Zizle, a Web3-based social media platform, has raised $3 million in pre-seed funding from venture capital firms and individual investors, including Unity Ventures, Black Dragon, Node Kapital, Khaled Guerbouz, and angel investors [de8e10cd]. The funding has allowed Zizle to complete the development of its app and transition from stealth mode to public beta. The platform aims to integrate the Solana Blockchain to enhance data privacy, decentralize governance, and provide better monetization pathways for users and creators. The funding has been used to enhance the platform's technological infrastructure, recruit blockchain and AI specialists, and expand the marketing and business development teams. Zizle plans to launch its public beta soon and gradually transition to a fully decentralized Web3 platform with community governance. The ultimate goal is to empower users and creators by placing control and rewards directly in their hands [de8e10cd].
Bluzelle (BLZ), a blockchain company that aims to empower content creators and innovators, is facing moderate risk as its token price drops. According to a recent risk assessment by InvestorsObserver, Bluzelle has received a medium Risk/Reward Score, indicating a moderate risk investment [6d093b21]. The token has traded -7.12% lower over the past 24 hours, with volume below average and a decrease in market capitalization. Despite the price volatility, investors are not overly concerned about the token's manipulability at the moment. Bluzelle currently has a market capitalization of $168,650,358.26, and $51,828,713.83 worth of the token has traded in the last 24 hours [6d093b21].
In contrast, Zebec (ZBC) has received a low Risk/Reward Score based on a proprietary scoring system that calculates the risk of manipulation by limited trading activity. The token is currently considered a low-risk investment [fb28cd10]. Over the past 24 hours, ZBC has traded 23.40% lower, with volume below average and a rising market capitalization. The cryptocurrency has a market capitalization of $182,040,236.88 and $68,554,822.57 worth of the token has been traded. The recent price movement indicates low risk due to price volatility in relation to volume changes. Traders can be confident in the token's manipulability at the moment [fb28cd10].
FUZE Token, another cryptocurrency, has also received a low Risk/Reward Score based on a proprietary scoring system by InvestorsObserver. The analysis evaluates recent changes in volume and market capitalization to assess the token's susceptibility to manipulation. FUZE Token is currently considered a low-risk investment [d88eb6fa]. The token has traded 56.28% lower over the past 24 hours, with volume below average and a rise in market capitalization. The price change in relation to volume and market cap changes gives FUZE Token a low risk rating. Traders can be confident in the token's manipulability at the moment. The current price of FUZE Token is $8.36 [d88eb6fa].
Bluzelle's expansion into the Creator Economy aims to empower content creators and innovators by tokenizing user-generated content into Social NFTs on its Layer 1 Blockchain. This allows creators to prove authorship and monetize their content securely. Bluzelle's decentralised storage layer, R2, will secure content, while Capella will facilitate the creation, minting, tokenization, and trading of content as NFTs. The Inter-Blockchain Communication (IBC) protocol will reshape the content landscape, transforming it into a dynamic financial marketplace. Bluzelle's $BLZ token plays a pivotal role in securing content, creating and trading NFTs, and integrating SocialFi. Token holders can stake tokens, participate in exclusive NFT drops, gain early access to in-game NFT drops, and contribute to ecosystem governance. Bluzelle aims to redefine how creators interact with their audiences and monetize their content, ushering in a new era of innovation and financial empowerment [7231fd91].
In a related development, Sleek, a Web3 social network, has raised $5 million in a seed round to bring blockchain-powered social media to the masses. The company aims to revolutionize human connection by making networking simple, fun, and productive. Sleek offers a platform that allows users to exchange information, onboard new people into their network, and incentivize community building through Web3 Social Finance (SocialFi) business models. Users can monetize their content and social capital to become creators. Sleek's first product, Sleek Card, creates a blockchain wallet and decentralized identity for each user, facilitating networking in person. Sleek plans to launch an open marketplace in the first half of 2024, allowing domain experts to tokenize their knowledge. Investors in Sleek include Binance Labs, Shima Capital, Spartan Group, and Symbolic Capital [1af793ec].