WELL3, a supplier of decentralized solutions for wellbeing, has successfully raised $55 million in Total Value Locked (TVL) during a 24-hour public sale before to their next Token Generation Event (TGE).

The startup receives backing from renowned crypto investment firms including Cypher Capital, as well as other notable organizations such as Animoca Brands, AWS, Samsung, The Spartan Group, Blocore, Fenbushi Capital, Newman Group, Soul Capital, XY Finance, and Lumoz.

WELL3 is revolutionizing the field of health and wellbeing with its Decentralized Physical Infrastructure Network (DePIN), Decentralized Identity (DID), and AI solutions.

The company’s objective is to improve individuals’ well-being by utilizing blockchain and AI analytics to provide individualized user experiences that are supported by secure and data-driven health journeys.

WELL3 has achieved more than 17 million transactions on their blockchain and currently holds the largest collection of NFTs on the opBNB chain. This positions them to greatly improve their ecosystem and stimulate growth. Their Token Generation Event is set to commence on July 3rd at 10 AM UTC on Bybit.

Tags