PuffPaw Completes $6 Million Seed Funding Round, Launches Blockchain-Based E-Cigarette Platform
Publication Time:2024-09-05 09:42:07
PuffPaw, a chain-based platform aiming to help users reduce nicotine intake through token incentives, has announced the completion of a $6 million seed funding round with Lemniscap Ventures leading the investment. PuffPaw will be built on the Berachain network and plans to introduce an innovative blockchain e-cigarette product. The platform's token economics are distinctive, designed to cover 30% of the user's first month's product costs and offer social reward mechanisms. However, while PuffPaw's team has considered measures to prevent system abuse, there is currently no clear solution for handling cases where users may dishonestly report their smoking habits.
Blockchain
seed round investment
E-Cigarette