Bluzelle Price (BLZ)

Bluzelle (BLZ) is a decentralized storage network that aims to safeguard the intellectual property of creators across various fields, including artists, musicians, scientists, publishers, and developers. It strives to provide a highly available and secure database, resistant to censorship. The Bluzelle ecosystem, powered by its Tendermint Blockchain, includes a decentralized database (Bluzelle DB), a decentralized pricing oracle (Bluzelle Oracles), and a staking platform (Bluzelle Staking). The BLZ token is integral to the Bluzelle ecosystem, enabling users to pay for network transactions, access BluzelleDB and Oracle services, and stake their tokens to receive compensation.

Bluzelle operates on a 10,000 TPS Proof-of-Stake network known as BluzelleNet. This network strives to provide a highly available and secure database by encouraging a large number of nodes to collaborate. The process of becoming a validator on BluzelleNet is designed to be straightforward, requiring minimal technical knowledge. Those who do not wish to become validators can delegate their tasks to another validator, ensuring everyone can participate in the network and receive compensation. The BLZ token is used to pay for network transactions, access BluzelleDB and Oracle services, and stake tokens to receive compensation.

Bluzelle aims to serve the creator economy, providing a platform for creators to control their intellectual property free from gatekeepers. Its decentralized storage network is designed to protect the intellectual property of creators, making it suitable for artists, musicians, scientists, publishers, and developers. Bluzelle also intends to provide a marketplace for NFTs and game assets, providing storage and quick transactions. Additionally, Bluzelle's decentralized database and oracle services can be used by software developers to store information and provide fast, secure pricing data for DeFi applications.

Bluzelle was founded by Pavel Bains and Neeraj Murarka to address the fragmented data link in the blockchain and DeFi space. Both founders have extensive technological experience and a history of working with global companies. Pavel Bains previously co-founded Storypanda, a digital book platform that worked with titles by DreamWorks, Warner Bros, and others. Neeraj Murarka is an engineer and computer systems architect with over 20 years of experience working with global companies including Google, IBM, Hewlett Packard, Lufthansa, and Thales Avionics. The Bluzelle team, based in Singapore and Vancouver (Canada), has received the Technology Pioneer Award from the World Economic Forum and has been recognized by Forrester as a blockchain vendor in Asia.

We update our Bluzelle to USD currency in real-time. Get the live price of Bluzelle on Coinbase.

The current market cap of Bluzelle is $30.77M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Bluzelle is $0.91. This all-time high is highest price paid for Bluzelle since it was launched.

Over the last 24 hours, the trading volume of Bluzelle is $16.96M.

Assets that have a similar market cap to Bluzelle include Yield Guild Games, Syntropy, BORA, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Bluzelle is 453 million.

The median time that Coinbase customers hold Bluzelle before selling it or sending it to another account or address is 14 days.

Bluzelle ranks 172 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 77% of Coinbase users are buying Bluzelle. In other words, 77% of Coinbase customers have increased their net position in Bluzelle over the past 24 hours through trading.

Yes, Bluzelle is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Bluzelle guide.