Cryptocurrencies have long surpassed the phase where they were considered too risky for investment. The key reasons behind their rising popularity include promising returns, enhanced data privacy, and limited interactions with third-party financial institutions like asset management companies and banks. Here’s why Chiliz (CHZ) and Algorand (ALGO) whales are switching to BudBlockz (BLUNT).
BudBlockz: Bringing Global Opportunities to Entrepreneurs
BudBlockz has been designed as a decentralized e-commerce platform for connecting cannabis entrepreneurs and enterprises with the global market. It’s built on the Ethereum network and is compatible with leading digital wallets. Over time, the platform will set up cannabis farms and dispensaries to aid product development, research, market linkages, and adoption of cannabis products.
The platform also has a native token called $BLUNT. It is based on the ERC-20 standard of Ethereum and facilitates transactional uses like staking, liquidity pool provisioning, NFT trading, and voting for operational purposes. If you are interested in purchasing the token, you can buy it on presale. A unique factor about the $BLUNT Token is that it is built on a deflationary model; hence, these tokens are burned regularly.
BudBlockz has also introduced a limited-series NFT called the ‘Ganja Guruz’ collection that offers its buyers a range of benefits. By purchasing these NFTs, buyers will also get a chance to become fractional owners of BudBlockz’s cannabis dispensaries and farms by simply submitting a KYC form. Once they become fractional owners, NFT buyers will be eligible for an annual dividend. Also, they will get access to special discount codes on BudBlockz products.
Since it has many utilities and provides passive income, the $BLUNT Token could potentially deliver huge gains after listing. Analysts believe cryptocurrency has high growth potential and is ideal for investors looking for long-term returns.
Chiliz to Launch the Fifth Phase of Staking and Governance with CHZ
Chiliz is a blockchain-powered platform that assists sports, media, and entertainment companies in targeting larger audience groups and monetizing their engagement. CHZ is the primary cryptocurrency on the Chiliz network and its other platforms and can be used for multiple transactional purposes like staking, liquidity management, and processing transactions, among others. Chiliz has also developed Socios.com, which is a sports fan engagement platform. Fans can buy branded fan tokens from leading teams like Juventus, Paris Saint-Germain, and AS Roma. Another unique offering by Chiliz is Chain 2.0, which is a highly-scalable and semi-decentralized blockchain especially designed to care for the needs of enterprise-level firms and startups operating in the sports and media industry. Over time, Chain 2.0 will offer NFT trading, play-to-earn games, dApps, DeFi products, and loyalty programs. Recently, Chiliz announced that it would launch the fifth phase of staking and governance for its CHZ Token on the Scoville Testnet.
Algorand Token Holders can Now Swap Tokens with Pera
Algorand is a sustainable and highly scalable blockchain network for building dApps and swapping cryptocurrency tokens. Founded by Silvio Micali, it aims to reduce technical barriers that restrict blockchain adoption. Its native token is ALGO, which comes in handy when dealing with transactional obligations like staking and paying fees or charges. ALGO Token holders also get the exclusive opportunity to vote and propose new blocks. According to the founding team, the platform has minimal electricity consumption as it leverages the proof-of-stake consensus algorithm. Algorand is preferred by several developers, too, because of its high throughput. The network produces blocks every 3.9 seconds and can process up to 25,000 transactions every second. This speed can clock a throughput of around 6,000 transactions every second. In a recent development, Algorand announced that its token holders would now be able to swap the ALGO Token on Pera, which is an open-source, decentralized wallet. It would be made possible with the integration of Tinyman – a decentralized exchange built on the Algorand blockchain – with Pera’s digital wallet.
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