Budbo is a suite of cannabis solutions powered by blockchain, it provides a secure delivery marketplace for cannabis retailers, with token integration, a cryptocurrency wallet, and a gamified token reward system. And today it was announced ahead of the upcoming launch of Budbo’s 2.0 mobile application, the Budbo Token (BUBO) has now been listed on the WhiteBIT Exchange, offering trading pairs in Bitcoin (BTC), Ethereum (ETH), and Tether (USDT).
Budbo’s 2.0 release also maintains one of the original app’s most popular features, “puff or pass,” a Tinder-like function that allows users to swipe left or right on 1000s of locally-available products. The app’s popular matching function has also been enhanced, going beyond simple attributes, its new AI module uses terpene profiles and other metrics on the forefront of cannabis research. Budbo is further backed by a system that will reward users with BUBO tokens for their contributions to the platform, continuously expanding the information available to Budbo’s users.
The app’s integrated wallet supports a wide range of tokens and cryptocurrencies. In partnership with The Matic Network, Budbo utilizes Matic’s adapted plasma scaling solution to ensure unparalleled security and near-instant transactions.
Budbo President Luke Patterson spoke about the challenges the Budbo team faced in bringing their product to fruition. “The community support we’ve received has been absolutely overwhelming. Our team has fought hard to get us to where we are – everyone here at Budbo has coalesced around the development. Our solutions are stronger and smarter than ever before, and the launch of version 2.0 will be the culmination of that incredible amount of hard work and determination.”
Although the industry has been affected by supply chain disruptions due to the COVID-19 pandemic, the demand for cannabis and related products has reached an all-time high due to worldwide lockdown measures. With legalization becoming a reality in an increasing number of states and countries, the Budbo team is dedicated to providing the global cannabis community with its suite of blockchain-powered solutions.