TechFlow news, June 8 — According to Decrypt, wearable device developer Cudis has launched its CUDIS token on Solana and BNB Chain, aiming to reward users for developing healthy habits through its AI-powered smart ring and longevity app.
Founded in 2023, Cudis has released two generations of smart rings that track health metrics such as sleep quality, stress, activity levels, and calorie expenditure. Users earn Cudis Points by tracking their health data via the app, making them eligible to receive CUDIS token airdrops.
The total supply of CUDIS tokens is one billion, currently trading at approximately $0.10. Of this, 25% is allocated to the community, 17% to investors, 15% each to the team and ecosystem, 9% to the treasury, 8.13% to marketing, 5.87% to liquidity, and 5% to advisors.
According to market research, the wearable devices market is currently valued at $179 billion and is projected to grow to $397 billion by 2032.
