Bluzelle (BLZ) is a decentralized blockchain-based ecosystem that provides a scalable data service, offering tools for decentralized database storage and web hosting. It operates on a peer-to-peer market, connecting users who rent storage with those who need extra space, ensuring maximum security and high capacity for scaling. The native BLZ token fuels the network, enabling transactions and incentivizing node operators. Bluzelle aims to provide a secure and affordable alternative to traditional data storage solutions, focusing on the creator economy and supporting use cases such as GameFi and NFT marketplaces.
Bluzelle (BLZ) is the native cryptocurrency of the Bluzelle blockchain, a decentralized storage network designed for the creator economy. The BLZ token serves several purposes within the Bluzelle ecosystem:
Payment for Network Transactions: Users can utilize BLZ tokens to pay for network transactions, ensuring seamless interactions within the platform.
Access to BluzelleDB and Oracle Services: BLZ tokens grant access to Bluzelle's decentralized database and oracle services, which provide high-speed and high-security solutions for DeFi applications.
Staking and Governance: Holders can stake their BLZ tokens to earn rewards and participate in network governance, giving them a say in the platform's future development and direction.
Rewarding Network Participants: BLZ tokens are used to reward network participants, such as validators and renters, for their contributions to the decentralized storage and computational power provided by the platform.
Trading: BLZ tokens can be traded on exchanges, allowing traders to profit from price differences between buying and selling.
Overall, the BLZ token is a versatile digital asset that fuels the Bluzelle ecosystem, enabling users to interact with the network, access services, and participate in governance while ensuring the security and decentralization of the platform.
To store Bluzelle (BLZ) tokens, you can use several wallet options. For BLZ tokens on the Cosmos ecosystem, you can use the Keplr wallet, which is designed to securely store BLZ and other digital assets. For ERC20 BLZ tokens, you can use any ERC20-compatible wallet such as MetaMask, TrustWallet, or Ledger Nano.
To buy Bluzelle (BLZ) tokens, you can follow these steps:
Create an Account:
- On Coinbase, download the app and sign up with a valid ID and proof of address.
- On Kriptomat, sign up with Google, Apple, or enter your name and email, then verify your email, phone number, and identity.
- On KuCoin, create a free account and secure it with a password.
Add a Payment Method:
- On Coinbase, add a bank account, debit card, or initiate a wire transfer.
- On Kriptomat, make a bank deposit or use your credit card to add funds.
- On KuCoin, add a payment method to fund your account.
Select Bluzelle:
- On Coinbase, select Bluzelle from the list of assets.
- On Kriptomat, choose Bluzelle from the list of cryptocurrencies.
- On KuCoin, select Bluzelle as the token you want to buy.
Enter the Amount:
- On Coinbase, enter the amount you want to spend in your local currency, and the app will convert it to BLZ.
- On Kriptomat, enter the amount you want to buy and preview the transaction.
- On KuCoin, enter the amount you want to buy and confirm the purchase.
Finalize the Purchase:
- On Coinbase, tap "Preview buy" and confirm your purchase.
- On Kriptomat, confirm your purchase after previewing the transaction.
- On KuCoin, complete the purchase and store your BLZ tokens in your account or a non-custodial wallet.
Additionally, you can also buy BLZ tokens on Changenow by selecting the token and fiat currency, entering your wallet address, and completing the purchase.
