Reason to trust
How Our News is Made
Strict editorial policy that focuses on accuracy, relevance, and impartiality
Ad discliamer
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.
This past weekend has seen lead whales from various crypto projects join the craze for newcomers HedgeUp (HDUP) and Budblockz (BLUNT). The two projects are building what many investors consider to be innovative decentralized finance (DeFi) solutions on the Ethereum blockchain. Read on to find out why.
Accessing alternative assets with HedgeUp (HDUP)
HedgeUp (HDUP) is an alternative assets investment project on Ethereum. The project has been developing a trading platform where people can invest in assets like gold, diamonds, jewelry, artwork, and more.
HedgeUp (HDUP) says that users of its platform will gain exposure to the alternative assets market without having to leave the blockchain ecosystem. This is made possible by tokenization. According to the HedgeUp (HDUP) team, their solution will tokenize alternative assets into NFTs that users can then trade in place of the physical assets.
Since these NFTs are backed by physical products, trading them is the equivalent of trading the underlying asset. The NFTs will also allow for fractional investments. This means investors don’t have to buy an entire asset to invest in it. They can pay from as little as $1 to own a fraction of an asset.
HedgeUp (HDUP) has been running a presale to raise funds for the development of this platform. This presale is attracting a lot of whales and has sold 181.3 million tokens so far.
Its success is down to the strong project HedgeUp (HDUP) is building. The strength of this project has given the token massive potential for growth. According to expert predictions, HDUP’s performance in the market could see it 30x or even 100x before the end of the year. It’s no wonder why whales have been making the most of the presale.
This presale is currently in stage 4, with the selling price set at $0.036. Interested investors are encouraged to move fast as this price will be increased to $0.044 in the next stage.
Venturing into the cannabis market with Budblockz (BLUNT)
Like HedgeUp (HDUP), Budblockz is also running a presale of its native token, BLUNT. But while HedgeUp focuses on the alternative investments market, Budblockz (BLUNT) leverages blockchain technology to venture into the cannabis market.
This market is expected to grow to be worth hundreds of billions of dollars within the decade and Budblockz (BLUNT) hopes to be at the center of it.
The Ethereum project says its goal is to create a decentralized ecosystem that connects different players in the cannabis sector. Within this ecosystem, individuals and cannabis farms, dispensaries, CBD manufacturers, and more will use blockchain technology to complete peer-to-peer trades. There will also be a marketplace for cannabis-themed NFTs.
Budblockz (BLUNT) is a multi-use token for making payments on the chain. It also serves as the utility token of the ecosystem and will be used as a governance token, with holders gaining the ability to vote on key issues involving the project.
The Budblockz (BLUNT) presale has sold 9.7 million tokens since its launch. It is currently in stage 3 with a selling price of $0.0405192.
For more information about HedgeUp (HDUP) presale use the links down below:
- Website: https://hedgeup.io/
- Presale: https://app.hedgeup.io/sign-up
- Telegram: https://t.me/HedgeUpChat
- Twitter: https://twitter.com/HedgeUpOfficial
