Knowing which tokens to invest in can be confusing with so many options. However, EOS (EOS) and Synthetix (SNX), and BudBlockz (BLUNT) have been reported by experts as three of the top cryptos to put your money in for 2023.
For example, BudBlockz (BLUNT) is now in stage four of the presale and has seen its price increase by 210%.
For those still on the fence about which tokens to invest in, read on to find out why investors are flocking to EOS (EOS) and Synthetix (SNX), and BudBlockz (BLUNT).
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BudBlockz (BLUNT)
BudBlockz (BLUNT) is the first eCommerce platform to establish a decentralized marketplace that enhances the process of buying, selling, and trading cannabis products.
The project was built on the Ethereum blockchain and sought to enhance access to the global cannabis market in a secure and decentralized manner.
The platform continues to attract strong interest from users and investors looking to tap into the multi-billion opportunities in the cannabis sector.
In addition to buying and selling cannabis products, BudBlockz has also set out to allow people to tokenize real-world objects. It has already established a premium NFT collection known as Ganja Guruz and plans to open an NFT marketplace where these items can be traded.
Holders of the NFTs will be eligible for many benefits, including access to cannabis dispensaries worldwide, discount codes on cannabis products, and fractional ownership of cannabis dispensaries and farms.
In addition, BudBlockz plans to unveil a P2E gaming platform based on cannabis. Gamers will receive rewards while competing against one another.
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EOS (EOS)
The EOS.IO is an open-source platform that allows developers to build decentralized apps known as dApps. The native cryptocurrency that derives the network is called EOS.
The whitepaper for its software was released a year before its launch. The project’s mission is to make it simple and easy for programmers to embrace blockchain technology. It aims to achieve that by ensuring its network is easy to use than its competitors.
Another factor that distinguishes EOS from rivals is scalability. While most of its competitors can handle fewer than a dozen transactions per second, EOS promises to be ahead of them.
The company claims it can handle the requirements of at least hundreds of dApps. EOS crypto tokens are also created and earned uniquely compared to Bitcoin mining.
Users create the required number of blocks and get rewarded with new EOS tokens for each block they make. The EOS blockchain is regarded as a competitor to the Ethereum blockchain.
Synthetix (SNX)
Synthetix is a software that allows users to mint new crypto assets that mimic real-world assets (like the U.S. dollar) and crypto assets (like Bitcoin).
One of an emerging number of decentralized finance (DeFi) cryptocurrencies, Synthetix enables this service through code alone, without needing a financial intermediary. Instead, Synthetix is a collection of smart contracts on the Ethereum blockchain.
Synthetix users do not need to trust a particular person or institution to manage the crypto assets they create. They only need to trust that their code will execute as written.
Synthetix generates these new assets using a process called collateralization. To collateralize an asset on Synthetix, users must purchase its SNX cryptocurrency, which, once locked in a special contract, can generate these new assets (called synths).
For instance, one synth designed to mimic the value of the U.S. dollar is called sUSD. Another synth designed to mimic the Bitcoin price is called sBTC. Still, synths can be created for any asset, be it a commodity like silver, gold, or cash like the euro or Korean won.
Synths can then track the value of other assets using special data feeds, called oracles, which enable users to gain exposure to gains or losses in those markets.
Use promo code: BUYBLUNT for a 20% bonus on your purchase. Valid until January 31st.
Purchase or 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
