Budblockz drops NFT collection to combat Bored Ape Yacht Club and Cryptopunk
Non-fungible tokens quickly became mainstream in the world of blockchain and cryptocurrency. And with good reason. You see, NFTs became popular because of their captivating and exciting artwork that is a solid representation of a ton of NFT projects. What do you think of when you hear the term NFT? Animated and pixelated images of dogs, monkeys, objects, etc., right? Exact!
One of the other main reasons that have greatly contributed to the rise of NFTs is their ability to seamlessly merge and assimilate with the Play-to-Earn mechanics of the game. It is precisely this that has given us a completely ground-breaking and revolutionary aspect of modern gaming, known as P2E NFT.
The Economics of the In-Game Phenomenon
In the NFT gaming world, participants (who are mostly gamers) have the opportunity to access quite fun gameplay similar to traditional PC or console gaming. However, one of the main differences between P2E NFT games and traditional games is that the former gives players the chance to make use of a variety of different gaming features thanks to blockchain and decentralized innovation.
This technology has enabled the development of a more streamlined and thriving in-game economy where players can play to earn rewards in the form of digital tokens and currencies by participating in and winning different types of tournaments or challenges.
Bored Ape Yacht Club
When talking about NFTs, it is important to mention the success and popularity of Bored Ape Yacht Club as a mainstream non-fungible token platform. BAYC is made up of thousands of NFT holders, traders and enthusiasts. It is also one of the most successful NFT projects as it was the only platform that could sell the entire NFT collection (10,000 NFTs) in a very short time. Moreover, it is also astonishing to see that the BAYC NFTs have also gained tremendous value over time.
This popularity and commercial success along with a diverse network of users has given BAYC an explosive opportunity to integrate into P2E NFT gaming as well.
Cryptopunk NFTs
Cryptopunk comes in short behind the BAYC NFT run. The NFT platform has offered users a diverse collection of exciting pixel images (10,000). Each image features a different character, object, or combination of personalities, and also contains special characters. All these images are randomly generated.
It is also important to say that Cryptopunk is also one of the earliest NFT projects launched on Ethereum and is known as a very popular and mainstream NFT platform. According to a report posted by Decrypt, Cryptopunk managed to secure a huge trading volume of over $110 billion in 2021.
BudBlockz
BudBlockz is a pretty strong contender to the NFT race, and expectations for the platform to become the next mainstream NFT project are sky high! One of the main reasons why everyone is so excited about the project is that it aims to innovatively integrate the cannabis industry and companies using the Web 3.0 ecosystem into the blockchain world.
But it’s not that. BudBlockz has a lot more to offer. For example, it is poised to become one of the first major NFT projects to combine the blockchain environment with cannabis-based Play-to-Earn capabilities. This is huge! Their gaming platform is known as BudBlockz Arcade, where players will have access to a wide collection of retro arcade games inspired by Sega, NES and SNES.
The bottom line
All in all, only time will tell which P2E NFT projects will experience growth and popularity in terms of their ability to offer seamless interoperability in gaming, digital asset building and NFTs.
Learn more about BudBlockz (BLUNT) at the links below:
Official website: budblockz.io/
Pre-sale 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
