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The Strengths of BudBlockz And Why It Can Grow Faster Than Axie Infinity In 2023
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.
BudBlockz is one of those crypto projects where you can be one of the first investors in a crypto coin and an industry as a whole. Since BudBlockz is the first decentralized e-commerce marketplace for the cannabis industry;their token $BLUNT and their NFTs Ganja Guruz offer real-life use cases, making them even more valuable.
In this article, we will uncover the strengths of the BudBlockz project and why it could grow faster than Axie Infinity in 2023.
BudBlockz Strength #1: Cannabis Market Is Huge
BudBlockz taps into a potentially huge market. Cannabis has just become decriminalized in some US states and 30 countries worldwide. The trend is clear: more legislation will follow, and the cannabis market will grow. In fact, economists project a potential $176b market cap of the whole cannabis market by 2030. BudBlockz will be at the forefront of this growing industry by professionalizing logistics and data management and increasing accessibility for the community.
BudBlockz Strength #2: First Decentralized E-Commerce Platform
The fascinating thing about BudBlockz is that they not only tap into a potentially huge market but are also a first mover. E-commerce currently makes up about 30% of the whole cannabis market. This percentage will only grow over the next decade. And BudBlockz is at the forefront of building the first decentralized e-commerce marketplace. If they can only secure 30% of the whole cannabis industry, that would already bring their market cap to over $50b. And if they can become the number one cannabis e-commerce marketplace, this percentage will likely be even higher.
BudBlockz Strength #3: Real Utility for $BLUNT and Ganja Guruz NFTs
The third and most important strength through the lens of an investor is that they are building a token and an NFT with real utility.
Unlike many crypto tokens that are simply governance tokens, the $BLUNT token will be the medium of exchange for all BudBlockz participants. That includes farmers, dispensaries, stores, and the end user. All parties who want to use the decentralized marketplace will have to own the $BLUNT token. As the industry grows, demand for the marketplace will grow as well, andincreasing demand will likely cause the price to skyrocket.
Along with that, their Ganja Guruz NFTs offers another interesting real-life use case. By owning one, you will be able to profit from fractional ownership of the dispensaries and farms. It allows you to own a decentralized share while also earning passive income in the form of dividends and profiting from exclusive membership discounts and bonuses.
Why BudBlockz Can Grow Faster Than Axie Infinity in 2023
With all of those strengths, BudBlockz could grow faster than Axie Infinity in 2023. BudBlockz is currently running its presale, meaning their token is not yet on an exchange. It gives them a huge opportunity to grow massively in 2023. Axie Infinity has a market cap of $1b, so the growth potential is limited. At the moment, the $BLUNT market cap is at about 2.5m. So, a market cap of $100m would already be 40x for $BLUNT, which is almost impossible for Axie Infinity.
Final Words
BudBlockz is one of the most promising new crypto projects. It is a first mover in an up-and-coming industry with huge potential. Their current presale, gives you access to a token with a real-life use case where the increasing demand can potentially lead to explosive growth. So, BudBlockz will likely grow faster than Axie Infinity in 2023.
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
A quick 3min read about today's crypto news!
