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Cryptocurrencies To Watch In 2023: Solana, Ripple, and BudBlockz

4 November 2022
in Solano
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2022 has been a stellar year for cryptocurrencies as the crypto market touched new highs in terms of trading volumes and prices. Cryptocurrencies have become an integral part of investor portfolios across the world. Their popularity has also paved the way for blockchain assets, like non-fungible assets and meme coins, to carve a niche for themselves. If you want to find a reliable way to figure out promisingcryptocurrencies to invest in, you should start by researching some of the top names like Solana (SOL), Ripple (XRP), and BudBlockz (BLUNT).

BudBlockz: Blockchain For Regulating Access to the Global Cannabis Market

BudBlockz is an Ethereum-compatible platform that facilitates legal and secure access  and enables its users  to access the global cannabis market. It aims to promote a fair-trade ecosystem where anyone in the world can gain access to the cannabis industry. It has a native token called $BLUNT, built on the ERC-20 standard and has a total supply of 420,000,000 units. The unit will be available for purchase on presale, and users can easily accumulate huge volumes. A key feature of the BLUNT Token is that it is deflationary, which means that these tokens are burnt regularly to keep their supply limited

Of the total supply, around 25.6% of the tokens have been reserved for presale, and another 6.4% of tokens will be set aside for private sale. The platform has allocated 18% of tokens for marketing, 25% for liquidity management, and another 8% for developers’ wallets. The remaining tokens will be divided between founders (10%) and project partners (5%). Around 2% of the $BLUNT Token will also be diverted toward token burn events. Users should know that the tokens reserved for project partners and founders will have a lock-in period of a year, while those set aside for marketing activities will have a vesting period of 90 days.

Another key feature of the platform is its NFT series, called the Ganja Guruz collection, these NFTs comprise a digital artwork inspired by 1990s video games. They enable users to access a niche investment option that offers them multiple benefits. NFT owners will gain access to fractional ownership in BudBlockz’s dispensaries and farms worldwide. They will also get additional discounts on BudBlockz products.

BudBlockz has a clear advantage over other coins for many investors as it seeks to innovate rapidly in the cannabis sector. It is a largely unexplored market, and that gives it an upper hand. Also, users will get multiple opportunities to earn on the platform, which only helps it expand its investor base.

Ripple Claims a Higher Level of Decentralization as XRP Holdings Drop

Ripple is a decentralized platform offering enterprise-grade solutions for businesses and helping them explore blockchain opportunities to boost revenues. Its native token is XRP and is used for all transactions on the network. By leveraging Ripple’s solutions, businesses can access more cost-effective and efficient alternatives to financial services. Recently, Ripple claimed a higher level of decentralization as the quantum of Ripple’s holdings dipped below 50% for the first time in its history.

Solana-based Ottr Finance raises $3.1 million in pre-seed funding

Solana is a decentralized platform that helps developers to build highly agile and user-friendly dApps. The blockchain is ideal for scaling dApps globally, maintaining composability between different projects as the network grows. Its native token, SOL comes in handy for dealing with all kinds of transactional uses on the network. Recently, Solana-based cryptocurrency app OttrFinance announced that it had raised pre-seed funding of $3.1 million. Race Capital, Circle Ventures, and Slow led the latest round of funding.

 

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

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

 

 

 

Credit: Source link

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