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Bluzelle

BLZ

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Market

Market stats

Market cap

$120.0M

Volume (24h)

$8.8M

Circulating supply

426.5M BLZ

Typical hold time

15 days

Popularity

#304

All time high

$0.91

Price change (1h)

-1.54%

Price change (24h)

+2.51%

Price change (7d)

+9.94%

About Bluzelle

BLZ is the token powering the Bluzelle platform and decentralized storage network. BLZ can be used to pay for transactions, storage, staking, and voting on the future of the network. Note: Coinbase currently only supports BLZ running on the Ethereum blockchain (ERC-20).

What is Bluzelle?

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.

How does Bluzelle work?

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.

What are the potential use cases for Bluzelle?

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.

What is the history of Bluzelle?

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.

Social

Some highlights about Bluzelle on social media

2 unique individuals are talking about Bluzelle and it is ranked #1,416 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Bluzelle has an average sentiment score of 3 out of 5. Finally, Bluzelle is becoming more newsworthy, with 0 news articles published about Bluzelle. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly bullish about Bluzelle. There were 50% of tweets with bullish sentiment compared to 50% of tweets with a bearish sentiment about Bluzelle. 0% of tweets were neutral about Bluzelle. These sentiments are based on 4 tweets.

On Reddit, Bluzelle was mentioned in 0 Reddit posts and there were 0 comments about Bluzelle. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

2 people

Dominance

0%

Volume rank

#1,416

Average Sentiment

3 out of 5

Twitter

Coinbase Bytes

Coinbase Bytes

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Bluzelle is on the rise this week.

The price of Bluzelle has risen by 9.94% in the past 7 days. The price increased by 2.51% in the last 24 hours. In just the past hour, the price shrunk by 1.54%. The current price is $0.28 per BLZ. Bluzelle is 69.10% below the all time high of $0.91.

The current circulating supply is 426,454,176.728 BLZ.

FAQ

What is the current price of Bluzelle?

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

What is the market cap of Bluzelle?

The current market cap of Bluzelle is $119.95M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Bluzelle?

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

What is the 24 hour trading volume of Bluzelle?

Over the last 24 hours, the trading volume of Bluzelle is $8.80M.

What other assets are similar to Bluzelle?

Assets that have a similar market cap to Bluzelle include VeThor Token, Stargate Finance V1, VerusCoin, and many others. To see a full list, see our comparable market cap assets.

How many Bluzelle are there?

The current circulating supply of Bluzelle is 426 million.

What is the typical holding time of Bluzelle?

The median time that Coinbase customers hold Bluzelle before selling it or sending it to another account or address is 15 days.

What is the relative popularity of Bluzelle?

Bluzelle ranks 143 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Bluzelle?

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.

Can I buy Bluzelle on Coinbase?

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

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