Bunzz Secures $4.5M in Seed Funding to Enhance Its Smart Contract Hub for DApp Creation

Singapore, Singapore, January 24, 2023, Chainwire

Bunzz The web3 platform for decentralized application development, Bunzz, has successfully wrapped up a $4.5M seed funding round. Notable investors included gjmp, DG Daiwa Ventures, Coincheck, and Ceres. This funding is earmarked to expand Bunzz’s Smart Contract Hub, which currently supports over 8,000 DApp developers. (Product page: https://bunzz.dev/ )

Since launching just 11 months ago, Bunzz has built an impressive reputation. More than 8,000 developers are utilizing the platform, with over 3,000 DApp projects making their way onto the blockchain, solidifying it as one of the leading DApp development ecosystems in Asia. 

This platform has gained prestige among industry leaders for its contributions to infrastructure services within the smart contract development landscape. It has been prominently featured on the infrastructure chaos map released by Coinbase. Furthermore, Bunzz was also recognized as a finalist in Icetea Lab, the largest innovation hub in Singapore. web3 development Currently, finding engineers proficient in DApp development is quite challenging. The primary hurdle lies in the complexity of smart contracts, which are specifically designed for web3 applications. Essentially, if software developers familiar with web2 could easily navigate contract development, the transition would be significantly smoother. web3 accelerator program .

Bunzz has effectively streamlined the complex process of development by offering frequently used contract templates as modular components, simplifying the setup of nodes and the overall process. web3 space .

Discovering Bunzz’s Main Feature: the “Smart Contract Hub” launch of the development environment. 

Bunzz presents a modular approach to smart contract development, offering these components freely to users, enabling them to be repurposed by other developers working on DApps.

Conversely, there's a similar service known as Open Zeppelin, which functions as an open-source library. The distinction here is all about user convenience. While Open Zeppelin’s code serves merely as a library and demands a specific development environment for deployment, Bunzz's modules allow for immediate GUI deployment. It’s akin to the 'web3 equivalent of Docker Hub.' frequently used smart contracts A Glimpse at Bunzz’s Suite of Smart Contract Modules

Kenta Akutsu, the CEO and Co-Founder of Bunzz, shared: “Our aspiration is for Bunzz to become synonymous with Docker Hub for smart contracts. Immutable smart contracts stored on the blockchain are categorized as open programs or 'public goods,' meaning anyone can access and utilize them freely. However, the underlying operational logic and usage flow can be quite intricate, presenting challenges for developers who aspire to reuse these resources. Bunzz aims to alleviate this issue by incentivizing smart contract creators to produce clearer coding and documentation. Feel free to reach out via

Head Office: 6 Eu Tong Sen Street #12-17 The Central Singapore 059817 

NFT related modules:

• NFT (IPFS Mintable)  
• NFT (Breedable)  
• NFT (Custom-URI)  
• NFT (Royalties)  
• Simple Marketplace (For NFT)  
• Auction Marketplace (NFT)  
• NFT (ERC721)  
• Non-Tradable Token (ERC4671)  
• Simple Marketplace (For MultiToken)  
• Auction Marketplace (For Multi Token)  

DeFi related modules:

• Token (ERC20)  
• Token (ERC20 Capped)  
• TokenERC20DAOToken  
• ReflectionToken  
• MultiToken (ERC1155)  

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The 13 participating investors:

Bunzz pte ltd company profile:

• Company name: Bunzz pte ltd
• Representative: Kenta Akutsu
• Polygon Launches ‘Agglayer Breakout Program’ Aiming to Foster Innovation and Deliver Airdrop Value to POL Stakeholders
• Business: Operation of web3 development infrastructure “Bunzz
• Establishment: May, 2022
• Capital: 4,500,000 USD
• URL: https://bunzz.dev

Contact

CEO
Kenta Akutsu
Bunzz pte ltd