Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
Puffpaw Completes $6 Million Seed Round with Lemniscap Ventures as Participant
2024-09-05 01:30:34
Odaily News Puffpaw announced the completion of a $6 million seed round of financing, with Lemniscap Ventures participating. The Puffpaw project plans to launch a blockchain-enabled e-cigarette that aims to help users reduce nicotine intake through token incentives. The project encourages users to quit smoking by recording their smoking habits and rewarding them with tokens. Puffpaw's token economics aims to cover 30% of the user's first month of using its products and provide social rewards. The project also takes into account possible system abuse, but is unclear about the issue of users possibly dishonestly reporting their smoking habits. (CoinDesk)