How To Buy Bloktopia (BLOK)?

A common question you often see on social media from crypto beginners is “Where can I buy Bloktopia?” Well, you’ll be happy to hear it is actually quite a simple and straightforward process. 

Step 1: Create an account on an exchange that supports Bloktopia (BLOK)

First, you will need to open an account on a cryptocurrency exchange that supports Bloktopia (BLOK).
We recommend the following based on functionality, reputation, security, support and fees:

In order to sign up, you will need to enter some basic information, such as your email address, password, full name and, in some cases, you might also be asked for a phone number or address.

Note: On specific exchanges, you might need to complete a Know Your Customer (KYC) procedure in order to be able to purchase cryptocurrency. This is most commonly the case with licensed and regulated exchanges.

Step 2: Deposit funds into your account

Many cryptocurrency exchanges will allow you to purchase Bloktopia (BLOK) with fiat currencies, such as EUR, USD, AUD and others. Furthermore, they will also provide you with multiple deposit methods through which you can fund your fiat account, such as credit and debit cards, ewallets or direct bank transfers.

Note: Some payment methods will have higher fees than others, such as credit card payments. Before funding your fiat account on your chosen exchange, make sure to do your due diligence to find out the fees involved with each payment method to avoid unnecessary costs.

Step 3: Buy Bloktopia (BLOK)

This process is similar across almost every cryptocurrency exchange. All you have to do is find a navigation bar or a search bar, and search for Bloktopia (BLOK) or Bloktopia (BLOK) trading pairs. Look for the section that will allow you to buy Bloktopia (BLOK), and enter the amount of the cryptocurrency that you want to spend for Bloktopia (BLOK) or the amount of fiat currency that you want to spend towards buying Bloktopia (BLOK). The exchange will then calculate the equivalent amount of Bloktopia (BLOK) based on the current market rate.

Note: Make sure to always double-check your transaction details, such as the amount of Bloktopia (BLOK) you will be buying as well as the total cost of the purchase before you end up confirming the transaction. Furthermore, many cryptocurrency exchanges will offer you their own proprietary software wallet where you will be storing your cryptocurrencies; however, you can create your own individual software wallet, or purchase a hardware wallet for the highest level of protection.

Alternative ways to buy Bloktopia (BLOK)

Because the project is very new, it is only offered directly on a select number of exchanges. If you’re not comfortable connecting your bank account to any of these smaller exchanges, or if you cannot connect your bank account to them for geographical reasons. Then you can instead create an account on any of the major exchanges and simply transfer the funds from there.
Out of the major exchanges we recommend the following based on functionality, reputation, security, support and fees:

For more in-depth instructions, our ‘Absolute Beginner’s Guide To Cryptocurrency Investing‘ will take you through the process step-by step. In addition to providing instructions for sending and receiving your cryptocurrency.
And if you’re completely new to crypto our beginner, intermediate and advanced level articles will get you up to speed with everything you need to know about the cryptocurrency space starting out. 

Simplecryptoguide.com

What Is Bloktopia (BLOK)?

Bloktopia is a virtual skyscraper in the Metaverse comprised of 21 levels, designed to pay homage to the 21 million total maximum supply of Bitcoin (BTC). Owners of its BLOK tokens will be known as Bloktopians. Users will be able to buy and sell non-fungible tokens (NFTs), purchase digital ad venues, own real estate and more in the Bloktopia virtual reality. Meanwhile, Bloktopians can also earn revenue by selling or leasing virtual property in the skyscraper to interested buyers.

Bloktopia is developed on the Polygon (MATIC) Network and developed by the founders of Sony Playstation VR using the cross-platform game engine Unity. In addition to this, Elrond (EGLD), a blockchain sharding protocol, is set to become the anchor tenant in Bloktopia, with its virtual headquarters to be featured on level one, where all players spawn.

Users will have access to crypto knowledge as well as engaging multimedia in one location. Bloktopians will be able to earn money through real estate ownership, advertising revenue, gaming, network building, and much more. Powered by the world’s most advanced real-time video game engine, 3D Creation Engine, Bloktopia will leverage this technology to create stunning graphics and user experiences.

Bloktopia provides players with the opportunity to do more than just play. Bloktopians will enter the virtual world and enjoy all of the premium features, such as learning, earning, playing, and creating, rather of utilizing standard devices such as mobile phones or laptops.

• #LEARN: For many individuals, cryptocurrency is a difficult industry that necessitates extensive understanding in many fields. Bloktopia links with numerous platforms like YouTube, Telegram, and Twitter allowing Bloktopians to come and learn more about cryptocurrencies.
• #EARN: Coming to the realm of endless earning opportunities, all Bloktopians can purchase real estate (Reblok) and increase their earnings through passive monetization, staking, and advertising (Adblok). Bloktopian may trade and rent virtual real estate, allowing them to speculate on it and flip it for a profit or rent it out for passive revenue. Furthermore, Bloktopia token holders can earn a piece of advertising fees when certain partners put adverts on Bloktopia.
• #PLAY: Play is an essential component of the user experience. Users can interact with people in this virtual environment by playing games, entertaining friends, and connecting with others. They can also be landowners and trade or rent out their property.
• #CREATE: Bloktopia will provide you with building tools to design your own landscape, artwork, or to compete in events for prizes. The software development kit gives more experienced creators the tools they need to populate the world with games and social apps.

Bloktopia Gameplay

Upon signing into Bloktopia with the Bloktopia Wallet/Passport the user will be required to create their own personalized avatar from many customizable combinations and name their avatar. Once a user creates their Avatar and claims their unique name this will be applied to your Bloktopia passport. Avatars can be further enhanced whilst in Bloktopia by purchasing items from within the marketplace allowing for unique exclusivity.

Once the avatar has been created, it will spawn outside the Bloktopia skyscraper. All users will enter via the concourse into Blocktopia with their newly spawned avatar. All Bloktopians will enter on level one, it will therefore have the largest footfall of the skyscraper. This level will be key to all users as it will contain cryptocurrency pricing information, a helpdesk, an agenda, and a navigation area. Users can gain an overview of the events taking place during the day and register to participate. This level will be home to prime retail space; these are premium locations with a major presence from the likes of, Binance, Coinmarketcap, CoinGecko and major Crypto influencers.

What is a Bloktopian?

Bloktopians will be able to learn, play and earn revenue through real estate ownership, advertising revenue and much more. Powered by the 3D Creation Engine, the world’s most advanced real-time video game engine, Bloktopia will leverage the technology to create stunning visualizations and user experiences.

The Bloktopia metaverse will be made of real estate bloks that can be purchased and governed by the BLOK token holders.

What is Reblok?

A Bloktopia Marketplace will be launched in conjunction with the BLOK token distribution where BLOK token holders will be able to purchase BLOK real estate via the NFT mechanism. Purchasing real estate within Bloktopia is known as REBLOK. Reblok will be owned in one of  two ways, either by sole ownership or joint ownership

• Sole ownership where a BLOK real estate is represented and owned via a single NFT.
• Joint ownership where a BLOK real estate is represented by multiple NFT’s. It should be noted an investor can purchase multiple NFT’s.

What can I do with my Reblok?

Sole ownership will give the user full rights to develop their REBLOK as they choose, utilizing the Bloktopia SDK to create content to furnish their REBLOK. Alternatively, content can be purchased from the Bloktopia marketplace. Bloktopians can sell their REBLOK in either a developed or undeveloped state at any time using the Bloktopia marketplace. Similarly, REBLOK can be leased to an interested party for an event or on a long-term basis.

The use of REBLOK on a joint ownership basis will be decided through a Governance mechanism, where the user’s percentage NFT holding of the REBLOK acting as their voting right. Votes will be cast on the proposal with majority vote deciding the outcome. If a sale is agreed the user will receive their percentage of the sale in relation to their NFT holding of the REBLOK. Similarly, if a lease is agreed the user will receive a percentage of the rental income for the term agreed.

What is Adblok?

Within Bloktopia advertisements will play a key role in revenue generation. We are offering investors an opportunity to benefit from that ad revenue and are calling it ADBLOK. ADBLOK offers a captive audience which guarantees dwell time and play through rate, which is an exciting prospect for advertisers.

There are 21 large totems and 84 small totems, which are available in Bloktopia. 50% of that space will be available to purchase through NFT. This is ADBLOK. 50% of all revenue generated through ADBLOK will be distributed to the NFT holders. ADBLOK can be purchased by using BLOK tokens. The price depends on the position of the totem in Bloktopia. Every visitor to Bloktopia must visit floor 1, guaranteeing the highest footfall, and therefore the largest cost. Generally, the more premium sites will be on the lower ground floors, decreasing in value as we go further up the tower. The exceptions are floors 6 and 21, which will hold the auditorium and gaming zones.

ADBLOK revenue will be distributed to the ADBLOK NFT holders on a weighted basis dependent on the position within Bloktopia.

Elrond Partnership With Bloktopia

“We are further exploring deeper technical integrations with Bloktopia, such as bridging a portion of the BLOK supply as an ESDT token to give Elrond users easier access into the VR metaverse and enabling Bloktopia NFTs to be purchasable in NFT marketplaces on the Elrond blockchain,” announced Daniel Serb, BD at Elrond, in a recent blog post.

Bloktopia to become a multichain Metaverse

Bloktopia recently announced a 2022 Product Roadmap in which together with many other ambitions, they announced a new strategy, to adopt a MultiChain approach to crypto within its Metaverse.

A MultiChain approach brings with it the elimination of complex transactions and ensures a frictionless experience for end-users. This solution aims to make Bloktopia more attractive to new and inexperienced users as well as OGs, and will be absolutely critical to transition blockchain to a high-growth industry.

Bloktopia is currently being built on the Polygon (MATIC) network, which is an interchain scalability solution that gives an infrastructure for creating blockchain networks that can interface with each other. Polygon brings adaptability and scalability of alt chains along with Ethereum’s security, liquidity, and interoperability. It is a solution which improves speed and reduces the cost and complexities of transactions on blockchain networks.

Bloktopia development updates in 2023

Bloktopia (BLOK) has seen notable developments and updates in 2023, marking significant progress in its metaverse project. Here are some of the key highlights:

• Community Testing and M3TAPASS Update: Bloktopia conducted its third major community test for the M3TASPACES product, which had its highest attendance yet. The test successfully brought in 576 fully connected concurrent users from 141 different countries. Improvements were noted in voice communications, text chat, and server load, indicating enhanced backend responsiveness and stability. Additionally, an update for M3TAPASS is coming soon, introducing “Push Notifications” to keep users updated on Bloktopia and M3TASPACES events and rewards.

• New Features and Engagements: Bloktopia is set to introduce a Night Club in the M3TASPACES environment, alongside the already announced Bloktopia Arcade. A community-involved naming competition for these new additions has been launched, with rewards for successful suggestions. The platform also offered rewards for participants in its tests and events to support ongoing development.

• The Bloktopia Metaverse: Bloktopia is a VR skyscraper comprising 21 floors, symbolizing the 21 million Bitcoin. It serves as a central hub for all levels of crypto experience, offering opportunities to learn, earn, play, and create within the virtual world. The platform is powered by the 3D Creation Engine and supports real estate ownership, advertising revenue generation, and other immersive experiences.

• Elrond Partnership: Bloktopia has also partnered with Elrond, becoming an Anchor Tenant in the Bloktopia metaverse. This partnership will place Elrond’s virtual headquarters in a prime location on Level 1 of the Bloktopia skyscraper, further enhancing its exposure and engagement within the platform.

These updates reflect Bloktopia’s commitment to evolving its metaverse experience, enhancing user engagement, and expanding its ecosystem. The platform’s focus on community involvement and innovative features positions it as a prominent player in the burgeoning field of virtual environments and blockchain technology​​​​​​.

Official website: https://www.bloktopia.com/

Best cryptocurrency wallet for Bloktopia (BLOK)

There are plenty of different crypto wallets available. The best one for you depends on your general trading habits and which provides the most security in your situation. There are two main types of wallets: hot storage wallets (digital) and cold storage or hardware wallets (physical). Both have their pros and cons, and there is not necessarily a right or wrong answer when it comes to figuring out which crypto wallet is best for you.

HOW DO I DECIDE WHICH cryptocurrency WALLET TO USE for Bloktopia (BLOK)?

Deciding which type of wallet to use depends on a variety of factors, including:

• How often you trade. In general, hot wallets are better for more active cryptocurrency traders. Quick login ability means you are only a few clicks and taps away from buying and selling crypto. Cold wallets are better suited for those looking to make less frequent trades. 
• What you want to trade. As mentioned earlier, not all wallets support all types of cryptocurrencies. However, some of the best crypto wallets have the power to trade hundreds of different currencies, providing more of a one-size-fits-all experience.
• Your peace of mind. For those worried about hacking, having a physical cold wallet stored in a safe deposit box at the bank or somewhere at home, provides the safest, most secure option. Others might be confident in their ability to keep their hot wallets secure.
• How much it costs. It is important to investigate the costs associated with each wallet. Many hot wallets will be free to set up. Meanwhile, cold wallets, like any piece of hardware, will cost money to purchase.
• What it can do. While the basics of each cryptocurrency wallet are the same, additional features can help set them apart. This is especially true of hot wallets, many of which come with advanced reporting features, insights into the crypto market, the ability to convert cryptocurrencies and more. Security features can also be a good differentiator.

For a more in-depth overview of cryptocurrency wallets visit our “Cryptocurrency Wallets Explained” guide.

If you’re going to be dealing in larger volumes of crypto, investing in cold storage might prove advantageous.
Most widespead examples of this being the Ledger Nano and the Trezor.

Ledger manufactures cold storage wallets designed for users who want increased security. Their wallets are a physical device that connects to your computer. Only when the device is connected can you send your cryptocurrency from it. Ledger offers a variety of products, such as the Ledger Nano S and the Ledger Nano X (a bluetooth connected hardware wallet).

Trezor is a pioneering hardware wallet company. The combination of world-class security with an intuitive interface and compatibility with other desktop wallets, makes it ideal for beginners and experts alike. The company has gained a lot of the Bitcoin community’s respect over the years. Trezor offers two main models – The Trezor One and Trezor Model T (which has a built in touch screen).