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Leading Web3 wellness platform, <a href="https://well.eco/" rel="noopener noreferrer nofollow">WELL3</a>, per a recent report, is set to list $WELL—its native token—on Bybit and Bitget. Scheduled to begin trading on Wednesday, July 3, 2024, the $WELL token has a maximum supply of 42 billion. According to the team, 71% of that number has been allocated to community incentives including airdrops and rewards for early adopters for their commitment towards the project’s growth.The $WELL token is the primary currency within the WELL3 ecosystem and will process transactions, reward active users, and incentivize health data contributors. This token will grant holders unlimited access to the network&#39;s series of decentralized applications (DApps) and will shape the future of web3 now and in years to come.As the utility token of WELL3, $WELL will serve various functions such as;<ul><li>Powering the WELL3 DePIN ecosystem by rewarding users for sharing health-based data and participating in numerous activity-related campaigns.</li><li>The WELL3 ecosystem seeks to create a seamless and remarkably effective user experience and the $WELL token will enable this, guaranteeing multi-chain transactions.</li><li>$WELL will function as an incentivization tool for enhanced wellness. Platform users can earn this token by actively taking part in activities as well as anonymously sharing relevant health information after engaging with WELL3’s wearable devices.</li><li>$WELL will enable decentralized identity service (WELL ID), management within the wellness network, and the creation of decentralized ID (DID).</li><li>Finally, $WELL serves as the WELL3 native currency. It facilitates transactions, serves as a means of payment, and generally expands the ecosystem.</li></ul><h2 id="header-0">How WELL3 is Revolutionizing Personal Health Data Management</h2>Since its launch, WELL3 has gained necessary traction as it seeks to showcase the true potential of the WELL ID system. At the time of writing, over 920k people have signed up for the WELL ID and the corresponding NFT Ring whitelist. Actively leading the transformation of the health data industry, WELL3 is introducing new concepts such as data decentralization.WELL3 incorporates a secure data processing system within the DePIN framework. The platform combines Amazon Web Services (AWS) and Trusted Executive Environment (TEE) to ensure that users’ data is both private and safe. Additionally, the wellness platform offers complete ownership of data. By leveraging DID and DePIN technologies, WELL3 hands users absolute control of personal information. It doesn&#39;t end there; relevant measures have been taken to protect this data from unauthorized individuals, frauds, and data breaches.WELL3 also introduces a multi-chain network as part of its commitment to revolutionizing the personal health data management industry. The framework spans various blockchain networks such as Solana, Ethereum, Polygon, Bitcoin, TON, etc. This feature allows the Web3 wellness project to tap from the strengths of these networks, guaranteeing that users can interact with the ecosystem and assets across multiple blockchains without hassle. WELL3, through this standout value offering, will foster an impressive, seamless, and efficient user experience.WELL ID dispels regurgitative verification processes and passwords by enabling interoperability across ecosystems. This eliminates the need for multiple passwords and verification on all platforms before signing in.<h2 id="header-1">Conclusion</h2>WELL3 is utilizing the immense potential of decentralized innovation to revolutionize the existing health data management market. By integrating these systems—DID, DePIN, and AI—the Web3 wellness platform is empowering millions of users ready to take control of their data and wellness journeys. To achieve all of this, $WELL was designed and is currently set to be listed on Bybit and Bitget.With token contract address; 0x63696Fc66795B51d02c1590b536484A41fbDDF9a $WELL will actively begin trading on Wednesday, July 3, 2024, at 10:00 UTC. The team will roll out several token-related campaigns and competitions for users.

Wellness Platform, WELL3 Announces $WELL Token Listing on Bybit, Bitget and more

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