How to Buy Bloktopia (BLOK)

The virtual reality world of Bloktopia offers an interesting concept, by using the metaverse to drive higher levels of engagement within the crypto community. The virtual reality experience pools together basic crypto education and awareness, blockchain gaming, NFTs, virtual events and more revenue generation opportunities for token holders.

As a result, Bloktopia promises to be an extremely versatile project, merging opportunities of physical and virtual worlds. Its multiple use cases offer high potential for growth in BLOK price in the future, especially as more features get added and more levels are developed.

Bloktopia aims to offer an innovative central hub for its token holders to generate passive income, through real estate ownership and ad revenues in the metaverse. In addition, the play to earn levels can go up against other established GameFi leaders in the crypto market, such as Decentraland and Axie Infinity.

As the metaverse develops in terms of features and use cases, the Bloktopia price can rise even higher in the future. Such a development could make getting into BLOK as an early investor quite lucrative.

BLOK cannot be mined as the Bloktopia developers had already created an initial circulating supply of 2.04 billion BLOK tokens. BLOK is an ERC-20 token developed on Polygon.

While it cannot be mined, there are multiple ways to get BLOK tokens:

Buying Bloktopia on Exchanges

The BLOK token is already listed on several leading crypto exchanges, including KuCoin. You can buy and trade Bloktopia on these platforms.

Do ensure that you check the current price of Bloktopia crypto, BLOK market cap, current circulating supply, 24-hour trading volume, and other BLOK price statistics before placing your buy trade. Performing careful fundamental, technical and sentiment analysis before you buy BLOK can also maximize your chances at profiting from the trade.

Staking BLOK

BLOK can be locked in staking pools to generate APYs. KuCoin Earn is one such avenue that lets you stake your Bloktopia tokens to generate passive revenue.

Buying Real Estate on Bloktopia and Earning Revenue

You can use BLOK to buy virtual real estate from the Bloktopia marketplace. You can then rent out or lease your initial real estate purchases to earn rewards in BLOK in return. You can also sell your land to earn profits in BLOK after holding it for some time.

Playing Games on Bloktopia

You can also earn BLOK while playing games within Bloktopia. Rewards received will be distributed in the form of BLOK tokens.

As of March 2023, Bloktopia’s games have not yet been released. Once launched, users can enter the Bloktopia metaverse and head to the level that hosts games. They will then be able to play all games on offer and earn rewards for their efforts.

Bloktopia has commenced the sale of Land NFTs on its platform. Here’s how you can buy LAND in Bloktopia:

1. Visit the Bloktopia Land Sale section of the app. Connect your wallet to Bloktopia.

2. Fund your wallet with sufficient tokens by buying BLOK on KuCoin or other supported platforms and withdrawing your tokens to your wallet.

3. Click on the available levels and review the plots of land available for sale.

4. Click on the plots on sale to check their rates.

5. Select the plot you are interested in, review the price, and use your wallet to pay for the Land NFT.

The Bloktopia network team burns tokens at regular intervals to increase the value of BLOK. For instance, in February 2022, $1 million worth of BLOK tokens were removed from the circulating supply after an NFT ADBLOK sale.

The buy back of BLOK on KuCoin after the first ever NFT sale helped reduce Bloktopia's circulating supply by almost 3.2 million. The move, in turn, helped increase the Bloktopia price and market cap.

The team of developers plan to use the same process of lock and burn of BLOK tokens earned from the proceeds of NFT sales in the future as well. This will continue to reduce the total supply of Bloktopia.