BudBlockz (BLUNT) has generated a good deal of healthy buzz in advance of its late-September presale, and investors have made its preliminary private sale a resounding success. More than 35% of BLUNT tokens allocated for the private sale have been sold just five days into the private sale, signaling the market’s readiness to embrace the most anticipated cannabis-related cryptocurrency in years.
To be fair, Budblockz has made its private sale a less exclusive affair than most cryptocurrencies ever consider. The sale is open to anyone with an ERC20-compatible wallet, a marked departure from the insider deals that help select investors load up before most tokens announce their presales.
Its not-so-private sale is the latest way in which BudBlockz has set itself apart in advance of its official launch. Until now, most cannabis-related cryptocurrencies offered value propositions that reflected the industry’s growing pains. Lack of support from banking institutions led earlier cannabis-crypto efforts to present themselves as complete solutions to a set of rapidly changing problems. They promised to support cannabis retailers, invested in fleets of ATMs, and relied on a combination of luck and goodwill to bring their visions to life. Those efforts, however good they may have looked on paper, have yielded few lasting results.
BudBlockz, by contrast, has taken advantage of the recreational cannabis industry’s growing maturity by identifying specific ways in which it can support a still-surging market, without presuming to reinvent the wheel. For example, rather than relying on ATMs to give BLUNT a point-of-sale presence, BudBlockz is developing its own point-of-sale network to complement other payment processing options without imposing extra overhead on customers or retailers. Its marginal-ownership program is also unique, offering investors a chance to support growers, processors, distributors, and retailers on terms they negotiate directly with each other.
During the private sale, BLUNT is fixed at $0.015, a discount of more than 30% off the initial presale price of $0.021. The private sale is scheduled to last until the tokens allocated for the event have all been sold, or until late September. At its current rate, however, the private sale will have exhausted its supply of tokens by September 15. Regardless of when the private sale concludes, BLUNT’s presale will begin on September 22, with the largest of three tapered releases of tokens. BLUNT’s official launch has not yet been scheduled but should occur sometime in Q4 2022.
With the launch of the BLUNT token, analysts believe BudBlockz could be larger than popular meme coins Dogelon Mars and Baby Doge Coin.
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Learn more about BudBlockz (BLUNT)
Official Website: https://budblockz.io
Telegram Group: https://t.me/BudBlockz
Discord Server: https://discord.gg/s7hBFgvTmN
All BudBlockz Links: https://linktr.ee/budblockz
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Source: https://www.thecoinrepublic.com/2022/09/04/budblockz-blunt-posts-encouraging-results-in-not-so-private-sale-bigger-than-baby-doge-coin/