Blockchain platform Elrond recently signed a significant partnership with Bloktopia, and has become one of the latest cryptocurrency companies to venture into the metaverse. With rebranding as Meta, Facebook has also recently embraced the metaverse claiming that the new technology will help people communicate better and grow businesses.
Until a couple of years ago, all it took was for a company to claim to be blockchain-based to be considered innovative and future-oriented. Today, the industry is saturated with platforms that claim to be scalable, fast, secure and developer-friendly, so, companies need to find other ways to beat the competition.
Elrond's Partnership with Bloktopia
Elrond's virtual headquarters will be located on level 1, which is considered a prime location as it is where all players generate by default. Elrond will have maximum exposure for a custom lounge and content such as crypto ecosystem features, or educational material made available in the virtual location.
Bloktopia is a VR skyscraper consisting of 21 million floors, in honor of 21 million Bitcoins. It is the VR metaverse that aims to become the edutainment hub for all levels of crypto experience.
The high-tech tower rises from a decaying world and is based on an NFT-based economy that allows entrepreneurs to own land and develop it as virtual real estate, with advertising and events creating revenue opportunities for users.
Cryptocurrency, blockchain technology, VR, AR then come together to create a decentralized hub for future entrepreneurs, investors, gamers, and developers.
Supported by the Polygon network and built on a cross-platform game engine, Unity, by the founders of Sony Playstation VR, Bloktopia allows visitors to engage in basic or advanced learning, earn revenue, play with friends, build networks and more.
Bloktopia is like a shopping mall, where stores exist alongside other types of businesses and activities, where projects, exchanges, influencers or crypto brands display their content and key messages.
Bloktopians are the holders of BLOK tokens and members of the Bloktopia metaverse. For the first time, users will have access to cryptographic information and engaging content in one place.
Bloktopians will be able to learn, play and earn money through real estate, advertising revenue and more. Based on the 3D Creation Engine, the world's most advanced real-time video game engine, Bloktopia will leverage technology to create extraordinary visualizations and user experiences.
The Bloktopia metaverse will be composed of real estate blocks that can be purchased and governed by BLOK token holders.
Learn, Earn, Play and Create: The Four Pillars of The Bloktopia Metaverse
Learn
Bloktopia will be the central hub where users can learn about the world of cryptocurrency, which can be difficult to explore.
Earn
Bloktopians will have many earning opportunities by purchasing real estate and even speculating on it, reselling for profit or renting to a tenant.
Other opportunities will include passive income, staking and advertising.
Play
Users can relax, have fun, socialize and compete with friends through first-person interaction of the virtual reality world.
Create
Through a simple creation tool, users will be able to use their creativity by producing scenes, artwork and even participating in events to win prizes.
That’s a true innovation.
The Crypto VR Decentralized Tokenized Skyscraper
Blok tokens allow its holders to purchase NFTs, which represent REBLOK and ADBLOK property.
The purchase of real estate within Bloktopia is known as REBLOK, which can be wholly owned, represented by a single NFT, or jointly owned represented by multiple NFTs.
REBLOK can also be leased for an event or long-term to tenants, much like real-world real estate. Prime locations include levels 1, 6 and 21. The Land Sale portal will be available soon, and in the meantime, CoinMarketCap also recently secured a store in a prime location of the Bloktopia skyscraper.
ADBLOK is the revenue stream generated by Bloktopia's advertisements. Creating hype and fame for Bloktopia's brand partners through dwell time and replay rate provides a valuable prospect to advertisers. A portion of these generated advertising commissions will be redistributed to Bloktopia token holders.
Who Will Visit Bloktopia?
According to a recent study, 90% of Bloktopia's visitors will be males between the ages of 18 and 34. They have a keen interest in cryptocurrencies and NFTs, and have an average total income ranging between $20K and $50K. They have heard about cryptocurrencies in the news and have focused on the US, Asian and UK markets.