The post BudBlockz (BLUNT) Will Eclipse Arweave (AR) By The End Of The Year appeared first on Coinpedia Fintech News
It is looking to be a very interesting year for the blockchain industry. With so many potential cryptos and NFT platforms being launched, investors are gradually becoming optimistic. It is due to how slowly the market has followed global inflation and economic uncertainty. Fortunately, some pretty promising and valuable blockchain projects are geared to disrupt the blockchain ecosystem and have boosted investor confidence.
One of the most exciting blockchain projects that launched recently is BudBlockz. And it is surpassing notable crypto platforms such as Arweave (AR). In light of this, we’re going to talk about how BudBlockz aims to be the next blockchain giant and how it will easily eclipse AR by 2023.
What is Arweave (AR)?
Arweave provides cutting-edge data storage solutions for limitless data on the blockchain infrastructure. The company aims to become a major player in blockchain and web3. AR combines cutting-edge technologies and a vast distributed server network to provide streamlined data storage solutions. It allows users to store a broad range of files, such as images, reports, and tons of other data, via a single payment using the platform’s native token, AR.
Since the company doesn’t require you to repeat payments or fees, it has truly become a one-stop and affordable solution for corporate-level data and information storage. Several reputed crypto platforms have now integrated with Arweave to leverage its services. The most notable blockchain companies include Solana, Polkadot, Avalanche, and Polygon.
A Glimpse into BudBlockz
BudBlockz is an innovative platform that aims to integrate the cannabis industry into the blockchain stratosphere. In addition, it is also the only DeFi e-commerce platform that is designed for the global cannabis and legal marijuana audience. The company strives to build a powerful community of like-minded individuals, businesses, and entrepreneurs, providing them with a seamless, secure, and legalized platform to buy and sell cannabis-based products worldwide.
In addition, BudBlockz will also enable users to become fractional stakeholders in various marijuana businesses on the platform using the company’s recently launched Ganja Guruz NFT collection. The NFTs were launched on both OpenSea and Rarible.
Why BudBlockz ($BLUNT) Will Easily Surpass Arweave (AR)
With the features and real-world use cases BudBlockz provides, it is easy to see how it will topple Arweave. Moreover, BudBlockz has recently, albeit very successfully, closed its presale, turning a profit of more than $1 million. In addition, they’ll soon launch their native token ($BLUNT) on different crypto exchange platforms in less than a month. This positions the company to grow exponentially in the coming year.
Arweave has a market capitalization of over $300 million, which means they have a particularly limited growth trajectory. On the other hand, BudBlockz quickly raised its market capitalization to more than $2 million (before even launching on a crypto exchange). It means even if the company increases its market cap to $100 million, there will be a massive increase in value for the platform’s native token ($BLUNT).