Budblockz Kicks Up the NFT Market by Storm

2022/11/22By:

BudBlockz is the first decentralized online e-commerce platform that allows users to transparently trade, sell, and buy all cannabis-related products using blockchain technology. It serves as a bridge between these entities, enabling them to grow at scale by tapping into the international market with blockchain-based solutions.

 

The BudBlockz platform is built on the Ethereum network and is compatible with leading digital wallets. To facilitate all kinds of transactional uses on its networks, it has rolled out a native token called $BLUNT, which is built on the ERC-20 standard of Ethereum. The $BLUNT token can be used for transactional purposes like staking, liquidity management, trading non-fungible tokens, signing petitions, and voting, among others. The token supply has been fixed as 420,000,000 units and will be made available via presale for interested buyers.

 

One of the key reasons behind BudBlockz’s popularity is how it attracts investors by enabling them to earn passive income from many sources. Its NFT series – Ganja Guruz – is a high-performing asset built on the ERC-721 protocol of the Ethereum network that offers its owners several benefits. With a supply capped at 10,000, these Ganja Guruz NFTs are digital art pieces inspired by the video games of the 1990s. Ganja Guruz NFT owners can also become fractional owners of BudBlockz’s cannabis farms or dispensaries simply by filling up a KYC application. Once they become fractional owners, they can earn an annual dividend on these assets.

 

The platform plans to set up cannabis farms and dispensaries to aid in product development and research, boosting market linkages and increasing the adoption of cannabis products. Over time, it also plans on helping marijuana entrepreneurs and corporations boost their growth trajectory by finding solutions for problems like seed-to-sale-tracking, logistical challenges, data management, and fundraising.

 

The BudBlockz platform has been reviewed by several cryptocurrency analysts who have vouched for its niche features and believe it has the upper hand regarding growth potential. BudBlockz has an industry-linked use case that gives it an edge, especially because the marijuana industry is heavily regulated. The industry represents immense opportunities; however, few firms or entrepreneurs can take advantage due to a lack of secure and legal market access. BudBlockz seeks to fill this gap by offering its users a secure platform not just to stake cryptocurrencies but also to become fractional owners of facilities like cannabis farms and dispensaries by holding NFTs known as the Ganja Guruz collection. Moreover, by setting up these facilities, BudBlockz will also be playing a role in expanding the reach of the cannabis industry while spreading awareness about cannabis and its products.

 

Earn Passive Income via Secure BudBlockz

BudBlockz users can earn passive income via its BudBlockz Arcade feature, where they can participate in play-to-earn games. These will remind you of the popular arcade games of 1998. If they win, players will get $BLUNT tokens as prizes. Plus, the platform also organizes regular competitions where prizes include ETH, $BLUNT Tokens, and even NFTs.

 

Another factor that makes the platform reliable is its robust security infrastructure. Third parties like Solidity Finance have audited its smart contracts. In addition to the platform, the $BLUNT token also has in-built features to protect investor interests. It is built on a deflationary model, so the platform burns these tokens at regular intervals to keep their supply limited. A scarce supply ensures that the price fluctuations are minimized and the token’s value remains stable.

 

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