The post Lightspeed Newsletter: Reviewing the Cudis smart ring health tracker appeared on BitcoinEthereumNews.com.

Today, enjoy the Lightspeed newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Lightspeed newsletter. Howdy! If there’s one thing I love, it’s getting to play with a new gadget, which is exactly what I did with today’s edition and the Cudis smart ring, or as my roommates have taken to calling it: the crypto ring. My take on the new Web3 wearable: Solana smart ring Cudis very much a work in progress Cudis is a new smart ring tracking health data and offering an AI health coach while also planning to encrypt data and offer token incentives via the Solana blockchain. The startup has a kickstarter feel to it — it sold out its first batch of 1,500 discounted rings in 10 days in early May. Cudis has sold over 3,000 of its second tranche of 8,500 rings, CEO Edison Chen told me. Chen said the current Cudis app is “nothing close” to a final version because the team wants to build the app “together with the users,” applying their feedback along the way. I wore the Cudis ring for a week. The ring and its associated app seemed to track my data accurately, but the team’s build-the-plane-as-you-fly mentality has drawbacks that show in the app’s unfinished feel. On a more disconcerting note, the app’s AI coach was tracking parts of my health data that it possibly wasn’t meant to be tracking, I learned. The app’s hardware was communicating my blood pressure and blood oxygen levels to my AI coach, which caught Chen by surprise in our interview. Chen started working on Cudis in August 2023. Before that, he worked at Chinese venture capital firm Plum Ventures and personally invested in consumer tech, he told me. In its current form, the Cudis app displays…

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Filed under: News - @ June 20, 2024 8:16 pm