Ganja Guruz aims to remove NFT Blue Chip collections like DeGods and CloneX
Despite the general market weakness, NFT collections are still quite popular among many blockchain enthusiasts and investors. Blue-chip collections like DeGods and CloneX continue to fight the decline, but newer projects like Ganja Guruz threaten their long-term viability. Here’s why Ganja Guruz can take down NFT blue-chip pools like DeGods and CloneX.
Are Blue-Chip Collections Losing Ground?
The DeGods collection is one of the best Solana projects, while the CloneX collection is Metaverse ready – but how suitable are they for beginners? Thanks to the booming NFT industry, blue-chip collections are known for their high floor prices and celebrity popularity.
Unfortunately, in 2022, the crypto market had to withstand a very tough climate. The recent FTX collapse was yet another reason for NFT and crypto holders to shudder in the icy crypto market. While blue-chip collections like DeGods and CloneX may return, the market is significantly weakened.
It is no wonder that investors and crypto-enthusiasts tirelessly look for projects with more than fame that keep prices up – crypto-projects with real use are now in demand. A project that could revive crypto portfolios is the BudBlockz and Ganja Guruz NFT collection.
What is BudBlockz and Why Are Ganja Guruz Blooming?
BudBlockz is a decentralized platform rooted in the cannabis industry. From entrepreneurs to cannabis companies and weed consumers, everyone who joins this platform plays a key role in improving global acceptance, market access and education in the marijuana industry.
Essentially, users of BudBlockz can purchase the original token, BLUNT, which can then be used in a number of ways. BLUNT holders can bet, vote, receive rewards and sign petitions.
Aside from peer-to-peer, encrypted weed transactions, token holders can also purchase one of the 10,000 Ganja Guruz NFTs. This collection is weed-risk, and holders of these NFTs can become part-owners of weed businesses worldwide and receive automated membership in weed dispensaries.
Perhaps one of the main growth opportunities for Ganja Guruz NFT holders is the fact that the platform is not only for users – but also for investors who want to take part in this booming industry. So far, analysts have rated this platform positively for its future growth potential, its rigid security measures and multiple ways to earn passive income.
In a sea of meme coins and pixelated NFTs, Ganja Guruz comes with real world applications and many benefits for its holders. It is positioning itself as the backbone of the global weed industry, which is expected to reach around $200 billion by the end of the decade, up from an estimated market value of just $27 billion in 2022.
The bottom line
The crypto industry has weakened, but an increase is expected in the near future. Does Ganja Guruz have what it takes to take down NFT blue-chip collections like DeGods and CloneX? Time will tell, but with plenty of monetization opportunities, global support, and wider legalization of marijuana, the Ganja Guruz NFT collection could be one of the few projects that will keep the market alive despite the 2022 downturn.
