PuffPaw Receives $6 Million Investment for Blockchain-Based E-cigarette Project

Sep.05.2024
PuffPaw Receives $6 Million Investment for Blockchain-Based E-cigarette Project
PuffPaw, a blockchain-based e-cigarette project, raises $6 million in seed funding led by Lemniscap Ventures.

According to Tokenpost's report on September 5th, the blockchain-based e-cigarette project PuffPaw has secured a $6 million investment in its seed funding round.


This investment round was led by Lemniscap Ventures, with participation from other companies including Vault Capital, Spartan, and Holius Ventures.


PuffPaw is an e-cigarette manufacturer that utilizes blockchain technology to record users' smoking habits. When users reduce their smoking intake, PuffPaw rewards them with their own tokens, which can be used to purchase pods for e-cigarettes. PuffPaw believes this approach can help users quit nicotine addiction.


Notice

1. This article is provided exclusively for professional research purposes related to industry, technology and policy. Any reference to brands or products is made solely for the purpose of objective description and does not constitute an endorsement, recommendation, or promotion of any brand or product.

2. The use of nicotine products, including but not limited to cigarettes, e-cigarettes, and heated tobacco products, is associated with significant health risks. Users are required to comply with all relevant laws and regulations in their respective jurisdictions.

3. This article is strictly restricted from being accessed or viewed by individuals under the legal age.

Copyright

This article is either an original work by 2Firsts or a reproduction from third-party sources with the original source clearly indicated. The copyright and usage rights of this article belong to 2Firsts or the original source. Unauthorized reproduction, distribution, or any other unauthorized use of this article by any entity or individual is strictly prohibited. Violators will be held legally responsible. For copyright-related matters, please contact: info@2firsts.com

AI Assistance Disclaimer

This article may have utilized AI to enhance translation and editing efficiency. However, due to technical limitations, errors may occur. Readers are advised to refer to the sources provided for more accurate information.

This article should not be used as a basis for any investment decisions or advice, and 2Firsts assumes no direct or indirect liability for any errors in the content.

Polish Vape Industry Write to PM: End Excessive Inspections, Communicate, Respect Rule of Law
Polish Vape Industry Write to PM: End Excessive Inspections, Communicate, Respect Rule of Law
Polish e-cigarette firms urge the Prime Minister to stop excessive enforcement, start industry dialogue, and ensure fair, proportionate regulation. They warn current measures risk market instability and gray market growth.
Apr.29 by 2FIRSTS.ai
GEEK MIRACLE Launches Heat-Not-Burn Device Compatible with IQOS Pods, Similar to GEEKBAR PULSE X
GEEK MIRACLE Launches Heat-Not-Burn Device Compatible with IQOS Pods, Similar to GEEKBAR PULSE X
GEEK MIRACLE (HK) LIMITED has recently launched its new heat-not-burn device, the Fasoul STELLA. The product features a design similar to the GEEKBAR PULSE X, equipped with a 3D starry curved screen. It supports the "one cigarette, two puffs" function and is compatible with IQOS ILUMA TEREA and SENTIA pods, although it has not been officially approved by Philip Morris Products SA. The device is primarily targeted at the Japanese market.
Apr.27 by 2FIRSTS.ai
KT&G Supplier ITM Semiconductor Posts $20M in Q1 2025 Heated Tobacco Sales, Up 5.6% YoY
KT&G Supplier ITM Semiconductor Posts $20M in Q1 2025 Heated Tobacco Sales, Up 5.6% YoY
KT&G’s supplier, ITM Semiconductor, posted $20 million in heated tobacco sales in the first quarter of 2025, up 5.6% from a year earlier and accounting for one-fifth of total revenue. Buoyed by rising demand for the Lil Hybrid 3.0 device, the firm plans to expand production capacity at its plants in South Korea and Vietnam.
May.23 by 2FIRSTS.ai
French Anti-Tobacco Group Sues Aroma King Over 6-MN Marketing, Calls for Ban on Synthetic Nicotine Products
French Anti-Tobacco Group Sues Aroma King Over 6-MN Marketing, Calls for Ban on Synthetic Nicotine Products
The French anti-smoking group CNCT plans to sue e-cigarette brand Aroma King for using 6-methyl nicotine (metatin), a synthetic compound that may be more addictive than regular nicotine. CNCT is urging a full ban on all nicotine-like substances to protect public health.
May.26 by 2FIRSTS.ai
China’s STMA Holds E-cigarette Regulatory Press Conference, Discloses Policy Enforcement and Industry Development Guidelines
China’s STMA Holds E-cigarette Regulatory Press Conference, Discloses Policy Enforcement and Industry Development Guidelines
May.28 by 2FIRSTS.ai
BAT Plans to Appoint New Chairman, Successor Expected by 2026
BAT Plans to Appoint New Chairman, Successor Expected by 2026
British American Tobacco is seeking a successor for chairman Luc Jobin, who will step down in 2026 due to governance rules.
Jun.10 by 2FIRSTS.ai