Bluzelle

Bluzelle (BLZ) presents a polarized investment profile characterized by strong foundational metrics but concerning gaps in security validation. The project's standout features are its robust tokenomics—with over 92% of supply in circulation and a hard cap, eliminating inflation risks—and a highly credible, experienced team. Its active development on the Cosmos SDK and specific pivot to 'GameFi' databases offer a unique value proposition distinct from archival storage competitors like Filecoin. However, the overall score is significantly dragged down by a poor security rating due to the lack of top-tier external audits, despite a history of operational stability. Community engagement is functional but lacks high-velocity growth, and development remains somewhat centralized. Consequently, BLZ represents a legitimate infrastructure play with reduced sell-pressure risk, but the lack of external security verification necessitates caution.