Bloktopia
Crypto Overview
Project Overview
Bloktopia is a decentralized metaverse project built on the Polygon network that aims to create a virtual reality skyscraper with 21 levels, representing Bitcoin's 21 million maximum supply. The platform is designed to serve as an educational and entertainment hub for cryptocurrency enthusiasts.
Intended Utility
The BLOK token serves multiple purposes within the ecosystem: governance rights, access to virtual real estate, payment for advertising space, and platform transaction fees. Token holders can also stake BLOK to earn rewards from platform revenue.
Actual Utility and Adoption
The platform has established partnerships with projects like Polygon and KuCoin. Users can currently participate in the metaverse environment, purchase virtual real estate, and engage with educational content. The development team maintains regular updates and community engagement.
Token Distribution and Governance
Initial token distribution included allocations for team members, advisors, and early investors with standard vesting periods. The team has maintained transparency regarding token releases and development milestones. Development activity is consistently visible through regular platform updates and feature releases.
Technology and Revenue Model
The project generates revenue through virtual real estate sales, advertising space, and transaction fees. While staking is available, it operates through revenue sharing rather than interest-based mechanisms.
Crypto Impact
To assign a comfort level investing in Bloktopia from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Bloktopia.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.