Welcome to bulliscoming, investors in the crypto space believe that the Blok token would be one of the top metaverse tokens in the cryptocurrency market.
However, Bloktopia is still in the development stage with which the main launch of the metaverse project has been announced to occur in the year 2022.
Looking into the variety of partnerships and traction gained by the Bloktopia project, it has brought up the controversy “Is Blok a good investment”.
In this article, I’ve outlined and elaborated if the Blok token is a good investment or not.
But before then, I would like to provide you with an insight into what the Bloktopia has to provide or offer in the metaverse space and also an overview of the Blok token. So let’s dive in.
What Is Blocktopia?
Blocktopia is a decentralized metaverse project built and developed on the Polygon blockchain, Blocktopia claims to provide an unprecedented VR experience for the crypto community, bringing users together all in one immersive and engaging environment.
Bloktopia is a Skyscraper made up of 21 levels to pay recognition to 21 million Bitcoin. Token holders will be known as Bloktopians. It will act as a central hub and welcome all levels of the crypto experience.
For the first time, users will have access to crypto information and immersive content all in one place. Bloktopians will be able to earn revenue through real estate ownership, advertising revenue, play games, build networks, and much more. By using the world’s most advanced real-time 3D Creation Engine, Bloktopia will leverage this technology to create stunning visualizations and user experiences.
What Bloktopia has come to offer in the blockchain sphere are split into four major features which are:
- Cryptocurrency Education
Bloktopia team is looking to educate visitors of the Bloktopia metaverse about cryptocurrency, entering this virtual world will actually be free and anyone can come in and walk around to experience the unprecedented virtual reality.
- Real Estate Modernization
Bloktopia is giving real estate owners the ability to use their land for purposes of generating revenue and that revenue can be in the form of selling advertisements to companies, renting your land for anyone interested, or buying and selling assets in the game itself with which the in-game token BLOK can be used to earn passive income through staking.
The Bloktopia skyscraper is going to be fully dedicated to gaming, so Blok token holders (BLOKTOPIAN) can come in and enjoy their time in the metaverse and Bloktopia is looking to give owners the ability to be creative, the Bloktopia team is going to have a builder tool where creators can develop and build their creation on their own land.
Blok token is going to be used as native currency that power the entire Bloktopia ecosystem with which will be used to purchase a virtual asset in the Bloktopia virtual world.
Bloktopians will be able to buy and sell BLOK via both Decentralized and Centralised exchanges. All BLOK from initial real estate purchases will be publicity burnt decreasing the overall supply of the token. BLOK will also be required to purchase items from within Bloktopia for example; upgrading real estate space or purchasing items from within the marketplace. This is what makes BLOK valuable and necessary for the ecosystem to operate.
BLOK has a total supply of 200,000,000 BLOK while 8.3Billions BLOK is in circulation and $ 1Billion market capitalization.
Is BLOK A Good Investment?
The major question that has been proliferating through the crypto community goes thus ” Is BLOK a good investment?”.
However, there must be some metrics to put into consideration before we can have a conclusive decision on whether Blok is a good investment or not.
Considering its partnership with Elrond blockchain, Metahero, being the anchor tenant on the Bloktopia space,e and Animoca brands’ investment in the project, and also other investors interest, Bloktopia is said to be among the top-rated metaverse project thus, also influencing its utility token BLOK.
By its partnership with a variety of projects and companies, Blok token might be a good investment.
But then, below are other reasons why Blok might be a good investment.
Bloktopia is developing a launchpad where the crypto project will initiate their IDo and also where a new metaverse project could launch with which will also serve as a utility for Blok token.
- Nft Marketplace
The Bloktopia skyscraper will be made up of pieces of real estate that are nfts that can be bought and governed by Blok token owners.
The Bloktopia team has brought up a diverse set of features within the metaverse that could attract people from different backgrounds and sectors whether someone is interested in gaming, education, art, or just money-making.
The project seems to be a project for everyone and might be among the top three metaverse projects.
However, this article is for informational purposes only and should not be regarded as investment advice.
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