The metaverse track continues to explode. Why has Bloktopia been able to rise to the ranks of top projects?

Author: Hu Tao

Building Skyscrapers, Numerous Well-Known Projects Settle In

Since November, the metaverse track has entered an explosive phase, with projects like The Sandbox, Decentraland, and Bloktopia receiving keen market attention. Their tokens have recently seen significant increases, for example, SAND has nearly increased fivefold since the beginning of this month, and Bloktopia's token BLOK has accumulated over thirtyfold growth in the past two months.
Compared to projects like The Sandbox, Bloktopia's market recognition is relatively low, but in terms of token growth and project influence, Bloktopia has actually become one of the leading projects in the metaverse track.
Unlike Decentraland's land trading model, Bloktopia's positioning is more akin to a real estate trading model. This project utilizes the world's most advanced 3D creation engine to build a 21-story skyscraper in the virtual reality world, where people can experience immersive content on different floors, such as communication, buying and selling real estate, and earning advertising revenue.
Different floors of Bloktopia have different functions; for example, the first floor, which has the highest foot traffic, contains a wealth of valuable information (such as cryptocurrency pricing) and resources (such as help desks, navigation, and an overview of the day's events); the sixth floor is an auditorium where KOLs from the crypto field conduct immersive and interactive themed speeches; the twenty-first floor is a luxurious penthouse area, used only for gaming scenarios.
In this metaverse ecosystem, all users purchase virtual real estate (Reblok) and profit from staking, renting, advertising (ADBLOCK), and other passive income. At the same time, users can truly immerse themselves in a first-person perspective to play games, entertain friends, and build networks.
In other words, users can access cryptocurrency information and immersive content within the Bloktopia ecosystem, and obtain blockchain educational resources, virtual offices, games, and any other experiences imagined through virtual reality at different levels.
With its unique skyscraper design, Bloktopia is becoming the primary choice for more and more blockchain projects to establish virtual office locations and even virtual headquarters. Well-known projects such as Binance NFT, Solana, Kucoin, Avax, Elrond, Coinmarketcap, and Cointelegraph are all examples. Additionally, projects like DEXTools, Metahero, Revomon, and Travala have also announced their entry into the metaverse ecosystem, with new projects announcing their settlement almost every few days.

Solana announces the construction of a virtual headquarters in Bloktopia
This reflects the industry's recognition of Bloktopia's efforts to create a virtual center for crypto learning and education. If this trend continues, Bloktopia is likely to become a virtual office and communication space for a large number of blockchain projects, driving the appreciation of the project's real estate.
Launching an Incubation Platform to Expand BLOK Application Scenarios
In mid-November, Bloktopia also announced the launch of the incubation and Launchpad platform BlokPad, providing the Bloktopia community with early access to the best projects. Users can only gain early investment shares in its incubation projects by staking BLOK.
According to the rules, BlokPad opens 9 levels to users, where users staking at least 25,000, 50,000, or 100,000 BLOK can enter a share lottery. Users staking at least 125,000, 200,000, 375,000, 750,000, 1,250,000, and 1,500,000 BLOK can secure their base shares. The higher the staking amount, the higher the share weight; for example, users staking 1,500,000 can receive 28 times the base share.
At the same time, users need to complete the BLOK token lock registration 6 hours before the project token sale. After that, BLOK can be unstaked at any time, but if unstaked before the 30-day minimum staking period, a 25% fee will be incurred.
On November 5, Bloktopia announced that the first partner of BlokPad is the blockchain game project SIDUS HEROES, with plans to hold an IDO in early December. It is reported that SIDUS HEROES is developing a AAA-level NFT and RPG game, providing users with various gaming scenarios: interstellar exploration, combat, and settlements, as well as space for political, social, and economic development.
The team is integrating WebGL capabilities into its testing, hoping to prove that this technology can revolutionize the gaming industry. The game is being developed by an experienced tech company with over 200 full-time employees and numerous successful projects.
On November 23, Bloktopia announced the launch of the BLOKLOK NFT mechanism, further helping users gain investment opportunities in early projects. Taking SIDUS HEROES as an example, users can obtain a $10,000 guaranteed share in early projects by purchasing a LOKLOK NFT. The requirement for purchasing a Sidus BLOKLOK NFT is to stake 25,000 BLOK and send $10,000 in funds.
As more high-quality projects conduct IDOs on the BlokPad platform, it will undoubtedly attract more users to stake BLOK, reducing the market circulation of BLOK and enhancing the stability and reliability of the Bloktopia economic model.
Earlier this month, Bloktopia also announced a modification to the BLOK token allocation schedule, originally requiring a 10% token share to be unlocked for the team and investors. However, to ensure there are enough BLOK tokens in circulation when the land sales portal launches for purchasing real estate, REBLOK, or advertising space ADBLOK, and to reward supporters of the project, only 5% of the token share will be released, with the remaining 5% released after the initial sale of Bloktopia NFT land.
In a recent interview, Bloktopia co-founder Paddy Carroll stated plans to launch a beta version in March next year and is considering burning tokens.
Overall, Bloktopia has created a rich metaverse experience for users in the crypto industry, which differs from the metaverses created by The Sandbox and Decentraland, emphasizing learning, working, and communication, while creating a metaverse economic system through the BLOK token, thus elevating itself to the ranks of leading projects in the metaverse track.