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Why Chilliz (CHZ) and BudBlockz (BLUNT) are Pumping amid FTX Chaos

 1 year ago
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Why Chilliz (CHZ) and BudBlockz (BLUNT) are Pumping amid FTX Chaos

January 18, 2023
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2022 was a challenging year for the cryptocurrency industry. Not only have we seen one of the most prominent bear markets in the history of cryptocurrencies, but FTX, one of the major cryptocurrency exchanges collapsed. The collapse of FTX caused a major shock wave in the crypto industry and even led to a decrease in the price of several cryptocurrencies.

However, even in the current crypto winter, some coins have proved resilient enough to rise above the chaos. BudBlockz and Chiliz are two great examples.

BudBlockz (BLUNT): Bridging The Gap Between Blockchain and Cannabis

BudBlockz is an Ethereum-based cryptocurrency project designed to solve major problems in the cannabis sector. The team behind BudBlockz had in mind a platform where new and experienced cannabis users can meet, socialize, and trade their favorite marijuana-related products.

BudBlockz features an eCommerce platform that gives cannabis users a decentralized, secure, and private place to trade their favorite cannabis-related products on a 24/7 basis. The eCommerce store is only open to people living within cannabis-friendly jurisdictions.

Cannabis enthusiasts who reside outside cannabis-friendly jurisdictions can participate in the BudBlockz ecosystem by purchasing Ganja Guruz NFTS. Ganja Guruz is a collection of cannabis-themed artworks representing fractional ownership of cannabis farms and businesses. 

When investors buy Ganja Guruz, they become full members of the BudBlockz ecosystem. Additionally, they also get a chance to participate in the cannabis industry and get first-hand experience and information on the different opportunities in the cannabis sector without being in direct contact with decriminalized assets.

Although BudBlockz has only been around for a while, the project has received a lot of attention from investors, this is because BudBlockz has been growing at unprecedented rates and is expected to keep growing in the coming months. 

The cannabis industry is expected to be worth about $176.5 billion by the beginning of the next decade. As BudBlockz is well positioned to be part of this growth, the project is expected to skyrocket in growth in the coming years, especially as more jurisdictions legalize the use of cannabis for medicinal and recreational purposes.

Chiliz Blockchain-Based Solution For The Entertainment Sector

Chiliz is a cryptocurrency project designed with a focus on blockchain-backed products and services created for mainstream consumers. The goal of Chilliz is to elevate experiences such as engagement of fans in entertainment and provide an alternative payment option for conventional products.

Chiliz also provides blockchain-based tools for sports and entertainment entities that want to leverage blockchain technology to engage and monetize their audience.

The Chilliz blockchain is home to Socios, an engagement platform that allows fans to purchase branded tokens from well-known sports teams, including Fc Barcelona. Paris Saint-German, Juventus, CAI, AS Rome, UFC, Atletico de Madrid, Galatasaray and OG.

When fans buy tokens on Socios.com, they get a chance to influence their teams through the popular vote. They also become eligible for team rewards and recognition, which are subject to their engagement. 

Like BudBlockz, Chiliz has been experiencing some gains in the last few months. Unlike most other cryptocurrencies that are yet to recover from the hit they suffered during the crypto winter, Chiliz is showing strong bullish signs and is expected to continue rising in the coming weeks.

Final Word

Even in the worst of bear markets, there are still cryptocurrencies that are worth investing in. BudBlockz and Chiliz are some of the best Cryptos to invest in as we start the new year.  Both coins have been showing positive improvements and analysts predict that the uptrend is likely to continue in the coming months.

Purchase or 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

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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