When we look back at cryptocurrency’s history and how it got to where it currently is, we can see how vital a sense of community was and continues to be. The crypto ecosystem is based on that sense of community and is built into the technology.
Fundamentally, cryptocurrencies give power back to the people. It is about creating functional tools and processes that work for everyone, regardless of the context. You must first understand what people want and require to create something functional and valuable.
This understanding is among the things that set Budblockz (BLUNT) apart. The open, two-way conversations that the crypto community wholeheartedly facilitates around cannabis and cryptocurrencies play a significant role in its success.
Let’s explore how BudBlockz (BLUNT) builds a stronger community than Ripple (XRP) and Monero (XMR).
Ripple (XRP) Enjoyed the Support of a Passionate Community from the Start
The cryptocurrency community determines how far a cryptocurrency can go. The community is usually founded by people who are deeply committed to it, possibly because their money and investments are at stake. The Ripple (XRP) community started with a zealous and ardent community that hoped to see the cryptocurrency make great strides.
Ripple (XRP), on the other hand, has grown cryptocurrency as a transactional protocol designed on a distributed ledger network. Ripple’s primary currency is XRP, and this cryptocurrency is a service that aims to provide real-world solutions using blockchain technology.
Monero (XMR) Raises a Grassroots Community for the Pioneer Privacy Cryptocurrency
The Monero (XMR) project has pioneered privacy and security in cryptocurrency. Monero, as a project, strives to hold its developers, researchers, leaders, and community to the highest standards possible while minimizing the risk of growing complacency and apathy.
The strength of Monero (XMR) is the community, and if the developers and stewards fail to run the project in a way that the community approves of, the project can be forked, and a new team can take over. Monero does this by hosting a weekly Skepticism Sunday on the community subreddit. It is a place where people can express their concerns about Monero (XMR), the protocol, the leadership, or anything else.
BudBlockz (BLUNT) Using Blockchain to Create a Unique Community of Crypto and Cannabis Lovers
BudBlockz (BLUNT) introduced a unique value proposition driving a great sense of community around the project. BudBlockz provides legal and secure access to an otherwise heavily regulated industry, allowing cannabis enthusiasts to grow on a large scale by tapping into the international market.
BudBlockz’s native token, $BLUNT, helps with all transactional purposes, such as staking, liquidity management, voting, and petition signing. The fact that $BLUNT is deflationary is a crucial selling point, and these tokens are burned regularly to ensure that their supply remains limited.
The team can better protect investors’ interests with a limited supply while minimizing price fluctuations. As a result, the platform regularly holds ‘How High’ token burn events to keep the token value stable.
With regulators tightening KYC requirements and banning anonymous transactions, the sentiment toward privacy tokens such as Monero is gloomy. In the same way, the XRP community has been primarily affected by its legal battle with SEC. However, the optimism and positive sentiment around BudBlockz show that it will no doubt build a stronger community than Monero (XMR) and Ripple (XRP).
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
