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.
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