Bloktopia

<h2 id="header-0">Earn a new reward through Staking and unlock a new way to purchase exclusive Bloktopia NFTs</h2><p>In a move to evolve the Staking and NFT Ecosystem, Bloktopia has announced the creation of a brand new sub-token called <strong>$BLOKN</strong>.</p><p>This innovative token will serve as a reward mechanism for users who participate in specific Staking Pools, offering exciting new opportunities to purchase NFTs such as REBLOK and ADBLOK.</p><h2 id="header-1">The purpose of $BLOKN</h2><p>$BLOKN will stand as a unique token, distinct from the utility-focused $BLOK token. Unlike $BLOK, $BLOKN is not and will never be a tradable token. Its primary and only utility to be a means to purchase coveted Bloktopia NFTs- REBLOK and ADBLOK.</p><p>The introduction of $BLOKN serves as a compelling incentive for the community to stake their $BLOK tokens, providing not only lucrative rewards but also contributing to the burning of the total $BLOK supply.</p><p>The $BLOKN token <strong><em>will not </em></strong>replace the $BLOK token. There are <strong>no</strong> <strong>changes</strong>to the current $BLOK token and its utilities.</p><h2 id="header-2">How much is $BLOKN worth?</h2><p>The conversion rate is 1:1- meaning 1 $BLOKN token is equivalent to 1 $BLOK token. This is important to remember when it comes to purchasing ADBLOK and REBLOK NFTs.</p><h2 id="header-3">Earning $BLOKN through Staking Pools</h2><p>To earn $BLOKN, users can participate in designated Staking Pools. Bloktopia will launch a new staking pool where users can stake their $BLOK tokens, and in return, they will receive an equivalent amount of $BLOKN relevant to the APY of the Staking Pool.</p><p>The inaugural Staking Pool will span 180 days, with a maximum total stake of 200 million $BLOK. The Annual Percentage Yield (APY) for this staking pool will be an impressive <strong>200% APY</strong>. This is more than 3x than the highest previous top $BLOK Staking Pool and at a much lower maturity period.</p><p>These Staking Pools are unique and will remain separate to standard $BLOK staking pools, where $BLOK is still the APY% reward. These existing pools are unaffected by the introduction of the new token.</p><h2 id="header-4">A burning mechanism to reduce the total $BLOK supply</h2><p>A key feature of $BLOKN is its role in reducing the total supply of $BLOK tokens. For each $BLOKN used to purchase an NFT, Bloktopia will burn an equivalent amount of $BLOK from the Staking and Treasury Wallets it controls.</p><p>Additionally, the burning of $BLOK tokens used for NFT purchases will continue, providing further avenues to contribute to supply reduction. This innovative approach helps maintain the scarcity and value of $BLOK tokens, benefitting token holders and promoting long-term sustainability.</p><h2 id="header-5">Flexible Payment Options: Combining $BLOK and $BLOKN</h2><p>A significant advantage of $BLOKN lies in its ability to complement $BLOK for NFT purchases. Not only can users purchase REBLOK and ADBLOK through either $BLOK or $BLOKN in full, there is also the option to utilise a combination of both tokens to acquire NFTs, offering greater flexibility and accessibility for the community.</p><p>For users who may stake a lesser amount of $BLOK tokens, $BLOKN serves as an excellent option for part payments for NFTs. They can use their accumulated $BLOKN tokens and pay the remaining amount in $BLOK. Additionally, those who want to accumulate more $BLOKN tokens over time can participate in subsequent staking pools as new ones open, providing ongoing opportunities to earn rewards and purchase NFTs.</p><p>As an example- if a user stakes 1.2 Million $BLOK tokens in the 180-day staking pool, at the end of the staking period, the user will earn 1.2 Million $BLOKN tokens. With this rewarding outcome, the user can then purchase a 1.2 Million REBLOK (or any number of REBLOKs equating up to 1.2 Million total) using all of the newly earned $BLOKN tokens, with 1.2 Million $BLOK being burnt as a result of this purchase.</p><h2 id="header-6">Start earning $BLOKN today!</h2><p>The inaugural staking pool to earn the new $BLOKN tokens opens TODAY! Head across to Bloktopia Staking and join today:</p><p><strong><a href="https://www.bloktopia.com/earn/staking/join" rel="noopener noreferrer nofollow">https://www.bloktopia.com/earn/staking/join</a></strong></p><h2 id="header-7">About Bloktopia</h2><p>Bloktopia is a VR skyscraper made up of 21 floors to commemorate 21 million Bitcoin. 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.</p><p><strong>Learn, Earn, Play and Create</strong></p><p>Educate yourself in the basics of crypto or engage in more advanced learning from some of the world leading minds in the industry, earn revenue through real estate ownership &amp; advertising, play games with friends, build networks and much more.</p><p><a href="https://www.bloktopia.com/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/bloktopia" rel="noopener noreferrer nofollow">Twitter</a> | <a href="https://t.me/BloktopiaChat" rel="noopener noreferrer nofollow">Telegram</a> | <a href="https://t.co/0uepWqYWMd" rel="noopener noreferrer nofollow">Discord</a></p>

Bloktopia Introduces $BLOKN, a Reward Token Solely Redeemable against NFT Purchases

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