So, Cudis, this startup, decided to launch its Solana token on June 4. Why? Because apparently, turning your personal health data from those fancy wearable devices into an on-chain asset is the next big thing. Who knew? 🙄
How a Solana Startup Is Incentivizing Wellness (or Just Cashing In?)
Users in Los Angeles, listen up! Cudis is here to help you cash in on your health data. Yes, that’s right! You can now make money off your wearable devices. Because, you know, who doesn’t want to monetize their sweat? 💦
The wearables industry is booming, expected to grow by 4.1% this year. According to some market research firm, IDC, health tracking rings are set to top 2.3 million units. Cudis claims to have shipped about 20,000 smart rings and has over 200,000 customers across 103 countries. Sounds impressive, right? Or just a lot of people willing to wear rings that track their every move? 🤔
Now, Cudis wants to stand out from the big boys like Apple, Oura, and Whoop. You know, the ones who actually sell health tracking wearables. They’re going to reward you for your steps, sleep, and vital signs with their token. Because nothing says “I care about your health” like a cryptocurrency, right? 💰
“CUDIS is more than just a reward mechanism. It’s the access layer to an entire ecosystem built around real health data,” said Cudis co-founder and CEO Edison Chen. Sure, Edison, whatever you say! It’s all about improving lives, or is it just about improving your bottom line? 🤷♂️
And get this: you can convert your health metrics into NFTs! Yes, those non-fungible tokens that everyone is talking about. You can sell your health data to AI agents or wellness firms. Because who wouldn’t want to sell their personal health information? Sounds like a great idea! 😅
They’ve created one billion CUDIS tokens, with 247.5 million in circulation at a price of $0.096. Market cap? Roughly $23.65 million. Not bad for a company that’s betting on your health data! 🤑
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2025-06-12 08:57