The NEAR Protocol as a project was originally founded in 2017; however, its mainnet was launched in 2020; what this essentially means is that the project has had the time to explore the possibilities of blockchain technology  and has, over time, managed to capture the attention of numerous crypto investors.

However, since then, countless new crypto projects have also entered the crypto space. BudBlockz is one such project where it and its native cryptocurrency, $BLUNT, can make a solid addition to the portfolio of $NEAR holders. Today, we are going to explore exactly why this is the case. 

NEAR Protocol and its Native Cryptocurrency $NEAR

NEAR Protocol is essentially a decentralized application (dApp) platform capable of smart contract functionality and has the Proof-of-Stake (PoS) blockchain consensus mechanism. 

It was built by the NEAR Collective and aimed to compete with other smart-contract-enabled blockchains. 

The project focuses on creating an environment for developers to build dApps that is convenient for them. Its native cryptocurrency, $NEAR, is utilized for the payment of transaction fees and storage. The holders can also stake these tokens to aid the network in achieving consensus. 

BudBlockz and its Native Cryptocurrency, $BLUNT

BudBlockz, is a project built on top of Ethereum ($ETH), another blockchain that leverages the Proof-of-Stake (PoS) blockchain consensus mechanism. However, its purpose and goal lead to an entirely different direction.

BudBlockz aims to be the ideal e-commerce platform for entering the cannabis industry through a fairly traded environment within legal jurisdictions.

Its native cryptocurrency is $BLUNT, and investors in the cryptocurrency, aside from supporting the ecosystem, can also gain access to fractional ownership within different cannabis corporations, including dispensaries, farms, and CBD manufacturers.

Companies can also leverage this to gain increased liquidity and push their products to a broader market. 

Additionally, by leveraging the power of blockchain technology, users can facilitate encrypted, peer-to-peer (P2P) purchasing. 

Why BudBlockz Makes a Great Portfolio Addition

BudBlockz features a high level of interoperability with a different blockchain network, which means that dealers can exchange tokenized adaptations of their resources and non-fungible tokens (NFTs) globally.

Additionally, the $BLUNT cryptocurrency provides liquidity within the ecosystem and will let anyone buy products, trade NFTs, and earn rewards from participating in any future Decentralized Finance (DeFi) activities or Play-to-Earn (P2E) gaming opportunities.

The BudBlockz ecosystem is expansive and will grow to feature the 10,000 Ganja Guruz NFT collection, contributing to even more utility for holders of these tokens.

All of these aspects, alongside the token existing on a Proof-of-Stake (PoS) consensus blockchain, indicate how much similarities it has to $NEAR. However, its different direction, and the overall difference in utility and target demographic, ensure that investors can tap into a completely new industry by leveraging the power of blockchain technology. 

It is what makes BudBlockz a great portfolio addition to  investors or holders of NEAR Protocol’s native cryptocurrency, $NEAR, where $BLUNT can be a new token in their wallets.

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

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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