CUDIS @CudisWellness

A non-intrusive smart ring that collects blood oxygen, heart rate, and sleep quality

Perhaps a health-related project with smart hardware that is rarely seen in the crypto space. The TGE is just around the corner!

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TL;DR

1. $5 million in funding, $6 million in actual revenue

2. Capable of converting web2 users, counts as high-quality KYC

3. A unique product in the health sector, currently no other competitors in the space

4. Meets three conditions for listing (web2 users, unique product in the sector, web3 revenue)

Its revenue comes from the following three points:

1. Hardware sales: priced at $349, with $6 million in revenue in 2024

2. Health service data: purchases of health data by research institutions, insurance companies, and other AI large models

3. Protocol revenue: used for developer incentives and user subsidies

Funding Disclosure: Draper Associates led a $5 million seed round, and it has already achieved $6 million in revenue. In the current crypto market, which lacks revenue-generating projects, this is truly rare and to some extent has completed a milestone.

Cudis occupies an ecological niche of smart wearables + health, making it a good choice. Currently, it is a unique product in the crypto sector, very special.

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Based on personal experience, I have the following impressions:

1. Wearable without feeling, far exceeds the experience of wristbands and watches

2. Overall sleep data collection and UI are clear at a glance

3. A single charge lasts about five days, no anxiety about battery life

4. The overall experience of the mobile UI is smooth, looking forward to continuous optimization

5. Exploration with AI agents