What coin is MOODENG?

MOODENG is a blockchain platform that empowers individuals and organizations to measure, manage, and monetize their emotional well-being data safely and securely.

Dec 09, 2024 at 11:19 am

What is MOODENG?

MOODENG is a blockchain-based platform that aims to empower individuals and organizations to measure, manage, and monetize their emotional well-being data safely and securely. MOODENG is building a decentralized ecosystem that enables users to track and analyze their mental health and share this information with healthcare providers and researchers to improve treatments and therapies.

MOODENG's platform includes:

1. Mood tracking app: A companion digital wristwatch and mobile app that tracks users' moods and activity levels in real time and uses this data to provide anonymized insights, and insights that are shared with the user, and optionally healthcare providers and researchers for research and development of products and services.
2. Incentive layer: A reward scheme that encourages participation, including a multi-stakeholder governance model where token holders can vote on decisions related to platform changes, the development of new features, or potential research collaborations.
3. Academic partnerships: MOODENG collaborates with academic and research institutions to advance the understanding of mental health and develop effective interventions.

Key Features and Benefits of MOODENG:

• Comprehensive mood tracking: MOODENG allows users to track their moods and activity levels using a companion digital wristwatch and mobile app, which use various sensors to collect data on the user's daily activities, sleep patterns, and general well-being. This collected data is then processed and analyzed by the wristwatch itself, or optionally the mobile app if in range for further analysis to provide insights and metrics about the user's mental health and overall well-being.
• Anonymized data sharing: Users have the option to share their anonymized mood data with healthcare providers and researchers for research purposes in an effort to contribute to the development of new treatments and therapies and to generally advance the field of research on mental health and emotional well-being through collaboration.
• Mood-based rewards: MOODENG incentivizes users to track their moods and engage with the app and wearable device through a reward system involving MOODENG tokens. These MOODENG tokens can then be used to access exclusive features within the app and on the platform, purchase additional services or merchandise.

MOODENG Token (MOOD)

The MOODENG token (MOOD) is an ERC-20 utility token that facilitates data sharing and governance within the MOODENG ecosystem. MOOD tokens are used for:

• Incentivizing users to participate in the platform and share their data.
• Rewarding community members for their contributions.
• Voting on platform decisions and governance proposals.
• Purchasing premium services and products within the MOODENG ecosystem.