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Industry pundits are predicting that BudBlockz is going to be the top token since Dogecoin depending on the practicality, functionality, and early buzz of the coin. BudBlockz is the first digital e-commerce platform for marijuana enthusiasts. It will offer asset-backed NFT clusters, which will give holders the right to possession of tangible assets, like farms, products, and dispensaries. As the cannabis industry is growing continuously and exponentially, both in legalization and money, the industry forecast is more than 200 billion within the next decade.
Unlike Dogecoin, whose community started in response to satire, BudBlockz already has an established community with a unified passion. BudBlockz crypto is primarily for people who are interested in the cannabis industry.
Community and Approaches
Dogecoin was launched in 2013 by a few software engineers as a joke reaction to crypto speculation. This had been the first meme coin that stated itself as friendly and fun. In just two weeks, the popularity of Dogecoin soared and reached a market value of $8 million.
Business people and celebrities who became involved in the coin gave it an external boost. Dogecoin has the advantage of media and time exposure, but those are not necessarily long-term benefits. New tokens, blockchains, and approaches explore issues such as community, security, and energy efficiency in a way that was not possible before. This is where people will benefit from BudBlockz.
BudBlockz builds on what others have secured and caters to the growing marijuana market. Celebrities might shift their attention to other coins, but cannabis has been used for years. Moreover, its increasing legalization worldwide has revealed a passionate and broader community.
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There are many cannabis coins, but BudBlockz is different in its desire to develop a community for people who want to get involved – from dispensaries and growers to investors and users.
Dogecoin is a peer-to-peer, open-source cryptocurrency with its blockchain. It might have begun as a joke, but it functions well. Since it is based on the Scrypt algorithm, the transaction process is smoother than Bitcoin, taking just a minute to confirm. The ecosystem works per the Trailmap of the Dogecoin Foundation, where the developers and staff list directions and projects based on community feedback.
However, BudBlockz is an NFT marketplace and ecosystem designed to bring together cannabis enthusiasts. Moreover, since it has been built on the Ethereum blockchain, it enables the use of DEX and other Defi products.
Its token, BLUNT, serves multiple purposes. Firstly, it is a digital medium of exchange, enabling owners to purchase and sell goods and services. It offers liquidity for the NFT marketplace and partial ownership opportunities of farms and dispensaries. As a result, it improves the communal aspects since it has some stake in seeking to improve the marijuana sector.
In terms of governance, token members and holders of the BudBlockz DAO can put forward proposals, have the right to discuss and vote, and have a voice in decision-making on ecosystem development. It is a more inclusive and decentralized approach to governance and facilitates a sense of community.
Final Thoughts
Dogecoin started as a joke, but by developing a community, it became popular. It is a sign of how communities can bring about a great difference in cryptocurrency. However, the approach was essentially discovered and then adopted.
BudBlockz, a newer platform, has been launched with a certain community in mind. It means they can use the technology available and attend to the users’ needs while growing a platform that appeals to them. So, it works on a shared sense of purpose, and this case is the success of the cannabis industry and has proven to be a practical approach.
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
Discord Server: https://discord.gg/s7hBFgvTmN
All BudBlockz Links: https://linktr.ee/budblockz
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