Investors sceptical after $100 million BNB Binance hack. Will BudBlockz restore faith within the crypto market?

Many investors have turned sceptical after the recent BNB Binance hack, which resulted in an exploit worth 2 million BNB Tokens. Binance is one the largest cryptocurrency exchanges in the world, and its $BNB Token is used within the ecosystem as well as for payments while utilizing its Binance Smart Chain network. However, a new cryptocurrency known as $BLUNT, which is part of the BudBlockz platform could serve as a saving grace to restore investors’ faith in cryptocurrencies. $BLUNT will be used to provide transactions for the cannabis marketplace and can be currently purchased via a presale. Here’s a brief overview of this upcoming ecosystem.

Here’s how BudBlockz will empower the cannabis sector

The cannabis industry currently suffers from unorganized trades, and there is no central one-stop solution for the industry’s needs. BudBlockz will provide a blockchain-powered ecosystem that will make use of a native cryptocurrency known as $BLUNT. The $BLUNT Token will be used to pay for services inside the ecosystem and customers will be able to purchase and sell via a peer-to-peer marketplace.

The BudBlockz ecosystem will have diverse use cases as it will also release 10,000 Ganja Guruz NFTs that will be used to offer special discounts and access to fractionalized ownership of dispensaries and farms.

The total supply of $BLUNT Tokens is fixed at 420,000,000 coins. To prevent rug pulls, the ecosystem has been audited by Solidity Finance and SolidProof. The team’s tokens will have a vesting period to ensure more accountability. All unsold tokens will be burnt.

The current presale price starts at $0.025, and even retail investors can participate easily since the minimum threshold requirement is just $50. Many trading analysts have predicted a quick rise in price for the $BLUNT Token. Over 27% of the tokens have already been sold, displaying the immense faith of investors in this upcoming ecosystem.

BudBlockz presents an interesting use case since there are very few blockchain-powered solutions that can help to connect cannabis users and sellers. It seeks to provide transparency and accountability to this sector which currently remains highly disorganized. $BLUNT could potentially turn out to be a mainstream token once it gets listed on exchanges after the presale period is completed.

Investors turn wary as Binance Chain hackers for $570 Million

The recent Binance hack has resulted in many investors shying away from the crypto markets. The hack was possible due to a cross-chain bridge, which resulted in new tokens being minted, and unless such vulnerabilities can be addressed, investors might lose interest. The price of $BNB token might also register some decline due to this hacking event. The $BNB Token is used to power the native exchange known as Binance which has listed many cryptocurrencies and serves users in many countries.

BudBlockz is an upcoming platform that has a new and interesting utility and will also allow users to access DeFi and staking. It could help in attracting users who have been wary of crypto markets due to hacking events. Find out more about this ecosystem through the links given below.

Learn more about BudBlockz (BLUNT) at the links below:

Official Website: budblockz.io/

Presale Registration:: https://app.budblockz.io/sign-up

Telegram Group: https://t.me/BudBlockz

Discord Server: https://discord.gg/s7hBFgvTmN

All BudBlockz Links: https://linktr.ee/budblockz

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