Bloktopia Raises $4.2M in Funding

Bloktopia

Bloktopia, a Douglas, Isle of Man-based virtual reality metaverse which will allow users to Learn, Earn, Play and Create and provides a central hub for everything cryptocurrency related, raised $4.2m in funding.

The rounds were led by Animoca Brands with participation from Jake Paul’s Anti Fund, Polygon, Bitboy (Ben Armstrong), Wendy-O, X21, Genblock, AU21, Avalanche, Shima Capital, TKX Capital, Kucoin Labs, DuckDAO, Dreamboat Capital and Magnus Capital.

Led by Ross Tavakoli, CEO, 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. Users will have access to crypto information and immersive content all in one place.

The company also released a list of the brands that will be taking up residency. The brands, referred to as ‘Anchor Tenants’, will occupy the spaces in the prime locations of the virtual reality skyscraper, where they will share exclusive and immersive content. Confirmed Anchor Tenants include lead investor’s Animoca Brands, they are joined by renowned crypto brands Polygon, Avalanche, Dextools, DuckDao, Anti Fund, Polkastarter, Travala, Kucoin, Collateral and influencers Jake Paul, Bitboy and Wendy-O, with Bloktopia reporting that several more agreements are in the process of being finalised.

A final $700k to complete the raise at $4.9m will be raised in the IDO for the native token $BLOK, which has been confirmed for the 5th and 6th October, 2021. The IDO will be hosted on the Seedify, Red Kite, OxBull and TrustPad launchpads.

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SOURCE Bloktopia