With the launch of the world’s first digital asset, Bitcoin, more than a decade ago came an incredible array of other potentially innovative and valuable cryptocurrencies such as Ethereum, Doge, Solana, and many more. However, the emergence and prominence of blockchain also gave rise to other attractive digital assets, such as non-fungible tokens and decentralized blockchain applications.
Fast forward to today and we’re surrounded by some prominent NFT and crypto projects that have performed well over the years. However, when it comes to creativity, innovation, and sheer exclusivity, only a handful of recent projects have taken the crypto market by storm. And one of the newer projects to have started ruling the blockchain world is BudBlockz.
BudBlockz is a one-of-a-kind cannabis crypto platform that is successfully solving one of the most acute complications of the legal marijuana industry, interoperability, and helping CBD companies connect with their target audience.
In light of this, let’s talk about how BudBlockz has overtaken control from well-established altcoins such as Cardano and Ripple in terms of value generation, popularity, and demand.
How BudBlockz is Outperforming Cardano and Ripple
BudBlockz presale launch to the public of its native crypto token (BLUNT) has been a success. The platform has experienced a high volume of purchases after just being launched a few months ago. Blockchain investors and analysts say that the platform could potentially be the next champion of the crypto world in 2023. In addition, BudBlockz has surpassed other popular names in digital coins, such as Cardano (ADA) and Ripple (XRP).
Cardano is an innovative digital currency that provides users and blockchain developers with seamless opportunities they can leverage to develop more tokens, consistently optimize them, and integrate more interoperability on different blockchain networks such as Ethereum. But while Cardano is a heavy-hitter in the decentralized finance sector and is full of innovation, it too has experienced a sudden decline in value this year. And crypto analysts say that the coin will recover, but it will take a long time.
Ripple is another interoperable and DeFi crypto project launched as a seamless and feature-packed project that enables users to connect their digital currencies with other cryptos, tokens, and fiat currencies. The platform aims to make currency exchange on blockchain platforms more straightforward and more accessible to people worldwide.
However, like Cardano, Ripple (XRP) was also stricken with uncertainty, owing to the volatility that hit the crypto stratosphere just like many other tokens in 2022. And while Ripple is also a worthy project, it needs to show promising signs to recover its lost value, and it will be some years before the platform stands back on its feet.
How BudBlockz is Continuing to Increase Investor Confidence
One of the primary things crypto investors focus on in any new project is its viability and capability to offer innovative functionality. The potential of a crypto’s use case is what automatically positions it to attain popularity and value. And BudBlockz checks all the right boxes.
First of all, no other crypto and NFT project promises sheer exclusivity as BudBlockz does. How? Well, it is the world’s first cannabis crypto. This was one factor that quickly brought the platform under the radar of several big and small investors.
The company offers peer-to-peer trading and using their native crypto (BLUNT), users can buy and sell various legal CBD and marijuana products from markets and brands worldwide. And because it is also amongst a handful of companies with a low circulating coin supply, it automatically means that the platform will be governed by the total of its community members (which are potentially in the thousands now).
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