Published
2 years ago on
May 28, 2021
Bluzelle, a decentralized open-source database provider, recently released details of its upgrade and rebranding of key services, of which a renewed focus on support for NFTs and DeFi were cited as core areas of development.
According to Bluzelle, the upgrade to Bluzelle 2.0 will bring in features specifically requested by its user community. The decentralized network built by Bluzelle currently serves users through a censorship resistant 10,000 TPS blockchain across multiple modules and a robust validator network.
Bluzelle’s visual redesign is a refactoring of its experience in the blockchain space, in what the firm claims to be “a convergence of the past and the future” fostering an aesthetics that reflects both creativity and technological aspiration.
The redesign focuses on the connection between data and information, with symbolizations of its native token’s ticker, BLZ, splashed across its branding materials. The new design also plays with references to iconic figures in history, with public-domain renaissance portraits representing public control over the network.
The platform’s recent developments have featured staking, cross-chain bridges, mainnet databases, and oracles. With the onset of Bluzelle 2.0, the platform is also set to introduce file storage to increase network utility and address the demand from its users. Bluzelle now hosts all the infrastructural needs a user would need, with support open for Ethereum, Binance Smart Chain, Polygon, Tomochain, and Fantom.
The platform’s new file storage functionality is set to disrupt current offerings in the industry across several features. The file storage functionality by Bluzelle features blockchain-based data replication and redundancy, full decentralization across multiple nodes, high speed data cache retrieval, as well as high volume downloads made possible by auto replication across its nodes.
The expansion to cater user’s needs with file storage was an effort to address the needs of the NFT creator economy, according to Bluzelle. With the platform’s file storage solution, NFT creators would no longer need to rely on centralized database servers like Amazon Web Services, hence eliminating a single point of failure in terms of file security.
Bluzelle’s decentralized database is now shifting to cater specifically to creators, and has thus introduced an incentivization program for its network utility to support the burgeoning creator economy.
The Bluzelle network has also released details regarding this program called Call of Data, a play on the popular video game series, Call of Duty. Call of Data is “the ultimate data farming game” according to the firm, and would engage BLZ holders, hosting a multi-month competition wherein participants would be encouraged to upload data to Bluzelle and yield rewards. Each week would witness up to $10,000 awarded to top participants, alongside open leaderboards and mini competitions.
The recent expansions for its network activity shows the firm’s urgency to meet the demands of both decentralized finance and the NFT creator economy. Currently, Bluzelle fosters a community for holding, staking, and maintaining a liquidity pool for BLZ on Uniswap.
The company has also announced that it is currently developing its own decentralized exchange (DEX), alongside other integrations and mainnet upgrades with Cosmos Stargate, and the development of a browser-based plugin for native BLZ conversion.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
