introduce
WELL3 is a brand new undertaking that takes a novel strategy to well being by integrating Decentralized Bodily Infrastructure Community (DePIN), Decentralized Identification (DID) and synthetic intelligence techniques. Let’s discover this undertaking in additional element.
Overview
Firm identify: WELL3
Token code: WELL
Blockchain: multi-chain
Division: Decentralized Bodily Infrastructure Community
(DePIN) and Decentralized Identification (DID)
Enterprise mannequin: DePIN and AI platform for well being trade
WELL3 particulars
WELL3 is a brand new undertaking that goals to reinvent well being and wellness via Decentralized Bodily Infrastructure Community (DePIN), Decentralized Identification (DID) and built-in synthetic intelligence techniques.
The platform already has 1 million pre-registered customers and is anticipated to launch. WELL3’s mission is to reinforce well-being via protected, data-enabled wellness journeys. By leveraging DePIN, blockchain and synthetic intelligence evaluation, WELL3 claims to supply a safe and verified customized person expertise whereas cultivating a group that unites tens of millions of individuals within the pursuit of well-being.
This strategy ensures information possession and safety requirements, and incorporates AI insights to customise well being options to align with their imaginative and prescient for a protected and health-conscious future.
Key Milestones and Achievements
WELL3 communities are broad in scope. With their assist, the platform has achieved a number of achievements.
- Public sale: Inside 7 days, the full worth locked (TVL) of the general public sale was 15,237.2 ETH, or $55 million. As well as, greater than $5 million has been raised via seed rounds and NFT gross sales.
- hashtag: After asserting the launch of the WELL3 Ring, a wearable gadget that may convert private well being indicators into on-chain information, greater than 900,000 customers registered the corresponding NFT whitelist and registered within the WELL3 ecosystem.
- WELL3 NFT undertaking: Since logging on on February 10, 2024, Well3NFT has turn into the biggest NFT assortment on the opBNB chain, with greater than 324,000 house owners and eight million NFTs as of April 27, 2024.
- commerce: Greater than $17 million in transactions have been created on WELL3.
- cooperate: WELL3 has partnered with entities equivalent to Animoca Manufacturers, AWS, Samsung, The Spartan Group, Blocore, Fenbushi Capital, Newman Group, Soul Capital, XY Finance and Lumoz.
- Strategic alliance: WELL3 has fashioned strategic alliances with Polygon, Solana, Base, Ton, Avalanche, Arbitrum, BNB Chain, Sei, Algorand, Blast and telos. This collaboration is to make sure that customers profit from a multi-chain and scalable ecosystem, thereby enhancing the general performance and protection of WELL3 merchandise.
Principal options of WELL3
To sum up, WELL3 is adopting a brand new well being information administration methodology beneath the DePIN framework.
- Information decentralization: Well being info is processed securely inside the DePIN system.
- Reward wearables to reinforce well being: WELL3 launches a sequence of wearable gadgets, beginning with a wise ring outfitted with sensors and algorithms that present a complete view of a person’s well being. Customers can earn WELL tokens by actively taking part and agreeing to share their nameless well being information. This token-based ecosystem will increase person engagement by rewarding wholesome habits and information sharing, and ensures customers have a stake within the governance and ongoing growth of the platform.
- Full possession of non-public information: By leveraging WELL3’s DePIN and DID expertise, customers have full possession of their private info and information, and may also be shielded from unauthorized entry, information leakage and fraud.
- Multi-chain: WELL3’s multi-chain framework spans a number of blockchain platforms, together with Bitcoin, Ethereum, Polygon, Solana, Blast and TON. This protection permits WELL3 to leverage a wide range of networks, guaranteeing customers can work together with the WELL3 ecosystem throughout a number of platforms with none obstacles, thereby selling a seamlessly built-in person expertise. Moreover, this strategy permits WELL3 to pick out probably the most environment friendly blockchain for a particular operation, considerably lowering transaction prices.
- Interoperability throughout ecosystems: WELL ID is designed to combine throughout a wide range of platforms and providers, eliminating the necessity for a number of passwords and redundant verification processes. WELL ID offers a unified id resolution that simplifies digital interactions whereas enhancing safety.
What’s WELL Token? What does it do?
WELL tokens function each utility tokens and governance tokens within the WELL3 community. It powers a community of well being ecosystem companions and their customers, working on all Layer 1 (L1) and Layer 2 (L2) chains.
Extra particularly, listed here are the use circumstances for WELL Tokens within the WELL3 ecosystem:
- Help WELL3 ecosystem as DePIN ecosystem rewards, well being information sharing and activity-based incentives
- As a reward for contributing to the WELL3 decentralized community
- Identification creation and decentralized ID administration via WELL ID
- Serves because the foreign money for digital and bodily purchases within the WELL3 ecosystem
The distribution of WELL tokens is as follows:
- Most provide: 42,000,000,000
- 71% of tokens used for group initiatives
- Lockdown: Lockdown schedules are unfold throughout completely different time frames to align long-term pursuits and promote stability. In line with the token issuance schedule, WELL will probably be unlocked inside 24 months.
in conclusion
WELL3 is integrating superior expertise into well being and wellness with a give attention to protected, data-driven approaches. By utilizing DePIN, DID and AI, WELL3 goals to supply customized well being options whereas guaranteeing information safety and person engagement.
