. With William’s leadership, we have successfully led multiple projects to success in the past
Arounen Murdhen | Project Leader | @arounen
Hello everyone, my name is Arounen. I’m the project leader of the First 11 token. I’ve had experience in managing other crypto and NFT projects in the past. The 2 co- founders of our project are Kaz and Zac. They both had a great track record in football and have a massive connection both on and off the pitch
Let’s get started!
Q: How did you guys come up with this idea of setting up First 11?
A: So the idea of F11 came from the co-founders Kaz and Zac who had a vision to bridge Football and blockchain technology. They have seen that many clubs failed in keeping their teams and fans engaged with each other. So they came up with the concept of F11 to keep up the engagement and also help the community to contribute towards the growth of footballers through the F11 foundation.
First 11 is the place to be for football enthusiasts. The platform allows you to live the dream of every football fan by holding a unique piece curated by your favourite football player.
Kaz and Zac both wanted to create an experience for the fans
Q: Tell us a bit about the team? I’m pretty sure our community would want to learn a bit more about the team behind this project. It’ll certainly give them some confidence.
A: The $F11 team consists of developers, marketers and community managers who have massive experience in the cryptocurrency and NFTs industry and in the football industry. The team possesses a synergy and work in this fast paced environment to ensure that progress is always being made in all facets of the First 11 project. The team has worked on numerous successful projects equipping them with the knowledge and experience to make a feat out of First 11. The key members of the team are:
Kaz Patafta – Co-Founder;
Zac Anderson – Co- Founder;
Triston Soo – Advisor;
William Wang – Tech Leader;
Muhammad Jawad Ul Hassan- Lead Blockchain Developer;
Arounen Murdhen – Project Leader
Both of our founders are ex- professional footballers
Kaz later on also became a corporate lawyer advising corporations and football clubs on legal matter especially in the ICO and crypto space for companies in this field.
We do have an amazing team of community managers that are accompanying us throughout this journey
Q: First 11 has impressive partnerships as we all know. Do you mind sharing a bit more about the role of each partner in this project?
A: Firstly First Eleven is partnered with Meta Factory, which is where my team stands from, we support in tech development, and advisory, as well as to support in operation of this project
The partners include Meta Factory, First 11 Capital and Meta Shiba ($MSHIBA)
Meta factory is an entity that helps with the development of projects and has successfully led projects in the past. The company boasts itself of 20 developers out of which 8 are fully dedicated to the development of $F11. They also have several community managers who assist in the marketing of the project
First 11 Capital is a forward thinking capital solutions firm by Kaz and Zac. They provide support with their wide connections in the market
We are also working on a partnership with clubs and top players around the world, and helping them in launching a successful NFT collection project through First Eleven Launch Pad platform, and also to help them build on additional utilities for these NFTs constantly to evolve.
We have many partners
Q: Why don’t you tell our audience a bit more about the influencers? Maybe they can get a peek into what’s coming next?
A: The F11 team has a lot of connections in the football world due to the fact that the co-founders Kaz and Zac are heavily involved in that industry
We’ve had several players posting about us: Liridon Krasniqui, Aaron Evans, Luke Brattan, Soukaphone, Acton just to mention a few
At the moment, we are in talks with several clubs for partnerships and onboarding with First 11It’s just a matter of time before we reveal these partnerships to our community!
We are very close with 2 clubs. We’d definitely love to keep this as a surprise for our community but for sure we have some big names coming on!
But we have to keep the announcement for now
Q: We’ve all heard about NFTs. One question that many members of our community must be having is how are First 11 NFTs different from other NFTs? What makes them special?
A: F11 NFTs consist of collections of NFTs rolled out by famous football players. Each NFT has a different rarity and is curated by the footballer. The rarer an NFT, the higher it will be priced at by the seller of the NFT. Initially, members of the F11 platform will need to whitelist themselves for a particular collection and post payment, they will be allocated a random NFT whereby the NFT is not revealed yet. Post launch, they’ll be able to discover what their NFTs are. To increase their chances of winning the rare pieces, they will need to purchase more hidden NFT cards. NFTs transform digital and physical works and other collectibles into one-of-a-kind, verifiable assets that are easy to trade on the blockchain. By holding one of the NFTs curated by your favourite footballer, you have the bragging right of being the sole owner and enjoy the perks that come together with the NFT.
Make sure to be the first to grab those NFTs at release since we’ve got a lot of fans dying out there waiting to grab that much sought digital image or t-shirt of our football stars!
These are not your usual NFTs. They carry perks with them! Different collections have different perks attached to them.
Q: Tell us a bit more about the vote to earn concept? You’ve mentioned about simply telling whether a team will win or draw can earn people money. What’s the vision behind it?
A: We have seen with many Fan tokens project in the past that the hype is all about the launch of the token and as time passes buy the hype dies out. The fans are no more engaged. Many projects give voting rights to fans to vote on some aspects of the club
But let’s be honest. You can’t change the colour of a club’s jersey. Manchester is always going to be red.
Hence, we’ve seen that the fan engagement is no more there. With the vote to earn concept, we want to keep the hype going. Fans live for the hype, for the thrill of watching the livescores and mostly for the fun of guessing who the winner will be.
The vote to earn concept has as aim to keep our community active and engaged in the game while earning in the process. That’s how we came up with the vote to earn concept for our project.
Q:Ambassadors play a very important role in every project, Do you have an ambassador program? If yes, how can I be one ?
A: We do have many footballer ambassadors. F11 is a community project and any member of the community is an ambassador. Want to be an ambassador? Just spread some words about our project!
Q: Where can I buy your tokens right now, what is your current contract and how can I buy them? Will you have any other DeFI features like staking, yield farm or NFT in the future?
A: You can buy from uniswap at the moment. We will be launching our BSC bridge on the 12th of Dec at 12pm UTC
You’ll be able to then buy on pancakeswap
Q: Most people judge a project by its token price. So, what is your plan to maintain the token price? Will there be some kinds of burning/buy-back program?
A: We do have regular burn events with 0.5% of all F11 related transactions being burnt. In order to constantly have healthy charts, we are working with call groups and have a marketing strategy in place
Q: Southeast Asia is a very vibrant market and there are many new platforms under development. So what do you think about Southeast Asia and do you have plans to grow there?
A: We are constantly scouting the SEA market. We are in talks with several clubs. Stay tuned for more announcements. Join the F11 community!
Q: What is your strongest advantage that you think will make your team leading the market?
A: Our team definitely.
We have a team that covers all angles.
Our two founders both are ex-professional footballers
And also Kaz is a lawyer that covers the legal aspect of this project in terms of crypto and commercial rights with footballers and clubs.
Me , with Metafactory team, meta.ideafactory.sg , we have been in the ICO field for years, and we are familiar with the development of the different type of DApps, Game, NFT, and metaverse even, and we are here to ensure the project has the development capacity.
Q: So many projects just like to speak about the “long term vision and mission” but what are your short terms objectives? What are you focusing right now?
A: Our short terms objectives are those reflected in our project roadmap. Development of the F11 app, partnerships with clubs and league officials and rolling out of NFT collections. We also have the F11 foundation that aims at helping underprivileged talented footballers to achieve success
Q: Most of users are still not aware with Blockchain & its related projects ! So, How Your Project platform create awareness about their project with NON-CRYPTO users too?
A: We do understand that, which why we have a section on our website on how to buy $F11 in few simple steps
Q: Is your project only for English speaking countries or is there a community for other language users?
A: We do have an Indonesian community and a turkish community in place. As the demand for communities in other languages grows,we will be setting up those different communities!
Q: Currently a lot of people are looking at NFTs, metaverse, and games. Can you tell me what advantages will you have in this field future?
A: We actually have a combination of both.
First Eleven by itself is going to focus on NFTs, but we are also constantly innovating and exploring different possibilities of an NFT.
That is why we have collaborations with metaverse projects such as Mshiba , and also others to come.
Because we are looking at the possibilities of bringing these footballer NFTs into a 3D metaverse world with a 3D representation, and also a possibility of adding advertising potential into its utility.
Q: Is your platform suitable for crypto beginners? Or does it only limited for professional users ?
A: We cate for all crypto users. F11 is here to create an experience. We are here to be the bridge that unites football and cryptocurrency enthusiasts
Q: How did you build an ecosystem of users, partners, and content creators, bringing best-in-class digital services to emerging markets?
A: Our co-founders have a huge connection in the football world since they were both professional football players. Meta Factory which is an official partner of F11 bringing in the state of the art tech infrastructure.
Q: Did you consider community feedback/requests during the creation of your product in order to expand on fresh ideas for your project? Many projects fail because the target audience and clients are not understood. So I’d like to know who your ideal consumer is for your product?
A: For sure. We always consider the feedback of our community members. Our roadmap is here to give a sense of direction to the project. As the project evolves and we get more feedback, we will definitely be taking them into consideration
Q:Can you tell us about your team members? are they qualified and professional in their fields? what are the recruiting qualifications for team members for your extraordinary project?
A: Our team members have experience across the football and blockchain industry. We’ve got all the areas covered to make this project successful!
F11 is here to create an experience for all football and crypto enthusiasts
ICOSpeaks hosted an AMA Session with the First Eleven Team. That’s all for today.
Thanks to all users who participated.
Thanks, First Eleven for being with us
Thanks, all and see you soon😉
Wanna know more?
Take a look at our other ama sessions