Blockchain platform Elrond recently signed a significant partnership with Bloktopia and becomes one of the latest crypto businesses to join the Metaverse. Besides, with the decision to rebrand to Meta, even Facebook claims that new technology will help people communicate better and we are entering a new generation Internet era.
Since a few years ago, there have been large enterprises claiming that they use blockchain to be seen as innovative and forward-looking. Today, the industry sees a plethora of self-affirming platforms that are scalable, fast, secure, and developer-friendly. Therefore, businesses must find other ways to stand out in the fierce competition.
Interdisciplinary partnerships can make a difference and deliver innovative things. For example, when previous blockchain projects integrated IoT, they were always greeted with enthusiastic interest from investors, entrepreneurs, and users alike.
New services must be useful to the community and make it easy to adopt or test novel ideas for businesses to compete and thrive.
Metaverse is the trendThe latest trend in the crypto space
The COVID-19 crisis has posed an urgent problem of accelerating the establishment of new communication paradigms. Metaverse is a new virtual world where people can share enchanting experiences with others even when they cannot be together. Metaverse will allow people to do many things together that they can’t in the physical world, and it looks like an inevitable reality in the future.
International research firm Strategy Analytics has predicted the global Metaverse market could reach a valuation of $280 billion by 2025.
Usually represented in high-tech urban environments, Metaverse is created by the convergence of virtual reality (VR) and augmented reality (AR). This digital universe can support social connection, entertainment, games, fitness, work, education and commerce to create a real internet for everyone to interact and be a part of. importance of experience. So don’t just passively observe it.
Let’s find out what the partnership with Bloktopia means and what this promising future project is all about.
Collaboration between Elrond and Bloktopia
As a tenant in Bloktopia, Elrond’s virtual headquarters will be located on the 1st floor, which is considered a prime location because that’s where all players appear by default. Elrond is allowed to display up to one custom lounge, and content such as crypto ecosystem features or documentation is provided in a virtual location.
BD Daniel Serb at Elrond announced in a recent blog post:
“We are continuing to explore further technical integrations with Bloktopia, such as bridging a portion of the BLOK supply in the form of ESDT tokens to give Elrond users easier access to Metaverse VR and have NFT Bloktopia can be purchased in the NFT marketplaces on the Elrond blockchain.”
What is Bloktopia?
Bloktopia is described as a 21-story VR skyscraper that celebrates 21 million Bitcoins. Blocktopia offers an unprecedented virtual reality experience that aims to be the entertainment hub for all levels of crypto experience.
High-tech tower rising from a declining world and relying on the NFT economy, allowing entrepreneurs to own land and develop it into virtual real estate, with advertising and events creating opportunities make money for users.
Cryptocurrency, blockchain technology, VR, AR are combined to create a decentralized hub for future entrepreneurs, investors, players and developers.
Bloktopia is developed on the Polygon Network and was built by the founders of Sony Playstation VR with the Unity cross-platform game engine. Bloktopia allows visitors to learn basic or advanced knowledge, earn revenue, play games with friends, build networks, and more.
Bloktopia is like a shopping mall, with stores operating with different types and types of businesses, where projects, exchanges, KOLs or crypto brands showcase important content and messages. their importance.
Bloktopia participants are BLOK token holders and members of Metaverse Bloktopia. For the first time, users will have access to crypto information and engaging content in one place.
Bloktopia participants will be able to learn, play and earn through real estate ownership, advertising, and more. Powered by the world’s most advanced real-time video game engine 3D Creation Engine , Bloktopia will leverage this technology to create stunning visuals and user experiences.
Spatial Metaverse of Blocktopia will include properties that BLOK token holders can purchase and manage.
Learn, Earn, Play and Create: The Four Pillars of Metaverse Bloktopia
Research: Bloktopia will be the hub where users can learn about the crypto world, with lots of challenges to explore.
Make money: Bloktopia users have many opportunities to make money by buying real estate and even speculating on it, then reselling it for profit or renting it out. In addition, they can also earn passive money, staking, and revenue from advertising.
Play: Users can relax, have fun, socialize and compete with friends through the first-person interactive virtual reality world.
Creative: Through a simple builder, users use their creativity to create landscapes, artwork, and even enter events to win prizes.
Tokenized Decentralized VR Cryptocurrency Skyscraper
Holders use BLOK tokens to buy NFTs, representing ownership of REBLOK and ADBLOK.
Buying real estate in Bloktopia is known as REBLOK, which can be in sole proprietorship, represented by a single NFT, or joint ownership represented by multiple NFTs.
Owners can also rent out REBLOK for events or long-term rentals, just like real-world real estate. Prime locations include 1st, 6th and 21st floors. Land Sale portal will be available soon. Meanwhile, CoinMarketCap, Binance, and Kucoin also recently created virtual offices in the prime location of the Bloktopia skyscraper.
ADBLOK is the revenue stream from advertising on Bloktopia. Generating hype and reputation for Bloktopia brand partners through dwell time and view rate provides a valuable prospect for advertisers. A portion of this advertising fee will be redistributed to BLOK token holders.
According to a recent study, 90% of Bloktopia visitors are males between the ages of 18 and 34. They have a deep interest in crypto, NFT and earn from $20K to $50K. They heard about cryptocurrencies through news channels and focused on the US, Asian and UK markets.
According to Coinmarketcap
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