PuffPaw completes $6 million seed round led by Lemniscap Ventures

On September 5th, according to CoinDesk, PuffPaw, a platform on the e-cigarette chain, completed a $6 million seed round of financing, led by Lemniscap Ventures. PuffPaw will be based on the Berachain network.
It is reported that the Puffpaw project plans to launch a blockchain-empowered e-cigarette, which aims to help users reduce their nicotine intake through token incentives. The project encourages users to quit smoking by recording their smoking habits and rewarding them with tokens. Puffpaw's token economics aims to cover 30% of the cost of users using its product in the first month, as well as providing social rewards. The project also considers possible system abuse, but it is not clear that users may be dishonest in reporting smoking habits.