[PRESS RELEASE – Los Angeles, California, September 18th, 2024]
Funding will assist over 1 million customers construct more healthy habits by way of incentive rewards and private AI teaching
CUDIS, the corporate behind the primary Web3 and AI-powered wellness ring, has raised $5 million in a funding spherical led by Draper Associates, with participation from Skybridge, Penrose, SNZ, Mozaik, NGC, Foresight Ventures, OGBC, Monke Ventures, DraperDragon, Block Patch, and Trinito. Notable particular person buyers embrace Sean Carey (Helium & Borderless), Kalin Stoyanchev (Render Community), Andrew Chatham (Dimo), Adam Jin (Solana Basis), Kel xyz (former Messari Analysis), Carl Vogel (sixth Man Ventures), John Patrick Mullin (Mantra), Qinwen (Lollipop), Amy Leem (Presto).
“Our mission at CUDIS is to empower tens of millions by integrating wearable expertise, blockchain, and AI, giving customers management over their knowledge and enhancing their wellbeing,” mentioned Edison Chen, CEO of CUDIS. “This funding is a crucial step in our journey to set a brand new customary in wellness expertise and instantly compete with trade leaders like Oura.”
Whereas practically one-third of People use wearables to trace well being, fewer than 25% of these in danger for heart problems take part, regardless of rising curiosity in incentives. Research present that performance-based rewards are more practical than mounted incentives in fostering long-term behavioral modifications.
CUDIS leverages blockchain’s distinctive skill to supply automated, clear rewards which can be higher fitted to constructing wholesome habits. Gamification makes conduct change simpler by awarding factors for optimistic actions and deducting factors for missed objectives, making a dynamic suggestions loop that encourages constant engagement. In contrast to Oura, which primarily tracks knowledge, the CUDIS ring gives real-time incentives and a customized AI coach that delivers actionable insights tailor-made to every person’s wellness journey.
“CUDIS is setting a brand new benchmark in wellness by leveraging expertise to prioritize client wants,” mentioned Timothy Draper, founding father of Draper Associates. “This modern strategy might redefine how we interact with our well being and wellness.”
Because the ring’s official launch in April 2024, CUDIS has rapidly scaled, pre-selling over 6,000 rings in additional than 50 nations and constructing a neighborhood of fifty,000 members. The brand new funding will allow the supply of over 1 million rings within the subsequent 18 months, enhance the AI coach and gamification options, and strengthen its decentralized infrastructure with open APIs, developer instruments, and grants for well being innovation.
Anthony Scaramucci, founding father of SkyBridge Capital, provides, “CUDIS is main a transformative shift in wellness, integrating blockchain and AI into day by day life, and paving the way in which for user-driven well being innovation.”
CUDIS has additionally launched the Professional Athlete Ambassador Program on the 2024 Paris Olympics, that includes athletes like Kaitlin Knifton, Patrick Schilz, Naomi Metzger, and Cam Aliabadi.
Customers can now enroll and obtain the CUDIS app for simple entry to all biometric knowledge tracked by the good ring, with enhanced options to assist their wellness journey.
About CUDIS:
CUDIS revolutionizes wearable expertise by providing complete wellness monitoring and personalised AI teaching, empowering customers to personal and monetize their well being knowledge.
To study extra at: www.cudis.xyz
To observe CUDIS on X | Discord | Instagram
Customers can obtain the app on Apple Retailer, Play Retailer, and Solana Cell.
Binance Free $600 (CryptoPotato Unique): Use this hyperlink to register a brand new account and obtain $600 unique welcome supply on Binance (full particulars).
LIMITED OFFER 2024 at BYDFi Trade: As much as $2,888 welcome reward, use this hyperlink to register and open a 100 USDT-M place without cost!
