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Discover BudBlockz (BLUNT) Plans To Improve The Cannabis Industry

 1 year ago
source link: https://cryptomode.com/discover-budblockz-blunt-plans-to-improve-the-cannabis-industry/
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Discover BudBlockz (BLUNT) Plans To Improve The Cannabis Industry

January 14, 2023
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BudBlockz is the first cannabis e-commerce platform to use blockchain technology. It’s an ecosystem that will unite the cannabis industry, allowing enthusiasts to buy, sell, and invest in products worldwide. The ecosystem is built on decentralized technology to secure the marketplace and protect personal data.

Through NFT technology, BudBlockz will verify eligible community members and grant licensing to users participating safely within the ecosystem.

BudBlockz provides solutions for marijuana businesses facing complications with seed-to-sale tracking, logistics, fundraising, and data management.

Mission

BudBlockz aims to increase the adoption and accessibility of cannabis products globally by creating an open platform for enthusiasts.

The BudBlockz Ecosystem

BudBlockz believes that the future of cannabis is decentralized. They are building a new ecosystem for the industry that will help marijuana businesses grow and maintain long-term success. Enthusiasts will also gain better access to products from all over the world.

NFT Marketplace

BudBlockz will use NFT blockchain technology to bring the cannabis industry into the digital age, giving customers and businesses access to valuable data security while providing verified membership.

The company will mint 10,000 NFTs in the theme of video games and aesthetics from the 1990s. A Ganja Guruz NFT serves as a permit to complete KYC, allowing participants to participate in the ecosystem. The KYC process is for those interested in becoming token holders.

BudBlockz aims to create a community-centered NFT marketplace that allows users to trade, sell, and buy tokens representing fractional ownership of non-fungible assets.

Fractional Ownership

BudBlockz will be the holding company for both dispensary and farm operations. They will give token owners fractional ownership of these businesses so they can earn dividends from their growth.

Farms and Dispensaries

BudBlockz aims to open dispensaries and farms in cannabis-friendly locations to distribute products and will partner with existing corporations to expand the worldwide market.

Customers and retailers can use the native $BLUNT token for in-store purchases, offering better pricing, local delivery, and private transactions on the blockchain.

De-Fi

BudBlockz will offer to stake its $BLUNT tokens, allowing the community to earn money just by holding them.

BudSwap will be a decentralized exchange where anyone can trade their tokens for other assets. The DEX will allow the BudBlockz wallet to convert other assets into products that can be purchased.

BudBlockz Wallet

The BudBlockz wallet is a decentralized application built on the Ethereum blockchain. The software will allow users to make transactions with $BLUNT tokens and other ERC-20 assets. The person who creates a wallet will be given its private keys.

The Bottom Line

It’s clear that BudBlockz has its finger on the pulse of the crypto and cannabis industries. They’re committed to providing the best possible solutions for marijuana growers, retailers, and consumers alike, and they are combining it with the many advantages of blockchain technology.

Their plans for improving the industry are ambitious and exciting—and if they succeed, it could be a game-changer for everyone involved in cannabis cultivation and consumption.

None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.


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