The healthtech startup CUDIS, which operates in the realm of decentralized science (DeSci), is set to launch its native token on the Solana blockchain ecosystem. Originating from Los Angeles, CUDIS designs a unique wellness ring that monitors a user’s health data, such as steps taken, sleep patterns, and heart rate. It also offers a personalized fitness program powered by AI.
The introduction of the Solana-based token, named CUDIS, is an addition to the startup’s health data ecosystem. Users wearing the health tracking ring and utilizing the AI-driven fitness coach will be rewarded with CUDIS tokens. The token aims to decentralize health by allowing users to participate in protocol governance and better manage their personal health data.
Edison Chen, co-founder and CEO of CUDIS, expressed his hopes in an email to The Block, that the CUDIS token would inject more enthusiasm into their community and make their vision of longevity more accessible globally.
Following the initial Token Generation Event (TGE), CUDIS plans to offer additional airdrops to incentivize long-term users and sustain engagement with the brand’s broader ecosystem. Registration for the first season of token airdrop eligibility starts on June 5. The total supply of the CUDIS token will be capped at 1 billion, with 50 million tokens being distributed in the upcoming airdrop, as per a press release shared with The Block.
Since its inception in May 2024, CUDIS claims to have sold over 20,000 rings and amassed over 200,000 users. The CUDIS app has processed billions of biometric signals and the startup has incorporated the World App to validate a user’s biometric data and self-custody their health data on the blockchain.
CUDIS successfully raised $5 million in seed funding in a round led by Tim Draper’s early-stage venture firm, Draper Associates, in September last year. The Solana blockchain is increasingly becoming the preferred choice for projects aiming to launch native tokens, with CUDIS being the latest addition.
