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

Sep.05.2024

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.

References:

[1] 블록체인 기반 전자담배 제조사 퍼프포, $600만 시드투자 유치

Also Read:

[1] Ispire Collaborates with Berify and Chemular on Blockchain Technology

#North America #United States #Pod system e-cigarettes #Major companies

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