Edison Chen, CEO of CUDIS, on Smart Rings Being Better Than Watches, Users Earning From Wellness Data, and Nonsensical Monthly Subscriptions | Ep. 371
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In an exclusive interview with Cryptonews Podcast, host Matt Zahab talked to Edison Chen, the co-founder and CEO of CUDIS, the company behind the first Web3 and AI-powered wellness ring.
Chen discussed the CUDIS 001 ring, why rings are better than watches and bands, how vital it is for every person to truly own their data, and how they can financially benefit from it.
He explained why charging monthly fees is a “weird” business model and talked about the $5 million funding round led by Draper Associates.
CUDIS 001 on Solana is “the first AI smart ring that rewards your wellness journey,” its creators said.
Users fully own their data and earn daily rewards, “turning a healthy lifestyle into a new store of on-chain value.”
But why a ring among the many types of wearable products?
Chen explained that based on his experience and the team’s research, rings are primed for growth in the market, which is overwhelmed with watches and bands.
So, there is no reason to build another one of the same product.
“For the smart ring, I think we can build something better than what already exists in the market,” Chen said.
Have you put a ring on it? A fitness ring, that is.
CUDIS is revolutionizing the wellness industry by bringing crypto and AI to wearable tech. and we want to tell you more about it on Chomp, live at @SolanaConf.
If you can't wait till then, the CUDIS app is live in App Store.… https://t.co/3ySnOAhl3v pic.twitter.com/MExFmlydes
Another key reason is data accuracy. The team argues that products worn on a finger provide more precise data
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