As virtual worlds become a mainstream concept, crypto-based metaverses flood the market to satisfy the needs of a technologically advanced society. Without ever needing to leave your cave, people can communicate, engage, and learn alongside other enthusiasts worldwide in a medley of augmented and virtual realities.
Whether it's the likes of Decentraland or Sandbox, the tech-savvy crowds have invested heavily into crypto-based metaverses and one such project, Bloktopia, is also gaining traction for its cyberpunk-inspired approach to the metaverse.
One of the first metaverses to go live on the mainstream market, Bloktopia turned some heads with its revolutionary under-the-roof take on a metaverse. The metaverse is based in a skyscraper and consists of 21 levels or floors, as a contribution to the 21 million Bitcoins.
Today’s round-up features an in-depth Bloktopia review aimed at offering our readers a deep insight into the sophisticated metaverse that’s partnering up with some of the biggest brands around the globe and putting themselves on the crypto enthusiast’s radar.
What is Bloktopia
Bloktopia is a metaverse built on the Polygon network and developed using the Unity engine. Developers behind Bloktopia have adopted an innovative approach to the metaverse where the whole world is situated under a single roof on 21 different levels instead of a single grid, like other live metaverses of the market.
Using the Unity engine, developers created a cyberpunk-inspired metaverse spanning over 21 floors with each one unique in its own way. Among all the levels, level 1, 6, and 21 are the most prominent floors since each of them are crucial to the ecosystem of the metaverse.
The ground floor or the 1st level acts as the central hub for all the enthusiasts where they can learn about the metaverse and also get educated on the popular trends within crypto spheres. Moreover, the 6th floor is where all the important meetings, concerts, and seminars will take place, offering corporate sectors a virtual space to hold events to attract broader audiences.
Similarly, the 21st floor, also referred to as the penthouse, is restricted for entertainment purposes where players would be able to engage with various sorts of P2E games to earn lucrative awards. Bloktopia’s developers have put a great emphasis on offering various P2E opportunities for bloktopians to utilize for monetary gains.
Moving on, members of the metaverse, also referred to as Bloktopians, can own a piece of the virtual land by purchasing the land parcels from the NFT portal or leasing them from the marketplace. Moreover, the ecosystem of Bloktopia is governed through DAOs headed by holders of $BLOK tokens.
$BLOK token is the native currency of the metaverse and it is also used for utility purposes as well. Bloktopians will use $BLOK token to purchase or sell NFTs within the metaverse using peer-to-peer trading and since the concept of the metaverse is to offer a decentralized environment, all the assets owned by a player will be under the complete ownership of the players.
Bloktopia Alpha version was released earlier this year which let enthusiasts take a first glance at the futuristic virtual world but developers have laid down a comprehensive road map that would enhance the in-game experiences with each new update.
Bloktopia Metaverse: What can you do inside it?
Bloktopia features an immersive virtual world that features a variety of landscapes within the skyscraper. From gaming rooms to formal meeting rooms, the cyberpunk-inspired Bloktopia enables players to enjoy a variety of activities.
Firstly, there’s a focus on offering up space for major brands to build up their virtual reputation and raise awareness for their brand to the world. Players can roam around these branded virtual spaces to learn more about the brand and engage with the offerings or purchase NFTs using $BLOK coins.
Similarly, Bloktopia aims to offer a safe environment for crypto enthusiasts to engage with other like-minded people. Offering virtual hubs, players can interact with each other and make connections, leading to the opening of many revenue streams through the players' social networks.
Play-to-Earn (P2E) games are also a vital part of Bloktopia’s ecosystem and players would be able to engage with a plethora of games for lucrative earnings. The P2E nature of the games offered under a single roof enables players to earn rewards in the shape of fungible and non-fungible tokens which they can redeem to their real-world wallet.
Moreover, Bloktopia offers an opportunity for players to shape the world as they see fit. After owning the land parcels within the metaverse, players can use their imagination to shape the virtual world and create assets that would attract admirers from around the globe.
Lastly, there’s a great emphasis on offering learning material for non-tech savvy people as well. Bloktopia leverages the metaverse and its diverse features to educate users on various trending topics within the crypto spheres to make it easier for non-enthusiasts to learn about the metaverse and how its offerings can be utilized for monetary gains.
Blocktopia Tokenomics
Blocktopia’s ecosystem mainly consists of $BLOK, the native currency within the metaverse. Players can use $BLOK to obtain land assets and advertisement rights which would provide users with ownership of $REBLOK and $ADBLOK tokens. The functionality of all these tokens is further elaborated down below.
$BLOK
$BLOK is an ERC-20 token and it is the native token of Bloktopia with a limited supply of 200,000,000,000 tokens. Currently, only 15% of the fungible tokens are in circulation and the number is expected to rise by the end of the 4th quarter of the year.
The $BLOK acts as the utility token within the metaverse and it will be required for various in-game purposes. From purchasing NFTs from vendors on the floor to entering exclusive clubs, $BLOK tokens will be required. Similarly, purchasing land from the portals also requires players to spend $BLOK tokens to transfer the ownership of a particular land parcel.
Moreover, Bloktopia will feature an in-house marketplace for enabling peer-to-peer trading. Players will be able to sell their NFTs, land parcels, and other valuable items on the market to make a profit.
Since Bloktopia adopted a decentralized means of governance, BLOK holders will get to have a final say in all the important matters related to the metaverse. It is likely that players with the most land parcels on the grid, AKA $REDBLOK tokens, will be able to influence the voting process via Decentralized Autonomous Organizations (DAOs).
$BLOK token can be acquired from various cryptocurrency exchanges such as QuickSwap, KuCoin, Hotbit, and many more.
REBLOK
On all the 21-floors of the skyscraper, users will be able to purchase land parcels through the NFT portal using $BLOK tokens. The acquired land parcels that are under the ownership of the person will be represented by REBLOK token. The REBLOK is short for ‘Real Estate BLOK’ and the value of each REBLOK varies and depends on the location of the land parcel on each floor of the skyscraper.
The sole proprietor of REBLOK will be able to customize their land as they see fit. Using the simple builder tool provided by the developers, users will be able to deploy fascinating NFTs on their land parcels to make them appeal to a broader audience.
Multiple ownership of REBLOK also exists within the Bloktopia metaverse and the shared land will be lent to tenants to conduct their business. And due to the decentralized means of governance, each owner of the REBLOK token will have 1 vote via the DAO and the owners will have complete ownership with DAO to discuss and vote on important matters of the land.
The owners of REBLOK will charge their tenants rent and ultimately be able to generate revenue. Similarly, owning REBLOK further opens up revenue streams via advertising, P2E games, and other activities within the metaverse.
ADBLOK
Bloktopia leverages the developing technology and the concept of virtual land to offer major brands to advertise their stuff in front of a huge audience. A great amount of revenue within the metaverse will be generated by advertising for major brands from around the world and REBLOK owners are encouraged to lend the digital screens for advertising purposes.
Users of Bloktopia can purchase ADBLOK to receive some revenue generated through advertising. Bloktopia will work with tier 1 brands and advertise their content to the public and from all the revenue generated through advertising for these brands, the revenue will be shared with ADBLOK holders.
Currently, there’s a total of 21 large and 84 small totems placed on different floors inside the metaverse. Players would be able to spend $BLOK tokens on acquiring ADBLOK and become a partner in the advertisement program. Since the first floor is the busiest, the price of acquiring a totem would be the costliest and as we move up the floors, the prices start to decrease with floors 6 and 21 as exceptions since they’re also one of the busiest floors within metaverse.
The revenue earned by advertising will be shared by Bloktopia with ADBLOK holders on a weighted basis and the location will also play a vital part. As mentioned, the first-floor advertising leaderboards are likely to generate the most revenue since the amount is dependent on the impressions that an ad receives in a single day.
How To Earn Money with Bloktopia
The concept of the metaverse is to enable its players to use their imaginative skills and use innovative methods to entertain people while also opening up alleyways for monetary gains. Fortunately, Bloktopia offers lucrative opportunities for its players to utilize and earn real-world money and be a part of the immense market cap.
Play-to-Earn Games
Bloktopia is home to a plethora of play-to-earn (P2E) games that enable enthusiasts to earn from the metaverse through in-game rewards. By engaging with the gameplay and completing various quests and objectives throughout the central hub, players can earn lucrative rewards in the shape of fungible and non-fungible tokens which can be leveraged to earn real-world money. Ever since decentralized metaverses rose to success, many users play games to earn their living.
Virtual Business
The 21-floor skyscraper offers interested users a chance to purchase a shop on any of the floors and offers unique services. Landowners can utilize the space to open virtual businesses where they can sell NFTs and other in-demand services. Major brands are creating virtual stores within the metaverse to showcase their brand messages, promos, and also sell branded NFTs on the Bloktopia marketplace.
Renting Out
Those who own land can rent it out and earn a monthly income from it. Virtual plots are high in demand and since there’s a limited number of land plots within the metaverse, interested parties often look to rent out virtual spaces to set up their stores. If someone is interested in generating passive income through metaverses, renting out the owned land is one of the most lucrative methods.
Purchasing ADBLOK
Purchasing ADBLOK tokens using the native NFT portal allows Bloktopians to earn passive income through advertising revenue sharing. By purchasing ADBLOK, the developers will share the revenue generated by displaying ads on various ad screens installed throughout the metaverse. The more impressions an ad gets, the more revenue is generated. Another efficient method of earning from Bloktopia is through investing in ADBLOK tokens.
Blocktopia Team: Who’s behind it?
Bloktopia is powered by Polygon and its lead partners include Animoca brands, Magnus Capital, Jake Paul, and BullPerks. The project is headed by Ross Tavakoli, the founder of the Bloktopia metaverse. His vast experience in the crypto world and retail investment gave him an edge in the budding industry and through his vision of Bloktopia, Ross managed to apply his experience to create an immersive decentralized virtual space.
Moreover, Paddy Carrol is the co-founder of Bloktopia and his experience in the marketing field makes him an asset to the Bloktopia team. From heading the marketing campaigns of the metaverse to attracting publishers for the advertising campaign, Paddy’s contributed greatly to the success of the metaverse.
Similarly, Libby Rothwell, the commercial director, responsible for creating commercial partnerships, and Simon Benson, the tech lead on the project, also contributed their skills and time to the project. Simon’s vast experience with AAA titles and gaming associations makes him one of the most important people in the successful campaign of play-to-earn (P2E) games within the metaverse.
Bottom Line
Bloktopia is an exciting project and the roadmap laid out by the developers ensures that the metaverse functionality will make it second to none. From integrating avatar customization to voice communication with fellow Bloktopians, the metaverse has endless possibilities ahead.
The project is currently in its initial phases but with each update, new content and in-game configuration are added which makes the metaverse even more appealing. Currently, among all the live metaverses built on cryptocurrencies, Bloktopia is one of the most popular ones since it has a large number of active users.
The volatile nature of cryptocurrencies is making it harder for new projects to skyrocket, however, Bloktopia, despite the circumstance, is doing quite well and the native token, $BLOK, continues to increase in value.
In the closing thoughts of our Bloktopia review, it is a spectacular cyberpunk-inspired metaverse under a single roof that is likely to do well in the long term and crypto influencers should take a closer look at it. Everything from its sophisticated design to sustainable tokenomics ensures that there’s a bright future ahead for this virtual reality market-inspired metaverse.
FAQs
How Vast is Bloktopia Crypto Community?
Ever since the release of the Alpha versions, many players have signed up and purchased land parcels within the metaverse. In the coming years, the community is expected to grow as well as the market cap of the metaverse.
How to become a token holder of $BLOK?
$BLOK coins can be purchased from various popular cryptocurrency exchanges on the market. Currently, $BLOK can be purchased from KuCoin, QuickSwap, Gate.io, and many other exchanges on the market.
Where to find Crypto information About Bloktopia?
The official developers have provided an extended light paper that can be used to further access the crypto information regarding Bloktopia. Everything from the basic mechanics of the metaverse to tokenomics is found on the light paper provided by the official sources.
