While there has been plenty of cryptocurrency hype trains, most have not ended well. The implosion of meme coins has once again affirmed the need for projects backed by proven utility and use cases. BudBlockz and EOS are some of the projects in a class of their own. While the year has not been kind to the overall cryptocurrency sector, the two stand to be big winners once the dust settles and sentiments improve.
Below are some of the reasons you should consider adding EOS and BudBlockz amid the current depressed valuation in the cryptocurrency sector
- Proven Utility
BudBlockz is on course to become the leading decentralized e-commerce platform in the multi-billion cannabis sector. The crypto cannabis project has unveiled a blockchain-powered e-commerce platform that will make it easy for people to buy and sell cannabis products.
By enabling access to the global cannabis market in a private, secure, and decentralized way, BudBlockz stands to take advantage of enormous opportunities for growth. The sector is poised to be worth $200 billion by 2030 as more countries continue to legalize cannabis.
BudBlockz utility does not only revolve around enabling the sale of cannabis, it is also set to become one of the leading marketplaces for Non-Fungible Tokens. It has already unveiled its set of NFTs dubbed Ganja Guruz that accords users’ membership rights to various cannabis facilities and discounts on various products in stores.
On the other hand, EOS utility offers a platform that allows developers to launch and own decentralized applications. EOSIO is the smart contract blockchain that enables the creation of smart contracts that allow developers to create decentralized projects.
- Decentralized Finance Opportunities
Decentralized Finance is an area of strong interest and growth potential amid the push to decentralize financial services. Backed by the EOSIO blockchain, EOS is already offering feeless transactions. The blockchain can handle about 4,000 transactions per second, making it a perfect fit for making and receiving payments.
EOS can achieve high throughput thanks to the delegated proof of stake system. In addition, the blockchain stands out for enabling low-cost transactions, as people don’t have to pay any fees to transact on the chain.
BudBlockz is also looking to revolutionize the decentralized finance space with its newly launched BudSwap platform. The platform is designed to enable people to make and receive payments seamlessly and at the lowest costs possible.
In addition, BudSwap will offer staking capabilities allowing people to lock their Blunt tokens, thus helping protect the network and provide liquidity in exchange for some passive income.
- Solid Tokens
Highly prospective native tokens power both EOS and BudBlockz. BLUNT is the native token accords holders of the right to buy and sell cannabis products on the e-commerce platform. Additionally, it doubles up as a governance token allowing holders to vote on any upgrades or development in the project.
On the other hand, EOS is the native token that powers the EOS ecosystem. The token offers developers and holders the right to develop decentralized applications and smart contracts for various operations. Additionally, the token is at the heart of enabling super-fast transactions on the network.
Bottom Line
The future can only be bright for BudBlockz and EOS, going by the proven utility around cannabis and the development of decentralized applications, respectively. As investors focus on projects with a proven use case, the two should attract significant investors’ dollars.
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