Bloktopia News – BLOKPAD Launches $BPAD Token on 28th January 2022

BLOKPAD is launching a new token this week called $BPAD. Registration for the $BPAD IDO will open on 25th January 2022 at 15:00 UTC for both platforms, BLOKPAD or TrustPad. IDO will take place on 28th January 2022.

Bloktopia with the launch of its BLOK token was the most successful IDO of 2021, and BLOKPAD will follow the same formula as the $BLOK launch.

There will be an allocation of 743,750 BLOKPAD tokens in the public round, which is equivalent to 595,000,000 $BPAD tokens at $0.00125 each.

Trustpad will allocate $100,000 to the public in the form of 80,000,000 $BPAD tokens at $0.00125 per token.

The snapshot has already been taken. Airdrops of $BPAD will be given to investors who staked in SIDUS and SYN City at a rate of 0.04667 $BPAD per $BLOK staked on BLOKPAD.

BLOKPAD Tiers

What is the purpose of BLOKPAD’s new token?

BLOKPAD team took community feedback into account after launching the SIDUS NFT Heroes IGO, and decided to split BLOKPAD launchpad into two separate services. BLOKPAD VIP and BLOKPAD ESSENTIAL.

BLOKPAD VIP will be a service that will be able to facilitate the incubation and IDO launchpad of elite projects. $BLOK will be the staking token for allocation in BLOKPAD VIP.

BLOCKPAD ESSENTIAL will act as a launchpad for all projects seeking to launch. New token $BPAD will be the staking token for allocation in BLOKPAD ESSENTIAL.

In addition to supporting the BLOKPAD team’s running costs, the $BPAD token ensures that no fees will be charged to participants on either BLOKPAD service.

Additionally, it will allow staking rewards to be issued (something that was impossible with $BLOK tokens because they were already set aside for use in Bloktopia).

How to Participate in the $BPAD IDO?

Anyone with $BLOK may participate in the $BPAD IDO. Listed below are some key details regarding participation in the $BPAD IDO.

  • Registration for $BPAD begins at 15:00 UTC 25th January 2022, on BlackPad & TrustPad.
  • BOLKPAD will again offer both a Lottery and a Guaranteed allocation system in order to offer its Tiers.
  • Any new participant needs to KYC. KYC will only occur after winning a ticket to participate in the IGO for Lottery Tier participants. As long as KYC has previously been passed for Sidus NFT Heroes or SYN City IGOs, participants are not required to pass KYC again since their staked wallet address is now Whitelisted for all IGOs and IDOs.
  • The $BLOK tokens will remain locked for 30 days after the $BPAD IDO, which will take place on 28th January. The locks can be unstaked at any time prior to the expiration of the 30 day period, but there is a 25% penalty for unstaking.

BLOKPAD Lottery Tiers

 

 

Tier 9 allocation spots are up for grabs for ten whitelist spots. Simply follow the steps here to apply. It is necessary to provide a wallet address and Telegram handle: https://gleam.io/qIFTX/bpad-10-x-winners-tier-9-whitelist-allocations

BLOKPAD is the first launchpad set ever in the Metaverse. BLOKPAD is owned by Bloktopia, a virtual skyscraper and the home of crypto, providing access to one-stop crypto information and immersive content.

Bloktopia aims to facilitate global mass adoption of crypto by breaking down barriers and making it more digestible and mainstream. 

Bloktopia, with the launch of the BLOK token, was the most successful IDO of 2021. BLOKPAD will follow the same formula as the $BLOK launch, guiding projects as they develop to ensure they have the right building blocks.

The goal of BLOKPAD is to incubate top-notch projects that are on their way towards the crypto space. Bloktopia will be an exclusive community for these projects.

Bloktopia is a decentralized metaverse based on Polygon and created to deliver a unique VR experience for the crypto community and bring users together in one immersive and participating virtual world.

Fundamentally, it’s a Skyscraper with 21 floors intended to pay tribute to 21 million Bitcoin. It will operate as the main hub and include all crypto experience and knowledge stages.

In Bloktopia, VR technology can be used to link, play video games, have fun, and compete in many ways, providing a first-person perspective unavailable elsewhere. 

This will be the first time users have access to crypto information and interactive content under one roof.

Bloktopians will be known as token owners, and Bloktopia will act as a central hub, welcoming crypto enthusiasts of all levels. Users will be able to connect to crypto information and engaging material all in one place for the first time ever.

Through the ownership of the real estate, advertising revenues, play-to-earn concept, and many other opportunities, players will earn revenue in the Bloktopia Metaverse. 

Bloktopia’s four main principles

1. Learn: This is the first component and was built on the premise that crypto can be pretty challenging to steer around.
Information and resources on crypto are sown randomly around the Internet in places such as YouTube, Telegram, Crypto Twitter, etc., where they are very disorganized. The goal of Bloktopia is to address this challenge by positioning itself as a central hub where users can gather and learn in an open, caring environment.

2. Earn: Bloktopia offers opportunities to earn revenue through the many income streams it provides. To build wealth, Bloktopians have many avenues such as Bloktopia real estate, passive earning, staking, and advertising.

3. PlayThis is another integral part of any metaverse, and one cannot imagine relaxation, fun, or competition without it. Bloktopia allows users to play interactive games, converse with friends, and network while experiencing a virtual reality world from a first-person perspective.

4. Create: Lastly, development projects will volunteer their users a chance to push the boundaries of their cleverness by establishing scenes, artworks, challenges, and more, applying the simple make tool, and then taking part in affairs to triumph prizes.

Bloktopia News

Disclaimer: The information provided on this page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and it should not be treated as such. This content is the opinion of a third party, and this site does not recommend that any specific cryptocurrency should be bought, sold, or held, or that any crypto investment should be made. The Crypto market is high-risk, with high-risk and unproven projects. Readers should do their own research and consult a professional financial advisor before making any investment decisions.

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