BlockPlay is building a social play-to-earn Metaverse with the core values of unity, community, and opportunity. They focus on creating high quality 3D NFTs, an immersive gamified universe, and want to unleash the community to drive the experience. They are already making partnerships with other projects in order to build a truly interoperable 3D Metaverse.
Despite being still in the early stages, the developers behind BlockPlay are developing their game and pitches quite fast. After only 3 days from the beginning of their marketing campaigns, they reached 1,000 discord members and the community is growing fast. We suggest you join their server and follow their journey!
Their Twitter is very active, with the team posting content daily. They’re running a lot of giveaways and hinted the game and its duo-token economy will likely run on the Polygon chain, as they announced several giveaways with $MATIC given to the winners.
What is BlockPlay?
The BlockPlay Metaverse will give everyone a chance to tell their story with your awesome, one-of-a-kind 3D NFT Avatar. Their first NFTs will drop in April 2022. The exact date is yet to be determined.
BlockPlay is a mixture of Grand Theft Auto and Minecraft with a foundation in play-and-earn. The team defines it as a Community-First Metaverse. BlockPlayers can play, build, learn and earn from virtual experiences.
At its core, BlockPlay believes in Unity, Community & Opportunity where everyone has a right to participate in the Metaverse with a free-to-play experience.
In the future, BlockPlay will integrate three core components:
BlockPlay Expo (BPX): BPX will serve as a significant bridge between real-world companies, brands, artists, and creators that want to have a presence and gain exposure to new communities being formed in the BP Metaverse; The first Expo is slated for late June 2022.
BlockPlay Guild (BPG): a decentralized autonomous organization (DAO) for investing in limited partnerships with other games, metaverses, and NFTs used in virtual worlds and blockchain-based games. The organization’s mission is to expand BlockPlay into other Metaverses.
BlockPlay Metaverse (BPM): BPM will enable creators to build metaverse experiences in 3D, AR & VR with its simple-to-use toolkit.
Through a good-balanced mix of opportunities for companies (BPX), investors (BPG), and a creator-run economy (BPM), BlockPlay aims to be the first metaverse project where user-generated content takes the lead. By using a social-media style approach, they hope to become the first community-centric platform in the next generation of play and earn, focusing on VR and full visualization of 3D NFTs.
BlockPlay Tokenomics
BlockPlay will run on a common duo-token system. $BPLY & $BPLX will combine BlockPlay Metaverse Utility (BPLY) and Governance (BPLX).
$BPLY has a total supply of 2,000,000,000 and is yielded from several in-game activities, such as P2E Rewards, In-Game purchases, Tournament fees, Upgrades, Booster packs, etc. 50% of $BPLY is reserved for community rewards.
$BPLX is the governance token and has a total supply of 20,000,000. 32% of $BPLX is reserved for community rewards, while other participants in the tokenomics (the team, at 25%, and Treasury, with a 10% allocation, being the biggest) will receive their token with a long vesting period, going from 0 up to 36 months.
The business model of BlockPlay is quite unique and will be multi-faceted. The game will earn from classic NFT purchases, on the first and second market, but will also have several innovative income sources.
For example, companies can buy ads in the metaverse, players can earn a yield when someone plays games or activities they generated, and stories played multiple times can be featured in a content creator program and rewarded appropriately.
BlockPlay will also feature a complex and advanced renting solution, where players can stake NFTs or $BPLX and $BPLY and earn money doing so. The objective is to have the BlockPlay NFT be as valuable as possible, through internal and external partnerships.
BlockPlay Roadmap
The first NFT drop is supposedly going to start in April 2022. You can already get some free NFTs by joining in their Discord and Twitter giveaways, but the mint date is TBD.
In Q2 2022, the team aims to finalize their seed round to get additional funds for the development. They have an IDO planned for Q3 as well as a second NFT drop and the launch of a staking program.
In Q4 2022, BlockPlay will start selling land in the metaverse to businesses and individuals. The first playable version of the game should be available before the end of the year.
Conclusion
BlockPlay is a project led with passion and commitment. In their ranks, they feature advisors from huge brands such as CoinGecko, and we know from our sources that they’re already raising substantial funding.
The founder is a gamer just like us, and told us: “If you put a Nintendo and a PS5 in front of me, I have a deep love for Nintendo and lots of memories playing Zelda but … today, 99 out of 100 times I’d pick PS5”.
The game has an interesting view on the future of AR and VR in play to earn games and is led by a team wanting to onboard big companies and expand across multiple virtual worlds.
Their research is solid, their pitch and whitepaper are well-presented, and their community is growing at a rapid pace. Although in its very early days, and with no real product to show at this point in time, the team at BlockPlay hopes to have something to show as soon as possible, likely starting from Q2 or Q3 2022.
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