Qoomed Market connects artists and NFT enthusiasts in the CBD industry

“Just one month in 2021 saw more than 1.5 million NFT art sales.”

Despite the current bear market that has hit both stocks and cryptocurrencies hard, NFT is still a hot topic. In 2021, the non-fungible token market was valued at $15.54 billion and is expected to grow at a compound annual growth rate (CAGR) of 33.9% from 2022 to 2030. Most cryptocurrency proponents as well as analysts and venture capital firms expect it to start gaining momentum again once the next uptrend begins and even reaches new heights.

Another explosive sector that is still emerging and showing great growth potential is CBD. The market was valued at US$4.9 billion in 2021 and is expected to reach a value of US$47.22 billion by 2028 at a CAGR of 21.3% by 2028. Cannabidiol products are receiving increasing attention due to the favorable regulatory framework surrounding them in the United States and Europe, their potential for human and animal health, as well as their approval to treat various diseases such as epilepsy by the Food and Drug Administration (the federal drug administration, see specifically the drug EPIDIOLEX). With continuous research and new ways to grow CBD products, the market will continue its rapid expansion for the foreseeable future.

Is there synergy between the NFT, blockchain and CBD sectors, all of which seem to be experiencing impressive growth that shows no signs of slowing down? What benefits can be gained from the potential interaction between these concepts? A project has already done its job to find out and has achieved a lot in recent years. Enter Qoomed.

Qoomed ecosystem

Qoomed is the first ecosystem to integrate blockchain concepts in the CBD sector, opening up a host of additional opportunities for all stakeholders involved.

The ecosystem consists of three main pillars – the CBD product marketplace, which directly connects buyers, sellers and businesses from the industry, the 420.work NFT platform that gives CBD artists a huge opportunity for NFT hunters and allows them to easily monetize their talent, as well as the QOOMED token which is used for payments.

On the Qoomed marketplace, you can choose from a wide variety of high-quality CBD-based products from reputable companies. If you are a seller, you can access a variety of tools to help you realize the full potential of your inventory and increase your revenue through various marketing and sales management tools.

Qoomed Market is more than just a store for CBD products. The marketplace provides solutions for a wide variety of stakeholders – from growers, producers and retailers to pharmaceutical companies and laboratories. Some of these solutions allow businesses to send and receive orders using e-commerce tools, track order status with easy-to-use dashboards, streamline communications with messaging features, have advanced analytics dashboards, CRM systems, and many more features.

Qoomed created the first ecosystem that enables CBD dropshippers to thrive by providing them with the necessary tools that can allow them to start their business quickly and make it profitable as soon as possible. The project is pioneering bridging the gap between CBD and dropshipping, setting a trend in its early stages of development.

Qoomed Market sees itself as the largest network of compliant cannabis businesses that are just beginning to develop their full potential.

The 420.Work NFT Marketplace through the Qoomed project is the first NFT platform specializing in CBD and cannabis art. As such, the project team carefully curates NFTs submitted to the platform and ensures they adhere to this standard to maintain high quality standards of content.

The 420.Work NFT platform truly offers a variety of unique artworks that cannot be found anywhere else. As in the leading NFT marketplaces, artists can set a royalty percentage and set additional benefits such as unlockable content visible only to the NFT owner. The QOOMED BSC token is the main driving force behind the market and is used to pay currency fees, as well as to buy NFTs.

The 420.Work NFT Marketplace makes NFT creation seamless for anyone, regardless of their previous experience (or lack thereof) with non-fungible tokens. We tried to create our own and the process seemed easier and faster than traditional platforms like Opensea or Mintable.

Furthermore, since NFTs are minted on the Binance Smart Chain blockchain, the fees are relatively lower than any network based on the Ethereum blockchain, making it more cost-effective overall for artists and sellers.

A blockchain-based marketplace for CBD consumers and businesses, as well as the first NFT platform for the CBD industry, is already live. If you are interested in knowing what products Qoomed Market has to offer or how they can help you reach the full potential of your CBD business, check this out. here.

The 420.work NFT platform is also available, with many artworks by talented NFT artists already up for sale. Make sure to check it out here.

Disclaimer: This is a paid post and should not be taken as news/advice.

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