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Home Industry Press Release

Bunzz Raises $4.5M Seed Round to Expand its Smart Contract Hub for DApp Development

January 24, 2023
in Press Release
Reading Time: 3 mins read

Singapore, Singapore, 24 Jan 2023, Chainwire

Buzz Completed a $4.5 million seed round for web3 development platform for decentralized applications. Investors include gjmp, DG Daiwa Ventures, Coincheck and Ceres. The funds will be used to build Bunzz’s smart contract his hub, which is already used by over 8,000 of his dApp developers. (Product page: https://bunzz.dev/ )

Bunzz has built a strong track record since its launch 11 months ago. Over 8,000 DApp developers are using the platform, with over 3,000 DApp projects deployed on-chain, making him one of the largest DApp development infrastructures in Asia.

The platform is recognized by leading landmarks as the leading infrastructure service for the smart contract development sector. Featured in the web3 development infrastructure chaos map published by Coinbase. Additionally, Bunzz was also a finalist in Singapore’s largest web3 accelerator program, Icetea Lab.

Currently, engineers who can handle DApp development are very rare. The reason is that the barriers to developing web3-specific programs, smart contracts, are high. In other words, if web2 software engineers can handle contract development, it will be much easier to enter the web3 space.

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By providing frequently used contracts as modules and wrapping node preparation and development environment launch, Bunzz has succeeded in simplifying the previously complex development process.

About Bunzz’s core function “Smart Contract Hub”

Bunzz is a modularized version of Frequently used smart contractsThese are freely available to general users and can be reused by other DApp developers.

On the other hand, there is a similar service called Open Zeppelin, an open source library. The difference between this and Bunzz is convenience. OZ’s code is just a library and cannot be deployed immediately as it requires a development environment and node, whereas Bunzz’s module can be deployed with just his GUI. It is exactly “web3 version of Docker Hub”.

Partial list of smart contract modules provided by Bunzz

NFT related modules:

DeFi related modules:

Bunzz CEO and co-founder Kenta Akutsu explains: Bunzz ultimately aims to be the equivalent of web3s Docker Hub. Immutable smart contracts on the blockchain are open programs, also known as public goods, because they can be accessed and used by anyone without permission. am. However, the usage flow and operation logic were difficult to understand, which was inconvenient for engineers who wanted to reuse the software. Bunzz aims to solve this problem by encouraging smart contract module authors to code and document more accurately. Please feel free to contact us. twitter Also discord“

13 participating investors:

Bunzz pte ltd Company Profile:

  • Company Name: Bunzz pte ltd
  • Representative: Kenta Akutsu
  • Headquarters: 6 Eu Tong Sen Street #12-17 The Central Singapore 059817
  • Business description: Operation of web3 development infrastructure Bunzz
  • Established: May 2022
  • Capital: US$4,500,000
  • URL: https://bunzz.dev

contact

Bunzz pte ltd President Kenta Akutsu [emailprotected]

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