As Bitcoin continues to lose traction, BudBlockz is growing

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Aside from rising prices, what attracts most investors to blockchain-based assets like cryptocurrencies and non-fungible tokens (NFTs) it is the absence of authority with absolute control. The lack of third-party interference means that investors have more control over the investment mechanism and do not have to pay high transaction fees and brokerage fees.

You can narrow down the list by selecting some big names like BudBlockz (BLUNT) and Bitcoin (BTC). BudBlockz is an upcoming cannabis-based blockchain trading platform that is becoming very popular among crypto enthusiasts.

BudBlockz: Secure Connections to the Global Cannabis Market

BudBlockz is an e-commerce platform that allows its users to safely and legally explore business opportunities in the global cannabis market. The platform is evolving to become a bridge between entrepreneurs and companies and the international cannabis industry. As part of its plan to build a safe and accessible ecosystem, BudBlockz will open cannabis farms and dispensaries around the world. These facilities will help boost manufacturing, adoption of cannabis products, research and market connections. It has launched a native token called $BLUNT, which will be used for various transactional purposes such as staking, voting, NFT trading, cash management and much more.

With a limited supply of 420,000.00, the $BLUNT token will be available for presale, so interested buyers can purchase it. It is built on the ERC-20 protocol of the Ethereum network.

Of the total token supply, the largest share was reserved for pre-sales (25.6%) and liquidity pool provisioning (25%). Another 6% of the tokens have been reserved for private sale. Around 2% of the tokens were also reserved for ‘How High’ token burn events organized by the platform. Since the $BLUNT token is deflationary, these tokens are burned regularly at such events. Burning these tokens keeps their supply low and minimizes price fluctuations. The remaining supply of tokens is divided between founders, project partners, maintenance of developer wallets and for financing marketing activities.

The tokens reserved for project partners and founders have a one-year vesting period, while those reserved for marketing activities are blocked for 90 days. BudBlockz has also launched a limited series NFT collection called Ganja Guruz. The NFT series is based on the ERC-721 protocol and features a collection of digital artworks that are a throwback to 90s video games. Their total supply is set at 10,000 units.

Going by the predictions of crypto analysts, BudBlockz has an edge over Bitcoin in terms of long-term growth. Since BudBlockz has an industry-bound use case and provides multiple opportunities for its users to earn passive income, it encourages them to hold the $BLUNT token long-term to receive huge profits as the platform expands across the globe.

The blockchain investor sticks to the price prediction for Bitcoin

Bitcoin is among the most profitable blockchain-based assets to have launched to date. It has a native token called BTC which can be used for various transactional purposes such as staking, liquidity pool provisioning, token trading, and cryptocurrency trading. Leverage peer-to-peer technology and operate without depending on a central authority for handling transactions or generating BTC tokens. It is a public blockchain network that is not owned by a single institution and has a community-driven approach.

The cryptocurrency allows its users to receive free BTC tokens in their wallet and can be used to carry out cross-border transactions without interruption. Additionally, all Bitcoin transactions are protected by cryptographic signatures and limit misuse. Since the platform leverages the proof-of-work algorithm, the energy consumed in the process prevents users from losing or canceling their transactions. Billionaire venture capitalist and leading blockchain investor Tim Draper believes Bitcoin will cross the $250,000 mark in 2023. He continues to stick to his price predictions despite the recent FTX crash and subsequent upheaval. In a recent interview, Draper said that because FTX was dependent on a single founder, it had a “single point of failure.” Conversely, Bitcoin is decentralized compared to FTX and will not be affected by the failure of FTX.

To mint your visit BudBlockz Ganja Guruz NFT: https://budblockz.io/nfts

Once on the page, click on the “Mint Now” button and connect your ERC20 compatible wallet. You will be able to mint your own Ganja Guruz NFT for 0.09 ETH.

Purchase or learn more about BudBlockz (BLUNT) at the links below:

Official site: https://budblockz.io/

Presale registration:: https://app.budblockz.io/sign-up

BudBlockz Community Links: https://linktr.ee/budblockz

*This item has been paid for. The Cryptonomist did not write the article or test the platform.


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