Singapore, Singapore, 24th January 2023, Chainwire

Bunzz, a web3 development platform for decentralized applications, has completed a $4.5M seed round. Investors included gjmp, DG Daiwa Ventures, Coincheck, and Ceres. Funding will be used to help build out Bunzz’s Smart Contract Hub, which is already used by more than 8,000 dApp developers. (Product page: https://bunzz.dev/ )

Bunzz has established a strong track record since its launch 11 months ago. 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 Asia's largest DApp development infrastructures.

Top-tier landmarks have recognized the platform 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. Bunzz was also a finalist in Icetea Lab, Singapore’s largest web3 accelerator program.

Bunzz was listed in the chaos-map by Coinbase as a leading web3 development infrastructure.

Currently, engineers who can handle DApp development are very rare. The reason is that the barrier to developing smart contracts, web3-specific programs, is high. In other words, if web2 software engineers could handle contract development, it would be much easier to enter the web3 space.

Bunzz has simplified the previously complex development process by providing frequently used contracts as modules and wrapping the preparation of nodes and launching the development environment.

About Bunzz's core feature, “Smart Contract Hub”

Bunzz offers a modularized version of frequently used smart contracts. These are freely available to general users and can be reused by other DApp developers.

On the other hand, there is a similar service called Open Zeppelin, an open-source library. The difference between this and Bunzz is convenience. While OZ's code is just a library and cannot be deployed right away as it requires a development environment and nodes, Bunzz's modules can be deployed with just a GUI. It is truly the "web3 version of Docker Hub".

Partial list of Bunzz smart contract modules

Kenta Akutsu, CEO & Co-Founder of Bunzz, explained: “Bunzz ultimately aims to become web3's equivalent to Docker Hub. Immutable smart contracts on the blockchain are open programs, also called ‘public goods,’ because anyone can access and use them without permission. However, the usage flow and the logic of their operation are difficult to understand, making it inconvenient for engineers who want to reuse them. Bunzz aims to solve this problem by incentivizing creators of smart contract modules to create more accurate coding and documentation. Please feel free to contact us via Twitter or Discord."

The 13 participating investors of Bunzz

Bunzz participating investors

Bunzz Pte Ltd company profile

  • Company name: Bunzz Pte Ltd
  • Representative: Kenta Akutsu
  • Head Office: 6 Eu Tong Sen Street #12-17 The Central Singapore 059817
  • Business: Operation of web3 development infrastructure "Bunzz"
  • Establishment: May 2022
  • Capital: 4,500,000 USD
  • URL: https://bunzz.dev