McDonald’s Favorite Metaverse Project
50x Growth | Actual Potential | Studio | Land | Animoca | Strategy
We have three years from 2023 to 2025, which might be highly beneficial to the metaverse. This is due to the fact that many businesses are optimistic about the metaverse. Apple is also planning to release their metaverse (Mixed Reality) Headset, which is a notable factor.
In this market, I discovered a small-cap cryptocurrency in the Metaverse ecosystem that has the potential for a 50x return. Despite being 95% down from its peak, development on this project has not stopped. The name of this project is Bloktopia.
Building Floors
The Bloktopia project is a metaverse building with 21 floors. You’re probably wondering why just 21 floors were built. The idea behind this is that there is a supply of 21 million bitcoins, thus set a floor with the number 21 in mind. These 21 floors include Metaverse’s office, events space, stores, restaurants, and gaming area.
The 1st, 6th, and 21 floor are the most important. The first floor is where the overview will be available. On the sixth floor, an auditorium has been kept for film presentations on AIDS. On the 21st floor, there will be gaming competition events.
Bloktopia provides services for those people who hold events in the metaverse.
Dubai Studio
Bloktopia has established a new parent company with an official license in Dubai. Lumocolor studio is the name of the parent company. Since everyone is aware of Dubai’s love for the metaverse and cryptocurrencies, many businesses are moving there in order to get support.
From the Lumocolor studio in Dubai, where Metaverse will offer its services, everything will be put up.
Land
Bloktopia’s use case is to purchase, sell, and rent out properties. Sandbox and Bloktopia are projects that are similar in nature. The difference is that “sand” is a combination of virtual assets and gaming features that is not presently available in Bloktopia, but it may be added in the future through its Blokpad. Blokpad was established to serve as a project developer.
McDonald’s
Bloktopia has collaborated with a number of major projects. McDonald’s is also interested in entering the Metaverse. If McDonald’s enters the metaverse, it is very likely that it will select Bloktopia. McDonald’s has been following Bloktopia on Twitter for a while now, and its team has noticed.
MEXC Global purchased land in Bloktopia in December of this year. The Brandon Animoca has also acquired lot of land.
Binance has collaborated with bloktopia through BinanceNFT. Polygon has also declared that they would open an office in Bloktopia’s building in the near future, while Kucoin, Solana, and Lbank have made similar announcements.
Meta Space
Their virtual reality experience, meta space, Available Today (9th February). The corporation may rent out this meta space for VR concerts, product launches, promotions, and conferences. In this meta space, there are several advertisement boards, including kucoin, binance, and coinmarketcap. In some ways, this is also an advertisement project. Because such large initiatives are focused on them, it indicates that the project is powerful.
Binance
BLOK is not yet listed on Binance, however if the use case becomes operational and the coin’s price begins to rise, Binance will most likely list it. Because Binance has collaborated with them, the listing must happen sooner or later.
Promises
The Sandbox had an initial listing price of 0.05 and reached a high of $8 during the 2022 bull run, resulting in a return of over 150x. This was made possible due to the Sandbox’s commitment to providing regular updates and fullfilling its roadmap, making it one of the most beautiful metaverse projects currently available. Similarly, Bloktopia is keeping its community informed through regular updates on Twitter and is adhering to its roadmap.
Launching of Metaverse
Sand prices increased by 10x as soon as Sandbox announced the launching of Metaverse. This pumping occurs when product development is followed by market execution. Similarly, as soon as Bloktopia’s 21-story building goes live, huge brands will flock to it. At that point, the price of Blok Token will show the hype.
You may express your imagination while playing in this game. They will provide all of the assistance and equipment you need to develop something amazing.
CTO of Bloktopia
An experienced leader in immersive technology with a strong history in many different sectors and several patents. Previously worked at Sony.
Animoca
Animoca is Sandbox’s parent company. Animoca obtained initial funds to build a web3 metaverse sandbox. The same Animoca brand is the major investor in Bloktopia, having bought a significant portion of the land.
Bloktopia has listed an NFT called ADBLOK for sale on the Binance NFT marketplace. Its price is around $5500, or 1.2 million Blok tokens. All the NFT sales revenue will be used to buy back BLOK tokens, which has so far accumulated a fund of $1.87 million. Half of the supply will be burned and the other half will be held in a company wallet for two years as part of a mechanism to reduce the overall supply in the market.
When the community is interested in spending time within it, numerous brands will build showrooms inside it where rent will be paid and Nfts will be sold.
Bloktopia has a market capitalization of about $29 million. Its use case has not been officially launched; when it is, Its market valuation may get hyped
IDO
Bloktopia’s IDO pricing was 0.00025. It is still 12 times more costly than the IDO price, thus the pre-investor is still profitable. If the price of the Blok token falls below 0.00099, we will have a very nice entry point.
Will It Reach $1 or Not, and Now We Should Talk Investing Strategies…
Many people have purchased Blok tokens at extremely high price. Your Blok investment has been reduced by 75%, resulting in a loss of $75 out of $100. If you are considering dip buying, you do not need to invest $100, but simply $25. You will have earned $75 as soon as the token returns to the above mentioned purchase price. You will be able to withdraw this additional investment at that point.
It is important to note that the following information should not be taken as investment advice. However, some individuals may choose to consider investing $100 in a dip, with the intention of withdrawing their initial investment when they see a return of 25–30%. This process of withdrawing the seed investment and holding onto the profit could potentially result in a long-term hold, leading to further gains if a sub-trend begins.
If Blok Token reaches its all-time high, it has the potential to provide a return of 5200% from its current price. If you have aquaired Blok of $25, and if that reaches the all-time high, it has the potential to yield a profit of $25 x 52= $1,300.
Blok’s price may or may not hit $1 in the future, but making money is important. If you are making 200x profit on $1, you will easily make 100x if you keep selling little by little in between. Even if you obtain a little less, if you do not profit book, you will never be able to earn money from cryptocurrency.
The Blok project is excellent, but don’t grab too many tokens at once. I believe that a further drop in the block is possible seeing that the IDO price was $0.00025 at the point.
Supply Game
19% of all early investors’ supply will be unlocked. Currently, 17.5 billion supply is on the market, followed by 20.5 billion supply, for a total of 38 billion supply in circulation.
Facebook’s metaverse is centralized, but demand for decentralized metaverses will be high in the coming days. Bloktopia’s market cap reached $1.2 billion during the last bull run, and it is expected to reach $10 billion during the next bull run. According to 10 billion market cap, the price can range between $0.2 and $0.5, however this is in proportion of 38 billion supply.
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Disclaimer
This is not a Financial Advice. This article is meant only for educational purpose. I am just sharing my thoughts and analysis based on my many years of experience.