What is Bloktopia?
Bloktopia (BLOK) is a decentralized metaverse built on the Polygon network that aims to serve as a central hub for the crypto community. The 21-story skyscraper serves as a tribute to the 21 million Bitcoins mined and offers users a variety of ways to earn money, including owning real estate, earning advertising revenue, and playing games. The platform also aims to provide users with a first-of-its-kind virtual reality experience that brings together the crypto community in a single immersive and entertaining space.
One of the unique features of Bloktopia is its use of an innovative real-time 3D creation engine to produce unique visualizations and user experiences. Users can participate in events and win rewards by creating scenes, artworks, challenges, and more using the simple builder tool. Additionally, the SDK gives experienced creators the tools they need to flood the world with social applications and games.
With such a large user base, the platform seeks to monetize through advertising and sponsorship, giving users the chance to participate in revenue generation through an NFT mechanism. The platform's native token, BLOK, is essential for trading or leasing any real estate inside the network and accessing various platform services such as exclusive events, pre-sales, and staking.
According to its whitepaper, Bloktopia was founded by Ross Tavakoli and Paddy Carroll in 2021. Tavakoli has a background in retail investment and has been involved in the crypto space since 2015, while Carroll is an experienced marketer who has worked for some of the largest brands in the UK. The platform's litepaper was published in July 2021, and the total supply of the token stands at 200,000,000,000 BLOK.
Bloktopia is also attempting to develop a governance mechanism. Holders of REBLOK NFTs will be represented on the governance council, and a DAO will be used to vote on proposals. All BLOKs from the inaugural real estate transactions will be burned for publicity, reducing the token's overall supply.
In summary, Bloktopia is a decentralized metaverse that aims to serve as a central hub for the crypto community by offering users a variety of ways to earn money, a first-of-its-kind virtual reality experience, and a governance mechanism that allows holders of REBLOK NFTs to vote on proposals. The platform's native token, BLOK, is essential for accessing various platform services and trading or leasing real estate inside the network. With its focus on user engagement and monetization through advertising and sponsorship, Bloktopia has the potential to become a leading platform in the crypto community.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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