introduce
WELL3 is a brand new mission that takes a novel method to well being by integrating Decentralized Bodily Infrastructure Community (DePIN), Decentralized Identification (DID) and synthetic intelligence programs. Let’s discover this mission in additional element.
Overview
Firm identify: WELL3
Token code: WELL
Blockchain: multi-chain
Division: Decentralized Bodily Infrastructure Community
(DePIN) and Decentralized Id (DID)
Enterprise mannequin: DePIN and AI platform for well being trade
WELL3 particulars
WELL3 is a brand new mission that goals to reinvent well being and wellness by way of Decentralized Bodily Infrastructure Community (DePIN), Decentralized Id (DID) and built-in synthetic intelligence programs.
The platform already has 1 million pre-registered customers and is predicted to launch. WELL3’s mission is to boost well-being by way of secure, data-enabled wellness journeys. By leveraging DePIN, blockchain and synthetic intelligence evaluation, WELL3 claims to offer a safe and verified customized person expertise whereas cultivating a neighborhood that unites hundreds of thousands of individuals within the pursuit of well-being.
This method ensures knowledge possession and safety requirements, and incorporates AI insights to customise well being options, in keeping with their imaginative and prescient for a secure 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 by way of seed rounds and NFT gross sales.
- hashtag: After saying the launch of the WELL3 Ring, a wearable gadget that may convert private well being indicators into on-chain knowledge, greater than 900,000 customers registered the corresponding NFT whitelist and registered within the WELL3 ecosystem.
- WELL3 NFT mission: Since going surfing on February 10, 2024, Well3NFT has turn out to be the most important NFT assortment on the opBNB chain, with greater than 324,000 homeowners 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 reminiscent of 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.
Primary options of WELL3
To sum up, WELL3 is adopting a brand new well being knowledge administration technique underneath the DePIN framework.
- Information decentralization: Well being info is processed securely inside the DePIN system.
- Reward wearables to boost well being: WELL3 launches a sequence of wearable units, beginning with a sensible ring outfitted with sensors and algorithms that present a complete view of a person’s well being. Customers can earn WELL tokens by actively collaborating and agreeing to share their nameless well being knowledge. This token-based ecosystem will increase person engagement by rewarding wholesome conduct and knowledge sharing, and ensures customers have a stake within the governance and ongoing growth of the platform.
- Full possession of non-public knowledge: By leveraging WELL3’s DePIN and DID expertise, customers have full possession of their private info and knowledge, and will also be protected against unauthorized entry, knowledge 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 allows WELL3 to leverage quite a lot of networks, making certain customers can work together with the WELL3 ecosystem throughout a number of platforms with out hindrance, thereby selling a seamlessly built-in person expertise. Moreover, this method permits WELL3 to pick out essentially the most environment friendly blockchain for a particular operation, considerably decreasing transaction prices.
- Interoperability throughout ecosystems: WELL ID is designed to combine throughout quite a lot of platforms and companies, eliminating the necessity for a number of passwords and redundant verification processes. WELL ID offers a unified id answer 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 instances for WELL Tokens within the WELL3 ecosystem:
- Assist WELL3 ecosystem as DePIN ecosystem rewards, well being knowledge sharing and activity-based incentives
- As a reward for contributing to the WELL3 decentralized community
- Id creation and decentralized ID administration by way of 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 neighborhood initiatives
- Lockdown: Lockdown schedules are unfold throughout completely different time frames to align long-term pursuits and promote stability. WELL can be unlocked inside 24 months Token issuance schedule.
in conclusion
WELL3 is integrating superior expertise into well being and wellness with a deal with secure, data-driven approaches. By utilizing DePIN, DID and AI, WELL3 goals to offer customized well being options whereas making certain knowledge safety and person engagement.
