Market cap $125.4 M Full cap ∞ Volume 24H $74.0 M Circ. supply 285.9 M
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 decentralised database service for dApps (Decentralized Applications). It is for dApp developers who are dissatisfied with the costs, limited scalability, and complexity of existing database systems. Bluzelle plays a pivotal role in the blockchain infrastructure that will help grow the decentralized Internet. Bluzelle takes blockchain principles and sharding and partitioning concepts to create an AirBnB like marketplace for data storage and management. This is a crypto-economic network of powerful producers and consumers. Bluzelle was recently appointed by the World Economic Forum as a Technology Pioneer for 2017, and was named to the Global FinTech 100.
Decentralized data network Bluzelle has released details of a new oracle intended to enhance security for DeFi projects as well as to interact with fully decentralized databases.
Bluzelle is eager to make dApps decentralized by incentivizing developers to utilize distributed storage. To speed up the process they prepared $30K in rewards.
Singaporean government-backed blockchain accelerator Tribe has raised about $16 million for startups. In total it has already raised $28 million to support startups.
