Ethereum (ETH) is the second-largest blockchain in terms of market capitalization. However, the blockchain is a leader when it comes to the size of its ecosystem.
This is due to the fact that there are many projects built on top of it, which leverage its token standard as well as underlying security to be compatible with as many platforms as possible.
BudBlockz is one such project, and today, we are going to go over how it will establish itself as one of the best and biggest tokens built on top of Ethereum.
BudBlockz and Its Functionality
BudBlockz is one of the latest projects which has been built on top of Ethereum and is an online, decentralized e-commerce platform where users can gain access to the global cannabis market through.
Due to the fact that it leverages the power of asset tokenization, as well as fractionalization, it gives anyone access to begin investing in this market, no matter what kind of budget they might have, all whilst maintaining a high level of privacy, security, and decentralization.
What all of this essentially means is that BudBlockz establishes an open and fairly traded environment where anyone can enter an asset class or a market that would have otherwise been inaccessible to them.
Furthermore, all of this works within legal jurisdictions, which means that none of its users have to worry about running into any issues.
All of this is powered by its native cryptocurrency, known as the BLUNT token, which is used as a medium of exchange between individuals and cannabis corporations.
This can include Dispensaries, Farms, CBD manufacturers, and much more over time.
Furthermore, any of the purchases made are made through the peer-to-peer (P2P) network, and the project has community governance where the amount of BLUNT a user has determined their voting power.
Now that we have established what BudBlockz is, you might be wondering in what other ways it differentiates itself from other projects.
Alongside opening the cannabis market to as many people as possible through blockchain technology, there’s also a set of non-fungible tokens (NFTs) called The Ganja Guruz NFTs, which also have utility.
They enable users to become verified, whereby holding any one of these NFTs, each user will gain entry to the fractional ownership market.
This set will be limited to 10,000 NFTs, which will be released on top of Ethereum as well and will follow the ERC-721 token standard.
What all of this leads to is a high level of availability and support, as any marketplace that supports Ethereum NFTs will also support Ganja Guruz NFTs.
Future of BudBlockz
BudBlockz is an interesting project which has entered the blockchain space, and its native cryptocurrency, BLUNT, as well as its NFT set is known as Ganja Guruz NFTs both feature a high level of utility, which will allow it to establish itself as one of the best projects, and tokens, built on top of the Ethereum blockchain.
Learn more about BudBlockz (BLUNT) at the links below:
Official Website: 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