The post Budblockz (BLUNT) To Outrun Fantom (FTM) As the Next Crypto Giant appeared first on Coinpedia Fintech News
In 2022 the crypto market lost over 60% of its total value, equating to around 2 trillion USD. During this market decline, it was estimated that at least 2500 cryptocurrency projects fell through, losing investor funds and destroying investor confidence in the market.
Budblockz (BLUNT) is helping rebuild this confidence after four successful presale stages. Growth is expected to continue as top analysts believe it could soon overtake popular projects like Fantom (FTM), which has been hit hard by the bear market.
BudBlockz (BLUNT) is a digital eCommerce and NFT platform that seeks to facilitate the adoption and sensitization of the cannabis industry.
BudBlockz’s e-commerce platform plans to revolutionize the multi-billion-dollar cannabis industry using innovation and blockchain technology.
As it was built on decentralized technology, the e-commerce platform will ensure complete security and privacy for users buying and selling cannabis products under it.
Apart from buying and selling cannabis-related products, the project plans to launch its NFT collection named Ganja Guruz, which will enable users to trade 10,000 NFTs.
Also, BudBlockz’s NFT marketplace will give users access to fractional ownership of tangible real-life assets, cannabis dispensaries, and farms.
BudBlockz’s native token, BLUNT, will enable users and investors to transact on the BudBlockz ecosystem. The platform will also launch BudSwap, the decentralized finance platform of the network that will allow peer-to-peer lending and borrowing.
BudBlockz is a unique, promising project and is highly attractive to investors, and many crypto analysts expect it to grow faster than Fantom (FTM) in the coming year.
Fantom is a DAG-based smart contract platform for decentralized applications (dApps). So, is Fantom centralized or decentralized?
Fantom is a highly scalable, decentralized, permissionless, open-source platform used to build crypto dApps.
DAG is a data structuring and modeling technology whose networks comprise edges and vertices, unlike blockchains, which are made up of blocks. As a result, crypto transactions in the network are represented by vertices and are stacked on top of each other.
The Fantom Foundation was founded in 2018, and the project has since grown to become one of the most popular blockchains for DeFi transactions.
The platform’s creation addresses the shortcomings, including the lengthy transaction times of prior blockchain platforms like Ethereum and Bitcoin. FTM is the Fantom network’s native token, which can be used for governance activities, compensating validators, and providing network security.
The Fantom network is no longer experiencing the kind of adoption it was getting before. This is because of the availability of more competing products like the Bitgert BEC20 blockchain, a cheaper and faster chain that makes Fantom appear inferior. As Fantom has seen a decline, BudBlockz continues to strive, entering the fourth stage of its presale, making it one of the few projects to progress so efficiently since the bear market.
From our journey discussed, hopefully you can see both coins’ pros and cons, but there is one clear winner BLUNT. Get buying now and join others in creating a better future.
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