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A Look At Metabloqs: The Networking-Focused Metaverseby@Cryptonite
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A Look At Metabloqs: The Networking-Focused Metaverse

by CryptoniteMarch 11th, 2022
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Metabloqs aims to democratize the way people network, collaborate, learn and play. The project is building a virtual world where users can live in 3D meta cities. Users will be able to create digital assets in the form of Non-Fungible Tokens (NFTs) NFTs which can be traded on the marketplace. NFT holders can also create games and experiences that other users can participate in within the ecosystem. The platform will use algorithms to connect people who share similar interests and skills.

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Metaverse projects have been in the crypto space for a few years now.

We have seen popular metaverse projects that are gaming-focused like The Sandbox and Decentraland. 

There are also metaverse projects that are based on networking and forming relationships, like Metabloqs.

What is Metabloqs?

Metabloqs is a metaverse project that aims to democratize the way people network, collaborate, learn and play. 

Whilst a lot of metaverse projects are gaming-centered, this project is focused on creating a real-world experience. 

As part of this plan, they’re building a virtual world where users can live in 3D meta cities.

These meta cities are based on real-life cities with Paris being released as the first city in Phase 1 of the project. 

NFT lands and one “rare good” such as a car or house will be dropped to the first 5,000 residents.

These free drops will help users to build their own worlds and projects in the virtual space.

Users will be able to create digital assets in the form of Non-Fungible Tokens (NFTs) which can be traded on the marketplace. 

They can also create games and experiences that other users can participate in within the ecosystem.

Keeping in tune with the metaverse vision, Metabloqs plans to create a platform where users can build connections with each other. 

These connections will be built as users spend time together through leisure activities, commerce, and work.

The platform will use algorithms to connect people who share similar interests, along with a system that rewards authentic connections in tokens. 

World Overview

Whilst there are many advantages to the current blockchain platforms, there is still a big gap when it comes to trust. 

This is due to the fact that a lot of platforms promote anonymity and there is almost no interaction and communication between users at all. 

These kinds of environments offer limited sharing, collaboration, or networking features. 

There is also a lack of trust between users of these platforms, making communities hesitant to engage in networking and social commerce.

Metabloqs plans to narrow this gap by incentivizing trusted connections between its users. 

This will be accomplished through its algorithms that match users to build real connections.

How Does Metabloqs Work?

Metabloqs is built on the XinFin Blockchain, a fast and energy-efficient network with transactions costing less than $0.00001 on average.

This makes the metaverse platform more accessible to users, due to lower costs and faster transactions.

Users can play games, breed their avatars, socialize with other and build meta-cities.  

Metabloqs has a player-owned economy where users can own and trade resources they earn through games and contributions to the ecosystem.

Avatars can be customized with different outfits and hairstyles.

Every avatar has specific attributes and abilities, and users can purchase special skills (e.g. speed, magic, power, etc.). 

Rare avatars and unique digital assets can also be collected and traded for speculative purposes since they’re all NFTs.

What Can You Do In The Metaverse?

Since Metabloqs is intended as a real-life-focused metaverse, there are many ways that users can interact with their virtual world.

Corporate Employees

Businesses can arrange for professional education and training of their workforce via tailor-made courses inside the metaverse. 

For example, employees can earn a Certificate of Advanced Studies (CAS) inside the Metabloqs virtual world.

Online networkers

Metabloqs uses a networking algorithm that matches users based on similar interests and skills. 

This algorithm suggests which users to network with, helping users to find friends and experts inside the metaverse.

Students and corporate professionals have the opportunity to network with each other and get rewarded with tokens via the trust network system.

Event organizers

Users can organize fully online or hybrid virtual conferences, workshops, or company representations. 

They can also network with other users through these virtual events, helping them to build a professional career on the metaverse.

Users can organize start-up pitches, fairs & exhibitions, live shows, and auctions of NFT items. 

Gamers

Users can participate in blockchain-based games such as football/soccer, poker, and bowling.

NFT Holders and content creators

Users can visit a crypto museum on the marketplace that gives NFT holders an opportunity to showcase assets with educational and collectible values. 

Users can also add NFTs of artists, musicians, influencers, and students to their user profiles, allowing them to promote, buy and sell these assets with crypto tokens. 

These tokens can be transferred to exchanges and traded for fiat currency.

Virtual real estate

Meta-cities like Paris are being set up on Metabloqs, allowing users to buy, sell or rent digital assets like land, buildings, and cars.

This provides an opportunity for virtual, metaverse-based, real-estate investment and building. 

Users will be able to build properties through their player dashboard.

Social commerce

Users can turn social trust into tokens through a tokenized upvote system.

Participants will receive tokens via star ratings on the answers they provide. 

The system essentially turns likes and upvotes into cryptocurrency that can be earned for sharing your views and opinions.

This will help to boost social engagement since users will be incentivized to give helpful answers and opinions on the virtual platform.

It will also enable social commerce, allowing small businesses to engage with the Metabloqs citizens and guests to sell their products and services.

Final Thoughts

Metabloqs aims to build a realistic virtual world where users can network and connect with each other.

Its incentivized trusted connections feature is an interesting take on social rewards.

Only time will tell if this project can reach the popularity seen by established projects like Decentraland and The Sandbox.