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Dogecoin (DOGE), as is known, began as a hoax, but today it is one of the most popular cryptocurrencies on the market. His success is the result of several factors, but the main reason is the community that has formed around him. This is a concept that other cryptocurrencies, such as the new token BudBlockz (BLUNT), are now adopting and building on.
The difference is that, unlike Dogecoin, whose following arose in response to satire, BudBlockz already has a community with a unifying passion – it is a cryptocurrency specifically for those who are interested in the cannabis market.
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Different communities and approaches
Dogecoin was launched in 2013 by a couple of software engineers as a joke in response to the speculation about cryptocurrencies. It was the first “meme” coin and described itself as a fun and friendly Internet currency. Within two weeks, thanks to a website, a forum and an active Reddit community, their popularity skyrocketed, reaching a market value of $ 8 million.
It received an external boost thanks to the publicity of celebrities and businessmen such as Elon Musk, who was strongly committed to the coin. His activities and the support of Snoop Dogg and Gene Simmons contributed to the growth of the community, making Dogecoin one of the ten largest currencies.
Dogecoin has the advantage of time and media exposure, but these are not necessarily long-term benefits. Newer blockchains, tokens and approaches are exploring topics like security, community and energy efficiency in a way that was not possible before. Here, coins like BudBlockz have an advantage.
BudBlockz builds on what others have achieved and is focused on the fast-growing cannabis market. Celebrities can draw attention to another coin, while cannabis has been used for thousands of years. In addition, the increasing decriminalization and legalization have generated a broad and passionate community worldwide.
There are other cannabis coins, but BudBlockz is distinguished by its desire to build a community for everyone who wants to get involved – from breeders and dispensaries to users and investors.
BudBlockz was created for a specific community
Dogecoin is an open-source peer-to-peer cryptocurrency with its own blockchain. It may have started as a joke, but it works well. The transaction process based on the Scrypt algorithm is more convenient than Bitcoin and takes only a minute to confirm. The ecosystem works according to the Dogecoin Foundation’s trailmap, in which the employees and developers list projects and directions based on the feedback from the community.
In contrast, BudBlockz is an ecosystem and NFT marketplace designed to bring cannabis lovers together. Since BudBlockz is built on the Ethereum blockchain, DEX and other Defi products can be used.
The BLUNT token serves several purposes. Firstly, it is a virtual medium of exchange that allows owners to buy and sell goods and services. This ensures liquidity on the NFT marketplace and the possibility of share ownership in pharmacies and farms. Consequently, the community aspect is strengthened, since everyone has an interest in improving the cannabis sector.
When it comes to governance, token holders and members of the BudBlockz DAO can make suggestions, have a say in decision-making and have the right to discuss and vote on the development of the ecosystem. This is a decentralized and inclusive approach to administration and promotes a sense of community.
Dogecoin started as a hoax, but by building a community, it has gained longevity and popularity. This shows how much a strong community can make for a cryptocurrency. But the approach was essentially discovered and then adopted.
In contrast, newer platforms like BudBlockz start with a special community in mind. This means that you can use the available technology and respond to the needs of users while building a platform that appeals to them. The common goal, which in this case is the success and growth of the cannabis industry, could prove to be an even more effective approach.
Learn more about BudBlockz (BLUNT)
BLUNT-Token Purchase Instructions
To buy your $BLUNT tokens, visit the official BudBlockz website https://budblockz.io
- Step 1: Click the “Sign Up” button at the top of the page.
- Step 2: Create a Budblockz account. Make sure you are using a valid email address.
- Step 3: Click the “Buy $BLUNT” button in your customer dashboard.
- Step 4: Set the amount you want to buy and the currency in which you want to order.
- Step 5: Make the payment to the specified wallet address
- Step 6: Now you get your tokens!
Last updated on August 30, 2022
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