For a long time focus has been on more established projects in the cryptocurrency sector. Solana is one project that remains the center of attention owing to its prospects around decentralized finance and the development of decentralized applications. However, the coin has recently been under immense pressure shedding more than 80% in market value in 2022.
The selloff raises serious concerns and doubts about Solana. The emergence of highly exciting and unique projects should continue to pile pressure on a project once billed as an Ethereum Killer. BudBlockz is one such project showing tremendous potential that has been trading at highly discounted levels.
Below are some of the reasons crypto investors are leaning more towards BudBlockz as opposed to Solana.
BudBlockz Cannabis Opportunity
Solana faces stiff competition in its bid to establish itself as a market leader in decentralized finance. While its blockchain boasts of high throughput, the likes of XRP are worthy competitors in the sector. On the other hand, BudBlockz appears to be operating as a monopoly in its bid to bridge the gap between cannabis and cryptocurrencies.
BudBlockz remains well-positioned to grow rapidly and generate significant value by establishing the first decentralized cannabis ecommerce platform. The platform will make it easy for people to buy and sell cannabis products in a secure and decentralized way, and this should open the door for BudBlockz to tap into a multi-billion dollar opportunity.
The lack of other decentralized e-commerce platforms dedicated to the cannabis sector should allow BudBlockz to benefit from the fast-mover market advantage. In addition, plans to offer people the ability to own fractional stakes in cannabis farms and dispensaries are also expected to resonate well with the market.
Non-Fungible Token Opportunity
BudBlockz has also moved to diversify its growth opportunities by expanding into the burgeoning Non Fungible token space. It plans to apply NFT technology to its infrastructure to make it easy for people to digitize real-world assets. It has already unveiled Ganja Guruz, a collection of 10,000 premier NFTs with numerous benefits.
The NFTs will offer holders membership access to BudBlockz dispensaries worldwide, in addition to discount codes on various products. In addition, it grants access to factional ownership of cannabis farms and dispensaries that should also resonate well with people.
Plans to unleash an NFT marketplace allowing people to create and trade an array of NFTs are also in the works. In a bid to rival the likes of OpenSea and Rarible, BudBlockz says its marketplace will be highly compatible and have incredible usability and scalability.
Crypto investors are also leaning towards BudBlockz due to its ambitions around decentralized finance. It has already established BudSwap, a platform that allows people to carry out peer-to-peer financial transactions without middlemen, therefore matching Solana in the sector.
The platform will allow people to buy, sell and exchange cryptocurrencies. Staking facilities are also available, allowing BLUNT token holders to lock their tokens and have a chance of earning some passive income.
BudBlockz’s exciting vision around a global cannabis marketplace, Non-Fungible tokens, and decentralized finance affirm why investors are increasingly leaning towards it. All these developments present a tremendous opportunity for growth that should see the crypto cannabis project take Solana head-on.
Purchase or learn more about BudBlockz (BLUNT) at the links below:
Official Website: https://budblockz.io/
Presale Registration:: https://app.budblockz.io/sign-up
BudBlockz Community Links: https://linktr.ee/budblockz
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