In this article, we introduce a new collaborative model that merges blockchain technology with virtual reality. The Bloktopia project and its native token, BLOK, are the results of this integration, which we will explore in detail.
The digital world, or metaverse, serves as a bridge between reality and virtual space. According to research by Strategy Analytics, the metaverse market is projected to reach $280 billion by 2025. Major companies like Facebook are seizing the opportunity to launch their own metaverse platforms. Meanwhile, emerging gaming and entertainment companies like Bloktopia are leveraging this digital world technology to create unique user experiences.
However, Bloktopia is not just an entertainment hub. It offers users the opportunity to earn money through real estate purchases and advertising. In this article, we will cover:
What is the Bloktopia Metaverse?
How does it work?
Understanding the BLOK token
Project roadmap, collaborations, and development team
How to buy and store Bloktopia cryptocurrency
Bloktopia is a virtual skyscraper consisting of 21 levels, symbolizing the 21 million Bitcoin supply cap. Investors in the BLOK token are known as Bloktopians, and they gain access to cryptographic information and immersive content all in one place.
Bloktopians can earn money through various avenues, including real estate ownership, advertising, gaming, networking, and NFTs. The BLOK token is essential for buying and selling properties within the Bloktopia network. Holding this token grants access to exclusive events, presales, and staking opportunities. The platform operates under a governance model, where holders of Reblok NFTs form part of the governing council.
Bloktopia was founded by Ross Tavakoli (CEO) and Paddy Carroll (Chief Marketing Officer). Ross, with expertise in retail investment, and Paddy, leveraging his experience in marketing strategies, have created this next-generation decentralized metaverse. Their goal is to reshape the future of blockchain gaming.
Other key team members include:
Simon Benson (Chief Technology Officer) – Over 25 years of experience in software development, leading the technical side of the project.
Libby Ratwell (Chief Information Officer) – Manages the crucial networking aspect of the business.
This team is dedicated to building a crypto ecosystem where users can learn, earn, create, and play.
The metaverse is a bridge between the real and virtual worlds—a decentralized, open-source digital space. The concept gained significant traction with the COVID-19 pandemic, as people sought ways to share experiences remotely.
In this virtual world, cryptographic protocols facilitate the management of digital assets like art, real estate, and advertising spaces. Bloktopia NFTs are key tools for fast and cost-effective transactions.
Currently, platforms like YouTube, Telegram, and Crypto Twitter distribute scattered information across the crypto industry. Bloktopia aims to centralize knowledge by creating an open-source hub where users can learn together.
According to Zion Market Research, the global augmented and virtual reality market was valued at $26.7 billion in 2018 and is expected to grow to $814.7 billion by 2025. Bloktopia offers numerous earning opportunities to its users.
After its Initial DEX Offering (IDO), Bloktopia’s virtual real estate will become available for purchase. Within this digital world, users can connect, play games, and immerse themselves in virtual reality experiences.
Bloktopia's metaverse is not yet fully launched, but according to its Litepaper, it is built on four pillars:
Learning
Earning
Playing
Creating
Think of Bloktopia as a massive educational center where users can learn about blockchain technology and cryptocurrencies.
Earning opportunities include purchasing virtual real estate known as BLOKS. Owners can:
Sell their properties
Rent them out long-term
Lease them for short-term events
Initial locations include floors 1, 6, and 21, which will be available for purchase soon. Passive income opportunities also exist through advertising and staking BLOK tokens. The Bloktopia website has introduced six staking pools, offering 20-60% annual yields, though they are not yet active.
Bloktopia also provides tools for user interaction, gaming, and digital content creation. Developers can use SDKs (Software Development Kits) to create games, social applications, and interactive events.
REBLOK NFTs represent real estate ownership within Bloktopia.
Properties can have single or multiple owners.
ADBLOK NFTs generate revenue through advertisements within the metaverse.
A portion of advertising profits is distributed to BLOK token holders.
Brands, companies, and influencers can advertise and monetize their presence in Bloktopia.
Both REBLOK and ADBLOK NFTs can be purchased using the BLOK token, and all BLOK tokens used for real estate sales are burned, reducing total supply by 22%.
Users can stake BLOK tokens to earn passive income. Investors can also buy and sell BLOK tokens through both centralized and decentralized exchanges.
Bloktopians can purchase NFT-based items to customize avatars and virtual properties.
The BLOK token is the native currency of Bloktopia, required for:
Purchasing and renting real estate
Buying NFT marketplace items
Accessing exclusive events, presales, and staking rewards
Bloktopia is also developing a governance token, BLOKG, allowing holders to vote on platform decisions.
The BLOK token is listed on several exchanges, including:
KuCoin
Gate.io
Unlike mainstream cryptocurrencies, BLOK cannot be purchased directly with fiat currency. To buy BLOK:
Purchase Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), or USDT from an exchange.
Transfer these assets to an exchange that supports BLOK trading.
Bloktopia has announced its own multi-chain wallet, the Bloktopia Wallet, launched on November 1, 2021. It supports:
Polygon, Bitcoin, Ethereum, and Binance Smart Chain
ERC-1155 NFTs
Two-factor authentication for security
Until additional wallet options are confirmed, users can store BLOK tokens in MetaMask, which supports staking via Bloktopia’s pools.
At launch in mid-November 2021, BLOK traded at $0.0042. It reached an all-time high of $0.17in November 2021 before declining, but still remained above its initial price.
Bloktopia combines blockchain, cryptocurrency, and virtual reality to enhance user experiences. The BLOK token is central to earning and participating in the ecosystem.
To invest in Bloktopia, you must acquire BTC, ETH, or BNB, convert them to BLOK, and store them in a secure wallet. As the metaverse grows, Bloktopia aims to be a leading virtual economy for learning, gaming, and digital real estate.
