Anyone interested in cryptocurrencies will know that there are a lot of coins in the market, and it can be hard to keep track of the best ones. Here are three that you should definitely add to your watchlist.
Flow (FLOW)
The Flow blockchain was developed by Dapper Labs in conjunction with NBA Top Shot. Dapper Labs is the team behind CryptoKitties, and they decided to start their own blockchain after becoming frustrated with Ethereum and the limitations it placed on their game. It consequently evolved into a faster and cheaper blockchain with a native token called FLOW.
The appeal of Flow is the efficiency of its structure. Rather than using nodes that store all transactions and histories, Flow divides the information across several nodes, each validating a subset of the transactions. This makes it faster and cheaper.
The FLOW token is used to operate and maintain the blockchain and can also be incorporated into dApps developed on the platform. It is particularly popular for those developing games and NFTs, and its advantages are likely to keep its value high.
Hedera (HBAR)
Hedera is a decentralized public network and an incredibly fast blockchain alternative. It uses a patented codebase based on Hashgraph consensus technology that uses a network of computers to reach consensus.
Simply put, it is a proof-of-stake network where transactions are processed in parallel rather than linearly, like blockchain. This structure allows it to process up to 10,000 transactions a second. As a result, it is a platform where developers can build secure applications with near-instant consensus.
The HBAR coin is used for payments for different services on the network, such as for logging data, managing other tokens and NFTs, and paying network nodes. The coins can also be used for staking the network node and protecting against bad actors.
HBAR and the Hedera have attracted a lot of attention and investment. As a high-speed blockchain alternative, it has a lot of appeal.
BudBlockz (BLUNT)
BudBlockz and its native token, BLUNT, are still incredibly new to the market but are already causing a stir. The BudBlockz ecosystem is designed for cannabis enthusiasts and investors who want to gain exposure to a market expected to be worth US$176.5 billion within the next decade.
The platform features an online e-commerce store allowing access to buyers and vendors worldwide. It will also launch P2E gaming influenced by classic 90s games and an NFT collection of 10,000 Ganja Guruz.
As the platform is built on the Ethereum blockchain and is ERC20 compliant, it allows access to a vast amount of DeFi products. This has allowed it to develop a native DEX called BudSwap, where users can swap BLUNT for other ERC20 tokens.
The BLUNT token is currently in presale, having sold out the private sale. The token’s popularity stems from investors looking to buy a promising new cryptocurrency while also gaining exposure to the rapidly expanding cannabis market.
The token also facilitates liquidity within the ecosystem and can be used to gain rewards from staking, trade NFT artwork, and acts as a governance token. In addition, holders who buy a Ganja Guruz NFT can gain percentage ownership of farms, dispensaries, and other marijuana businesses that partner with the platform.
With so much on offer at BudBlockz and the impressive utility of its BLUNT token, this is definitely a project to keep an eye on and get involved with while prices are still affordable.
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