Could BudBlockz be the Next Big Crypto Project?

Despite the ups and downs, the one factor that sets cryptocurrency markets apart is that there is always something new to explore, all thanks to blockchain technology. As distributed ledger technology evolves, innovators can ideate and bring those ideas to life with the help of blockchain technology. On the other hand, investors get to try out new products with varying use cases and diversify their crypto portfolio. BudBlockz (BLUNT), a new cryptocurrency platform, could provide strong competition to established veteran coins like Bitcoin (BTC) and Ethereum (ETH)

BudBlockz: Tapping into the Potential of the Cannabis Sector with Cryptocurrencies

BudBlockz is an Ethereum-compatible e-commerce platform for entrepreneurs and corporations in the cannabis industry. The platform enables users to explore e-commerce opportunities by providing them with secure and legal access to the international cannabis industry. Its plans include setting up cannabis dispensaries and farms worldwide to accelerate the adoption of cannabis products and boost product development, research, and market access. 

It has rolled out a native token called $BLUNT, based on the ERC-20 model, for facilitating all transactional uses on its network. With a supply capped at 420,000,000 units, it can be used for multiple uses like staking, buying NFTs, participating in play-to-earn games, marketing, and liquidity pool acquisition. It is available on presale at very attractive prices. 

The $BLUNT Token is a deflationary cryptocurrency regularly burned to keep its supply limited. The largest share of the tokens has been reserved for presale at 25.6%, followed by liquidity management (18%). 

With BudBlockz, users can also trade limited series NFTs called the ‘Ganja Guruz’ collection and access a host of benefits that include becoming fractional owners of cannabis farms and dispensaries and receiving special discount codes on BudBlockz products. To become fractional owners, all that users have to do is to buy an NFT and then fill up a KYC application. Once they become fractional owners, users can look forward to regular dividends on their holdings.

BudBlockz offers its users enter into a sector that has until now been heavily regulated. 

However, BudBlockz’s growth potential gives it an edge over similar tokens. From staking $BLUNT Tokens to buying NFTs and participating in play-to-earn games, the platform offers multiple income generation opportunities, which add to its appeal.

Following FTX Collapse, Bitcoin Holders Rush to Self-Custodial Wallets

Bitcoin is among the earliest blockchain-based assets to have been rolled out in the world, and even years later, it continues to command an envious fan base globally. Its native token is BTC, the primary cryptocurrency on the network. For an average user, Bitcoin is an ideal digital currency as it is fast and versatile. Plus, it is secure as all Bitcoin transactions are secured via cryptographic signatures. The BTC Token is a universally accepted cryptocurrency that is ideal for businesses. Recently, it has been observed that BTC holders are increasingly shifting their tokens to self-custodial wallets. The move comes shortly after leading cryptocurrency exchange FTX announced that it would file voluntary Chapter 11 bankruptcy proceedings. 

Ethereum: Years Since its Launch, Still Going Strong

Ethereum is a blockchain-based platform that powers virtual machines, smart contracts, dApps, and other decentralized services. To facilitate all transactional purposes on the network, it has rolled out a native token called ETH, which is among the most traded cryptocurrencies in the world. What stands out about the dApps built on Ethereum is that they are open-source, which means its transparent and customizable. The network recently hit the headlines with its software upgrade from a proof-of-work consensus algorithm to proof-of-stake. The massive upgrade was referred to as ‘The Merge’ and enabled it to downsize its energy consumption by around 99%. The switch also enabled it to reduce operational costs by a large margin, and the upgrade was executed in September 2022. The platform is working on similar upgrades shortly. 

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

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed to be financial legal or tax advice. Trading Forex, cryptocurrencies, and CFDs poses a considerable risk of loss

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