Dubai, UAE, July 1st, 2024, Chainwire
WELL3, a decentralized wellness options supplier, introduced $55M in TVL in a 24 hour public sale forward of their upcoming Token Technology Occasion (TGE). The corporate is assist by quite a few notable entities in crypto funding, 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 way of its Decentralized Bodily Infrastructure Community (DePIN), Decentralized Id (DID), and AI methods. With a mission to boost well-being by way of safe, data-empowered well being journeys, WELL3 leverages blockchain and AI analytics to offer personalised consumer experiences that prioritize information possession and safety.
“With Cypher Capital’s assist, WELL3 is poised to considerably improve our ecosystem, integrating cutting-edge know-how to broaden decentralized wellness options and drive impactful development,” stated Fung Kam Keung, CEO and Co-founder of WELL3.
WELL3 boasts over 17M transactions on their blockchain and the institution of the biggest NFT assortment on the opBNB chain. WELL3’s multichain framework helps , , Polygon, , Blast, and TON, enabling seamless consumer interplay throughout numerous platforms for an built-in expertise.
“WELL3 stands on the forefront of integrating DePIN, DID, and AI to revolutionize well being and wellness,” said Harsh Agarwal, Funding Lead at Cypher Capital. “Their strong know-how and strategic alliances place them as a strong newcomer within the healthcare trade.”
WELL3’s Token Technology Occasion is scheduled to launch on July third at 10 AM UTC on Bybit.
About WELL3
WELL3 is the main Web3 Wellness Platform that revolutionizes well being information administration. By harnessing Decentralized Bodily Infrastructure Community (DePIN) and Decentralized Id (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-strategy enterprise agency centered on investing in Web3 infrastructure and purposes that may drive the brand new digital economic system. Guided by environmental, social, and governance for each funding resolution, Cypher is shaping the way forward for digital forex, public markets, and Web3.
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ContactShameem ShaMedia Supervisorshameem@cyphercapital.com
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