Will BudBlockz make an impact on the cannabidiol (CBD) industry?
One thing that’s clear with cryptocurrency is that the market is quite volatile. What was up last month may have lost its steam today. But the CBD market is different. It is continuously rising—it ended 2021 with a global market size worth $5.18 billion and is expected to start 2023 with a 16.8% increase.
BudBlockz is one cryptocurrency that is expected to enjoy upward momentum in both worlds: blockchain technology and the CBD market.
How BudBlockz Will Dominate the Cannabis Marketplace
BudBlockz is the first decentralized online ecommerce platform for cannabis enthusiasts. It provides weed lovers access to global marketplaces for CBD products through a decentralized system that is entirely safe and private.
BudBlockz also aims to open and operate CBD online stores worldwide in areas where marijuana is legal. $BLUNT owners can use the tokens to purchase products from these marketplaces.
The company will open its own dispensaries around the world. Currently, the plan is to establish bases in multiple countries: the United States (California), the Netherlands (Amsterdam), Portugal, Spain (Barcelona), the Czech Republic, and Belgium.
BudBlockz is not the first cannabis-focused crypto. The top marijuana cryptocurrencies are CannabisCoin, DopeCoin, HempCoin, and PotCoin. However, these cryptos are mostly limited to the transactional use of coins and tokens. Owners can purchase marijuana products using the tokens without additional fees. More importantly, the blockchain ensures total privacy for all transactions, which is an important selling point for crypto.
BudBlockz offers an alternative way to purchase cannabis and so much more.
The BudBlockz Community
BudBlockz aims to build a community in an effort to boost the marijuana industry within the crypto world. And becoming part of the community is easy—one must purchase a native NFT from the platform’s Ganja Guruz collection.
There will be 10,000 NFTs minted in total. They represent unique and vibrant characters that showcase the fashion of the 1990s and are heavily inspired by the decade’s video gaming industry and animation.
Purchasing Ganja Guruz also allows for fractional ownership of cannabis farms and dispensaries. The NFTs are on the Ethereum blockchain at ERC-721 standard. They are also available on OpenSea.
What makes them even more attractive to cannabis enthusiasts are the many benefits of ownership, such as membership in all BudBlockz dispensaries worldwide and discounts on CBD products in BudBlockz-recognized online stores.
In addition, Ganja Guruz holders have the opportunity to participate in play-to-earn gaming in the BudBlockz space.
The CBD Industry Is About to Get Bigger
With BudBlockz providing an alternative option to purchasing cannabis products, the CBD industry is expected to get even bigger. BudBlockz is also bringing a whole new market to the CBD industry through crypto enthusiasts. It’s the perfect marriage of marijuana and cryptocurrency.
Similarly, cannabis enthusiasts will become more attuned to the crypto world, especially after learning about the many advantages of transacting using blockchain technology. Both industries are sure to be impacted by BudBlockz’s emergence.
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