Bitcoin (BTC) has always been the flagship project in the burgeoning cryptocurrency sector. Its popularity has everything to do with pumping by whales. Most of these investors are rushing to the coin as it is the most proven project that has been around for the longest time. With pumping always at play, there have always been concerns about how decentralized the project is. Forks from the original BTC log also confirm the concerns. On the other hand, BudBlockz (BLUNT) is the latest venture aimed at decentralizing operations in the multi-billion dollar cannabis sector.
Decentralization of cannabis transactions
BudBlockz aims to decentralize transactions in the cannabis market to provide consumers with safe, transparent and efficient access to a wide range of products. Additionally, it unveiled a decentralized e-commerce platform leveraging blockchain technology, connecting the cannabis sector with the cryptocurrency sector.
The blockchain platform will bring consumers and cannabis producers worldwide together to do business. With the help of BLUNT, the network’s utility token, people can buy and sell cannabis. BLUNT will act as a medium of exchange, allowing people to buy and sell cannabis products on the platform. It also serves as a governance token according to the holder’s right to vote on the direction of the project.
Unfungible token collection
BudBlockz has also confirmed plans to use non-fungible token technology to improve the security of customer and user data in the ecosystem. The technology will provide a way for people to digitize various real-world products that can be sold on an NFT marketplace that the crypto-cannabis project aims to create.
Ganja Guruz is the network’s premium NFT collection that will be the key to becoming a verified member of the BudBlockz ecosystem. The 10,000 strong collection built on the Ethereum blockchain will bring a number of benefits including access to various cannabis farms and dispensaries in the BudBlockz ecosystem.
Ganja Guruz tokens will also provide a way for people to invest in fractional shares of various cannabis dispensaries and farms. Holders should have access to discount codes for various CBD products in stores. BudBlockz aims to develop an NFT marketplace for community members to trade collectible and fractional NFTs. The platform works similar to OpenSea and offers an easy way to create, buy and sell different NFTs.
DeFi push
BudBlockz also ventures into the world of decentralized finance, which is at the core of promoting peer-to-peer financial transactions. As a result, it launched BudSwap, a decentralized finance platform that facilitates peer-to-peer exchanges over the BLUNT token. In addition, the DEX is to be integrated into a wallet to make it easy for people to exchange their assets to buy products on the networks.
BudSwap aims to enable staking and allow BLUNT holders to lock their tokens in liquidity pools to improve liquidity and secure the network. In return, token holders are entitled to a portion of the fees generated on the network, depending on the amount of BLUNT tokens wagered.
In addition, BudBlockz introduced Arcade, a play-to-earn gaming platform. The platform aims to make it easy for people to play a range of retro games, with winners getting a chance to get away with BLUNT tokens through airdrops.
BudBlockz and BLUNT have solid prospects
In recent years, many projects have gained popularity and exploded in rating as they offer solutions to real problems. BudBlockz is a project that ticks all the boxes and is well positioned to grab Bitcoin given its growing use case to improve transactions and access to cannabis products in the multi-billion dollar industry. BLUNT has what it takes to become one of the top utility tokens given its growing use case around non-fungible tokens, decentralized finance and earning games. BudBlockz is a project you’ll want to add to your portfolio in 2023.
Buy or learn more about BudBlockz (BLUNT) from the links below:
Official Website: https://budblockz.io/
Pre-sale registration: https://app.budblockz.io/sign-up
BudBlockz Community Links: https://linktr.ee/budblockz
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