Bluzelle Receives Funding From NEO’s Investment Arm

NEO Global Capital puts $1M to further accelerate the blockchain ecosystem

“Jumpman, Jumpman, Jumpman, them boys up to something”

Over the past month you may have noticed we’ve been talking about integrating with NEO and have been speaking at some of their events about our technology and how it will work with their platform. Today we can officially say there is a strategic relationship as NEO Global Capital, NEO’s investment arm has backed Bluzelle with $1M.

Bluzelle isn’t built on any existing blockchain but is it’s own protocol. Reason being that we believe there will be many blockchain platforms and our goal is to be the defacto database service for them all. Ethereum just happened to be the first one. NEO represents another major platform as they’ve been a top 10 cryptocurrency for some time now. Additionally they’ve been attracting more and more dApp developers.

“We have long admired Bluzelle’s ambition to become the Oracle of decentralized Database-as-a-Service (DDaaS), and we see their technology as being an integral part of the NEO ecosystem,” Roger Lim, Partner in NEO Global Capital.

With NEO Global Capital, NEO recognizes that its hard to be everything for everyone in a timely manner. In order for dApps to get mass adoption, there is a lot of the infrastructure needed to be built for the decentralized Internet. By financially supporting companies like Bluzelle, NEO shows that it is growing the whole ecosystem which is for the betterment of the entire blockchain community.

NEO Global Capital also adds to the strategic partners who participated in our token sale. As mentioned before, they were chosen not just for the capital but the added value they can bring with marketing, community building, customer and partners growth. We have coverage in Canada, US, China, Korea, Japan, Southeast Asia, Australia.

We look forward to working with the NEO team to integrate Bluzelle for our June release. As always reach out to us in any of our channels to discuss more with us directly.