Bloktopia price

BLOK

#919

Bloktopia is built by experienced blockchain veterans, headed by CEO and co-founder Ross Tavakoli. A “Crypto OG” who has been active in the cryptocurrency space since 2015, Tavakoli’s experience helps Bloktopia with retail investment in the platform. CMO and co-founder Paddy Carrol has worked for some of the UK’s largest brands like BT Group and Sky. The team is complemented by CTO Simon Benson, the project’s tech lead with over 25 years of commercial development experience, and CIO Libby Rothwell, with over 15 years of experience in the film industry.

In addition, Bloktopia has an array of investors that have helped it build a community of over 300,000 followers on Twitter. Animoca Brands, one of the biggest crypto VC funds, is its lead investor and was joined by funds like AU21 Capital, Magnus Capital, Polygon and Avalanche.

BLOK is the native utility token Bloktopians can unlock exclusive privileges with. It can be used to buy property and advertising space or vote in the metaverse’s governance. Bloktopians can use BLOK to purchase avatars and create a personalized version of the metaverse on the marketplace. Moreover, staking and rewards programs allow the community to earn income in BLOK.

The total supply of BLOK is 200 billion, according to the following distribution:

• Early adopters (3.29%): 5% at listing, 10% distribution 2, 3, 4 & 5, 15% distribution 6, 7 & 25% distribution 8
• Seed round (4%): 5% at listing, 10% distribution 2, 3, 4 & 5, 15% distribution 6, 7 & 25% distribution 8
• Private round 1 (4.15%): 5% at listing, 10% distribution 2, 3, 4 & 5, 15% distribution 6, 7 & 25% distribution 8
• Private round 2 (6.16%): 10% distribution 2, 3, 4 & 5, 15% distribution 6, 7 & 25% distribution 8
• Public sale (1.4%): 10% at listing, 20% distribution 2, 3 & 4 & 30% distribution 5
• Advisors (7%): Unlocked in month 12, linearly released in 12 months
• Team (15%): Unlocked in month 12, linearly released in 12 months
• Treasury (33%): Unlocked as needed
• Staking (25%): Rewards given from launch
• Exchange liquidity (1%): unlocked on TGE.

The initial supply at listing was 2.04 billion BLOK.

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