Dubai, United Arab Emirates, 1 July 2024, Chainwire
WELL3, a supplier of decentralized wellness options, has introduced $55 million in TVL in a 24-hour public sale forward of its upcoming Token Era Occasion (TGE). The corporate is backed by numerous main crypto funding entities, together with Cypher Capital, a multi-strategy crypto funding agency, and different well-known names comparable to Animoca Manufacturers, AWS, Samsung (KS:), The Spartan Group, Blocore, Fenbushi. Capital, Newman Group, Soul Capital, XY Finance and Lumoz.
WELL3 is reshaping well being and wellness by means of its community of decentralized bodily infrastructure (DePIN), decentralized id (DID) and synthetic intelligence techniques. With a mission to enhance well-being by means of safe and data-driven well being pathways, WELL3 makes use of blockchain and AI analytics to ship personalised consumer experiences that prioritize information possession and safety.
“With the assist of Cypher Capital, WELL3 is poised to considerably improve our ecosystem, combine cutting-edge know-how to broaden decentralized wellness options, and drive spectacular progress,” stated Fung Kam Keung, CEO and co-founder of WELL3.
WELL3 boasts over 17 million transactions on its blockchain and the institution of the most important assortment of NFTs on the opBNB chain. The WELL3 multi-chain framework helps , , Polygon, , Blast and TON, enabling seamless consumer interplay throughout completely different platforms for an built-in expertise.
“WELL3 is on the forefront of integrating DePIN, DID and AI to revolutionize well being and wellness,” stated Harsh Agarwal, Chief Funding Officer at Cypher Capital. “Their sturdy know-how and strategic alliance make them a robust entrant within the healthcare business.”
WELL3's Token Era Occasion is scheduled for July third at 10:00 UTC on Bybit.
About WELL3
WELL3 is the main Web3 Wellness Platform that revolutionizes well being information administration. Leveraging DePIN (Decentralized Bodily Infrastructure Community) and Decentralized Identification (DID) together with subtle AI analytics, it engages customers with rewards to incentivize well being information assortment and administration.
About Cypher Capital
Cypher Capital is a number one early stage technique agency targeted on investing within the Web3 infrastructure and functions that can drive the brand new digital economic system. Guided by environmental, social and governance authorities for each funding resolution, Cypher is shaping the way forward for digital foreign money, public markets and the Web3.
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ContactShameem ShahMedia supervisordisgrace@cyphercapital.com
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