Bluzelle

Opportunities:
Most dApps will utilize database to a certain extent. Bluzelle’s main competitor is BigchainDB but BigchainDB is more focused on enterprises while Bluzelle is focusing on dApps. We believe Bluzelle will be providing services to many dApps going forward, giving the project constant stream of news flow which is important in the crypto market.
Decentralized database management is a big market and has many use cases. If Bluzelle is successful in capturing a meaningful market share, the potential is substantial.
It is very difficult for a startup to be selected to work with blue chip financial institutions such as HSBC and AIA. This demonstrates the team’s capabilities.
The team has strong background and has been in the blockchain space since 2014.

Concerns:
None.

Conclusion:
Overall, we like both the short- and long-term potential for this ICO. Our thoughts of the tokens for short term and long term are as follows:
For ​short-term holding:
Good. The hard cap is low for the problem that Bluzelle is addressing. All the main criteria, including team, idea, token metric, market awareness, and roadmap, are above average.
Due to the overwhelming demand, the whitelist was closed much earlier than anticipated and it is expected that the individual cap will be very low, causing unmet demand for the tokens.
For long-term holding:
Good. The project solves a pain point encountered by many dApps and we believe the team has the capability to execute the project’s vision. We believe that a decentralized database management solution is needed in the majority of dApps, so Bluzelle has great potential if dApps become widely used.

Strong competition on market from blockchain startups and major corporations dealing with database storage and management. Product is related to growing technologies, but still is not developed enough: funds raised are generally projected to be sent to R&D. 

Complicated double-token system may turn an obstacle for attraction larger client Token distribution date is set one month from the end of ICO, however no escrow is used: it means higher risk of considering this ICO as a debt investment by SEC Token demand seems to be high with hard-cap already raised by 60%: there is the risk of fast ICO and the low availability of token. Tokens for crowdsale are 33% of the token supply: such rate is low and contributes to token concentration No current and projected financial indicators are provided Soft-cap is not indicated and hard-cap of 19,5M USD is considered to be a goal High 30% bonus for pre-sale investors increasing the risk of the rapid sell off when starting trading on exchanges. 

Bluzelle aren’t just making a project, but, possibly, a crucial element for the global blockchain technology infrastructure. The World Economic Forum awarded Bluzelle the “Tech Pioneer” status in 2017 – a title that had earlier been earned by companies such as AirBnB, Google, Kickstarter, Spotify and Palantir.
The project will have challenges to face – for instance, Bluzelle has no direct defense for its IP in the event of a competitor from database management or cloud services attempting to build a similar decentralized service. Competition can also be expected from Wolk – another decentralized database service provider.
However, adding up the project’s current accolades, the demand for its services, its team and other positive factors, we believe what we’re looking at is a project with some exceptional potential!

The Bluzelle ICO project fills a significant need in the decentralized internet market. An expert team with solid experience building blockchain dApps is hard to come by in such a new industry, but there you have it. A product demo to demonstrate progress and more support from partnerships would shore up any doubts we have that still remain. We’ll be making a medium size bet on the Bluzelle ICO.