STEPN successfully united fitness and gaming with non-fungible tokens (NFT). BudBlockz looks like it could be following in its footsteps, as it is expected to make waves in the marijuana industry.
Cryptocurrencies have been around for a while, and thousands of them are in the market. Dozens of new ones are launched each month. It’s no secret that cryptocurrency is volatile and investing in it is risky. This is why many stick to the bigger and more established options: Bitcoin, Ethereum, Tether, Binance, and Cardano.
However, even these highly successful cryptos aren’t guaranteed to be bullish all the time. New cryptos must be more aggressive and creative in launching their virtual currency. They must have a solid concept, preferably one with a real-life impact. BudBlockz aims to achieve just that.
This cannabis-centered cryptocurrency aims to revolutionize the marijuana industry in the real world and metaverse. The goal is to create an effective, long-term campaign much like STEPN.
How STEPN successfully sneaked into the crypto world?
STEPN is a lifestyle app with a game component. It integrated fitness and gaming with blockchain technology by being the first move-to-earn mobile NFT game. It has sneakers equipped with NFT so people can earn a GST or green Satoshi token when they walk, jog, or run outdoors. Players also have a choice of trading or leasing their NFT sneakers on the STEPN marketplace.
There are two tokens you can earn on STEPN: the GST, which is the utility token within the game, and the GMT or green metaverse token, which is the governance and native token.
STEPN has utilized a fantastic combination—a large part of the population wants to be fit, and many of them also enjoy playing games. The crypto component adds another layer to the company, which explains its success over the last year.
This type of success is what BudBlockz wants to emulate and eventually surpass.
What makes BudBlockz stand out?
BudBlockz is the first decentralized online ecommerce for marijuana enthusiasts to gain safe and secure access to global cannabis markets. The goal is to open dispensaries and create an online store to sell cannabis products that will be easily accessible to the public.
For now, the limitation is that transactions have to be in cannabis-friendly nations and U.S. states. The primary mode of exchange is the local currency, $BLUNT.
Just like STEPN, BudBlockz NFTs provide benefits to owners. BudBlockz will mint 10,000 Ganja Guruz NFTs inspired by the video games of the 1990s. They are created as ERC-721 on the Ethereum blockchain.
Users can own the NFTs as simple collectibles but also enjoy their practical benefits, such as membership in global dispensaries and discounts on products. Users can also leverage fractional ownership of cannabis farms and dispensaries on the platform. More benefits are expected to be introduced as soon as BudBlockz officially goes live.
Crypto specialists have a bullish forecast for BudBlockz, exactly like they did for STEPN. It also helps that more regions are open to legalizing marijuana in their jurisdictions.
Learn more about BudBlockz (BLUNT) at the links below:-