Paycer Partners with Bloktopia: Paycer aims to be the next Metaverse Bank

Introduction

With the growth of new technologies in Media and the emergence of Metaverse, different industries will get involved. Most of the well-known brands have opened a branch in the virtual world; but the question is, how will the transactions happen in Metaverse? Currently there is a gap between Metaverse, DeFi and TradFi. We are entering a world in which gamers can transfer their virtual assets into their real bank accounts and make transactions in the Metaverse that will affect the real world. Paycer is developing a solution to bridge the gap and make this happen!

What is Metaverse?

The word Metaverse was first mentioned in a novel called “snow crash” by Neal Stephenson. It used to be considered a maximalist, interconnected set of experiences straight out of sci-fi but it is considered the reality now.

Metaverse is a convergence of physical, augmented, and virtual reality in a shared online space, in which you can do anything that comes to mind. The Metaverse is not completely new, there have been games like “World of Warcraft” in the past where millions of gamers were spending many hours daily in a shared virtual reality. The new features of the Metaverse emerge from the combination of virtual reality, public blockchains and Web3.0. Where the new citizen of the Metaverse are empowered to shape the virtual reality and are not governed by large enterprises.

There are so many different ways to interact with Metaverse. You can jump into the virtual reality using the VR glasses, you can bring the virtuality into reality by AR glasses and devices, or you can have a mixture of these using XR infrastructure. Another interesting point is that the NFT technology allows items and other in-game objects to be represented in a decentralized way. Thus, a rare artifact can belong to a user, and he can control it himself — without a developer or a company having the possibility to take it away.

We are still in the early stages of using this amazing technology but whether you like it or not, it is the next huge paradigm shift, and we better get ready for it. The earlier you join and start learning, the more you’re going to thank yourself in the upcoming 10 years. If you want to understand the metaverse in more detail, you should watch the film “Ready Player One”.

What is Bloktopia?

Bloktopia is a Skyscraper made up of 21 levels to pay recognition to 21 million Bitcoin. Token holders will be known as Bloktopians. 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. Bloktopians will be able to earn revenue through real estate ownership, advertising revenue, play games, build networks and much more. By using the world’s most advanced real time 3D Creation Engine, Bloktopia will leverage this technology to create stunning visualisations and user experience.

According to Zion Market Research, the global augmented and virtual reality market was valued at around USD $26.7 billion in 2018, and is expected to reach approximately $814.7 billion by 2025, at a CAGR of 63% between 2019 and 2025.

Bloktopia’s vast user base will allow monetisation through advertising and sponsorship providing an opportunity to share in revenue generation via an NFT mechanism. In Bloktopia you can generate revenue through multiple income streams, relax, socialise, have fun, compete, visit huge crypto projects’ virtual branches and so much more.

Banking in Metaverse

As we get deeper into this technological shift in the digital society, new necessities will emerge. You might want to buy a virtual outfit for your avatar, buy an NFT to join a private party in Metaverse or transfer money to your fellow Paycerians or Bloktopians. You might win some tokens in a digital game, and you want to send it to your centralised bank account to use it in the real life. But is it possible?

How about walking into a virtual bank in Metaverse and transfer money from your traditional bank account to your decentralised wallet so that you can buy anything you want in the digital world. You can earn real money by playing virtual games as well; you just have to enter the Metaverse bank and transfer your tokens to your centralised bank account. Seems futuristic, right? But what if we tell you that we can make it happen?

CeDeFi projects are a bridge between the traditional banking and the decentralised finance world. They will be the future of transactions in Metaverse, and we foresee that it will be so normal to use that one day you will tell yourself: “Life without CeDeFi was so frustrating!”

Paycer x Bloktopia

Paycer has various partnerships and growth strategies; one of which is being the first CeDeFi bank in Metaverse. This will bridge the gap between Metaverse and TradFi, plus it will also reduce the risk and complexity for casual gamers and the new citizen of the Metaverse. We are looking forward to opening a branch in all the well-known Metaverses so that we can offer our financial services to all the Metaverse users and to create a bridge for them to conduct transactions between the real world and the virtual world.

Since Bloktopia is one of the key players in the Metaverse industry and has a great potential to become a pioneer; we have decided to start a partnership with them so that Paycerians can interact with Bloktopians.

The outcomes of this partnership will be huge and will create a reciprocal beneficial situation for both communities. So, if you already are a Paycerian, you can consider yourself a Bloktopian from now on as well.

Conclusion

Paycer is futuristic, visionary and full of brand-new ideas intertwined with new paradigm shifts. Our team keeps an open eye for all the new opportunities and new technologies which will accelerate our way to become the number one CeDeFi champion and to make the Paycerians proud of their community and investments. Stay tuned for the upcoming Bloktopia partnership details.

About Paycer

Paycer’s goal is to aggregate DeFi investments multi-chain and make them available to users without the need for their own wallet nor the expertise. This should allow anyone to generate a passive income in a world where banks no longer pay interest. Hence the Paycer team is developing a bridge protocol for DeFi and TradFi to combine the best of both worlds and make it available for retail clients #CeDeFi. Apart from the technical matters and the creation of a super easy to use final product. The goal is also to create a regulatory framework that allows the legal operation of a DeFi platform within the EU first and subsequently in other regions.

Currently, a DeFi platform is already available on paycer.finance on which Paycer tokens PCR can be claimed and staked. More features will go live soon. At the moment on Polygon but other blockchains will be integrated in the near future. Paycer is also working on a banking partnership to be able to combine DeFi with a traditional bank account. In addition to the development of the DeFi platform, the development of the final consumer product is also in progress.

Be sure to follow Paycer on social media for all the latest updates on product development. We have further exciting announcements to share very soon.

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