Cryptocurrencies are here to stay despite the implosion experienced over the past few months, with some projects going under. Terra Stablecoin and FTX exchange collapse appear to have sent shockwaves. However, that has yet to deem interest in projects with proven utility and tremendous potential amid the crypto revolution. BudBlockz and Theta Network are some of the projects proving to be viable investment options.
BudBlockz Growth Potential
BudBlockz stands out in the highly saturated cryptocurrency sector on its push to target the cannabis sector with innovation. Blockchain technology’s use to enhance transparency and security in the multi-billion industry continues to affirm its long-term prospects.
The crypto cannabis project has already unveiled an e-commerce platform allowing people to access various cannabis products in markets where the plant is legal. The platform seeks to take advantage of the legalization drive worldwide that is increasingly opening up the marketplace.
As the cannabis market opens up and demand for medical cannabis increases, demand for BLUNT, the native token that powers the BudBlockz ecosystem, should increase. The token also has the added utility of serving as a governance token, thus ensuring transparent and fair trading in the ecosystem.
BudBlockz is also in the process of developing an NFT marketplace for community members. The marketplace will allow people to trade all kinds of NFTs. Powered by the BLUNT token, the marketplace will also entitle users to fractional ownership of NFTs, similar to OpenSea.
Community members will be allowed to create and promote their own cannabis NFT collections. NFTs created and sold on the network will require a BLUNT token. Additionally, BudBlockz has unveiled Ganja Guruz NFTs that entitle holders to fractional ownership of various cannabis farms, dispensaries and manufacturing facilities.
Theta Decentralizing Entertainment Industry
Theta Network stands out as a blockchain-based web3 infrastructure. Its primary goal is to decentralize the distribution of videos, entertainment and other media. It comes powered by a blockchain multi-video utility network that serves various functions.
In addition to enhancing the distribution of various videos, the blockchain platform also allows creators to monetize their content without forfeiting digital rights. Unlike centralized systems of content distribution, the platform ensures content creators lock in all the profits without having to share with other entities.
Additionally, Theta Network offers a cost-effective way of storing, streaming and delivering videos. it also offers users various ways of earning by sharing bandwidth and other computing resources via a peer-to-peer model.
Following the recent cryptocurrency crash, the focus is shifting to projects with proven use case amid the digital revolution. BudBlockz and Theta network are some projects attracting Whales’ interest as they push to transform the cannabis and entertainment industries, respectively. BudBlockz is already living up to expectations as a revolutionary cryptocurrency developed to decentralize the cannabis industry.
Learn more about BudBlockz (BLUNT) at the links below:
Official Website: https://budblockz.io/
Presale Registration:: https://app.budblockz.io/sign-up
BudBlockz Community Links: https://linktr.ee/budblockz