ERC20 Token
Bluzelle (BLZ)
Bluzelle combines the sharing economy with the token economy – renting individuals’ computer storage space to earn tokens while dApp developers use tokens to have their dApp’s data stored and managed.
Bluzelle is a decentralized database that makes it more efficient for blockchain products to manage their data while shifting control to the masses.
Just like decentralized services like Filecoin and Storj are needed for file storage & management; there is a need for data storage & management. Bluzelle is a decentralized, on-demand, scalable database service for dApps. Bluzelle fills a need and is complementary to the other components to make the decentralized Internet complete. Without these decentralized components, the decentralized Internet would not be able to run efficiently and scale to massive use.
“Bluzelle is a decentralized database service for dApp developers. To ensure developers get the highest throughout in performance, reliability and scalability, Bluzelle implements swarming technologies. A swarm is a large group of nodes (computers) that work together to store and manage data. Nodes in these swarms can go down and new nodes can come up with minimal impact on the network. Overall Bluzelle is a meta-swarm comprised of multiple swarms.”
Buy & SellPositives
- Decentrilized Applications Will Require Databases Of Some Form. Bluezelle Is An Excellent Pick For Developers At This Time.
- Very Experienced Team And Advisory Board. Includes Plenty Of Senior Developers.
- Already Trusted By Huge Companies Such As Microsoft And HSBC.
- Featured On CNBC And PCMag. Eyes Are On Bluzelle From Several Different Industries.
- Very Low Circulating Supply Considering Application. Incredible ROI Potential.
Exchanges
Concerns
- Bluzelle suffered from some strong hype after its ICO gained massive popularity on social media. Investment entry points should be chosen carefully although with a product this strong it may not be an issue.
- First serious mover in this space. Only other competitor would be BigChainDB which honestly doesn’t pose a threat. Other projects WILL want a piece of this market. Expect competition down the line.
- No other concerns here. Bluzelle is an incredible project with some very strong partners/customers
Official Links
Token Details
Token Type
ERC20
Powered by the Ethereum Network. Can be stored on any ERC20 compatible wallet e.g MyEtherWallet
Token Statistics
Supply
• Ticker: BLZ
• Total Supply: 500,000,000
• Circulating Supply: 165,000,000
• Token Use: Services & Fees
Founders
The Team
• Pavel Bains (CEO)
• Neeraj Murarka (CTO)
• Nitin Cunha (Senior Developer)
• More
Industry
& Competitors
• Decentralized Databases
• Decentralized Applications
• Competitors – No Serious Competition