Bless Network was formerly known as Blockless in the community. After rebranding and perfecting its operating model, the protocol has received positive feedback from the community. What is Bless Network? Let’s dive into this article.

Key Takeaways

• Bless Network is a DePIN protocol that develops a decentralized resource sharing model.
• Bless Network was also known as Blockless, but the project has rebranded and changed its name to Bless Network.
• Bless Network introduces a concept called network-neutral application (nnApp).

What is Bless Network?

Bless Network is a DePIN protocol that develops a decentralized resource sharing model. The platform harnesses the computing power of users' personal devices to support developers.

Previously, Bless Network was also known as Blockless, but the project has rebranded and changed its name to Bless Network.

What problem does Bless Network solve?

According to Bless Network, nodes operating on blockchain networks often face two main challenges:

• Inefficient resource allocation: In some cases, the allocation of computational resources on blockchain networks is not optimized. Nodes have different hardware configurations but are assigned similar tasks. This leads to wasted resources of powerful nodes and reduces the overall performance of the network.
• Centralization of control: Many networks still rely on centralized service providers to provision and manage nodes. This reduces decentralization and increases security risks on the network.

The above challenges lead to dApps operating on the network often facing limitations in scalability, performance and flexibility, especially dApps that require high computing power such as gaming, AI... Therefore, Bless Network was born to solve the above challenges by providing a platform for sharing decentralized computing resources.

How does Bless Network work?

Users participate in operating nodes on the network by sharing computing power with the system. In return, users receive rewards commensurate with their contributions.

In addition, Bless Network introduces a concept called network-neutral application (nnApp). According to Bless Network, nnApp allows applications to leverage computing power from many different devices. The system will then automatically check the computing performance of the user's device against the developer's requirements and allocate it to the appropriate processing tasks.

The Bless Network system consists of the following main components:

• Developer: The person who submits the computation request to the Bless network, which can be AI developers, machine learning, big data analytics or Web3 projects.
• Node: Devices participating in the Bless network, providing CPU/GPU resources to process the computation requests.
• Bless Network: Decentralized coordination system that helps allocate work to the appropriate nodes.
• Decentralized Storage: Decentralized storage solutions such as IPFS or Arweave support the storage of data needed for the computation process.

Bless Network Technology

To realize its goal, Bless Network integrates several technologies into its operating model, including:

Dynamic Resource Matching

Dynamic Resource Matching is a term that refers to the process of automatically allocating resources to computing requests in a flexible manner. Accordingly, the DRM system combines with the Simulated Annealing (SA) algorithm to evaluate and analyze suitable resources. Thanks to that, the system can maximize the performance of devices participating in the network.

WebAssembly

WebAssembly creates a separate execution environment, allowing applications to operate independently of each other. This means that even when the device is performing heavy tasks such as gaming or video editing, Bless Network can still smoothly tap into the device's computing power.

Dynamic Verification

By combining techniques such as ZK-SNARK, pBFT consensus mechanism… to ensure the accuracy of calculation results, while minimizing possible fraud risks.

How to join Bless Network Airdrop?

Season 1 has taken the snapshot. If you want to join the airdrop, here’s how to join Bless Network Airdrop Season 2:

Step 1: Install the extension, go to the chrome store and add Bless Network extension

Step 2: Create an account by signing in with google

Step 3: Share unused resources, to become part of the global shared computer, you just need to log in with a stable internet connection.

Step 4: Accumulate time, every time you stay connected and share resources, your contributed time will be accumulated.

Step 5: Your airdrop will be distributed by $TIME that is the testnet reward of Bless Network

BLESS Token Information

BLESS Token Key Metrics

Here is the information of BLESS token

• Token Name: Bless Network
• Ticker: $BLESS
• Token Type: Governance & Utility Token
• Total Supply: 10B $BLESS
• Contract address SOL: A1t2UviBYwyfYZDJyKY2W6Td8ritgsCriUDuNaAQN49S
• Contract address BSC: 0x7C8217517ed4711fe2DECCdFefFE8d906b9Ae11F

BLESS Token Use Case

$BLESS token serves as the core asset for governance, ownership, and staking. Apps pay to use Bless’s compute resources, and 90% of that revenue is used to buy back and burn $BLESS, reducing its supply.

BLESS Token Listing

Here are important details revealed to $BLESS:

• Listing time: September 23th, 9:00 UTC
• Confirmed CEX Listings: Binance, Bybit, Bitget,...
• Pre-market Price (Whales Market): $0.035

Bless Network Tokenomics & Fundraising

Tokenomics

- Total Supply: 10B $BLESS

- Token Allocation:

• Investors: 16.25%
• Team: 15%
• Advisors: 3%
• Ecosystem & Foundation: 20.75%
• Airdrop: 10%
• Community Incentives: 35%

Fundraising

Bless Network has raised a total of $8M across two early-stage rounds (pre-seed and seed) with a SAFE (Simple Agreement for Future Equity) structure with 1:1 token warrants. The project's funding rounds have the participation of leading investment funds in the cryptocurrency market such as: M31 Capital, Plassa Capital, Interop,...

Bless Network Roadmap & Team

Roadmap

Bless Network's roadmap follows a phased approach, from the current testnet (incentivized with >5M nodes and 4.5M node-hours) to mainnet, focusing on nnApps (network-neutral apps) for AI/edge computing. Include:

• Phase 0: Laying the Foundation
• Phase 1: Scaling Capability and Integrity
• Phase 2: Maturing the Developer Experience
• Phase 3: Scaling Access and Incentives

Team

Here’s the Bless Network team:

• Derek Anderson: CTO
• Michael Chen: COO
• Liam Zhang: CPO

Conclusion

Bless offers a decentralized computing solution that optimizes costs, reduces latency, and scales flexibly. This system not only makes it easy for developers to deploy applications, but also creates opportunities to earn income from personal devices. With the potential to expand into AI, machine learning, DePIN, and Web3, Bless is reshaping the way we use computing resources globally.

Disclaimer: This article is for informational purposes only, not investment advice, and Whales Market is not responsible for any of your investment decisions.

FAQs

1. What is the native token of Bless Network?

The native token of Bless Network is $BLESS, used to facilitate coordination across the ecosystem.

2. What is Bless Network ($BLESS) pre-market price?

Currently, $BLESS hasn't been listed on Whales Market yet, so users can trade $BLESS when it officially lists. Whales Market is the leading pre-market DEX platform to trade pre-TGE tokens and allocations, with over $300 million in volume, no middlemen, trustless and on-chain.

3. What is the price of Bless Network ($BLESS) today?

While Bless Network ($BLESS) hasn't been listed yet, users can trade $BLESS pre-market on Whales Market before the TGE. Here you can trade $BLESS before the asset got listed on leading CEXes like Binance, Bybit or OKX.

4. What is Bless Network?

Bless Network is a DePIN protocol that develops a decentralized resource sharing model.

5. What is the $BLESS and its allocation?

$BLESS is Bless Network’s native token with a total supply of 10B. Allocation includes 16.25% for Investors, 15% for Team, 3% for Advisors, 20.75% for Ecosystem & Foundation, 10% for Airdrop, and 35% for Community Incentives.

6. How much has Bless Network ($BLESS) raised?

According to CryptoRank , Bless Network has raised a total of $8M from M31 Capital, Plassa Capital, Interop,...