- Cudis has introduced an AI-powered smart ring and launched a new CUDIS token to reward users for tracking health habits.
- The CUDIS token operates on the Solana and BNB Chain blockchains and was released at an initial value of $0.10.
- The smart ring tracks key health metrics such as sleep, stress, activity, and calories, and syncs with a personalized AI-powered app.
- The token has a total supply of 1 billion, with specific allocations for community, investors, and other groups.
- The global wearable technology market is valued at $179 billion and projected to reach $397 billion by 2032.
Cudis, a Los Angeles-based wearable technology developer, has launched an AI-enabled smart ring that helps users monitor their health metrics. On Wednesday, the company also released its own CUDIS token on the Solana and BNB Chain blockchains to encourage healthy lifestyle habits among users.
The smart ring, now in its second generation, tracks data such as sleep quality, stress levels, activity, and calorie burn. It communicates with a companion app that uses Artificial Intelligence for health tracking and personalized daily coaching. According to Cudis, users can earn points by logging their activities in the app, and these points may result in CUDIS token airdrops as an incentive.
Cudis co-founder and CEO Edison Chen said the app is designed to simplify health insights for users. “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 maybe see a doctor,” Chen told Decrypt. For those without a Cudis ring, the app can be used with other popular health tracking devices such as Apple Health, Garmin, and Oura.
The CUDIS token is available on both Solana and BNB Chain, with a total supply of 1 billion. The allocation includes 25% for the community, 17% for investors, and 15% each for the company team and ecosystem. Other portions are set aside for the treasury, marketing, liquidity, and advisors. Token holders can stake their tokens to increase wellness rewards, access premium services, and participate in governance decisions.
Chen noted the app is built with privacy in mind. “The AI coach is privacy-first. Cudis doesn’t see or store what you type in real time. The insights it gives you like sleep tips or stress trends come from your biometric data, not your conversations,” he said. Users are able to turn off on-chain data storage for additional control over their information.
The wearable technology industry is currently valued at $179 billion, with market research projecting growth to $397 billion by 2032. Blockchain-based apps like Stepmania, Sweat, and Longevity by Rejuve AI also provide tokens to users who track their fitness and wellness activities.
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