Blocksense Network

Pre Seed · AI & Machine Learning · Sofia, Bulgaria · Founded 2023 · 30–50 employees

Blocksense Network is a decentralized oracle protocol that uses zero-knowledge rollup technology to provide secure, scalable oracle services. The company has raised $4 million in pre-seed funding led by Permutation in September 2024, with participation from a16z Crypto Startup Accelerator and other notable investors. Their innovative zkSchellingPoint consensus mechanism addresses key issues in traditional oracle networks like high costs, centralization, and data manipulation. The protocol delivers up to 50x reduction in gas fees and enables developers to create permissionless oracle feeds in days rather than weeks.

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