The cryptocurrency market has been in the red for the better part of 2022. Valuations have been pulling back from record highs, with some projects collapsing, and the situation has raised serious concerns about the sector’s long-term prospects. However, amid the fear and uncertainty, all is not doomed, as some projects are turning out to be particularly promising as the selloff dust in the sector settles down. For example, BudBlockz is one project well poised to surpass Sandbox for returns in 2023.
Sandbox Underperformance
Sandbox has felt the full brunt of the pressure facing the overall cryptocurrency sector. The pioneer metaverse project shed more than 90% of its market value in 2022. The deep selloff has come despite growing optimism that cryptocurrency gaming has the potential to overrun the traditional electronic gaming industry.
Unlike most Metaverse projects, Sandbox stands out with its unique offerings that affirm its long-term prospects. Its primary offering is VoxEdit, a marketplace that also doubles as a game maker. The platform allows users to create and own their non-fungible tokens. In addition, it will enable people to sell digital rights to art, videos, and collectables on the marketplace.
Additionally, Sandbox allows users to create mini-games which can be shared for free. Unfortunately, despite integrating content, gaming, and a vibrant economy, Sandbox has underperformed significantly and remains under pressure.
BudBlockz Cannabis Opportunity
Amid the woes common in the crypto sector, BudBlockz. This is a project with tremendous potential as it moves to connect cannabis enthusiasts with the cannabis market. It has already established an e-commerce platform allowing cannabis enthusiasts to access an array of products in a legal and decentralized way.
The first-of-its-kind decentralized cannabis platform will allow people to purchase and sell cannabis products while maintaining their privacy. BLUNT is the native token that will act as a medium of exchange in the e-commerce platform. Consequently, the token will be used for transactions at cannabis stores, dispensaries, and farms.
BLUNT also acts as a governance token that will govern the community while ensuring transparent and fair trading in the ecosystem. In addition, token holders are entitled to fractional ownership of cannabis farms and dispensaries.
Non-Fungible Tokens Opportunity
BudBlockz is poised to surpass Sandbox on returns in 2023 by setting its sights on Non-Fungible Tokens. Its own collection, dubbed Ganja Guruz, is expected to add greater utility to the ecosystem. It also plans to launch an NFT marketplace that will allow people to create, purchase, and sell other NFTs.
BudBlockz has also moved to strengthen its growth metrics by unleashing BudSwap, a Decentralized Finance platform. The platform will make it easy for people to make and receive cryptocurrency payments while increasing BLUNT’s utility.
Bottom Line
BudBlockz is poised to surpass Sandbox on returns in 2023, having established itself as a cutting-edge and innovative NFT and blockchain project. In addition, the opening up of the cannabis market with the legalization drive worldwide presents tremendous opportunities for growth. As people look for ways to purchase and sell cannabis products in a private, secure and decentralized manner, BudBlockz should be the go-to platform.
To mint your own BudBlockz Ganja Guruz NFT visit: https://budblockz.io/nfts
Once on the page click the “Mint Now” button and connect your ERC20 compatible wallet. You will be able to mint your Ganja Guruz NFT for 0.09 ETH.
Purchase or 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
