First of all, no, this isn’t the VHS video rental store token. That would be terrible, something definitely of the past. What BlockBusters is, or at least represents, is something of the future.
BlockBusters is a DeFi software development company that aims to help transition traditional web 2.0 companies into web 3.0 cryptographic-capable companies.
By the start of this year, more than 18,000 monthly active developers committed code in open source crypto and Web3 projects. Meanwhile, over 34,000 new developers committed code in 2021, a record high.
The web 3.0 blockchain market worldwide is expected to grow at a formidable rate. The rapid popularity of digital assets and cryptocurrencies and the rollout of 5G and 6G technologies are helping to create a growing demand for web 3.0 blockchain technology. Furthermore, the ever-increasing adoption of connected devices and shifting dependency of transactions and permissions away from centralized authorities are helping grow the global web 3.0 blockchain market.
Liquidity as a Utility
What BlockBusters and their team led by CEO Don Bailey are creating, is an ecosystem that automates and innovates web 3 adoption via B2B as well as B2C Transactions. The vast ecosystem is based on Liquidity Injection Operations and provides liquidity to the blockbusters token.
The Reflection Cryptocurrency is created on the back of an upgradable smart contract and is part of an infrastructure designed to reward token holders.
Although still in the early stages, an experienced team has been assembled and the project is backed by a solid white paper found here.
In a broad and encompassing ecosystem, there are a number of new innovations spread across the decentralized sphere which include NFT utilities, DeFi (Decentralized Finance) utilities and metaverse utilities.
With an innovative ecosystem designed to reward its token holders, this is an exciting project that creates profitable pathways for modern businesses to tokenize as the web 3.0 world explodes further.
You can see more on the BlockBusters ecosystem and token here.
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