BudBlockz and the new global cannabis industry
BudBlockz is the world’s first asset-backed NFTs of cannabis products, farms, and dispensaries. As the legalization of marijuana continues in the United States and beyond, the company is creating a secure ecosystem to buy, sell and trade virtual and physical cannabis products. It is underpinned by the $BLUNT crypto token, which will be available for all partners to use in a growing global sector that is forecast to surpass $200bn within the next 10 years.
While the legalized marijuana industry is growing at a rapid pace, it is one that’s faced by a range of banking issues due to the product type. BudBlockz is building on the great work already achieved by others in the field and is taking huge steps towards the international betterment of the cannabis industry for farms, dispensaries, consumers, suppliers, and investors alike. The decentralized payment of the BLUNT token will support businesses in legal jurisdictions while simultaneously promoting access to those based in restricted jurisdictions through private token ownership.
The BLUNT token is set to have a total supply of 420,000 digital coins with an initial price of 0.015 in the private sale. The Budblockz roadmap has been planned and will complete five phases over the coming months. To make the token as accessible as possible, a range of popular digital currencies will be accepted when purchasing BLUNT token, such as; BTC, ETH, USDT, USDC, SOL, BNB (BSC), ALGO, XLM, DOGE, SHIB, LTC.
BudBlockz will also open several dispensaries of its own in several legal territories, utilizing the $BLUNT token as a medium of exchange to further promote the ongoing development of a truly universal cannabis community.
Blockchain beyond cryptocurrency
While BudBlockz has a clear focus on the marijuana community, its features are not limited to supporting cannabis users. By utilizing blockchain technology to facilitate encrypted peer-to-peer purchasing, its potential to support a range of sectors as the reliance on digital tech – particularly blockchain tech which has a CAGR of over 88% – is huge.
Built with Ethereum, the blockchain tech supports a range of innovative ideas through a decentralized NFT marketplace, eCommerce, and digital trading. Those attributes, along with fractional shares, could quickly support sectors like NFT art and online selling outside of marijuana products. Moreover, it is an opportunity for investors to tap into two of the fastest-growing markets in marijuana and cryptocurrency.
While the likes of Potcoin (POT) and Cannabiscoi (CANN) have laid the foundation, BudBlockz and the BLUNT token are already gaining a lot of headlines ahead of a launch later this year. Expect to see it become one of the most important tokens for the cannabis industry along with many others in 2023 and beyond.
Learn more about BudBlockz (BLUNT)
Official Website: https://budblockz.io
Telegram Group: https://t.me/BudBlockz
Discord Server: https://discord.gg/s7hBFgvTmN
All BudBlockz Links: https://linktr.ee/budblockz
Continue reading on DailyCoin
Source: Cryptocurrency - investing.com
