To raise funds for further development of the BudBlockz project, there will be a private sale to help the platform partner with strategic investors. Typically, a private sale is reserved for corporations and ultra-high net worth individuals, but BudBlockz has made the more inclusive decision to open their sale to members of the public.
Private sales come before presales, are usually unannounced, and are limited to early investors. Being selected comes with numerous benefits for the wealthy individuals or organizations chosen by the blockchain companies. For example, investors are offered highly discounted prices for the cryptocurrency compared to conventional and public sales.
Purchasing early on has the considerable advantage that when the tokens are released to the general public, those who invested during the private sale can immediately turn a quick and substantial profit.
Being incredibly appealing to prominent investors is also advantageous for the company or platform conducting the private sale. They are an efficient and well-used strategy to raise funding to develop projects while connecting with backers and partners.
Although private sales have enormous benefits for strategic investors and those conducting the sale, there are some criticisms. One of the main negatives for most people is they exclude average investors. It seems unfair that only companies and high-net-worth individuals can access these sales and profit.
Another concern is that private sales can also result in large amounts of the cryptocurrency ending up in the hands of just a few investors.
BudBlockz is establishing a community and ecosystem that wants to include all those interested in being part of the cannabis industry. This is what led to the decision to open their private sale to more members of the public. In addition, by giving average investors the advantage of access to discounted tokens, there is less exclusivity or risk of manipulation by bad actors.
Anyone who purchases a $BLUNT token from the private sale will become part of the ecosystem. They won’t just benefit from the initial discounted prices – they will also have further investment opportunities such as percentage ownership of dispensaries or farms.
In addition, those who possess a $BLUNT token and are members of the BudBlockz Decentralized Autonomous Organization (DAO) can make proposals and vote on the platform’s development. They will also have access to the world’s first asset-backed NFT market for cannabis-related products.
BudBlockz is a new and developing ecosystem that provides global access to the rapidly expanding cannabis market. Holding a private sale open to members of the public creates an incredible opportunity for those average investors to get involved in the sector.
For more information or to purchase BudBlockz (BLUNT) tokens visit https://budblockz.io
Join the BudBlockz Discord, Telegram, Twitter or Instagram: https://linktr.ee/budblockz
To purchase your $BLUNT tokens visit the official BudBlockz website https://budblockz.io
Step 1: Click the “sign up” button at the top of the page
Step 2: Create a Budblockz account. Ensure you use a valid email address.
Step 3: From your client dashboard, click the “buy $BLUNT” button
Step 4: set the amount you want to purchase and the currency you want to order in
Step 5: Make the payment to the provided wallet address
Step 6: Receive your tokens!
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