Even as the cryptocurrency market faces some uncertain times, the popularity of these blockchain-based assets is still high. BudBlockz (BLUNT) is a new cannabis-based platform and could provide strong competition to Litecoin (LTC) and Stellar (XLM) in the long term.
BudBlockz: Improving access for users to the global cannabis market with the help of blockchain technology
BudBlockz is an Ethereum-compatible network that offers its users secure and legalized access to the global cannabis market. It serves as a bridge between grassroots cannabis entrepreneurs, firms, and the international market. It will also set up cannabis farms and dispensaries at multiple locations worldwide to boost the adoption of cannabis products, research, product development, and market linkages.
Its native token is $BLUNT which can be used for multiple transactional uses like staking and liquidity pool provisioning. It is built on Ethereum's ERC-20 standard, and its supply is fixed at 420,000,000 units. If you are interested, you can purchase the token on presale.
The platform regularly burns the $BLUNT Tokens to ensure they remain scarce and their value stays stable. The platform has reserved 2% of the token supply for these events. It has also reserved 25.6% of tokens for presale and another 6% for private sale.
At BudBlockz, users can also purchase and trade NFTs as it recently launched its limited series called the Ganja Guruz collection. The NFT collection is built on the ERC-721 protocol and is a collection of digital art collectibles inspired by the video games of the 1990s.
The BudBlockz Arcade – the platform's play-to-earn feature – is another opportunity for users to earn passive income. Users can use their Ganja Guruz NFT as a digital avatar in these games and win $BLUNT Tokens as prizes. The platform also organizes competitions where users get to bag $BLUNT, ETH Tokens, and NFTs as prizes for winning. BudBlockz's plans for the future include helping marijuana firms and entrepreneurs to tackle challenges like seed-to-sale tracking, data management, logistical issues, fundraising, and supply chain execution, among others.
Most crypto analysts who have reviewed BudBlockz believe that it has the potential to become a top 10 crypto in the future.
Litecoin's social engagement level grows by 81.54%
Litecoin is a decentralized cryptocurrency that can make cross-border and secure transactions. Its native token, LTC, is the primary cryptocurrency of the network. It is counted as among the world's leading crypto-based networks and has been operating with almost zero downtime since its launch in 2011. The platform leverages cutting-edge technologies like Lightning for powering instant settlement of funds globally and Atomic Swaps for multiple blockchain networks. Litecoin is a versatile and scalable crypto-based solution for individuals and large-scale businesses. November brought its share of good news for Litecoin users as the platform clocked new achievements. By November, Litecoin's number of social engagements was 604.45 million, an increase of 81.54%. Also, its total number of social media mentions grew by over 253.1%.
Stellar integrates with Merkle science
Stellar is an open-source network for creating, sending, and trading cryptocurrencies. Its native token, XLM, is used for all transactional purposes on the platform, like token swapping, payment of charges, and staking, among others. With Stellar, businesses can access a wide range of application program interfaces (APIs) and software development kits (SDKs) that can help them catalyze their operations and grow at scale. For instance, Stellar enables its users to build international dAPPS by leveraging cryptocurrencies and fiat currencies listed on the Stellar network. Using Stellar's in-built tools, one can also build decentralized exchanges for crypto assets. With Stellar, users can create and trade any cryptocurrency. The Stellar Development Foundation (SDF) recently announced that it would partner with crypto threat detection and risk management platform Merkle Science. With the move, Stellar seeks to introduce more transparency and risk mitigation capabilities to its network. SDF has integrated Merkel Science's transaction monitoring and risk-based reporting tools with the Stellar network.
Learn more about BudBlockz (BLUNT) at the links below:
Official Website: https://budblockz.io/
Presale Registration: https://app.budblockz.io/sign-up
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