InfoNesia.xyz – Cryptocurrencies, are more than just digital currencies and a medium of exchange. They are also handy in helping entrepreneurs and businesses raise funds for their projects. New blockchain-based projects put their cryptocurrencies up for sale to raise funds to finance their operations while simultaneously gauging the market interest in their project.
BudBlockz is one of the latest projects to launch a pre-sale for their crypto token $BLUNT.
What Is BudBlockz?
BudBlockz is a new cryptocurrency-based project developed on the Ethereum blockchain to bring efficiency, security, privacy, and convenience to the cannabis industry.
BudBlockz’s team identified a gap in the cannabis market due to the recent changes in the industry. More people are embracing cannabis as a beneficial plant and using it to boost their health,nutrition and also for recreation.
Governments are also accepting the use of cannabis and passing laws to decriminalize the plant.
For entrepreneurs in the cannabis sector, this is an opportunity to make massive profits. BudBlockz hopes to capitalize on this opportunity by bringing together major players in the sector in one space where they can interact, trade, and learn more about the cannabis industry.
BudBlockz will achieve this by launching an eCommerce platform where cannabis users can purchase their favorite weed products as long as they reside in a cannabis-friendly state. Users can also purchase non-fungible tokens that will give them partial ownership of BudBlockz business, including farms, cafes, and dispensaries.
However, to achieve its ambitious goals, BudBlockz has to raise funds through a pre-sale, like most other cryptocurrency projects.
BudBlockz Presale On Track to Sell Out
Before launching its presale, BudBlockz held a private sale where they hoped to sell 26,880,000 in a month. 30% of the allocated coins sold out in the first 5 days, and the remaining quickly sold out, causing the private sale to end before the 30-day period was over.
As a result, BudBlockz pre-sale opened ahead of schedule to cater to the demand. So far, the presale has exceeded expectations and proven that BudBlockz is already a favorite among investors. In fact, the early success that the presale has experienced has led to predictions that BudBlockz will be among the most traded cryptocurrencies in 2023.
Dogecoin and Shiba Inu Are No Match For BudBlockz
Dogecoin, and Shiba Inu are both meme coins created in response to viral jokes on the internet. Both coins don’t serve any major purpose, and they base their value on speculation and their close-knit online communities.
Although Dogecoin and Shiba Inu have not had the best year in 2022, they have been showing bullish signs in the recent past. Dogecoin, for example, recently skyrocketed after Elon Musk authored a tweet of a Shiba Inu dog wearing a t-shirt with the Twitter logo on it.
However, even with Dogecoin and Shiba Inu showing bullish signs, there is still a probability that BudBlockz will surpass both coins as it rises to the top of the charts. It is because BudBlockz is a coin whose value will be driven by the immense utility it offers users on the BudBlockz ecosystem rather than on speculation.
Learn more about BudBlockz (BLUNT) at the links below:
Official Website: https://budblockz.io/
Presale Registration: https://app.budblockz.io/sign-up
Telegram Group: https://t.me/BudBlockz