Authored by: @hetty-rowan

The Home of the Crypto?

Reluctant to the Metaverse

Which one of you is serious about the Metaverse yet? Is anyone actually actively working on the Metaverse? Or are you, like me, very reluctant to do so? I don't know, I'd love to hear from you!

But regardless of whether I myself am reluctant or not to plunge myself headlong into the Metaverse. I am very curious about it! And that brought me into a project that developed their own "Home of the Crypto". At least, according to their own words! Whether I, we, agree with that, will have to be seen later.

Here on Hive we have Utopis, obviously derived from Utopia! And our Utopis gives us the opportunity to earn passively through dividends. But in The Home of the Crypto it is also possible to earn passively. Bloktopia makes it possible in their Metaverse, "The Home of the Crypto"! Well, it is not completely passive, you will have to do something for it every day, but it is possible to earn free BLOK every day.

Let's take a look at what Bloktopia is. Because it is clear that it is a Metaverse, but what else does it do. What does the team want to achieve with Bloktopia. Have you become curious? Then read on quickly!

What is Bloktopia?

Bloktopia, is a skyscraper. And this skyscraper has 21 different levels. As you will understand, 21 was not chosen entirely by chance. As real crypto connoisseurs, you also know that there can be a maximum of 21 million Bitcoin. However, creating 21 million different levels is a bit overdone. So a compromise has been made with 21 different levels.

Bloktopia's decentralized metaverse is built on Polygon (MATIC) and is also financially backed for Polygon. Polygon is the most widely used layer 2 solution today. Bloktopia has chosen this because of the EVM compatibility. This allows low transaction costs and a high transaction speed. Another reason for Bloktopia to choose Polygon is that the user experience is of a high quality.

How can we best describe the Metaverse of Bloktopia? It is a bridge between the physical and virtual world, which includes space for digital art, real estate and advertisements. Due to the low transaction costs of Polygon, trading with NFTs is a much more attractive experience compared to trading with NFTs on the Ethereum network.

Bloktopia REBLOK and passive income

When you buy real estate in Bloktopia, it is called REBLOK. And as a Bloktopian, this option is available to you. It is also possible to rent out the property you have purchased, and there you have already found a first opportunity to earn a passive income with your investment. But this is not the only way to create passive income. You can also have your building used by advertisers and receive money because they can place a large billboard on your building. Lucrative, innovative and the possibilities seem endless. A less passive way, but certainly one that should not go unmentioned, is of course trading real estate, on the Bloktopia marketplace.

Marketplace

This is also the place where you can rent out your real estate to others. When you own real estate in Bloktopia, you can also vote on various topics. Bloktopia is decentralized, which means that the owner of the relevant real estate NFT can exercise his voting rights.

Once you have bought real estate on the marketplace, you can arrange it entirely according to your own wishes. Do you have a business? Then turn it into an online store! Here you can also share the latest news about your company. You can see the first floors of Bloktopia as a kind of virtual shopping center.

Bloktopia ADBLOK
Advertising is perhaps the most important revenue model for real estate investors. Bloktopia works with big brands, who want to advertise in the metaverse of 21 levels. Part of this advertising revenue goes to the NFT holders of the real estate, where the billboard is located.

The price an advertiser pays for its ads depends on its location. For example, billboards on level 1 will be the most profitable for the property owner, because every visitor enters the skyscraper through this level. As a result, the visitor numbers on this floor are higher, which means that the price will also be higher.

The 21 floors of Bloktopia

The Bloktopia skyscraper therefore consists of 21 different levels, as I mentioned in the beginning. But do these levels also have different functions, you might ask yourself? Logically, every user of this metaverse enters the building via level 1. Advertisers often have to pay more than 1 million BLOK for advertisements on this floor.

The ad that is pontifically in the middle even costs 3 million BLOK. This has been converted to USD about $131.832 (price quoted on January 7, 2022). Large parties are located on this floor. In total there are 21 large totem columns and 84 small totems, limiting the space to advertise. Some examples of advertisers located at level 1 can be found below:

• Elrond (EGLD)
• Jake Paul
• BitBoy Crypto
• DuckDAO
• Polygon
• kucoin
• Binance
• Animoca Brands
• Avalanche (AVAX)
• Collateral
• Travala.com
• DEX Tools
• Polka Starter (POLS)

Broadly speaking, all floors look the same. The first floor has a different entrance, but is otherwise identical to floors 2 to 5. Floors 6 to 20 are almost equal to each other. Here are the play areas and the auditorium. However, the top floor, the penthouse on floor 21, is completely different in terms of layout and a lot smaller.

Bloktopia's coin: BLOK

Bloktopia's token is called BLOK and is tradable on both decentralized and centralized trading platforms. Besides trading BLOK, you can also choose to discontinue BLOK or use BLOK in Bloktopia.

Thus, the token will be needed to buy real estate or other items in the marketplace. This makes the token necessary within the ecosystem. In addition to buying real estate, it also becomes possible to use BLOK for real estate leasing.

In addition to the above uses, with BLOK you can also gain access to exclusive events and participate in interesting pre-sales. This will be done via the Bloktopia Investment Tank, or BLOK-BIT.

Bloktopia Strike

Discontinuing your BLOK is used to keep the Bloktopia network safe and user-friendly. And for staking your BLOK you will receive extra BLOK tokens again. Bloktopia has several pools where you can stake BLOK. These pools often appear to have a temporary character, as several pools have already been closed. The good news is that new pools are also being added!

At the moment (January 2022) there are three pools available, where you can lock your BLOK tokens. Your tokens will remain in the pool for a certain amount of days, with different percentages as rewards.

Tokenomics

In total there are 200,000,000,000 BLOK tokens. Of this enormous amount, 55% is owned by the Bloktopia project, team and advisors. In addition, 25% is reserved for discontinuing BLOK. The remaining 20% ​​has been released in various ways and is intended for trading the token.

Where can you buy BLOK?

The Bloktopia coin is currently included in the range on about 10 different exchanges. Among these various options are some reliable platforms that are quite well known among investors. For example, you can buy BLOK from Kucoin, OKEx and Gate.io, among others.

The team behind Bloktopia

Bloktopia is a company that currently consists of a small team. The team is currently expanding. For example, additional team members were added to the team in the autumn of 2021. Despite this, the team remains quite small. This can be seen as a disadvantage for a project with such big plans, but it could also be a positive for communication and collaboration.

Ross Tavakoli

The CEO and co-founder of Bloktopia is Ross Tavakoli. He has been active in the crypto world since 2015. His goal is to make Bloktopia the 'home of crypto'. The project originated from his vision and thanks to him the current team was put together.

Paddy Carroll

In addition to Tavakoli, there is another co-founder named Paddy Carroll. Carroll is a highly experienced marketer, having worked for companies such as Sky and BT Group. So it's no surprise that Carroll is responsible for marketing.

Simon Benson

The Tech Leader is Simon Benson. For more than 25 years, Benson has been actively involved in commercial and technological development, at several large companies. Benson has worked for Sony, among others, and is one of the pioneers in the field of 3D console gaming. The Chief Information Officer (CIO) is Libby Rothwell. This lady has over 15 years of experience in commercial partnerships and the film industry. She has worked on major film events such as the American Film Market (AFM) and Cannes.

Bloktopia on social media

When you look at the number of followers of Bloktopia, you can quickly discover what the trend is in cryptoland! Bloktopia has hundreds of thousands of followers on various social media channels, who like to stay informed about the very latest news about the metaverse project.

Most Bloktopians can be found on Twitter. Here the team shares updates and interesting retweets, which obviously a lot of people like to want to know more about it. More than 300,000 people follow Bloktopia, an unprecedented number for a project that is not yet in the top 200 in terms of market cap.

A lot of followers are also reached via Telegram. After Twitter, this is the most used channel by followers. More than a ton of followers are reached here. In addition, you can also follow the latest news about the project via Instagram, Medium and Reddit, where more than 20,000 people receive the latest news about Bloktopia.

Popularity Bloktopia (8th January 2022)

• Twitter: 325,464 followers
• Telegram: 125,368 followers
• Instagram: 6,230 followers
• Medium: 13,620 followers
• Reddit: 4,206 followers

Critical note

Every crypto project has its pros and cons. Bloktopia is no exception to this. Bloktopia, for example, has to deal with fierce competition. Due to the unprecedented popularity of the metaverse, many developers are developing metaverse related projects.

Of course, the metaverse projects have different features and benefits, but there are platforms that are very similar to Bloktopia. For example, Metamall is seen as a direct competitor. Despite the differences, most metaverse projects remain in competition with each other. Just as the NFTs in the metaverse are scarce, so are the available assets and the users active in the metaverse.

Another risk is the age of the project itself. Bloktopia was started in 2021 and consists of a small team, which consists of a mix of experience and less experienced in the metaverse/blockchain area. The experience and size of the team can be a threat to Bloktopia. For example, it can happen that staffing problems arise when the platform grows too fast. These issues can have negative effects on usability, pushing users to look a virtual door further.

Conclusion

The developments surrounding the metaverse are still at a very early stage. In particular, the virtual reality metaverse projects, such as Bloktopia, are very new. This gives both hope and uncertainty for the future. When you decide to invest in Bloktopia, the returns can be very high, but so is the risk! Therefore, do good research before investing in a crypto project.

Besides the brilliant metaverse, Bloktopia has more to offer investors and users of the platform. For example, there are several options for earning passive income in Bloktopia. You can stake BLOK, but also make money by having ads on your property. And interesting for everyone who wants to take a look, but does not want to invest yet ... with BlokParty there is a daily opportunity to earn free BLOK.

These options can move investors to Bloktopia, allowing the adoption of the project to take shape more and more.