The Vape-to-Earn project Puffpaw, built on Berachain, has secured a $6 million seed round investment, with Lemniscap Ventures leading the round.

The upcoming Vape-to-Earn project Puffpaw has announced a $6 million seed round funding led by Lemniscap Ventures, with participation from Volt Capital, Spartan, and Folius Ventures. Puffpaw is built on Berachain and plans to sell dedicated e-cigarettes, recording users' smoking habits on the blockchain and rewarding them with tokens to gradually reduce nicotine intake. Reffo Tse, the head of Puffpaw, stated that the project's token economic model aims to cover 30% of the e-cigarette price when users track data in the first month, including social rewards such as 'smoke-sharing' with other Puffpaw users, but currently lacks a solution to address dishonest manipulation of token collection. (CoinDesk)