• In the Bloktopia metaverse, KuCoin has launched a virtual office

  • The meta office, according to the exchange, will allow users to decorate cyberpunks, interact with virtual furnishings, and chat and speak to one another in the virtual environment.

    KuCoin, a cryptocurrency exchange, has announced that it will open a virtual office inside the decentralized metaverse Bloktopia’s skyscraper.

    KuCoin announced on Tuesday that it would enter the metaverse by opening an office inside Bloktopia’s platform, modeled after a skyscraper. The virtual structure has 21 levels to represent the total supply of 21 million Bitcoin (BTC) and is expected to house other content creators such as Polygon and Avalanche.

    The meta office, according to the exchange, will allow users to decorate cyberpunks, interact with virtual furnishings, and chat and speak to one another in the virtual environment. KuCoin appears to have adopted a metaverse-friendly business model, supporting both Bloktopia’s native token, BLOK, and the utility token for Dreams Quest (DREAMS), a blockchain-based gaming platform aiming for a metaverse-based economy.

    Last week, major corporations such as Facebook, Microsoft, and Nike announced their plans to enter the metaverse. As part of its metaverse plans, Facebook officially rebranded as Meta, Microsoft updated its Teams and Xbox gaming console services, and Nike’s job postings revealed the apparel company was looking for a virtual shoe designer.

    Although it remains to be seen whether crypto firms will follow KuCoin’s lead in creating a virtual office space for users, Facebook chief product officer Chris Cox spoke at Web Summit 2021 on Wednesday about how the environment could be better suited for some companies:

    “I started holding staff meetings in workrooms because it’s better for us because you can see body language and space audio, which means you can talk over each other.” You can use your hands, which is a big part of how you communicate, and then lean in and change your attention based on posture, which is a big part of how we have group meetings.”

    KuCoin, which was launched in 2017, reported having 10 million users as of August. Last year, hackers stole approximately $275 million from the exchange before the majority of the funds were recovered.

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