Name: Bloktopia
SKU: BLOK
Price: 0.00029347962 USD

Bloktopia is a tokenized decentralized VR Crypto Skyscraper enabled by the Polygon Network. The Bloktopia Metaverse consists of Real Estate lands that can be bought and governed by the BLOK token holders (known as Bloktopians). The native token of the Bloktopia network is $BLOK. The Bloktopia [BLOK] market price is shown on this page.<h3>How Does Bloktopia [BLOK] Work?</h3>Posing itself as “The Decentralized Metaverse built and secured by the Polygon Network,” Bloktopia attempts to become a central hub for the entire crypto industry that can be accessed and utilized by all crypto users, irrespective of their crypto experience. Users gain access to cryptocurrency information and extensive related content all in a single place.&nbsp;The Bloktopia platform will allow monetization through advertising and sponsorship providing an opportunity to share in revenue generation via an NFT mechanism. By leveraging the world’s most advanced real-time 3D Creation Engine, Bloktopia aims to create high-end visualizations and the ultimate user experience. Bloktopians can educate themselves in the basics of crypto or engage in more advanced learning. The platform also seeks to provide users with new streaks of income through real estate ownership, advertising, playing games, building worlds, and much more.The project is on a mission to create the “Everything Crypto Ecosystem.” It will be a place where users will come to learn, earn, play, and create.&nbsp;To become a Bloktopia’s user, you need to create a Bloktopia wallet using your email or social media profile and establish 2-factor authentication. The Bloktopia wallet serves as an ID within the metaverse, and it also provides a storage solution for your BLOK tokens.&nbsp;The Bloktopia wallet can support different blockchains, including POLY, BTC, ETH, and BSC plus many others. The Bloktopia wallet is one of the only wallets that allow you to store and manage ERC 1155 NFTs.Upon setting the Bloktopia Wallet, you then will be required to create your personalized avatar with numerous customization options. The avatar must have a unique username, too. The Avatar and the unique name constitute the user’s Bloktopia passport. Avatars can be further enhanced and modified as you please by purchasing items from the marketplace.Once the avatar is up and running, it will appear outside the Bloktopia skyscraper. All users will enter via the concourse into Bloktopia, with their newly spawned avatar. This is how your experience begins in this virtual universe.Here are three main things to do while in the Bloktopia Metaverse:<ul><li>Earn. The platform allows you to generate revenue through multiple income streams. Some of the earning opportunities include:</li><li>BLOK. Bloktopians (users) can trade their BLOK tokens through decentralized and centralized exchanges. All BLOKs from initial real estate purchases are publicity burnt to decrease the total supply of tokens. BLOK tokens are also necessary to purchase items within Bloktopia, such as to upgrade real estate space or purchase staff from the marketplace. This is what makes BLOK valuable and in-demand for the ecosystem to function.</li><li>REBLOK. The act of purchasing real estate in this metaverse is called REBLOK. Users can buy real estate after the BLOK TGE (token giveaway event). Real estate acts as a valuable commodity in Bloktopia, allowing Bloktopians to speculate on the land in their possession and either resell it for profit or rent it out to generate passive income.</li><li>ADBLOK. The platform also offers an additional earning opportunity for investors through advertising. Bloktopia will cooperate with some brands and businesses and provide them with an opportunity to advertise within Bloktopia. Some portion of the fees generated through advertising will then go to BLOK token holders.</li><li>Create. Users with a creative imagination can design scenes, artworks, quests, and other content for the virtual world, using the provided intuitive builder tool. If you cannot create any content for Bloktopia, you still can participate in events to win rewards. For more experienced developers, the platform also provides a comprehensive SDK to design social games and applications for the metaverse and receive awards for such contributions.</li><li>Play. Bloktopia is basically a gaming world where you can relax, socialize, have fun, and compete against others. Users can play games, entertain friends and network through a truly engaging, first-person perspective of a VR world.</li><li>Learn. Beginner crypto enthusiasts can find it extremely difficult to pick up the basics of cryptocurrency and the related matters. Bloktopia will help know-nothing users to gain the necessary knowledge in a simple, user-friendly manner.&nbsp;</li></ul><h3>What is the BLOK Token?</h3>BLOK is the native token for Bloktopia to be used as the main currency within the platform. Access to Bloktopia is free to all whether you’re a Bloktopian or not. However, larger holdings of BLOK will provide Bloktopians (the platform’s registered users) with exclusive benefits.Some primary roles of the BLOK Coin look like the following:BLOK tokens will be sold during the IDO period to allow users to acquire real estate lands in the Bloktopia Universe with the NFT mechanism acting as proof of your ownership. Real Estate owners can customize their owned areas. Real Estate can be monetized by licensing, leasing out, or selling with the BLOK tokens used to facilitate transactions.Bloktopia has an exquisite governance model. REBLOK NFT holders will enter the Governance council. Each NFT will have a vote weight in a DAO (decentralized autonomous organization). Proposed offers will be filed to the DAO where NFT holders will vote. The proposal with the majority of the votes wins.Sponsorship and Advertising will play an important role in minting new BLOK tokens as revenue. Bloktopia is a crypto-focused hub that attracts crypto users and communities and therefore is a great opportunity for advertising and sponsorship for businesses of all types.Incentivized community participation. BLOK crypto is paid to the community members for their engagement and activities in the events within Bloktopia.Bloktopia Marketplace. It is an online supermarket where you can obtain real estate, items for your avatar, or purchase NFTs to create your specific Bloktopian reality.Staking. BLOK Tokens are required to operate the network, and they can be staked to earn annual yields.Access to BLOK-BIT. BLOK-BIT is the platform’s Investment Tank that showcases exclusive projects looking to fundraise. Projects will promote their ideas in a shark tank environment where only BLOK Token owners are eligible to invest.<h3>Where to Buy the BLOK Token?</h3>BLOK is listed on many reputable cryptocurrency exchanges, such as OKEx, QuickSwap, Gate.io, and KuCoin. Before you make a buying or trading decision, be sure you fully realize the fact that the market price of Bloktopia [BLOK] is volatile and can change drastically.<h3>Where to Store the BLOK Crypto?</h3>BLOK is an ERC20-standard token deployed on Polygon, a layer-two scaling solution of Ethereum. This means that you can store your BLOK assets within any ETH-compatible wallet, be it hardware or software. Some popular crypto storage solutions include Ledger, Trezor, Exodus, Trust Wallet, and MetaMask.<h3>How Secure is the BLOK Token?</h3>The Bloktopia platform is audited by Zokyo. It is a security team that made its name for protecting companies from hackers by offering enterprise-grade security services such as security auditing, penetration testing (network, mobile, app), data leak discovery, social engineering, VAPT testing, etc.

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IDO On Oxbull. Details:<ul><li>Total Raise: $100,000</li><li>Token Price: $0,00025</li><li>Token Symbol: BLOCK</li><li>Total Supply: 200,000,000,000 BLOCK</li><li>Token Listing: October 6</li><li>Vesting: 10% at listing, 20% distribution 2, 3 &amp; 4 &amp; 30% distribution 5</li></ul>

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Bitcoin block rewards are the payments miners receive for validating transactions and creating new blocks. They consist of newly generated bitcoins and transaction fees.

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Bitcoin halving is an event that reduces the rewards that miners receive for validating and adding new transactions to the blockchain by half and it occurs approximately every four years in the Bitcoin blockchain. This mechanism is designed to control the issuance of new bitcoins, limit the supply, and maintain Bitcoin's scarcity and value over time.

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Halvings reduce bitcoin creation rate, slowing down emission temps over time. This leads to curbing inflation. Decreased block rewards make miners rely more on transaction fees, potentially leading to higher fees and a self-sustaining network. Scarcity often drives up prices, attracting investors seeking hedging against inflation, impacting Bitcoin's economic dynamics. That’s why Bitcoin is often called “Store of Value”.

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Fear & Greed Index indicates the current market sentiment. There are 4 possible ranges: Extreme Greed, Greed, Fear, and Extreme Fear.<ul><li>Greed means that traders and investors feel too greedy. This may indicate that the market is due for a correction.</li><li>Fear means that traders and investors are too worried, close to panic sells. This could indicate a good entry point.</li></ul>It is also important to analyze how FGI changed over the period of time, for example in one day, week, or month.

The Fear and Greed Index (FGI) is a comprehensive tool for analyzing cryptocurrency sentiment. It is based on several important market indicators to determine the level of fear or greed present, with a range of 0 to 100.{br}{br}The Fear and Greed Index uses various modules to analyze influential variables in the cryptocurrency market, including volume, volatility, dominance, whale movements, search engine data, and order book analysis. It also features a machine learning algorithm that evaluates sentiment in social media posts and how popular technical analysis are affecting the market. Each module is given a specific weight based on its statistical impact on the market.

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We are assessing Bitcoin's volatility and maximum drawdowns, comparing these metrics with the average values from the past 30 and 90 days. We suggest that an abnormal increase in volatility signals a market driven by fear.

We evaluate current trading volumes and market momentum against 30/90 day averages, then combine these indicators. Typically, high daily buying volumes in a positive market lead us to conclude that the market is excessively greedy or overly bullish.

We collect and tally posts with various hashtags for each coin from Twitter (X) and monitor the speed and volume of interactions within certain time frames. A surge in interaction rates signifies heightened public interest in the coin, which we view as indicative of a greedy market.

A coin’s dominance represents its share of the total crypto market capitalization. For Bitcoin, an increase in dominance often stems from a flight to safety, reducing speculative investments in alt-coins as Bitcoin becomes the preferred safe haven in the crypto space. Conversely, a decrease in Bitcoin dominance suggests growing greed, as investors move into riskier alt-coins anticipating the next major bull run. For other coins, increasing dominance can imply a bullish or greedy sentiment specific to that coin.

We analyze Google Trends data for various Bitcoin-related search queries, focusing on changes in search volumes and identifying other currently popular searches.

The Crypto Fear and Greed Index is meticulously calculated based on a comprehensive analysis of multiple key metrics that gauge investor sentiment within the cryptocurrency market, such as the following.

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There have been three Bitcoin halvings since the launch of the Bitcoin blockchain. These previous halvings occurred in the following years:{br}{br}First Halving: November 28, 2012; the block reward was reduced from 50 BTC per block to 25 BTC per block.{br}{br}Second Halving: July 9, 2016; the block reward was reduced from 25 BTC per block to 12.5 BTC per block.{br}{br}Third Halving: May 11, 2020; the block reward was reduced from 12.5 BTC per block to 6.25 BTC per block.{br}{br}Fourth Halving: April 20, 2024; the block reward was reduced from 6.25 BTC per block to 3.125 BTC per block.

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The Bitcoin halving event, which is a process that reduces the reward for mining new Bitcoin blocks in half, has significant implications for miners, investors, traders, and users of the Bitcoin blockchain. These implications can be observed in both the short term and the long term. Let's explore some of the key implications in more detail:

How Does Bitcoin Halving Affect The Price of Bitcoin?

Bitcoin halving occurs to control the issuance of new bitcoins and ensure the cryptocurrency's scarcity. Bitcoin's protocol limits the rate at which new bitcoins are created, gradually slowing down the growth of its total supply. This deliberate scarcity is designed to mimic the scarcity and controlled supply of precious commodities like gold, making Bitcoin an attractive store of value and a hedge against inflation.

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Bitcoin halvings reinforce its reputation as a long-term investment by reducing the rate of supply issuance, making it scarcer over time. This scarcity, coupled with the network's growing adoption and utility, can enhance Bitcoin's appeal as a store of value and a hedge against inflation, attracting long-term investors.

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Bitcoin halvings directly impact miners by reducing their block rewards, cutting their income in half. This event can lead to increased competition and pressure on less efficient miners, potentially forcing some to exit the mining ecosystem while incentivizing more efficient operations and technological advancements.

Miner Economics

Mining difficulty is a measure of how much computing power it is required to mine new blocks in a blockchain network. It adjusts regularly to maintain a consistent rate of block production. When more miners join the network, the difficulty increases; when miners leave, it decreases.{br}{br}Hashrate, on the other hand, represents the computational power of the network's miners. It measures how many calculations a network can perform per second. A higher hashrate indicates a more secure and competitive network, as miners with more computational power are more likely to mine new blocks and receive rewards.

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Bitcoin halvings can influence the hash rate and network security by potentially leading to fluctuations in miners' profitability. If the price doesn't rise significantly to compensate for the reduced block rewards, some miners may leave the network, temporarily lowering the hash rate and potentially making the network more vulnerable to attacks until the difficulty adjusts.

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The next Bitcoin halving is expected to occur in March 2028, when the block height number hits 1,050,000. After that, the next block’s reward will be halved: 1.5625 BTC instead of 3.125 BTC.

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Bitcoin halvings can increase price volatility because they create uncertainty about future supply reductions. The expectation of reduced issuance can attract speculative trading and result in price fluctuations as market participants respond to changing supply dynamics. This can lead to both upward and downward price swings before and after halving events.

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The key to Bitcoin's long-term success lies in its Proof-of-Work consensus mechanism within a peer-to-peer environment. This mechanism operates independent of external inputs like clock readings. Proof of Work is based on a fundamental truth: computation requires work, and work requires energy and time in our universe.{br}{br}Difficulty adjustments are necessary to prevent Bitcoin's internal clock from speeding up due to increased miner participation or improved mining devices. Without these adjustments, the value of Bitcoin would quickly decline.

Bitcoin’s Strongest Feature

Subject

Bitcoin's maximum supply is capped at 21 million Bitcoins. This limit is hard-coded into the Bitcoin protocol and cannot be changed without overwhelming consensus from the network's participants. The maximum supply of 21 million bitcoins will be reached around the year 2140, when the last bitcoin will be mined.

Bitcoin Supply

Bitcoin halvings reinforce the scarcity of supply by reducing the rate at which new bitcoins are created. This controlled reduction in issuance over time maintains and strengthens Bitcoin's inherent scarcity, ultimately enhancing its appeal as a store of value.

Supply Scarcity

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Bitcoin operates on its own internal rhythm, characterized by a low frequency that allows for a sufficient buffer to delay communication between participants during the block validation process. Approximately every 2016 blocks, Bitcoin's internal clock is reset, resulting in an average block discovery rate of one valid block every 10 minutes.

What is Time in Blockchain

Key statistics on funding rounds for the past 30 days.

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What do you think about future halving?

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Market sentiment is very bearish, many assets may be undervalued.

Extreme fear

Market sentiment is very bullish, many assets may be overpriced.

Extreme greed

Market sentiment is moderately bearish, traders are taking less risk.

Fear

Market sentiment is moderately bullish, traders are taking more risk.

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