BudBlockz remains the talk of the town despite being the latest entrant into the embattled cryptocurrency sector. Chatter is rife that the crypto cannabis project could outperform many projects as Cronos and Gate Token remain under pressure.
BudBlockz Disrupting Cannabis Industry
Built on the Ethereum blockchain, BudBlockz is a project that seeks to enhance access to the global cannabis market in a secure and decentralized manner. It is the first project to establish a decentralized ecommerce platform that enhances the process of buying, selling, and trading cannabis products. The platform continues to elicit strong interest from entrepreneurs and individuals looking to tap into the multi-billion opportunities in the cannabis sector.
$BLUNT is the native token that powers the ecommerce platform, allowing people to interact, invest and trade. BudBlockz provides tasking opportunities for locking $BLUNT tokens to generate some passive income to help provide liquidity in the ecosystem. $BLUNT also serves as a governance token, giving holders the right to vote on the key decision about the project’s future.
In addition to disrupting the multi-billion cannabis industry, BudBlockz has also set out to allow people to tokenize real-world objects. It has already established a premium collection of Non-fungible tokens dubbed Ganja Guruz and plans to open up an NFT marketplace.
NFT and DeFi Growth Opportunities
The marketplace will make it easy for people to create cannabis-themed NFTs that can be traded in the ecosystem. Users who hold the network’s NFTs will be eligible for many benefits, including membership access to cannabis dispensaries worldwide and discount codes on various cannabis products. Additionally, holders stand to enjoy fractional ownership of cannabis dispensaries and farms.
Investors are also confident of BudBlockz as it looks to enable peer-to-peer transactions on the new decentralized finance platform. BudSwap is the new platform that will allow people to borrow and lend cryptocurrencies in a decentralized way without any middlemen. In addition, the platform will also enable the staking of $BLUNT tokens, offering a way for holders to generate some income.
While leaving no stone unturned, BudBlockz has also moved to entice gamers into the ecosystem by unveiling the first play-to-earn gaming platform based on cannabis and crypto gaming. The platform will reward gamers who play and compete against each other while playing retro games.
Amid the tremendous opportunities for growth, Cronos, the native token powering Crypto.com, remains under pressure as investors continue to shun tokens tied to decentralized exchanges. In addition, investors remain wary of such coins following the collapse of the FTN token that powered the FTX exchange. Gate token is also facing scrutiny following the collapse of FTX, given its ties to the Gate.io exchange.
BudBlockz is close to ranking as one of the most significant projects backed by real utility. Its push to change and readjust the trend in the cannabis sector exposes it to a multi-billion opportunity. Push for growth around NFTs Decentralized Finance and Play to earn spectacle all but diversifies its growth opportunities affirming why it is well poised to outperform Gate Token and Cronos in 2023
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