As we move into the winter season, the ice on the crypto market seems to be thawing. Cryptocurrencies that have had a not-so-good year are starting to show slight improvements, and the overall market seems to be moving in a positive direction.
Hedera Hashgraph, Avalanche, and BudBlockz are three of the hottest cryptocurrencies on the market right now. All have seen significant price increases in recent months, and all three have strong underlying technology that is attracting investors.
BudBlockz is a blockchain-based ecosystem designed to become a community for stakeholders in the cannabis industry. The platform is the first of its kind to offer weed lovers NFTs backed by physical cannabis products, farms, dispensaries, cafes, and businesses.
BLUNT is the native token for the BudBlockz ecosystem. The coin acts as the governance token for the platform, allowing its holders to vote and make proposals on the development and direction of the platform.
Although BudBlockz is a new project still in its pre-sale stage, it has already attracted massive interest from investors. The coins minted for the private sale sold out ten days ahead of schedule and the token has already increased in value by 70%.
BudBlockz is a major attraction for investors for several reasons.
First, it is focused on the rapidly growing cannabis industry which is expected to grow to $176.5 billion by the end of the decade. Investors stand to reap massive rewards from their investments as the cannabis industry continues to grow.
Secondly, BudBlockz isn’t just a blockchain and cryptocurrency platform. The project will bring together cannabis enthusiasts from across the globe and allow them to interact, trade, and own cannabis-related products and services. Those within cannabis-friendly jurisdictions will have access to physical cannabis products and those in other regions can still participate by purchasing NFTs that allow them to own percentages of cannabis-related businesses, farms, and dispensaries.
Finally, investors will have an opportunity to receive cannabis-related information including legislation, and future opportunities firsthand.
Hedera is a distributed ledger technology designed to be highly scalable and secure. Rather than use the proof of work or proof of stake consensus mechanisms that are popular with blockchain platforms, Hedera uses a Directed Acyclic Graph (DAG) data structure. DAG enhances scalability and gives Hedera its super-fast transaction speeds. The native cryptocurrency of Hedera Hashgraph is HBAR.
Avalanche is a next-generation blockchain platform designed to be highly scalable and secure. The platform uses a novel consensus mechanism that is based on proof of stake, which allows it to process thousands of transactions per second.
Avalanche allows users to run decentralized applications on its platform using smart contracts written in Solidity. The platform’s main goal is to increase blockchain interoperability by allowing developers to deploy decentralized ecosystems. AVAX is the native token of Avalanche.
All three of these cryptocurrencies are smoking hot right now, and they are all worth considering as investment opportunities. However, BudBlockz presents an even bigger opportunity as it is relatively new to the game, yet offers real-world benefits that can’t be ignored. With the cannabis industry set to grow in leaps and bounds by the end of the decade, BudBlockz is well positioned to continue its price increase in the months and years ahead.
Learn more about BudBlockz (BLUNT) at the links below:
Official Website: budblockz.io/
Presale Registration:: https://app.budblockz.io/sign-up
Telegram Group: https://t.me/BudBlockz
Discord Server: https://discord.gg/s7hBFgvTmN
All BudBlockz Links: https://linktr.ee/budblockz
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