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WELL3 Hits $55M TVL in 24 Hours Ahead of TGE

WELL3, a decentralized wellness solutions provider, announced $55M in TVL in a 24 hour public sale ahead of their upcoming Token Generation Event (TGE). The company is support by numerous notable entities in crypto investment, including Cypher Capital, a multi-strategy crypto investment firm, and other well-known names such as Animoca Brands, AWS, Samsung (KS:005930), The Spartan Group, Blocore, Fenbushi Capital, Newman Group, Soul Capital, XY Finance and Lumoz.

WELL3 is reshaping health and wellness through its Decentralized Physical Infrastructure Network (DePIN), Decentralized Identity (DID), and AI systems. With a mission to enhance well-being through secure, data-empowered health journeys, WELL3 leverages blockchain and AI analytics to provide personalized user experiences that prioritize data ownership and security.

About WELL3

WELL3 is the leading Web3 Wellness Platform that revolutionizes health data management. By harnessing Decentralized Physical Infrastructure Network (DePIN) and Decentralized Identity (DID), along with sophisticated AI analytics, it engages users with rewards to incentivize health data collection and management.

About Cypher Capital

Cypher Capital is a leading early-strategy venture firm focused on investing in Web3 infrastructure and applications that will drive the new digital economy. Guided by environmental, social, and governance for every investment decision, Cypher is shaping the future of digital currency, public markets, and Web3.

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ContactShameem ShaMedia Managershameem@cyphercapital.com

This article was originally published on Chainwire


Source: Cryptocurrency - investing.com

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