As far as cryptocurrencies go, the ship has already set sail, the train has left the station, and the rocket has shot to space. There is no going back. Whichever shortcomings, deficiencies, or incapacities that crypto has will be fixed as we move forward.

This is because cryptocurrencies confer certain benefits to users that conventional currencies can never offer.

From seamless peer-to-peer transactions, increased user privacy, higher interoperability, lower transaction costs, and efficient cross-border payments among other benefits, cryptocurrencies are undoubtedly the currency of the future.

Two among many

As a direct result of the tremendous utility and convenience cryptocurrencies offer, the crypto ecosystem has been steadily expanding. There are now more than 19,000 cryptocurrencies in existence.

However, today we’ll shine the spotlight on two noteworthy crypto tokens; Big Eyes (BIG) and BudBlockz ($BLUNT) tokens.

Meme-inspired Vs Weed-inspired

Big Eyes is a meme token while BudBlockz is a utility token. This means that Big Eyes is a crypto token based on the hilarious, comical pictorial jokes on the internet popularly referred to as memes.

This trend of meme-based crypto projects was first popularized by Elon Musk when he famously (or infamously) supported Dogecoin. Hence, Big Eyes is essentially a meme-inspired crypto project whose token’s value will be acquired with its use.

On the other hand, the BudBlockz token ($BLUNT) is the native token of the first decentralized Cannabis E-commerce platform. Hence, BudBlockz’s token has been designed specifically for use within the BudBlockz ecosystem.

Intrinsic value

Based on the facts presented above, a distinct difference between the two tokens emerges. The Big Eye token (BIG) does not have INTRINSIC value as it is an ideated crypto token which will derive its utility from the community speculation generated around it.

On the other hand, the BudBlockz token is created with a predefined purpose; to facilitate operations within the decentralized economy that will be built around the BudBlockz E-commerce platform.

As such, the BudBlockz token has intrinsic value in and of itself as it is backed by real, tangible assets which are the Cannabis products that will be sold within BudBlockz. The implication here is that as the BudBlockz economy grows, so will the value of ($BLUNT).

Practical utility

Closely associated with the matter of intrinsic value is the practical utility of the two tokens. For the Big Eyes crypto project, 5% of its token will be donated towards charitable causes with a particular focus on combating environmental degradation.

For the BudBlockz token, it will be used to;

• Complete payments securely in the BudBlockz ecosystem when buyers purchase Cannabis products from producers/retailers on the platform.
• Buy Ganja Guruz NFTs which will then be used to acquire fractional ownership stakes in Cannabis farms and dispensaries worldwide.
• Generate revenue for holders by being staked and locked in a liquidity pool for a predetermined period of time.

Therefore, while BIG and ($BLUNT) are both crypto tokens, they differ significantly in their purpose and utility as assets. Once the BudBlockz project is launched, it is safe to say ($BLUNT) will be the premium Cannabis currency on the Blockchain.

Access the Digital Channels of BudBlockz to Learn More:

Official Website: 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

Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff. 

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