TL;DR
- Idea: A decentralized edge computing network leveraging idle CPU/GPU resources from everyday devices via a browser extension to provide on-demand compute for applications, AI, gaming, and research.
- Catalyst: Strong backing by reputable VCs, successful incentivized testnet with millions of nodes, recent audit completion, upcoming mainnet launch.
- Risks: Early-stage protocol with mainnet pending; adoption challenges for node operators; reliance on browser extension; potential security and volatility risks.
- Score: 7.00/ 10
Coin
- Name/ Ticker: Bless (BLESS)
- Segment: DePIN
- Status: active
- Price: $0.037250
Key Metrics
- Market Cap: $68 744 850
- FDV: $373 275 191
- Circulating Supply: 1 841 666 667
- Total Supply: 9 999 999 710
- Inflation: 0.00%
Sources
Technology
- USP: First decentralized edge computing network powered by everyday devices through a browser extension.
- Core Technology: WASM-based secure runtime, intelligent task allocation, randomized distribution, adaptive verification (e.g., zero-knowledge proofs), Solana-based testnet performance, multi-chain self-bridging ERC-20 design.
Roadmap
- 2022-03-01: Pre-Seed Funding
- 2024-11-13: Rebranded from Blockless to Bless
- 2024-11-12: Testnet Launch on Solana
- 2025-08-29: Security Audit Completion by Halborn
- 2025-10-04: Phase 1 Expansion: GPU Nodes and Container Support
- 2025-06-01: Transaction Pool CRON Jobs Live
- 2025-01-01: Mainnet Launch Scheduled
Team & Investors
Team
- CTO β Derek Anderson: Former CTO at Akash Network
- COO β Butian Li: Former COO at Wabi and NGC Ventures
- Researcher β Michael Chen: Former researcher at Binance Labs
- Researcher β Liam Zhang: Former researcher at NYU
- Project Lead β MichaΕ Zajda: Engineer and Architect
Investors
- NGC Ventures β pre-seed β’ 2022-03-01 β’ $3.00M
- MH Ventures β pre-seed β’ 2022-03-01
- No Limit Holdings β pre-seed β’ 2022-03-01
- M31 Capital β seed β’ 2024-05-21 β’ $5.00M
- Frachtis β seed β’ 2024-05-21
- Interop β seed β’ 2024-05-21
- Plassa β seed β’ 2024-05-21
- Samsung Catalyst β seed β’ 2024-05-21
- Chorus One β seed β’ 2024-05-21
Total funding: $8.00M
Tokenomics
- Utility: Gas token for Blessnet transactions; staking for governance; rewarding node operators.
- Vesting: All tokens have been minted; no vesting or emissions schedule.
- Next Unlock: (0.00% of circulating)
Pros & Cons
Strengths
- Decentralized edge computing leveraging idle user devices
- WASM-based secure runtime for task isolation
- Adaptive verification with zero-knowledge proofs
- Natively multi-chain with self-bridging capability
- Backed by reputable venture capital firms
- Experienced team from Akash Network, Binance Labs, NGC Ventures
- Halborn audit completed with no high-severity findings
Weaknesses
- Mainnet not yet live; still in testnet phase
- Adoption risk: must onboard sufficient node operators
- Reliance on browser extension for participation
- Operational risk due to manual oversight in allocations
- No direct revenue model beyond token incentives
- Competitive landscape with traditional cloud and other DePIN projects
- Token price volatility and early-stage market risks
Price Scenarios (target: 2026-04-17)
- Bear: $0.020000 β 50% of current price reflecting conservative adoption scenario
- Base: $0.037250 β Maintains current price assuming steady growth and utility uptake
- Bull: $0.111750 β 3Γ current price driven by rapid adoption and successful mainnet launch
How to Buy & Store
CEX
- Gate
- Kraken
- Binance
- MEXC
- KuCoin
DEX
- Uniswap V4
- SushiSwap
- PancakeSwap
- Raydium
- 1inch
Storage
- MetaMask
- Trust Wallet
- Ledger
- Solflare
- Portis
Verdict
BLESS offers an innovative DePIN solution with strong technological foundations and reputable backing; however, it remains in testnet with adoption and security challenges ahead. Monitor mainnet launch and network growth closely.
Official Links
Source: Coin Research (internal)
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