Dubai, UAE, July 1st, 2024,
Chainwire
WELL3, a decentralized wellness solutions provider,
announced $55M in TVL in a 24 hour public sale ahead of their
upcoming Token Generation Event (TGE). The company is support by
numerous notable entities in crypto investment, including Cypher Capital, a multi-strategy crypto investment
firm, and other well-known names such as Animoca Brands, AWS,
Samsung, The Spartan Group, Blocore, Fenbushi Capital, Newman
Group, Soul Capital, XY Finance and Lumoz.
WELL3 is reshaping health and wellness through its Decentralized
Physical Infrastructure Network (DePIN), Decentralized Identity
(DID), and AI systems. With a mission to enhance well-being through
secure, data-empowered health journeys, WELL3 leverages blockchain
and AI analytics to provide personalized user experiences that
prioritize data ownership and security.
"With Cypher Capital's support, WELL3 is poised to
significantly enhance our ecosystem, integrating cutting-edge
technology to expand decentralized wellness solutions and drive
impactful growth," said Fung Kam Keung, CEO and Co-founder of
WELL3.
WELL3 boasts over 17M transactions on their blockchain and the
establishment of the largest NFT collection on the opBNB chain.
WELL3's multichain framework supports Bitcoin, Ethereum, Polygon,
Solana, Blast, and TON, enabling seamless user interaction across
diverse platforms for an integrated experience.
"WELL3 stands at the forefront of integrating DePIN,
DID, and AI to revolutionize health and wellness,” stated Harsh
Agarwal, Investment Lead at Cypher Capital. “Their robust
technology and strategic alliances position them as a powerful
newcomer in the healthcare industry."
WELL3’s Token Generation Event is scheduled to launch on July
3rd at 10 AM UTC on Bybit.
About WELL3
WELL3 is the leading Web3 Wellness Platform that revolutionizes
health data management. By harnessing Decentralized Physical
Infrastructure Network (DePIN) and Decentralized Identity (DID),
along with sophisticated AI analytics, it engages users with
rewards to incentivize health data collection and management.
About Cypher Capital
Cypher Capital is a leading early-strategy venture firm focused
on investing in Web3 infrastructure and applications that will
drive the new digital economy. Guided by environmental, social, and
governance for every investment decision, Cypher is shaping the
future of digital currency, public markets, and Web3.
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Shameem Sha
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Manager
shameem@cyphercapital.com