Cudis Unveils Token on Solana and BNB to Promote Healthy Lifestyle with Smart Ring

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Cudis: Revolutionising Health Tracking with Crypto Rewards

Cudis, a Los Angeles-based startup established in 2023, is making waves by combining wearable technology, artificial intelligence (AI) coaching, and cryptocurrency incentives. Its innovative health app is designed to encourage long-term health tracking habits while also offering financial rewards to users.

Monetising Wellbeing

The app aims to shift user behaviour by linking self-care activities directly to rewards through its cryptocurrency, CUDIS. Launched on both Solana and BNB Chain at an initial value of US$0.10 (approximately AU$0.15), CUDIS tokens are distributed via performance-based airdrops that are contingent on in-app activity. Users can earn points by monitoring their physical activities, sleep patterns, and other health metrics. Those who consistently engage with the app become aligned with receiving CUDIS tokens based on their cumulative scores.

In an interview with Decrypt, Cudis CEO Edison Chen articulated the mission behind the app: “We want people to actually understand what their health data means. The app breaks it down in simple terms: If you’ve got back pain, maybe it’s time to stretch. If your sleep score drops, maybe you need to wind down earlier, or perhaps see a doctor.”

Funding and Features

According to information on Cudis’ website, the startup has successfully raised over US$5 million (around AU$7.7 million) in funding, coupled with an additional US$5 million in product sales.

The CUDIS token forms the core of the platform’s capabilities. Users can stake these tokens to increase their yield on rewards, gain access to premium functionalities, engage in governance decisions, and support research and development endeavours. Recently, the token was also listed on the cryptocurrency exchange Bybit, where users can stake CUDIS to participate in a share of 4 million tokens available.

The AI Wellness Coach

Central to the Cudis experience is its AI health assistant, which provides personalised coaching tailored to users’ real-time biometric data. This system is built using advanced AI technology and is currently evolving to include specialised agents focused on optimising longevity. These updates will allow users to create customised daily routines based on their unique health information.

Privacy is at the forefront of Cudis’ operations; all interactions with the AI are kept confidential unless users choose to share information. The app features an option to disable on-chain memory, ensuring that sensitive data remains protected. Chen highlights that while the app doesn’t access or store real-time user input, it does derive insights—like advice for better sleep or managing stress—strictly from collected biometric data.

Conclusion

Cudis is paving the way for a new approach to health management, seamlessly integrating technology and financial incentives to motivate users towards better self-care. By merging the rewards of cryptocurrency with health tracking, Cudis not only aims to foster healthier habits but also empower users with a deeper understanding of their wellbeing. With its promising features and substantial funding, Cudis may well transform the landscape of health technology, steering it toward a more rewarding and informed future.

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