• Bunzz, a web3 development platform for decentralized applications, has completed a $4.5M seed round.
• The funding will be used to help build out Bunzz’s Smart Contract Hub, which is already used by more than 8,000 dApp developers.
• Bunzz has established a strong track record since its launch 11 months ago, with over 3,000 DApp projects having been deployed on-chain.
Bunzz, a web3 development platform for decentralized applications, has recently completed a $4.5M seed round, which saw investors including gjmp, DG Daiwa Ventures, Coincheck, and Ceres. The funding will be used to help build out Bunzz’s Smart Contract Hub, which is already used by more than 8,000 dApp developers.
Since its launch 11 months ago, Bunzz has established a strong track record. Over 8,000 DApp developers have been using the platform, and more than 3,000 DApp projects have been deployed on-chain, making it one of the largest DApp development infrastructures in Asia. The platform has been recognized by top-tier landmarks as a major infrastructure service in the smart contract development sector. It has been featured on the web3 development infrastructure chaos map published by Coinbase. Additionally, Bunzz was also a finalist in Icetea Lab, Singapore’s largest web3 accelerator program.
The reason why engineers who can handle DApp development are so rare is because the barrier to developing smart contracts, which are web3-specific programs, is high. Bunzz has simplified the previously complex development process by providing frequently used contracts as modules and wrapping the preparation of nodes and the launch of the development environment.
Bunzz’s core feature, the Smart Contract Hub, provides a modularized version of frequently used smart contracts. These are freely available to developers, and enable them to quickly and easily develop their own decentralized applications.
The seed round will enable Bunzz to continue to expand its Smart Contract Hub. This will enable even more developers to access the platform and create their own DApps. It’s clear that Bunzz is leading the way in the DApp development space, and this seed round will ensure that its success continues.