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GAINS Associates

Bloktopia — Telegram AMA — September 29

On Sunday, September 29, we had the pleasure to welcome to our Telegram chat:

Paddy Carroll, Co-founder and CMO

We asked him questions about the development of Bloktopia.

Some sentences have been slightly edited for readability but the meaning has been conserved.

Summary

Bloktopia is a Skyscraper made up of 21 levels to pay recognition to 21 million Bitcoin. Token holders will be known as Bloktopians. It will act as a central hub and welcome all levels of crypto experience. For the first time ever, users will have access to crypto information and immersive content all in one place. Bloktopians will be able to earn revenue through real estate ownership, advertising revenue, play games, build networks and much more. By using the world’s most advanced real time 3D Creation Engine, Bloktopia will leverage this technology to create stunning visualisations and user experience.

Bloktopia may be compared to a 21-story retail mall, with each Level representing one million Bitcoin supply.
Instead of shopping, each Level features storefronts representing various projects, exchanges, influencers, or crypto businesses that provide an immersive consumer experience. For example:Floor 6 will include an auditorium with immersive and interactive keynote presentations from some of the most influential individuals in crypto. Users, also called bloktopians, will be motivated to attend by receiving $BLOK, Bloktopia’s native token.The top floor will be a luxurious penthouse space dedicated just to gaming. Players will earn $BLOK by competing in multiplayer games, which will create an exciting sports-like environment.

What makes bloktopia unique is that anyone can check several different crypto apps, crypto websites, crypto social media platforms in one place. This metaverse will be an enclosed space, where users will easily find the information they wish to engage. It won’t be a sprawling world that is cumbersome to navigate. The project will allow monetization through an in-game advertising strategy and the creation of NFTs.For example, users will create locations, showcase artworks, and design challenges using a simple builder tool. For the more advanced designers, there will be an SDK to fill the world of Bloktopia with social games and applications.

Introduction

Q — Ayeley from GAINS: Please introduce yourself. What did you do before crypto and did you have any other previous venture in crypto?

A — Paddy from Bloktopia: Well look first of all I just wanted to say hello to everyone, and thank you for your support so far, it really does mean a lot.

I am Paddy and I am the co-founder and CMO of Bloktopia. I founded the business along with Ross, who is the CEO.

Paddy Carroll, Co-founder and CMO

Bloktopia was Ross’s vision. He has been involved in Crypto for several years and felt that there was a gap in the market for a project like ours. I am from a commercial and marketing background, working for some big brands here in the UK including BT Group and Flutter Entertainment. I was really excited after Ross had shared his idea and vision with me, and so got to work helping to build it out and make it a viable product.

About

Q — Ayeley from GAINS: What is the Bloktopia project about in a few simple sentences? And for long have you been working on it?

A — Paddy from Bloktopia: We’ve been working on it for most of 2021. Bloktopia is a visually stunning virtual reality skyscraper, with world-class user experience. Visitors can engage in basic or advanced learning from some of the world-leading minds in the Crypto industry — earn revenue, play games with friends, build networks, and much more.

Think of Bloktopia as a shopping mall, where instead of just retail, each store has a different project, exchange, influencer, or crypto brand offering an immersive customer experience.

Q — Ayeley from GAINS: I did see on the website that there were 21 levels in this skyscraper. Can you share exclusively with the GAINS community some of the items found on the levels?

A — Paddy from Bloktopia: We are currently building the game out in the Unity Engine. Simon Benson is our CTO and was a founder of Sony Playstation VR. So it looks amazing. Our focus to date has been to build out Level One, which is being completed today.

Level one will include some amazing brands including Polygon, Anti Fund, Animoca Brands, Jake Paul, Bitboy, DEXTools, Avalanche, Travala amongst others.

The ground floor will be very crypto-focused and immersive. We then have other key areas like Level 6 which holds an auditorium and Level 21 which is a gaming zone.

We also have a free-to-play game, BLOK Party, which is a daily chance to win our token BLOK for free. There are also play-to-earn opportunities. One being the Lamborghini win.

Every day, people will be able to pay to enter the prize draw for a Lamborghini. This will require $BLOK or another cryptocurrency to enter. The winner will get a real Lamborghini delivered to their door. You will be able to see a lot more in this trailer.

Q — Ayeley from GAINS: So instead of buying land, people would be able to buy floor space. Would you vet the activities that happen to ensure the security of guests in the Bloktopia realm?

A — Paddy from Bloktopia: Well to explain. $BLOK will be our currency within Bloktopia, allowing people to purchase items within our world. $BLOK will initially be used to purchase NFTs which will be sold for Real Estate (Reblok) and Advertising space (Adblok) in Bloktopia. Both generate incomes from advertisers and rental fees. Meaning that all NFT’s within Bloktopia, whether Reblok or Adblok, generate revenue for the holders as well as the more typical asset appreciation.

The tenants in the real estate spaces pay a rental fee to the Reblok holders. All of which form a DAO for any given space. They have governance, ensure fees are all agreed and set up correctly and have a responsibility for the security of their own space. We give them help and support to make sure that they have everything they need.

Q — Twitter user @MurdenNigel: Do you have a blueprint of the floor layouts?

A — Paddy from Bloktopia: Bloktopia is a skyscraper made up of 21 floors to commemorate 21 Bitcoin. Yes, we do indeed have a floor plan layout for each individual floor, some are mirrored and some are different. We also flex the amount of NFTs in each real estate space depending on the position. Level 1 is regarded as the most prime real estate within Bloktopia, however, there is something on each floor for everyone! A great deal of time and thought has gone into these layouts, to make the user experience market-leading, with a strong emphasis on being able to navigate the skyscraper with ease. All layouts and real estate will be made available in the upcoming Bloktopia NFT land sale, which we are extremely excited about.

Token

Q — Ayeley from GAINS: What other roles will the token play in the ecosystem?

A — Paddy from Bloktopia: Well there will be several NFT sales over the next few weeks, all of which will require BLOK.

Once Bloktopia is live, the token can be used to customize avatars, build out your own real estate spaces, enter exclusive events or play to earn games (Like the Lambo giveaway 🏎)

Partnerships

Q — Twitter user @Rogeralbertoz: I found out that Bloktopia and Trustpad have started a collaboration, Trustpad is a decentralized and multi-chain fundraising platform. Will Bloktopia use a platform linked to some centralized exchange? Is your vision centralized or decentralized?

A — Paddy from Bloktopia: It is true Trustpad is one of our IDO Partners along with, Seedify, Red Kite, and Oxbull. We have been blessed to have so much attention on Bloktopia and the support has been phenomenal! Also from the GAINS community, so thanks, guys.

Bloktopia is very much pitched as a decentralized project and vision at the core. Bloktopia will be owned by its NFT token holders, otherwise known as Bloktopians. They will decide on the course of the business, however, when it comes to exchanges we have a vision of both centralized and decentralized, to cover the mass market. Both of these options will be available very very soon… however I can’t say more than that at this time.

Funding

Q — Ayeley from GAINS: Did you raise funds so far? If so, how did you handle them? And are you planning to do any future raises?

A — Paddy from Bloktopia: Yes we did. We have raised $4.2m with the rest to come from our IDO next week. We were blessed to have been several times oversubscribed which we hope is a really good sign. No plans for future raises at this time.

Competitive Advantage

Q — Ayeley from GAINS: There are a lot of metaverse projects out there and more coming out every day. What sets Bloktopia apart from the rest?

A — Paddy from Bloktopia: There are, and let’s be honest here, they are amazing.

We have good relationships with a lot of the projects in the metaverse space and really admire their work. The thing which distinguishes Bloktopia from other metaverses is that it is more focused on the commercial side of crypto. It will be an enclosed space, a tower, not a sprawling world that is cumbersome to navigate. That means our users will easily find the information that they wish to engage in. Points of interest will be clearly signposted, and with stunning sightlines and visual effects, UX will be considered at every step. We think that makes us quite unique. The problem that we are trying to solve, is the ubiquitous nature of crypto. Where do you start, what do you look at. How do you follow all of the social channels, news outlets, exchanges, new projects, influencer updates? Well, you can do it all in Bloktopia.

Business Development

Q — Ayeley from GAINS: With respect to your roadmap, what should we expect in the coming weeks and months?

A — Paddy from Bloktopia: Lots! So, we are releasing a view of what we have built so far this week. After our IDO, we have the NFT sale starting next week too, along with the launch of the Bloktopia Wallet. We are also listing on a DEX and CEX.

Longer-term, we are going to continue to build out the metaverse floor by floor, integrate it into the Blockchain, bring more brands and content on board, and hope to launch in Q1 2022.

Q — Twitter user @Ibrahem24254134: Please tell us about the goal you want to achieve this year.

A — Paddy from Bloktopia: We have a number of goals this year, some of which the team has already achieved which we are very proud of! As mentioned, we have successfully completed our private round fundraise, with the prestigious Animoca Labs which we were delighted with. We have developed out our MVP and the development side of the business is ahead of schedule. Our next goal is to have a smooth and successful IDO and continue to build and expand the community of Bloktopians!! Our main overall goal is to continue to onboard massive crypto projects and influencers and build a beautiful metaverse that everybody will want to come and visit.

Paddy, thanks for coming into our community, and taking the time to answer our questions. — Ayeley Commodore-Mensah from GAINS Associates

Thanks, guys, will try to look through these and get back with some answers. Thanks so much for having me and for your support 👋 — Paddy Carroll from Bloktopia

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