WELL3, a prominent Web3 wellness platform, has announced the listing of its native WELL token on Bybit, Bitget, and Gate.io. The WELL token will be available for trading starting July 3 at 10:00 AM UTC. This listing signifies a major step forward for WELL3, providing increased accessibility and liquidity for the WELL token.
The WELL token serves as the primary utility and governance token within the WELL3 ecosystem. It powers various functionalities, including rewarding users for securely sharing health data, facilitating decentralized identity services, and enabling transactions across multiple blockchain platforms. With a maximum supply of 42 billion tokens, 71% are allocated to community initiatives to foster growth and stability.
Max Li, CEO of WELL3, expressed his enthusiasm for the new listings, highlighting the importance of expanding the platform’s reach and enhancing user engagement. The token’s listing is accompanied by various promotional campaigns and competitions to incentivize participation and drive adoption.
WELL3 has made significant strides in revolutionizing personal health data management through its Decentralized Physical Infrastructure Network (DePIN) and Decentralized Identity (DID) technologies. The platform ensures complete ownership and security of personal data, leveraging Trusted Executive Environments (TEE) powered by Amazon Web Services (AWS).
Since the launch of the WELL3 Ring, a wearable device that converts wellness metrics into on-chain data, over 920,000 users have signed up for WELL IDs and its corresponding NFT Ring whitelist. The platform’s multichain framework spans various blockchain networks, including Bitcoin, Ethereum, Polygon, Solana, Blast, and TON, ensuring a seamless and integrated user experience.
Supported by esteemed investors like Animoca Brands, Newman Group, The Spartan Group, Fenbushi Capital, and Soul Capital, WELL3 is at the forefront of the blockchain transformation in the wellness industry, setting new standards for data ownership and personalized health solutions.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.
