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.