BudBlockz Is Using Crypto And NFTs To Revolutionize The Cannabis Industry

By November 17, 2022NFT
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What is BudBlockz?

BudBlockz is an Ethereum-compatible e-commerce platform connecting entrepreneurs and corporations in the cannabis industry with the international market. It enables entrepreneurs and firms to grow at scale by bridging the gap between them and the global international market by leveraging the blockchain-based ecosystem. Its plans for the weed industry include setting up cannabis farms and dispensaries that will serve as facilities to boost product development, education, research, and accessibility to cannabis-based products and the industry, which until now has been heavily regulated. Over time, it will be helping marijuana corporations and individual entrepreneurs solve industry-wide challenges like problems in fundraising, data management, supply chain execution, logistical issues, and seed-to-sale tracking.

To facilitate all kinds of transactional uses on its platform, BudBlockz has rolled out a native token called $BLUNT, which will be used for staking, liquidity management, signing you for petitions, voting, and accessing rewards, among other purposes. Built on the ERC-20 protocol of the Ethereum network, the $BLUNT Token is available on presale.

The BudBlockz platform features a robust security framework that shields investors’ privacy and interests. The platform’s NFT marketplace is built to ensure absolute transparency, privacy, and permissionless participation. Third parties like Solidity Finance have audited its smart contracts. A unique factor about the $BLUNT Token is its deflationary nature. The token is burned at regular intervals to keep its supply limited. A scarce supply helps keep the token’s value stable by keeping price fluctuations at bay. For this purpose, BudBlockz organizes ‘How High’ Token burn events to ensure that these tokens are always in short supply.

How can BudBlockz Help its Users Boost their Revenue?

One of the key reasons behind BudBlockz’s rising popularity is how it offers its users multiple opportunities to earn passive income. With more than one way to boost their revenues, users are incentivized to stay associated with the platform and contribute to its growth. Thus, BudBlockz does a fairly good job if you are looking for a cryptocurrency with high growth potential. As the platform has a policy of incentivizing participation, it doles out regular rewards in terms of $BLUNT Tokens for its users. The platform also has a limited-series NFT collection called ‘Ganja Guruz.’ These NFTs are built on the ERC-721 protocol of the Ethereum network.

The Ganja Guruz series has 10,000 units and comprises a vibrant collection of digital art pieces inspired by the video games of the 1990s. What’s more, these NFTs open an entire world of benefits to owners, including access to BudBlockz’s cannabis farms and dispensaries. Further, by submitting a KYC application, NFT buyers can also become fractional owners of these facilities. Fractional ownership of a BudBlockz cannabis farm or dispensary works like a regular asset wherein users enjoy annual dividends on their investments.

Another income-earning opportunity the BudBlockz team offers is the play-to-earn gaming ecosystem based on the cannabis industry. Players will be eligible for rewards in terms of $BLUNT Tokens if they win. These arcade games will also include regular competitions where winners can bag ETH, $BLUNT Tokens, and NFTs as prizes.

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

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

Disclaimer: The information provided in this article is solely the author’s opinion and not investment advice – it is provided for educational purposes only. By using this, you agree that the information does not constitute any investment or financial instructions. Do conduct your own research and reach out to financial advisors before making any investment decisions.

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