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The cannabis market has expanded significantly in recent years, and both investors and consumers continue to be interested in it. Blockchain technology has become a game-changer in this constantly changing environment, offering solutions to many of the problems the industry faces. By utilizing the power of blockchain, Shiba Budz (BUDZ), a token developed on the Ethereum network, seeks to revolutionize the cannabis industry. The article will examine Shiba Budz’ (BUDZ) distinctive qualities and prospects, contrast it with KuCoin Token (KCS) and eCash (XEC), and explain why it is still a favorite among investors.
Shiba Budz (BUDZ): The Token for the Cannabis Industry
Shiba Budz (BUDZ) is recognised for its dedication to burning a sizable amount of the token supply. Burning will take place using 1 billion BUDZ tokens prior to listing on centralized exchanges (CEX). Any tokens that remain unsold after the presale will likewise be burnt. This technique of burning aids in maintaining scarcity and may raise the value of the tokens that are still in circulation.
Shiba Budz (BUDZ) has many different use cases that are tailored to the unique requirements of the cannabis sector. The development of creative incentives and loyalty programmes is one of BUDZ’s primary uses. Cannabis businesses can incentivize customers by offering tokens that can be redeemed for products or discounts. By accepting Shiba Budz (BUDZ) as a payment method, businesses can attract customers who prefer using digital currencies, expanding their payment
Shiba Budz (BUDZ) has also fine-tuned the TreeHouse gaming platform to establish a Play-to-Earn strategy, in which players may earn real-world value via blockchain tokens by engaging in a game, reforming the game monetization strategy.
Comparing Shiba Budz (BUDZ), KuCoin Token (KCS), and eCash (XEC)
Shiba Budz (BUDZ) vs. KuCoin Token (KCS)
Shiba Budz (BUDZ) and KuCoin Token (KCS) are both utility tokens with specific use cases within their respective ec
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Author: Crypto Daily