The Strengths of BudBlockz And Why It Can Grow Faster Than Axie Infinity In 2023
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BudBlockz is one of those crypto projects where you can be one of the first investors in a crypto coin and an industry as a whole. Since BudBlockz is the first decentralized e-commerce marketplace for the cannabis industry;their token $BLUNT and their NFTs Ganja Guruz offer real-life use cases, making them even more valuable.
In this article, we will uncover the strengths of the BudBlockz project and why it could grow faster than Axie Infinity in 2023.
BudBlockz taps into a potentially huge market. Cannabis has just become decriminalized in some US states and 30 countries worldwide. The trend is clear: more legislation will follow, and the cannabis market will grow. In fact, economists project a potential $176b market cap of the whole cannabis market by 2030. BudBlockz will be at the forefront of this growing industry by professionalizing logistics and data management and increasing accessibility for the community.
The fascinating thing about BudBlockz is that they not only tap into a potentially huge market but are also a first mover. E-commerce currently makes up about 30% of the whole cannabis market. This percentage will only grow over the next decade. And BudBlockz is at the forefront of building the first decentralized e-commerce marketplace. If they can only secure 30% of the whole cannabis industry, that would already bring their market cap to over $50b. And if they can become the number one cannabis e-commerce marketplace, this percentage will likely be even higher.
The third and most important strength through the lens of an investor is that they are building a token and an NFT with real utility.
Unlike many
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