What is Bloktopia and how to exchange BLOK at the best rates
Bloktopia

Bloktopia

 BLOK

The crypto industry is gradually shifting towards the metaverse and we have seen several projects follow that line in recent times. One of these projects is Bloktopia metaverse, it is a project that offers users a unique VR experience. The Bloktopia metaverse consists of a virtual skyscraper that has several functions, which enables participants to earn and learn in different ways. Developers are now figuring out how to tie it to a secure platform, monetary gains, immersive gameplay, and building a strong community out of it just as we have seen with what Bloktopia is trying to achieve. Such an exciting project that you might want to know how to make a Bloktopia swap at the best rate. Let’s learn more with Swapzone!

Bloktopia Exchange Rate

BLOK by TradingView

What is Bloktopia?

The Bloktopia platform is literally a skyscraper based on virtual reality. It has 21 levels to pay homage to the maximum supply of Bitcoin, which is capped at 21 million units. Holding the BLOK token earns you the name Bloktopian.

Bloktopia will serve all levels of crypto experience by acting as a central hub that many users can relate with. In a first of its kind, users will be able to learn via access to immersive content and crypto information in a single entity. That is not all; Bloktopians will also be able to earn via income generated from advertisement, building networks, owning real estate, playing games among others.

Using some of the most advanced real-time 3D creation engines in the world, the metaverse of Bloktopia hopes to create a spectacular user experience and visualizations. Bloktopia is combining the power of blockchain, crypto, AR, and VR to bring forth a decentralized platform fit for developers, investors, future entrepreneurs, and players.

The fast and reliable Polygon blockchain is where the Bloktopia metaverse calls home. It is built using the Unity cross-platform game engine by the Sony PlayStation VR founders.

Key features

The key features of Bloktopia revolve around the four pillars of the Bloktopia Metaverse. They are:

Learn. Bloktopia is presenting itself as a focal point that users around the world can visit to learn information regarding the crypto world. A topic many can find challenging.

Earn. There are several earning opportunities infused into the Bloktopia metaverse for Bloktopians. These earning opportunities include buying or speculating on real estate. You also lease or resell bought real estate. That is not all, users can also earn through staking, advert, and passive earning.

Play. The Bloktopia metaverse exists so that users can socialize, relax, compete and have fun with friends via VR first-person interaction.

Create. Users can utilize a simple builder to bring their creativity to life through artwork, creating scenes, or winning prizes by participating in events.

Key places in Bloktopia

Spawning Stage

When you venture into the Bloktopia metaverse, you will need to create an avatar. The created avatar will be spawned outside the Skyscraper. To access the building, users need to enter via the building’s concourse.

Level One

Every Bloktopian starts at the first level when they enter the skyscraper, this level has the biggest footfall in the whole building. This level is also vital as it hosts the crypto pricing data, premium retail space, help desk, and navigation area.

Gaming and Penthouse

You can only access gaming activities from the last floor of the building, which is floor 21. There are various games available from R18 rated games to multiplayer, child-friendly games. Access to this floor is also by invitation and those invited gain access to the luxury penthouse on this floor where they compete for the native token of the platform called BLOK. The token serves as the governance and utility token of the metaverse.

The Auditorium

There is also a virtual auditorium that can host various types of big presentations, events, and talks relating to the world of cryptocurrencies. This helps keep users updated about the latest trend in the crypto world. Any Bloktopian that grace events hosted in the Auditorium will gain BLOK coin as a reward.

Earning opportunities

Earning with BLOK

The BLOK token can be bought and sold by Bloktopians through CEXs and DEXs. To reduce the maximum supply of the BLOK token, every token from the early real estate purchases will be burnt publicly. To buy items in the metaverse will also require BLOK.

Earning With REBLOK

In the metaverse, when you buy real estate it is called Reblok. Users can buy real estate after BLOK distribution event. Real estate is regarded as a very valuable commodity in the Bloktopia metaverse where users can resell or lease their real estate to earn passive income. They can also speculate on real estate.

Earning With ADBLOK

Another important way of earning on Bloktopia is through advertisements. The platform intends to partner with key brands and present them with the opportunity to advertise within the metaverse of Bloktopia. A part of the fees generated from ads will be distributed to BLOK holders.

Additionally, to give the BLOK token good value, all BLOK tokens got from the proceeds of BLOK real estate sales will be locked publicly. This will consequently reduce the BLOK token supply.

BLOK token utility

As you already know, the BLOK coin is the native crypto of the Bloktopia platform. It will be needed before you can buy or lease real estate in the metaverse. With the BLOK token, users can buy items on the Bloktopia marketplace through an NFT mechanism. Items that can be used to personalize your avatar and customize your real estate will be on display.

The BLOK coin crypto is the utility token and holds several functions with the Bloktopia metaverse like gaining access to pre-sales and exclusive events as well as staking.

Additionally, the token will also serve as a governance token and Reblok NFT holders will be among the governance council. Voting is done through a DAO and each NFT represents a vote. On every proposal made to the DAO, the majority of votes wins.

Partners

In recent times, the Bloktopia platform secured a partnership deal with Elrond, a blockchain network. It signifies the intent of the Elrond platform to go into the metaverse. By taking up the role of Anchor Tenant in the metaverse, the virtual headquarters of the Elrond platform will be on level 1. This gives Elrond maximum exposure for its personalized lounge and content.

Other partners of the Bloktopia metaverse include the Polygon, Zokyo, Anzu, and Venly. The notable investors also include Magnus Capital, Genblock Capital, Bitboy crypto, AU21 Capital, etc. involved in the project.

Bloktopia swap: How to exchange BLOK at the best rate?

Swapzone is a good place to perform a Bloktopia swap as you can exchange BLOK tokens from the list of listed pairs. What Swapzone does is aggregate Bloktopia exchanges where you can convert to BLOK token by giving you the best rates from various available exchanges.

  • Go to Swapzone, and select the pairing you want. For example, ETH/BLOK pairing.
  • Input the amount of ETH you want to exchange. Swapzone will bring you the best rates from various exchanges offering this pairing and show the amount of Bloktopia tokens you are getting.
  • Select the best offer that suits you from the list of Bloktopia exchanges
  • Click exchange.
  • Enter the wallet address you want your BLOK token sent to
  • Click on proceed the exchange. This will give you a QR code with the address you will send your coins to in exchange for a BLOK token. There is also an option for a refund address, which is the address where the coin will be refunded to.
  • Wait for the deposit to be processed by the exchange service and the exchange to be done.
  • Don’t forget to rate the exchange partner and leave a review, so we can gather more information on the exchanges for future users

Popular pairs to convert Bloktopia

Frequently asked questions

What is the Bloktopia exchange rate?

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An exchange rate is the rate at which one cryptocurrency can be exchanged for another through a certain crypto exchange provider. Cryptocurrency exchange rates on Swapzone reflect current prices of crypto assets and are updated every 30 seconds for you to keep track of any market changes and fluctuations to profit when buying the dip or going with the best exchange rate and the lowest exchange fees. All cryptocurrency exchange providers have their own rates, which depends on supply and demand, mining rewards, costs and so on. See what else might affect the rate in our article on prices.

There are two types of exchange rates aggregated by Swapzone – fixed rates and floating rates. To receive the exact amount of crypto that is displayed at the beginning of the exchange and shield yourself against the market's volatility, opt for fixed-rate offers. If you're ready to take a risk and receive less or more than the sum displayed, go with floating-rate offers but bear in mind that floating rates may drastically change any second. You can refresh your memory on how to get the best exchange rate here.

Where to find the lowest transaction fees?

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Crypto transaction fees may vary depending on the network (Ethereum transaction fees tend to spike during the congestion on the network), your chosen cryptocurrency, an instant exchange provider as well as its transaction processing speed and internal policy. These fees may be relatively low but it’s crucial to know they may be imposed in the first place.

If you want to exchange cryptocurrency with the lowest fees, beware of the offers with a grey-colored “Transaction fees are not included” label displayed under the exchange rate. To avoid having to pay an unexpected amount of fees during the exchange, opt for those that do not have that label. Read our articles to learn more about how to exchange cryptocurrency with the lowest fees and find out which assets have the lowest transaction fees.

What is average transaction time?

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Transactions usually take from 5 to 30 minutes to be processed, especially if you choose currencies with speedy networks. However, there are several factors that may affect and slow down the exchange process, i.e. transaction volume, blockchain capacity, network updates, cryptocurrency itself and the capacity or chosen exchange platforms.

The processing may take longer due to the large transaction volume, congestion of the network, blockchain overload and market overload, technical issues or system failures, lack of liquidity or network maintenance.

The transaction may be also stuck if you forget to add a required Extra ID, mistake networks or use the wrong wallet for a chosen crypto asset. If you worry that the exchange processing is taking too long, please, contact us at [email protected] or via our live chat on the landing page.

How to choose a cryptocurrency wallet to store Bloktopia?

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To exchange, buy, sell or trade cryptocurrency and store your crypto keys safely and securely, you need a crypto wallet. Choosing the best cryptocurrency wallet is a question of preference and need. To learn more, read our guide on how to choose the best cryptocurrency wallet for your needs.

There are several types of wallets for different crypto assets and tasks. Software wallets, or hot storage wallets, are connected to the Internet and come in many forms: Web, Desktop, Mobile or Browser Extensions. If you want to build a large crypto portfolio, you might want to look at multi currency wallets like Exodus, MetaMask, TrustWallet, Atomic or Guarda. If a coin or a token of your choice isn’t available there, you can always opt for a single-currency wallet that is usually designed by the project that launched the asset.

If you take safety and security matters seriously, go for hardware wallets, or cold storage wallets, like Ledger or Trezor, or even paper wallets. We strongly recommend you to do your research before creating a wallet: read the reviews to see what the community thinks, learn about the fees a particular wallet imposes for performing transactions, check out supported currencies and networks and see its security policy.

What is the best cryptocurrency exchange for beginners?

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There are loads of different crypto exchange services, with new platforms emerging every month. Exchange providers differ by supported currencies, liquidity providers, fees, customer support, user interface, level of privacy and anonymity and customer support, which makes it hard for beginners to understand which one to choose. To learn more about what these exchanges offer and how you can assess them, read our guide on how to choose the best exchange platform.

To navigate them through the field full of services, we conduct research and thorough analysis of the market & list both prominent and promising exchange providers, keeping in touch with their teams 24/7. We give you all the necessary data on the offers they provide as well as their brief history, KYC/AML policies, reliability and advantages, while also indicating their downsides so that you don’t have to do that yourself.

What is Swapzone?

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Swapzone is an instant non-custodial cryptocurrency exchange aggregator that helps users make an informed choice when exchanging crypto assets. To make this possible, we gather the information on the exchange providers, select the parameters for comparison, aggregate and sort available deals & give an option to make a swap through providers' APIs in the same interface with a common user flow for every exchange. Still have doubts? Here's 9 reasons why you should use Swapzone to exchange crypto.

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