🚨 Exploring $BLESS : The New DePIN Token with Big Potentials 🚀
The Bless Network, launched its utility token $BLESS on major exchanges marking the highly anticipated debut in the decentralized physical infrastructure network (DePIN) sector. Backed by an $8 million seed round from investors like M31 Capital, NGC Ventures, & Interop.
Bless Network quickly gained traction, surging over 250% on launch day from an initial price of $0.03 to peaks above $0.10 before retracing following the mass sell pressure especially from airdrop earners.
💥 Project Overview
The Bless Network, was founded in 2022 in San Francisco (former Blockless) by Butian Li, Michael Chen, and Liam Zhang, positions itself as "the world's first shared computer." It operates as a decentralized edge computing platform that transforms everyday devices, laptops, desktops, and phones into a global network of verifiable compute resources.
💥 Tokenomics
• Community Incentives: 35% (3.5B tokens): 42.17M unlock at TGE; rest vested over 12-18 months with staking boosts (1x immediate, up to 15x for 18-month lock.
• Ecosystem & Foundation: 20.75%
(2.075b) Vested for grants, liquidity, and development; supports nnApp builders.
• Early Investors allocated 16.25% of the total supply (1.625B), locked with 12-24 month vesting.
• Team 15% (1.5b of the supply) with a very long-term vesting (24-36 months) to align incentives.
• Advisors: 3% (300m Bless token with a 12 months vesting period)
• Liquidity & Marketing 10% (1b tokens released 100% at TGE for exchange listings and promotions.
Circulating Supply at TGE: 1.84 billion (18.4% of total supply), enabling fair launch liquidity without overwhelming dumps.
💥 PRICE PROJECTION
Bless token is currently consolidating at price range of 0.03 and market capitalization of approximately $58 million in a mid-term performance we are likely to see $0.20-$0.40 if it mirrors Grass's ATH FDV ($3.96B), implying 10x from curren.
NB: DYOR
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