Join Our Telegram channel to stay up to date on breaking news coverage
The crypto space has blown up in terms of popularity as well as mainstream appeal.
Today, more people than ever are looking for ways to put their capital to good use and invest in projects worth their attention and time.
However, with over 21,000 cryptocurrencies to pick from, many find themselves overwhelmed by the number of projects and tokens available.
Today we will be looking at two projects specifically that have huge potential for promising returns on investments, as they have outlined solid projects that can reshape the way we perceive each use-case.
Let’s go over everything you need to know surrounding Budblockz (BLUNT) and Algorand (ALGO).
Top Projects to Invest in With Promising Futures
1. Budblockz (BLUNT)
BudBlockz is a completely new and innovative blockchain-based project that is being built as an entire ecosystem that can provide a decentralized and open way through which just about anyone can access the cannabis market and gain the ability to buy, sell or invest in products and dispensaries on a global scale. It is an e-commerce platform that enables fractionalized asset ownership, all of which is powered by the BLUNT cryptocurrency.
BudBlockz implements a solution for an issue that many marijuana corporations and entrepreneurs are currently facing regarding logistics, fundraising, and data management. By leveraging BLUNT, anyone can use this medium of exchange to gain access to an investment vehicle within the world of cannabis corporations, such as Dispensaries, Farms, and CBD manufacturers. An NFT marketplace also promotes a high level of transparency, permissionless participation, robust security, and mainstream appeal.
2. Algorand (ALGO)
Algorand is a project that was originally introduced in 2017. However, its mainnet and native cryptocurrency, known as ALGO, were launched in 2019. Algorand is a project that aims to tackle scalability and consensus mechanism issues by leveraging the Proof-of-Stake (PoS) consensus protocol that can randomly select validators, all of which get weighted based on the number of ALGO coins that they have staked.
At the point in time when blacks get added to the blockchain, a process done through verification by a randomly-selected committee, all transactions are considered confirmed; however, if the block is deemed bad, a new user gets selected as a validator before restarting the process.
ALGO can be used for the payment of transaction fees. They can be staked, and the coins can be held in non-custodial wallets where they can provide their holders with rewards with every block that gets added to the chain successfully. What this essentially means is that Algorand is a network on top of which numerous use cases can be developed.
How These Cryptocurrencies Represent Promising Investment Opportunities
BudBlockz (BLUNT) taps into a previously difficult-to-access market regarding the marijuana space and enables anyone, no matter how much capital they have access to investments through fractionalized ownership, alongside access to NFTs or other products through its e-commerce platforms. Both companies, as well as users, benefit from this.
Algorand, on the other hand, establishes an entire blockchain platform and features a digital currency with numerous use cases; it stands out due to its ability to process many transactions quickly and aims to disrupt and compete with major payment processors, including Mastercard and Visa.
This means that BudBlockz represents a solid opportunity as it disrupts the cannabis space, while Algorand is a solid opportunity as it disrupts centralized payment services.
Learn more about BudBlockz (BLUNT) at the links below:
Official Website: https://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
Join Our Telegram channel to stay up to date on breaking news coverage
Source: https://insidebitcoins.com/news/budblockz-blunt-and-algorand-algo-are-promising-investments-for-the-future