It has been one of the worst years for cryptocurrencies going by the steep selloff from record highs. The collapse of the FTT token and Terra Stablecoin has once again raised serious concerns about the nascent sector. Despite the uncertainty, it’s become clear that projects approaching their respective fields differently have what it takes to succeed. BudBlockz is one project on course to be as established as Apecoin in 2023.
BudBlockz Big Cannabis Plan
BudBlockz’s long-term prospects hinge on creating a community and platform where users can buy, sell, and exchange cannabis-related products. Its push to enable a synonymous easy, and safe way of accessing the global cannabis sector has strengthened its growth metrics in a sector poised to be worth $200 billion by 2030.
For the longest time, the cannabis sector has lacked a platform where people can purchase and sell cannabis products in a decentralized way. BudBlockz is moving to change this by enabling a blockchain-powered platform. The platform is to bypass all the banking networks making it easy for people to transact at some of the lowest costs.
At the heart of the blockchain-powered ecommerce platform is $BLUNT, the native token that will act as the medium of exchange. With the token, people can access all kinds of cannabis products and services. Additionally, the token will allow holders to enjoy fractional ownership of various cannabis farms and dispensaries.
$BLUNT will also double up as a governance token. As a result, holders will be able to participate in decision-making by voting on the various proposal upgrades and updates of the BudBlockz ecosystem.
BudBlockz NFT and DeFi Plan
In addition, BudBlockz has also moved to make it easy for people to invest in the Non-Fungible Token Space, an area where Apecoin has made a name for itself. It has already established Ganja Guruz, a network of NFTs that will offer token holders a string of benefits within the ecosystem.
For instance, Ganja Guruz holders will enjoy membership to various BudBlockz dispensaries worldwide. There is also the prospect of enjoying fractional ownership of cannabis dispensaries and farms and discount codes for various products.
Decentralized Finance is another area of interest that also underscores why BudBlockz will be established as Apecoin in 2023. The crypto cannabis project has already established BudSwap, a new DeFi platform with many use cases and utility. The platform will allow people to make and receive cryptocurrency payments.
Additionally, the BudSwap platform will offer staking capabilities allowing $BLUNT token holders to stake their tokens in return for some passive income. The platform is to be integrated with the BudBlockz wallet, providing a simplified way of converting assets to buy other products. The proposed BudBlockz wallet will allow people to scan QR codes and connect to web3 applications. It will also offer access to various DeFi products.
The stage is set for BudBlockz to follow in Apecoin’s footsteps. Its push to enhance access and transactions in the cannabis sector strengthens its growth metrics. Additionally, DeFi and Non-Fungible Tokens sectors also present other growth opportunities.
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
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