Categories: Market

What is Bloktopia (BLOK)? One of the biggest Metaverse projects

The blockchain platform Elrond recently signed a significant partnership with Bloktopia, becoming one of the newest crypto companies to join the Metaverse. Plus, with the decision to rename it to Meta, even Facebook claims that new technologies will help people communicate better and we are entering a new generation internet era.

For several years now, large companies have been claiming to use blockchain as innovative and future-oriented. Today, the industry sees a multitude of self-affirming platforms that are scalable, fast, secure, and developer-friendly. Therefore, companies have to find other ways to stand out in the face of tough competition.

Interdisciplinary partnerships can make a difference and deliver innovative things. For example, when previous blockchain projects integrated the IoT, they have always been greeted with enthusiastic interest by investors, entrepreneurs and users alike.

New services must be useful to the community and make it easy for companies to adopt or test new ideas so that they can be competitive and successful.

Metaverse is the trendThe latest trend in crypto

The COVID-19 crisis has raised an urgent problem to accelerate the establishment of new communication paradigms. Metaverse is a new virtual world where people can share amazing experiences with others even when they can’t be together. Metaverse will allow people to do many things together that they cannot in the physical world, and it looks like an inevitable reality in the future.

The international research firm Strategy Analytics has forecast that the global Metaverse market could reach a value of 280 billion US dollars by 2025.

Metaverse is usually depicted in high-tech urban environments and is created by the convergence of Virtual Reality (VR) and Augmented Reality (AR). This digital universe can support social connections, entertainment, games, fitness, work, education and commerce to create a true internet in which everyone can interact and participate. So don’t just watch it passively.

Let’s find out what the partnership with Bloktopia means and what this promising future project is all about.

Collaboration between Elrond and Bloktopia

As a tenant in Bloktopia, Elrond’s virtual headquarters will be on the 1st floor, which is considered a prime location as all players appear there by default. Elrond is allowed to display up to one custom lounge, and content such as crypto ecosystem functions or documentation is provided in a virtual location.

BD Daniel Serb from Elrond recently announced in a blog post:

“We are still exploring other technical integrations with Bloktopia, such as bridging part of the BLOK offering in the form of ESDT tokens to give Elrond users easier access to Metaverse VR and to allow NFT Bloktopia in the NFT marketplaces on Elrond buy blockchain. ”

What is bloktopia?

Bloktopia is described as a 21 million story VR skyscraper celebrating 21 million bitcoins. Blocktopia offers an unparalleled virtual reality experience that aims to be the entertainment hub for all levels of the crypto experience.

High tech tower rising from a doomed world and relying on the NFT economy enables entrepreneurs to own land and develop it into virtual real estate, with advertisements and events creating opportunities for users to make money to earn.

Cryptocurrency, blockchain technology, VR, AR are combined to create a decentralized hub for future entrepreneurs, investors, players and developers.

Bloktopia is developed on the Polygon Network and developed by the founders of Sony Playstation VR using the cross-platform game engine Unity. Bloktopia enables visitors to gain basic or advanced knowledge, generate income, play games with friends, network and much more.

Bloktopia is like a mall with stores of different types and types of businesses where projects, exchanges, KOLs or crypto brands present important content and messages.

Bloktopia participants are BLOK token holders and members of Metaverse Bloktopia. For the first time, users have access to crypto information and engaging content in one place.

Bloktopia attendees will be able to learn, play, and earn through property ownership, advertising, etc. Powered by the world’s most advanced real-time video game engine, 3D Creation Engine, Bloktopia will leverage this technology to create stunning graphics and user experiences .

Spatially Metaverse by Blocktopia will include features that BLOK token holders can buy and manage.

Learn, Earn, Play and Create: The Four Pillars of Metaverse Bloktopia

Research: Bloktopia will be the hub where users can learn more about the crypto world, with many challenges to explore.

Earn money: Bloktopia users have many ways to make money by buying and even speculating on real estate and then reselling or renting it for a profit. In addition to this, they can also make passive money, staking, and income from advertising.

Game: Users can relax, have fun, socialize, and compete with friends through the interactive virtual reality world from the first person.

Creative: With a simple builder, users use their creativity to create landscapes and works of art, and even attend events to win prizes.

Tokenized Decentralized VR Cryptocurrency Skyscraper

Holders use BLOK tokens to purchase NFTs that represent ownership of REBLOK and ADBLOK.

Buying property in Bloktopia is known as REBLOK and can be done as a sole proprietorship represented by a single NFT or as jointly owned by multiple NFTs.

Owners can also rent REBLOK for events or long-term rentals, just like real-world real estate. The best locations include the 1st, 6th and 21st floors. The land sales portal will be available shortly. Meanwhile, CoinMarketCap, Binance and Kucoin have also recently created virtual offices in the prime location of the Bloktopia skyscraper.

ADBLOK is the source of income from advertising on Bloktopia. Generating hype and reputation for Bloktopia brand partners through length of stay and view rate provides a valuable perspective for advertisers. Part of this advertising fee is distributed to BLOK token holders.

According to a recent study, 90% of Bloktopia visitors are men between the ages of 18 and 34. They have a keen interest in crypto, NFT, and earn between $ 20,000 and $ 50,000. They heard about cryptocurrencies through news channels and focused on the markets in the US, Asia and the UK.

Minh Anh

According to Coinmarketcap

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Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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