BudBlockz (BLUNT) Offers A More Utility-Driven Ecosystem Than Verasity (VRA)
Real utility is one of the most important aspects of any cryptocurrency if it is to achieve lasting success. In an era with thousands of altcoins gunning for investors’ dollars, only projects with proven utility and use cases stand to survive amidst stiff competition. BudBlockz is one of the latest projects that ticks all the boxes and is well-positioned to outperform cryptos like Verasity.
BudBlockz Crypto-Cannabis Ambitions
BudBlockz is well poised to grow massively as its utility is pegged around real-world issues. The project has been gathering steam with its push to transfer the energy in the cryptocurrency sector into the multi-billion-dollar cannabis industry. The project is poised to redefine the cannabis industry by addressing a real issue around accessibility to cannabis products and investment opportunities in the industry.
It has leveraged the power of decentralized solutions to launch a game-changing e-commerce platform. Powered by digital ledger technology, the platform makes it easy for people to buy and sell high-quality cannabis products in a secure and decentralized way. Buying and selling on the platform will be governed by a powerful utility token dubbed BLUNT.
BLUNT Token
BLUNT is the token that will allow people to access high-quality cannabis products in the BudBlockz ecosystem. Additionally, it will double up as a governance token granting holders the right to vote on the project’s trajectory.
BLUNT token utility and demand is expected to grow as cannabis enthusiasts turn to platforms that allow them to access and carry out cannabis transactions in legal and private digital space. Additionally, it is a deflationary token, with the total number of BLUNT tokens that will ever be in existence capped at 420M. Consequently, as demand for the native token increases amid limited supply, its value should skyrocket.
BudBlockz Premium NFTs
BLUNT utility is also not limited to enabling cannabis transactions. The token is also poised to allow people to gain access to the network’s premium non-fungible tokens – Ganja Guruz. The NFTs stand out as they will offer holders a range of benefits, including membership access to cannabis farms. Additionally, it will allow holders to own fractional stakes in cannabis farms and dispensaries.
BudBlockz is also pushing for growth opportunities in the decentralized finance space with the establishment of the BudSwap platform, which will further enhance BLUNT token utility. BLUNT will power the DeFi Platform, allowing people to borrow and lend cryptocurrencies without any intermediaries. The platform will also offer staking capabilities allowing BLUNT token holders to lock their tokens and provide liquidity in exchange for some passive income.
BudBlockz vs Veracity
While BudBlockz has its utility spanning across cannabis e-commerce, non-fungible tokens, and decentralized finance, Verasity has its utility based on blockchain gaming. Best known for its patented proof of view technology, Verasity is gunning for growth in the crypto gaming industry with the launch of its eSports streaming service.
However, BudBlockz is also a big player in the play-to-earn gaming industry, having unveiled BudBlockz Arcade. The platform provides an opportunity for the community to compete while playing various retro games, with winners earning BLUNT tokens.
Bottom Line
BudBlockz’s long-term prospects and ability to generate long-term value are evident, given its growing utility around cannabis sales, non-fungible tokens, and decentralized finance. It is also a big player in the play-to-earn gaming space, where Veracity is also trying to make a name for itself in eSports. Both are promising, but BudBlockz offers a lot more utility.
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