Boxing in the Metaverse—Jake Paul gives away a piece of his Bloktopian real estate valued at $100k

CUPERTINO, Calif. - Nov. 28, 2021 - PRLog -- Celebrity Boxer and investor, Jake Paul, will be giving away a piece of his home to one lucky winner next month.

The piece of his home is part of something called Reblok and exists as a non-fungible token (NFT) inside Bloktopia, making it one of a kind.

Priced at 1.2million BLOK—Bloktopia's native cryptocurrency—the current value of the real estate portion sits at around $100,000*.

Jake Paul said, 'When I first found out about Bloktopia, I thought it was such a unique opportunity that I had to get involved in it. The Reblok up for grabs is part of my home and legacy in Bloktopia and whoever wins isn't just getting a piece of real estate in Bloktopia, they're getting a piece of my real estate.

Alongside Jake Paul's plush Bloktopian pad sit other buildings with flashing neon signs showcasing the names of illustrious brands in the crypto space including Kucoin, Duckdao, BitBoy, Avalanche, Crypto Wendy-O, Animoca Brands, Polygon and Jake Paul's own investment company, Anti Fund. Even more recently, the likes of Binance NFT have taken up a virtual store in Bloktopia, highlighting the metaverse's strong pull within the nascent crypto industry.

Paddy Carroll, co-founder and CMO of Bloktopia, said, 'With each passing week, Jake finds himself surrounded by an ever-growing number of huge blockchain brands. He's a visionary and a trendsetter who fully gets crypto, NFTs and how important they'll be in the future.

'Through Anti Fund, along with a host of other investors, Jake helped us raise $4.9million which is being put to good use propelling the Bloktopia project forward.'

Highlighting the metaverse's popularity, the price of BLOK saw parabolic growth, rocketing from $0.00025 per token to more than $0.17 in October—an eye-watering 70,000 percent increase.

'The rapid increase in price in such a short space of time makes Bloktopia the most successful initial dex offering (IDO) of all time (https://medium.com/@bloktopia?p=2b23eee30c95),' said Paddy. 'It's been a humbling experience but it highlights just how hot the metaverse space is right now. With Facebook rebranding to Meta, and Microsoft diving in, too, my gut feeling is this really is just the beginning for one of the most exciting spaces in crypto.'

Enter Bloktopia's Jake Paul's Reblok competition here (https://gleam.io/jsQ1r/jake-paul-bloktopia-reblok-nft-giv...).

Competition closes on December 15, 2021.

*Cryptocurrencies are volatile and prices change quickly. Price correct at the time of writing.

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Editorial notes

Bloktopia was founded by university friends Ross Tavakoli and Paddy Carroll.

BLOK was launched on Kucoin and Quickswap cryptocurrency exchanges on October 6 at $0.00025. On October 13, the price reached $0.0298, an increase of more than 10,000%