Buy Bluzelle BLZ
What is Bluzelle?
Bluzelle is a decentralised storage network designed for the creator economy, which provides high security, unmatched availability, and censorship resistance. It aims to offer a scalable and secure data storage solution, supporting various applications including NFTs and DeFi.
How does Bluzelle work?
Bluzelle operates on a Cosmos-based blockchain using a Delegated Proof of Stake (DPoS) consensus mechanism. It features a decentralised storage layer that provides a reliable infrastructure for enterprises and dApp developers. Validators stake BLZ tokens to participate in the network, validating transactions and earning rewards. The network also facilitates a marketplace for renting storage space and computational power, and supports interoperability with Cosmos Chains.
What are the potential use cases for Bluzelle?
Bluzelle can be utilised in various sectors, such as:
- Decentralised Applications (dApps): As a decentralised database service providing secure and scalable solutions.
- Content Delivery Networks (CDNs): Enhancing CDNs with distributed data caching for improved performance.
- Internet of Things (IoT): Offering secure, scalable storage solutions for IoT devices.
- Gaming: Providing high-performance, low-latency storage for gaming profiles and assets.
- DeFi and Finance: Supporting decentralised finance applications with secure, accessible data storage.
What is the history of Bluzelle?
Bluzelle was founded in 2014 by Pavel Bains and Neeraj Murarka. Initially, it developed blockchain apps for banks, but later shifted focus to decentralised database services for dApps and enterprises. In 2017, it raised $19.5 million through an ICO to develop its storage network. Over the years, Bluzelle has launched its storage network, partnered with various projects, and expanded globally, serving as a key storage provider for numerous applications.
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Frequently Asked Questions (FAQs)
What is the current price of Bluzelle (BLZ)?
The Bluzelle price is $0.29060643 AUD, representing a +6.49% from the day prior.
Where is the best place to buy Bluzelle (BLZ) in Australia?
The best place to buy Bluzelle (BLZ) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Bluzelle (BLZ) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Bluzelle (BLZ)?
The trading volume of Bluzelle (BLZ) is $44.0M AUD in the last 24hrs, representing a +6.49% from the day prior.
How can I buy Bluzelle (BLZ)?
Bluzelle (BLZ) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Bluzelle (BLZ)?
The current market cap of Bluzelle (BLZ) is $129.7M AUD.
Can I convert Bluzelle (BLZ) to cash?
Yes - With Coinstash you can convert your Bluzelle (BLZ) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Bluzelle (BLZ) are there?
The current circulating supply of Bluzelle (BLZ) is 452.6M.
Is Coinstash a safe place to buy Bluzelle (BLZ) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Bluzelle (BLZ) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.