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WELL3 hits $55 million in total volume locked ahead of token generation event

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WELL3, a pioneer in decentralized wellness options, has reached $55 million in whole worth locked (TVL) inside 24 hours throughout a public sale simply forward of its token technology occasion (TGE), as per the most recent updates shared with Finbold on July 1.

The numbers sign robust backing from main gamers within the crypto house, together with Cypher Capital, Animoca Manufacturers, AWS, Samsung, The Spartan Group, Blocore, Fenbushi Capital, Newman Group, Soul Capital, XY Finance, and Lumoz.

Decentralized well being and wellness

WELL3 is on the forefront of remodeling the well being and wellness sector by means of its modern Decentralized Bodily Infrastructure Community (DePIN), Decentralized Id (DID), and superior synthetic intelligence (AI) programs.

The corporate’s major aim is to enhance well-being by offering safe,>Fung Kam Keung, CEO and Co-founder of WELL3, commented on the significance of the latest funding in serving to WELL3 understand its objectives, stating:

“With Cypher Capital’s help, WELL3 is poised to considerably improve our ecosystem, integrating cutting-edge know-how to broaden decentralized wellness options and drive impactful development.”

– Fung Kam Keung, CEO and Co-founder of WELL3

WELL3’s market positioning

WELL3 has already achieved over 17 million transactions on its blockchain and has established the most important non-fungible token (NFT) assortment on the opBNB chain.

The platform’s multichain framework helps Bitcoin (BTC), Ethereum (ETH), Polygon (MATIC), Solana (SOL), Blast (BLAST), and Toncoin (TON), permitting customers to work together seamlessly throughout various platforms for a cohesive expertise.

Harsh Agarwal, Funding Lead at Cypher Capita, remarked on WELL3’s place out there, stating:

“WELL3 stands on the forefront of integrating DePIN, DID, and AI to revolutionize well being and wellness. Their strong know-how and strategic alliances place them as a robust newcomer within the healthcare trade.”

– Harsh Agarwal, Funding Lead at Cypher Capita

WELL3’s Token Era Occasion is about to launch on July 3 at 10 AM UTC on Bybit.

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