Dapp Data Storage Provider Bluzelle to Begin Mainnet Launch in August

Distributed data storage network Bluzelle will begin the launch of its mainnet on Aug. 8, the company said Thursday.

AccessTimeIconJul 30, 2020 at 12:00 p.m. UTC
Updated Sep 14, 2021 at 9:38 a.m. UTC

Distributed data storage network Bluzelle, headquartered in Singapore, will begin the launch of its mainnet on Aug. 8, the company said Thursday. 

  • According to a press statement, phase 1 of the mainnet will enable users to stake bluzelle (BLZ) tokens and earn rewards for participating in the network’s validation process.
  • Participants are required to create a BluzelleNet address using the Bluzelle staking platform to start earning BLZ, which will be deposited to their addresses every 24 hours.
  • The launch also marks the platform’s transition to the newest version of Tendermint.
  • Bluzelle CEO Pavel Bains told CoinDesk that, unlike Filecoin and Storj, which provide file storage services to customers as Dropbox does, Bluzelle facilitates the storage of data particularly for application developers.
  • The network, marketed as the “Airbnb of databases” will allow developers to pay for storage space and write to the decentralized database, the statement said.
  • Bluzelle raised $19.5 million in its initial coin offering (ICO) in 2018 to create the network of decentralized databases.
  • The mainnet will launch in full on Sept. 8.


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.