# Blife Protocol

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/blife-protocol

- Industry: Financial Services
- Headquarters: Grand Cayman, Cayman Islands
- Website: www.blifeprotocol.com
- Total disclosed funding: $7M
- Latest round: Seed (Dec 2, 2024)
- Investors on record: 16

## About

Based in Grand Cayman, Cayman Islands, The Opal Foundation, trading under the name Blife Protocol, is a blockchain company that provides a suite of tools, including token and identity protocol. The company was founded by its CEO, Ben Charbit, David Bailey, and Yat Siu. In December 2024, Blife Protocol raised 7 million in seed funding led by UTXO Management, Animoca Ventures, Aspen Digital, Citizen Capital, B2C2 Ltd, NewTribe Capital, GameFi Ventures, and Bitcoin Frontier Fund.

BLIFE primarily offers a suite of web3 applications designed to integrate various community-driven experiences on the Bitcoin blockchain. The company’s product line includes BLIFE.ID, a free digital identity system within the BLIFE ecosystem for interacting with various Web3 applications; $BLIFE token, a currency of the BLIFE protocol used for governance, exchange, and rewards. The platform caters to a diverse clientele that includes gamers, content creators, and decentralized application developers, primarily targeting users in North America, Europe, and Asia.

The revenue model for BLIFE is structured around the utilization of its $BLIFE token within its expansive ecosystem.

Blife Protocol plans to expand its portfolio of web3 applications, with new products expected to launch in the upcoming year. The company aims to penetrate new markets in Asia and Europe by the end of 2025.

## Funding rounds

- Seed, Dec 2, 2024, $7M — GSR Ventures, Citizen Capital, G20 Ventures, Cypher Capital, B2C2 Ltd, Aspen Digital, NewTribe Capital, Delta Blockchain Fund, OIG Capital, GameFi Ventures, Project GodJira, London Real Ventures, Bitcoin Frontier Fund, UTXO Management, Animoca Ventures, Digital Consensus Fund

## Investors

- GSR Ventures (https://capitalatlas.ai/funds/gsr-ventures) — Seed
- Citizen Capital (https://capitalatlas.ai/funds/citizen-capital) — Seed
- G20 Ventures (https://capitalatlas.ai/funds/g20-ventures) — Seed
- Cypher Capital (https://capitalatlas.ai/funds/cypher-capital) — Seed
- B2C2 Ltd — Seed
- Aspen Digital — Seed
- NewTribe Capital (https://capitalatlas.ai/funds/newtribe-capital) — Seed
- Delta Blockchain Fund (https://capitalatlas.ai/funds/delta-blockchain-fund) — Seed
- OIG Capital — Seed
- GameFi Ventures (https://capitalatlas.ai/funds/gamefi-ventures) — Seed
- Project GodJira — Seed
- London Real Ventures (https://capitalatlas.ai/funds/london-real-ventures) — Seed
- Bitcoin Frontier Fund (https://capitalatlas.ai/funds/bitcoin-frontier-fund) — Seed
- UTXO Management — Seed
- Animoca Ventures (https://capitalatlas.ai/funds/animoca-ventures) — Seed
- Digital Consensus Fund — Seed