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blousesa layer 1 blockchain platform, has announced its vision of empowering innovators in the broader Creative Economy.
In an exclusive press release shared with crypto.news, Bluzelle said that the Creator Economy will be a diverse market comprising content creators such as artists, musicians, gamers, social media influencers and even those who take advantage of the artificial intelligence (ai).
Bluzelle aims to provide suitable solutions to safeguard and authenticate your creations. The platform estimates that the Creator Economy will be a $480 billion industry by 2027.
Of note, Bluzelle ecosystem products will play a critical role in this expansion. R2, your decentralized storage layer, will protect the content. At the same time, Capella will facilitate the creation, minting, tokenization and trading of content as non-fungible tokens (NFTs).
Through Cosmos’ native Inter-Blockchain Communication (IBC) protocol, Bluzelle plans to transform the content landscape into a dynamic financial market. In this setup, content could become a source of inspiration and a financial asset.
Pavel Bains, CEO of Bluzelle, commented:
“We are delighted to present a new chapter in Bluzelle’s journey, one that combines our past and our future; while pushing the boundaries of blockchain technology. “Bluzelle’s mission is to catalyze the Creator Economy, offering technology, trust and creativity to foster innovation within the web space3.”
A central element of this ecosystem will be BLZ, Bluzelle’s native token. The currency will be the basis for securing content, minting and trading NFTs. Finally, Bluzelle plans to incorporate SocialFi, a concept that combines social media and decentralized finance (defi), providing additional revenue streams for creators.
Bluzelle has also revealed that BLZ holders will be free to stake, get early access to in-game nft drops, and even participate in governance. Additionally, they can mint their content as unique NFTs to market within the broader Bluzelle ecosystem.
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