With the cryptocurrency market and ecosystem consistently growing, several innovations and modifications have been introduced into the industry. A myriad of other subdivisions has sprung up in the ecosystem, which includes GameFi and Non-Fungible tokens (NFTs). They are digital assets that are unique and distinguishable.
Also, in the cryptocurrency ecosystem, we have decentralized finance (DeFi) and blockchain technology. This subdivision eliminated the function of a central authority or middleman during transaction execution.
Decentraland (MANA) and Enjin Coin (ENJ) have utilized these innovations to create and expand an ecosystem that provides inclusivity for gamers, artists, web developers, etc. The fast-growing BudBlockz (BLUNT) has introduced cryptocurrency as an innovation that could prove useful in the ecosystem.
In this article, we will highlight how these cryptos achieve milestones beyond the limits of our imaginations.
Decentraland (MANA) is a 3D universe
Decentraland is a digital and virtual haven for digital assets such as avatars, NFTs, virtual lands, and estates. It is a user-friendly leading platform built on the Ethereum blockchain and permits interaction between individuals all over the globe via games, trading, and other activities.
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This 3D universe, Decentraland, has a governing token; MANA is an ERC-20 token used in transactions and gaming utility on the platform. Also, this token permits users and gamers of this platform to purchase LAND. It provides its community members the tools to make and trade their content while having the best experience.
Enjin Coin (ENJ) is a Safe Haven for NFTs
Enjin Coin is a cryptocurrency built on the Ethereum protocol that directly supports the value of digital assets created with the Enjin platform. The platform is a leading ecosystem for NFTs that utilizes smart contracts to give gaming communities the necessary crypto-backed value and tools for implementation and management.
The native cryptocurrency of the gaming NFT platform Enjin is the ENJ token. Players can earn this token via gaming achievements on the platform and can use it to purchase virtual goods on gaming platforms. This Singapore-based company is recognized for its digital marketplace, Enjin Marketplace, the popular video game Minecraft, and other products.
BudBlockz (BLUNT) Skyrockets the Cryptocurrency Industry by Merging it with the Cannabis Industry
BudBlockz is an innovative blockchain-based crypto project new to the ecosystem. Like many other innovative projects, it aims to provide solutions to challenges in the real world by connecting cannabis enthusiasts with the cannabis market in a safe, private, legal, and decentralized manner.
BudBlockz is a platform that allows fractionalized ownership and is powered by its native and governing cryptocurrency, known as the $BLUNT token.
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Furthermore, this project offers solutions to issues that plague cannabis companies, entrepreneurs, and the industry at large and may relate to logistics, fundraising, security, and data management. The $BLUNT token is vital in facilitating solutions to all of these issues.
The BudBlockz network connects users and enthusiasts with fractionalized ownership in cannabis dispensaries, farms, and CBD manufacturers. It recently released its first-ever NFT collection, known as the Ganja Guruz, which possesses features based on games from the 1900s. This NFT collection provides an even greater level of utility for the network.