“Github for Dapps” from Japan gets $4.5M in seed round to ease smart contract dev

Image credit: Bunzz

Singapore-registered Bunzz, the startup behind a development platform focused on Dapps (decentralized applications leveraging blockchain technologies) under the same name, announced on Tuesday that it has secured about 600 million yen (about $4.5 million US) in a seed round. Since its official launch back in January of 2022, the platform has attracted over 8,000 Dapp developers worldwide. Participating investors in this round are:

  • Arriba Studio
  • Coincheck Labs
  • DG Daiwa Ventures
  • gmjp
  • GMO Web3
  • GREE Ventures
  • Hyperithm
  • Kotaro Tamura
  • Kazutaka Mori
  • mint
  • Spiral Ventures
  • 01Booster Capital
  • Ceres Corporation (TSE: 3696)

Bunzz was incorporated in Singapore in May of 2022 by Japanese serial entrepreneur Kenta Akutsu as a spin-off of his Tokyo-based web3 startup LasTrust. Prior to Bunzz, he and his team developed a blockchain certificate issuing service for enterprises, which was later sold to CyberLinks (TSE:3683). Bunzz initially started as a project at LasTrust in 2021.

The platform offers an infrastructure for developing smart contracts, which is essential for Dapp development. By making smart contract development processes more secure and easier, it lowers the barrier for developers who do not yet have extensive knowledge or experience in Dapp development.

The company claims that more than 2,800 Dapp projects have been deployed onto the blockchain via the platform, which helps them gain recognition of developers as the “Web3 version of GitHub”. In the future, they plan to introduce token incentives to encourage users to reuse useful smart contract codes developed by other Dapp developers via the platform.

via PR Times