Bluzelle

Bluzelle

It develops a software suite that enables banks and insurance businesses to leverage the blockchain.

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DateInvestorsAmountRound
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€0.0

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€0.0

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N/A

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Early VC
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD20192020202120222023
Revenues00000000000000000000
% growth-48 %23 %8 %-
EBITDA00000000000000000000
Profit00000000000000000000
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Dealroom estimates

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More about Bluzelle
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Bluzelle operates as a decentralized data storage network and blockchain platform specifically tailored for the creator economy, with a significant focus on Game Finance (GameFi). The company was founded in 2014 by Pavel Bains and Neeraj Murarka, initially developing blockchain applications for financial institutions like banks. Recognizing a growing need for decentralized data solutions, the company pivoted in 2017 to create a secure database layer for dApp developers and enterprises.

The founders' backgrounds are integral to the company's trajectory. CEO Pavel Bains has extensive experience in the gaming and entertainment sectors, having worked for Disney Interactive, Electronic Arts, and Nintendo, which informs Bluzelle's current GameFi focus. CTO Neeraj Murarka brings over 18 years of experience in software engineering from major technology firms including Google, Hewlett Packard, and IBM, providing the deep technical expertise for building the platform.

Bluzelle's business model is analogous to a decentralized "Airbnb for databases." It connects users who need to store and manage data with a network of providers, or "producers," who rent out their surplus computing storage and power. Revenue is generated as developers and creators pay fees in the platform's native token, BLZ, to access its services. These fees are then used to compensate the storage providers, creating a self-sustaining peer-to-peer marketplace.

The company's core offering is a decentralized storage layer and a high-throughput blockchain built on the Cosmos SDK and Tendermint technology, capable of processing up to 10,000 transactions per second (TPS). This infrastructure is designed to solve the scalability and high-fee issues common on other blockchains like Ethereum, making it suitable for transaction-heavy applications such as gaming and DeFi. Key products include Bluzelle DB, a decentralized database for dApp developers; Bluzelle Oracles, which provides secure off-chain data for DeFi applications; and Capella, an NFT marketplace designed for the GameFi ecosystem. The platform supports creators like artists, musicians, scientists, and developers by providing a censorship-resistant environment to safeguard their intellectual property.

Financially, Bluzelle has secured funding through several rounds, including a $1.5 million Series A in August 2017 and a notable $19.5 million raised through an Initial Coin Offering (ICO) in January 2018. The company's native token, BLZ, serves multiple functions within the ecosystem: it's used for network transaction fees, staking by validators as collateral, purchasing and storing NFTs, and as in-game currency.

Keywords: decentralized storage, GameFi, blockchain database, creator economy, peer-to-peer network, NFT marketplace, Cosmos SDK, DeFi integration, data management, BLZ token

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