From 4 PM to 6 PM today (UTC+8),#CUDIS the #币安web3钱包TGE will officially begin. Eligible users can use Binance Alpha points to participate. But how is this project really? I hope the following content helps everyone gain a basic understanding of it.

In the relatively niche narrative of wearable devices + blockchain, CUDIS is one of the few projects that has truly brought out products, sales, and community influence. It chooses to cut in with a smart ring, combining DePIN, AI health suggestions, and data economy to build a health data network where you can 'earn while living.'

1. Project Overview

CUDIS is a health technology protocol built on Solana, with its core product being the 'CUDIS Ring' - a smart health ring combining AI and blockchain. CUDIS aims to create a decentralized physical infrastructure network (DePIN) that allows users to own their health data and benefit from it.

This model is similar to STEPN, belonging to Move-to-Earn (earn while exercising) 2.0, but emphasizes long-term health management and real hardware implementation.

Core Product: CUDIS Ring

CUDIS Ring is the flagship product of the project, featuring the following functionalities:

（1）Health Monitoring: Real-time tracking of heart rate, blood oxygen, temperature, sleep cycles (REM, deep sleep, etc.) and other key indicators;
（2）AI Health Suggestions: Accompanied by an app with an embedded AI health coach providing personalized analysis;
（3）Psychological Tracking: Supports 'Energy Journaling' to record emotional changes, targeting stress management for Web3 community users;
（4）Data On-Chain: Data stored on IPFS and indexed via Solana, giving users absolute control;
（5）Token Rewards: Earn points through daily usage, which can later be exchanged for $CUDIS or enjoy TGE airdrops.

2. Technology and Track

CUDIS integrates multiple popular Web3 concepts:

（1）DePIN: Users wearing devices provide data infrastructure for the network;

（2）AI Driven: AI coaches empower health suggestions and behavior incentives;

（3）Data Sovereignty: Emphasizing privacy protection and self-selection sharing mechanisms;

（4）Gamification: Task system and data incentive logic are highly gamified.

This type of hardware-integrated DePIN model is one of the popular tracks in 2024-2025, and CUDIS is one of the earlier projects to form a product closed loop.

3. Performance Achievements

（1）Device Sales: Over 15,000 rings sold, generating over $4 million in revenue;

（2）Ecosystem Recognition: Won the second prize at the Solana Renaissance Hackathon;

（3）Community Distribution: Users cover 100 countries globally, with over 100,000 community members;

（4）Strategic Release: CUDIS 002 limited edition ring priced at $349, with 5000 point airdrop rights included.

4. Financing and Team Background

（1）Financing Situation: Completed a $5 million seed round, led by Morningstar Ventures;

（2）Team Members: From giants like Google, Nike, Microsoft, Binance, Samsung, among others in Web2/3;

（3）Partners: Including traditional health research institutions like UCLA.

5. Token Information and Incentive Mechanisms

  • Token: $CUDIS

  • TGE Time: June 4, 2025

  • Usage: Data incentives, governance voting, ecological consumption, etc.

  • Airdrop Mechanism: Users who purchase rings and engage in daily usage can accumulate points to exchange for tokens.

6. Market Logic and Future Outlook

The opportunities for CUDIS are:

（1）Real Product Implementation: Distinct from most purely 'conceptual' DePIN projects;

（2）Web2/Web3 Dual-Line Integration: Combining physical devices, AI services, and on-chain incentives;

（3）Data as Asset Logic: Initiating a monetization model for health data;

（4）Potential Space: User data can connect to multiple downstream markets such as insurance, healthcare, and sports brands.

The project aims to reach a scale of 1 million users in the next 2-3 years, expand open APIs, and launch a developer incentive fund to build a 'On-chain Health Ecosystem.'

7. Quick Review Summary

CUDIS is not the first Web3 wearable device, but it may be the first project to 'run out a real business model.'

Among many DePIN concepts that are still at the PPT stage, it has completed a closed loop from hardware, data to tokens with a ring, and opened a new narrative segment on the Solana chain - 'Health × Decentralization × Incentive Network.'