Crypto exchange KuCoin has announced it will open a virtual office inside the skyscraper of the decentralized metaverse Bloktopia.
On Tuesday, KuCoin announced that it would join the metaverse by opening an office inside Bloktopia’s skyscraper platform. In recognition of the total supply of 21 million Bitcoin (BTC), the virtual building comprises 21 levels, and is expected to house other content creators, such as Polygon and Avalanche.
According to the exchange, meta offices will allow users to interact with virtual furnishings, decorate cyberpunk homes, and converse with others in the virtual environment. KuCoin appears to have adopted a metaverse-friendly business model, supporting both Bloktopia’s native token, BLOK, and Dreams Quest (DREAMS), a blockchain-based gaming platform.
Several major corporations have announced their intentions to join the metaverse, including Facebook, Microsoft, and Nike. Microsoft updated its Teams and Xbox gaming console services as part of its metaverse plans, and Nike posted job openings for a virtual shoe designer.
Even though it remains to be seen whether crypto firms will follow KuCoin’s lead in setting up virtual office spaces for users, Facebook’s Chris Cox spoke at Web Summit 2021 on Wednesday about how the environment could be better suited for some companies:
“I started having staff meetings in workrooms for the simple reason that you can see body language and hear the sounds in the room, so you can talk over each other. We use our hands, which is a huge part of how we communicate, and then we lean in and change our attention based on posture, which is how we do meetings with groups.”
The cryptocurrency was launched in 2017 and reported having 10 million users in August. Hackers stole about $275 million from the exchange last year before it was able to recover most of the funds.