Bluzelle

Bluzelle

BLZ
$0.244738616%-9.67

Key Metrics

Price$0.244738616
Real Volume (24H)$7,740,613.37
Marketcap$105,095,768.84
Fully Diluted ValuationN/A
ATH$0.783089
ATH Date2/10/2018, 3:00:00 AM
ATL$0.00654948
ATL Date3/13/2020, 5:29:24 AM
Circulating Supply355M
Total Supply500M
WebsiteN/A
WhitepaperN/A
Popularity Rank420
Chart
What is Bluzelle?

Bluzelle (BLZ) is a decentralized platform and network that is designed for the gaming industry and powered by the BLZ token. The platform offers a solution to scalability issues faced by current blockchain-based games, as well as high transaction fees and the risk of centralized server downtime, which can result in lost assets.

Bluzelle utilizes a fast and efficient Cosmos-based blockchain, with decentralized storage that allows players to store their NFT assets on hundreds of nodes. Additionally, it brings together the high-performing DeFi solutions of the Cosmos ecosystem to offer lending, staking, and yield opportunities.

The first play-to-earn game on the Bluzelle platform is Denomination, a real-time card game that allows players to compete and win rewards. The BLZ token is the native token of the platform and can be used for in-game purchases, network transactions, database services, staking, and governance.

Bluzelle was founded in 2014 by Pavel Bains and Neeraj Murarka, and is headquartered in Singapore. The platform raised $19.5 million in ETH during its token sale, which offered 33% of the tokens for sale. Bluzelle operates on a delegated proof-of-stake consensus mechanism, which allows all token holders to contribute to network security and earn rewards and fees.

Bluzelle (BLZ) is a unique blockchain platform that is dedicated to providing a better experience for players in the world of gaming and decentralized finance. The platform is designed to offer fast, efficient and secure decentralized storage for NFT assets, in addition to providing the benefits of DeFi through lending, staking and yield opportunities for game assets.

With its founders having extensive experience in the gaming industry, Bluzelle is poised to launch its first play-to-earn game, Denomination. This real-time card game allows players to compete against each other and the environment, and win rewards in the process. The platform uses a Cosmos-based blockchain, which is a decentralized network of interoperable blockchains that can communicate with each other and exchange information and tokens.

The native token of Bluzelle, BLZ, is a crucial component of the platform's GameFi, and is used to purchase NFTs, store in-game items and participate in network governance. Validators can earn rewards by staking BLZ tokens, while users can pay for Bluzelle network transactions and database services using the same tokens.

Bluzelle was founded in July 2014 by Pavel Bains and Neeraj Murarka. Bains has extensive experience in operational management, digital technology and financial management, while Murarka is a computer systems architect and engineer with experience working for global tech giants. Bluzelle's parent company, Bluzelle Platform Pte Ltd, is located in Singapore.

Bluzelle's token sale aimed to raise $19,500,000 in ETH, by offering 33% of the tokens for sale. The platform uses a delegated proof-of-stake consensus mechanism, which allows all token holders to contribute to the network's security and earn rewards in the process. Delegates, or witnesses, oversee the consensus and production of new blocks in a DPoS-based blockchain.

In conclusion, Bluzelle is a unique and innovative platform that offers a better gaming experience and opportunities for DeFi through its fast and efficient blockchain, decentralized storage and play-to-earn games. With its experienced founders, strong technical capabilities and use of cutting-edge technology, Bluzelle is poised to be a major player in the world of gaming and DeFi.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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