Beldex (BDX) is a privacy-centric blockchain platform that focuses on providing secure and anonymous transactions for its users. Launched in 2018 by founder Afanddy B. Hushni, Beldex was created to address the growing concerns around privacy in the digital world, ensuring that transaction details remain confidential and untraceable. Originally, the platform operated on a Proof-of-Work (PoW) model, but in 2020, it transitioned to Proof-of-Stake (PoS) to improve scalability, reduce transaction fees, and enable staking rewards for participants.

The Beldex ecosystem has evolved beyond simple private transactions, expanding to include a range of decentralized applications (dApps) that focus on secure communication and browsing. It introduced BChat, a secure messaging platform, and BelNet, a decentralized VPN that ensures online anonymity. These applications are part of Beldex's broader vision to create a suite of privacy-focused tools that safeguard user data and digital interactions.

In recent years, Beldex has garnered significant support from key investors. In 2023, it secured $25 million in funding from DWF Labs, which helped fuel ecosystem development and marketing initiatives. Later that year, EnFlux invested an additional $3 million, supporting the integration of EVM compatibility, which expanded the reach of Beldex’s privacy solutions to more blockchain networks. Through these strategic investments and partnerships, Beldex continues to innovate in the Web3 space, aiming to set the standard for privacy technologies across multiple blockchain ecosystems.