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Several cryptocurrencies are added every week, joining the hundreds of thousands already on the crypto market. Some have what it takes to boost an investor’s wallet, while others offer little value.
The Genesis Exchange is currently facing bankruptcy, which is affecting its investors and exchange platform. On the other hand, BudBlockz (BLUNT) and Chainlink (LINK) still offer great opportunities for their investors.
This article explores the tremendous opportunities in BLUNT and LINK tokens as Genesis goes bankrupt.
BudBlockz (BLUNT) is expanding the range of cannabis products with blockchain.
BudBlockz (BLUNT) is on a higher pedal compared to most cryptocurrencies. It brings a unique touch to the system that wasn’t there before. BudBlockz takes all the capabilities of blockchain technology and intertwines them with cannabis. BudBlockz (BLUNT) is the union of two large companies to form a boom.
BudBlockz’s mission is to create an accessible and transparent exchange platform for cannabis products. Having an online cannabis store on the blockchain will increase sales and expand investment opportunities for crypto users. More people will know about crypto and invest in it. This means that BLUNT opens its doors to more investors.
BudBlockz (BLUNT) is not just an online platform. It intends to partner with cannabis farms and dispensaries to make products available 24/7. BudBlockz stores will be set up in areas where the use of cannabis has been legalized. Users will have access to the community and receive updates about the ecosystem.
BLUNT has a lot to offer its investors, including fractional ownership of cannabis shops, farms, dispensaries, etc. Investing in BudBlockz allows investors to get an excellent return on their investment as they will generate a large passive income.
Genesis platform files for bankruptcy security from its creditors
Genesis was previously considered one of the largest lending platforms in the blockchain ecosystem. However, years of success and growth of the platform will come to naught. This was the result of the Future Exchange (FTX) collapse.
FTX went bankrupt as various investors were threatened with their intention to sell the platform. Investors began withdrawing their investments, which led to the dissolution of the sale and bankruptcy of FTX. Genesis was badly affected by the fall of FTX.
To protect the platform, Genesis filed for bankruptcy protection under Chapter 11 in Manhattan federal court on January 20. The crypto lending platform intends to sell its assets to repay most of its creditors and return to the market in May 2023. The platform has more than 100,000 creditors, ranging from 1.2 to 11 billion dollars, as noted in the bankruptcy report.
Chainlink (LINK) improves blockchain interoperability.
Chainlink (LINK) is a cryptocurrency platform that bridges the gap between several other platforms on the blockchain. Interoperability is one of the key issues of blockchain technology that Chainlink seeks to solve. Individuals using Chainlink have access to other blockchains such as Ethereum (ETH), Solana (SOL), and others.
Chainlink (LINK) uses hybrid smart contracts to move information from one blockchain to another. LINK distributes NFTs, tokens, etc., to other platforms. Even though Chainlink is built on top of the Ethereum platform, it can also interact with off-chain transactions.
LINK is an open-source system that uses a proof of stake consensus mechanism. Users can view and make adjustments to the operating system.
Even though Genesis is having a hard time right now, the platform is still surviving and getting stronger. Meanwhile, BudBlockz (BLUNT) and Chainlink (LINK) continued to increase their investor portfolios. However, most investors prefer to invest in BudBlockz because it offers a unique opportunity and is the first of its kind.
Use promo code: EXTRA20 for an EXTRA 20% bonus on your purchase. Valid until January 31.
Purchase or learn more about BudBlockz (BLUNT) at the link below:
Official Website: https://budblockz.io/
Pre-Sales Registration: https://app.budblockz.io/sign-up
BudBlockz Community Link: https://linktr.ee/budblockz
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