aZen Protocol
aZen Protocol (Metaverse Labs) is a New Zealand-based private company building a free Android mobile app that lets individual consumers track social activity, interact with content, and connect to third-party services, positioned within the DePIN, blockchain, and edge-computing categories.
- Company typePrivate
- Founded2023
- HeadquartersAuckland, New Zealand
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
What aZen Protocol does
aZen Protocol, operating through its legal entity Metaverse Labs, is a New Zealand-based private company building a free Android mobile application positioned within the Blockchain, DePIN (Decentralized Physical Infrastructure Networks), AI, and Edge Computing categories. The core product is the aZen app, distributed exclusively via Google Play Store, which enables individual consumers to create profiles, track in-app and cross-platform activity, interact with content, and engage with third-party services through integrations such as Google Play Services and Facebook SDKs. The Terms of Conditions reserve the right to extend the app to additional operating systems, suggesting an intent to evolve beyond a single Android surface.
The company's business model is currently undefined as a revenue mechanism: the app is provided free of charge with no documented subscriptions, in-app purchases, advertising, token monetization, or enterprise offerings. The Terms explicitly state the company may charge for services in the future but has not yet done so, and the Privacy Policy describes broad collection of profile, activity, third-party, and device telemetry data — positioning the company as a data-accumulation platform in a pre-monetization phase.
Capital structure is venture-backed and Web3-aligned. aZen has run multiple funding events, the earliest disclosed being a seed round in mid-2024 led by Waterdrip Capital with Rootz Labs, followed by a $1.2M round in May 2025 that broadened the investor base to include DWF Labs, DePIN X, Mindfulness Capital, Quantum Leap Labs, ODIG, and Attention Ventures, alongside a parallel tranche from Web3 infrastructure providers DFINITY, peaq, and Swarm Foundation. A reported $40M investment from Royal Front Investments in May 2025 is unverified in underlying source detail. Leadership comprises Felix Xia (CEO), Alessandro Vene' (COO), and Mike O'Sullivan (CTO), with a headcount range of 11–50 employees.
aZen Protocol firmographics
Firmographics- Name
- aZen Protocol
- Legal name
- Metaverse Labs
- Website
- https://azenprotocol.io
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- aZen Protocol (Metaverse Labs) is a New Zealand-based private company building a free Android mobile app that lets individual consumers track social activity, interact with content, and connect to third-party services, positioned within the DePIN, blockchain, and edge-computing categories.
- Ownership category
- akta.pro rank
aZen Protocol industry classification
Industry- Product category
- Blockchain Protocol
- NAICS
- Software Publishers (5132)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Programming Services (7371)
- akta.pro primary industry
- Smart Contract Execution Environments (EVM/WASM, runtimes, precompiles) (FSAPABAA)
- akta.pro secondary industry
- Smart Contract Developer Platforms & Tooling (SDKs, APIs, frameworks, indexing) (FSAPAAAH)
Keywords
Where aZen Protocol is headquartered
LocationHeadquarters
- HQ city
- Auckland
- HQ country
- New Zealand
- HQ region
- Oceania
Markets served
aZen Protocol business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free app - no cost to users |
Distribution channels1 record
Marketing channels1 record
aZen Protocol product offering
Product offeringCore offering
aZen Protocol operates a blockchain-based mobile application platform (the aZen app) distributed by its legal entity Metaverse Labs. The free Android app allows users to create profiles, track their activity, interact with content, and engage with third-party services, with the broader company positioning spanning blockchain networks, DePIN (Decentralized Physical Infrastructure), AI, and edge computing.
Product overview
aZen Protocol offers the aZen mobile application as its primary consumer-facing product, developed and maintained by Metaverse Labs. The aZen app is a free mobile service available on Android that enables users to create profiles, track activity, and interact with content and third-party services. The company's product portfolio centers on this single mobile application offering.
Differentiator
Problem solved
Functional benefit
Products and services
- aZen App A free Android mobile application provided by Metaverse Labs that enables individual users to create profiles, track in-app activity, interact with content, and connect with third-party services such as Google Play Services and Facebook. Designed for general mobile consumers seeking social engagement and content interaction.
Companies that use aZen Protocol
Customer profileSegments1 record
Ideal customer profiles2 records
aZen Protocol technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
aZen Protocol partnerships and signals
Strategic signalRecent moves6 records
Expansion highlights5 records
aZen Protocol competitors and assessment
Company assessmentDirect peers
- io.net: Decentralized GPU compute network targeting AI workloads via distributed hardware; directly comparable as a DePIN/AI/edge-computing blockchain network competing for similar developer and operator mindshare.
- Render Network: Decentralized GPU rendering and AI compute marketplace built on blockchain; comparable as a DePIN compute platform targeting AI/graphics workloads with tokenized incentives.
- Akash Network: Decentralized cloud computing marketplace using blockchain for open-source cloud capacity; directly comparable as a blockchain-based compute infrastructure network competing for AI/dev workloads.
- Livepeer: Decentralized video transcoding network powered by blockchain; comparable as a DePIN compute network targeting media/AI workloads with distributed operator economics.
- IoTeX: Blockchain platform purpose-built for IoT and DePIN with privacy-preserving off-chain compute; comparable as a blockchain/edge-compute platform serving IoT and machine-economy workloads.
Broad incumbents
- Helium: Leading DePIN network for wireless connectivity with token-incentivized hardware; comparable as an established DePIN infrastructure project, though focused on wireless rather than compute.
- Filecoin: Large decentralized storage network and a leading DePIN protocol; comparable as a mature blockchain infrastructure network with similar tokenized incentives for distributed resource provision.
- Theta Network: Decentralized video delivery and edge compute blockchain network; comparable as a blockchain-based edge compute/streaming platform with consumer-facing components.
Emerging players
- peaq: DePIN-focused Layer-1 blockchain for machine economy and real-world asset networks; directly relevant as aZen is listed as a partner/investor and targets overlapping DePIN infrastructure use cases.
- DIMO: DePIN platform for connected vehicle data; comparable as an emerging DePIN network with consumer-facing mobile app and tokenized data/incentive model.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights5 records
Customer concentration
aZen Protocol social profiles
Digital presenceaZen Protocol financial estimates
Financial estimateRevenue estimate
Valuation estimate
aZen Protocol leadership team
Management profileNumber of profiles
Profiles3 records
aZen Protocol funding detail
Funding detailFunding overview
Funding rounds4 records
Investors12 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
aZen Protocol M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about aZen Protocol
What does aZen Protocol do?
aZen Protocol operates a blockchain-based mobile application platform (the aZen app) distributed by its legal entity Metaverse Labs. The free Android app allows users to create profiles, track their activity, interact with content, and engage with third-party services, with the broader company positioning spanning blockchain networks, DePIN (Decentralized Physical Infrastructure), AI, and edge computing.
Is aZen Protocol a public or private company?
aZen Protocol is a private company. It is classified as venture growth investor backed and is currently operating.
When was aZen Protocol founded?
aZen Protocol was founded in 2023. It employs 11 to 50 people.
Where is aZen Protocol based?
aZen Protocol is headquartered in Auckland, New Zealand, in the Oceania region.
Who are aZen Protocol's main competitors?
Direct peers on record are io.net, Render Network, Akash Network, Livepeer and IoTeX. Broad incumbents are Helium, Filecoin and Theta Network. Emerging players are peaq and DIMO.
Does aZen Protocol have an API?
No public API is recorded for aZen Protocol.
What industry is aZen Protocol in?
aZen Protocol's product category is Blockchain Protocol. Its primary akta.pro industry code is FSAPABAA, Smart Contract Execution Environments (EVM/WASM, runtimes, precompiles), with a secondary code of FSAPAAAH, Smart Contract Developer Platforms & Tooling (SDKs, APIs, frameworks, indexing). Its NAICS code is 5132 and its SIC code is 7370.