Can BudBlockz (BLUNT) Rise As High As Binance Coin (BNB)?

Can BudBlockz (BLUNT) Rise As High As Binance Coin (BNB)?

Utility tokens like Binance Coin (BNB) have seen considerable adoption recently, proving that a token can have enormous growth if more entities are willing to use it to trade. This is even truer when you introduce new financial products based on that token.

Another great example of a token with such qualities is BudBlockz’s BLUNT token. So, let’s examine the shared attributes that could make it rise as high as Binance Coin.

Investment vehicles

BNB can be used to access token sales on the Binance Launchpad. This is a simple way for ordinary people to get the kind of opportunities that would usually be reserved for accredited investors or venture capital firms with deep pockets. 

In the same spirit, you can use BLUNT to purchase digital assets representing fractional ownership in real-world cannabis farms, dispensaries and other businesses. This is a creative avenue through which the BudBlockz team enables everyday people to get a piece of the marijuana action irrespective of whether they have lots of money to spend. 

Pro-Saving

Just like BNB holders can save on spot, margin and futures trading fees on Binance, BLUNT holders can access discounts and promotions from a wide range of cannabis businesses. Such perks appeal to price-sensitive shoppers or traders and encourage them to transact repeatedly. 

This drives up demand for BLUNT tokens and keeps them changing hands, which bodes well for liquidity and upward price action. 

Community 

Using BNB, you can participate in games on the Binance Smart Chain and utilize other dApps. Similarly, the BLUNT token lets you try play-to-earn gaming and purchase NFTs. Both use cases can prove lucrative, as the rarity of an NFT can drive up its value and the time spent playing a game can translate to more rewards as you progress to higher game levels. 

Additionally, you’ll be doing more than multiplying the value of your BLUNT holdings. With each win you achieve in a game, you’re creating a moment you can share with other gamers via chat, video streaming or by minting an NFT of that triumphant in-game moment. This drives interaction and promotes the platform. 

Liquidity provision

BNB holders can use the tokens to provide liquidity on Binance Liquid Swap and subsequently get a portion of the fees from each trade involving the tokens they provide. Likewise, BLUNT holders can choose to deposit their tokens into a liquidity pool, improving stability for BLUNT traders and generating income from their holdings thanks to the fees traders pay. 

Burning mechanism

BNB and BLUNT incorporate burning techniques in their technology to manage the token supply. This helps limit inflation, encouraging people to use BLUNT as a store of value or the equivalent of a savings account. 

The buy-to-store pattern results in reduced volatility and steady upward price movement. In addition, things like the BLUNT Token Burn Event make investors more confident that the token will maintain and even gain more value in the future. 

Ethereum support

BNB substantially benefits from the fact that its base layer, Binance Smart Chain, is heavily founded on Ethereum code, which has continuously supported more secure, scalable, environmentally-friendly, transparent and interoperable application deployment.

So, with BLUNT built on top of Ethereum, BudBlockz services also emerge as more reliable, sustainable, accountability-friendly and easy to connect to other EVM-compatible networks. Generally, BLUNT encapsulates all the user experience merits associated with Ethereum’s inherent qualities.

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

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