Bless crypto surges 150% after launch on major exchanges
On September 23, Binance, Bitget, MEXC, BingX, and several other platforms launched trading for the BLESS token, the native asset of the decentralized computing platform of the same name.
Bless was founded in 2022 in San Francisco under the name Blockless by Butian Li, Michael Chen, and Liam Zhang, who have backgrounds at organizations such as NGC Ventures and Binance.
The startup’s concept is based on the popular idea of harnessing idle resources (computers, laptops, smartphones) for distributed computing, rewarding users with a share of revenue for providing their hardware.
Bless operates on a Proof of Stake model and promises node operators who contribute their computing power up to 90% of service revenue. This approach incentivizes participation, secures the network, and fosters sustainable growth.
Democratic and wide participation
The project emphasizes that participation is not limited to high-performance hardware; consumer-grade devices can also join and earn rewards.
In earlier testing phases, the Bless network attracted 5 million nodes, reflecting its popularity. Ahead of its listing, news of the imminent mainnet launch further fueled excitement.
BLESS price dynamics after the September 23 listing. Source: CoinMarketCap
As a result, starting at $0.031, BLESS quickly spiked to nearly $0.1 and was trading around $0.074 at the time of writing — more than triple its initial price. The next steps remain to be seen.
As we wrote, WLFI listing: Trump token hype and risk factors
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