The launch of Bitcoin, the first blockchain and cryptocurrency project, paved the way for the numerous cryptocurrency projects in the market. The introduction of different types of cryptocurrencies has, in turn, allowed for other innovations such as NFT marketplaces, decentralized finance(De-Fi) applications, and trading platforms.
BudBlockz is one of the latest additions to this ever-expanding sector. BudBlockz is the first peer-to-peer ecosystem dedicated to the legal cannabis industry.
Experts have estimated that the global cannabis industry will experience accelerated growth in the coming years and surpass the $176.5 billion mark by the close of the decade. BudBlockz hopes to play a significant role in this growth by bringing cannabis enthusiasts and businesses worldwide to a platform where they can interact and trade their favourite products.
Cannabis enthusiasts and businesses such as farms, cafes, and dispensaries can use BudBlockz’s leading cryptocurrency, $BLUNT, as a medium of exchange in secure, transparent, and private transactions.
$BLUNT holders can also stake their coins in the BudBlockz network and receive rewards in $BLUNT. They also receive the hottest news from the global cannabis industry, giving them an edge in making investment decisions.
In addition to uniting consumers and businesses of cannabis products, BudBlockz will also allow investors to own Ganja Guruz NFTs and participate in the BudBlockz arcade.
Ganja Guruz NFTs are non-fungible tokens enabling holders to own a percentage of a cannabis farm or dispensary. BudBlockz arcade, on the other hand, is a P2E gaming platform where fans earn exciting rewards while playing their favourite retro-inspired video games.
BudBlockz will also launch Bud Swap, a decentralized exchange where users can participate in the De-Fi space, swap different ERC-20 tokens, and make profits.
Can BudBlockz Outperform Cardano And Polygon
Although BudBlockz is still in its pre-sale stage, its success so far has led analysts to speculate that BLUNT is on its way to becoming a top utility project and surpassing well-known cryptocurrencies such as Cardano (ADA) and Polygon (MATIC).
Cardano (ADA) is a cryptocurrency platform that allows users, developers, and innovators to create tokens, improve on them, and provide a scalable and sustainable blockchain. Cardano is, therefore, a significant player in the De-Fi space, and its shot at success in the cryptocurrency sphere is brimming with innovations.
Like most cryptocurrencies, Cardano (ADA) experienced a major drop in price in 2022. However, price predictions show that the coin might recover in the coming years, but BudBlockz might still give Cardano a run in the coming months.
Polygon (MATIC) is an Ethereum-based Blockchain project for building and connecting Ethereum- compatible blockchains. The platform is a layer-2 solution designed to help improve the functionality and scalability of the Ethereum network.
Unfortunately, Polygon (MATIC) has lost more than 70% of its value in 2022. Although the platform gained some attention from investors when polygon announced a major partnership with RobinHood, it is still likely to face major competition from BudBlockz (BLUNT) soon.
Learn more about BudBlockz (BLUNT) at the links below:
Official Website: https://budblockz.io/
Presale Registration:: https://app.budblockz.io/sign-up
Telegram Group: https://t.me/BudBlockz
Discord Server: https://discord.gg/s7hBFgvTmN
All BudBlockz Links: https://linktr.ee/budblockz
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece.
Compiled by Metacrunch. Metacrunch is a news complier and aggregator platform which aims to spread awareness and updates on Metaverse, Web 3.0 Technology, Blockchain, Cryptocurrency, NFTs, Airdrops and many more.
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