# 1. Introduction WellthVerse is a new-generation wellness ecosystem that treats not only “healthy living” itself, but also the wellness data generated from it as assets, transforming them into unique digital assets (NFTs / tokens).
This project combines Pixela Inc.’s consumer product development technologies with Web3 technologies to provide a mechanism in which a character called “Welmin” grows based on users’ daily activities (such as walking, sleeping, and stress management) and the data obtained from those activities, forming value as NFTs. By leveraging Pixela’s IoT device development technologies together with high-performance sensors, it is possible to acquire highly reliable wellness data. The quality of this data serves as the source of value for NFTs and tokens, which constitutes WellthVerse’s competitive advantage. This whitepaper presents the concept of WellthVerse, its product structure (applications, characters, items, NFTs, and the Portal), token design, business model, and future roadmap, thereby clarifying the social and economic significance of this project. This document is intended for the following stakeholders: * Wellness users: individuals who wish to build data assets while enjoying healthy behaviors * NFT / token investors: individuals interested in digital assets whose value changes through nurturing and merge * Companies / partners: organizations considering the utilization of wellness data and connections to services and economic ecosystems (healthcare / sports / insurance / IoT) > **Note**: This whitepaper is based on information available at the time of writing and is subject to change without prior notice.
# 2. Vision and Concept of WellthVerse Extending healthy life expectancy” is an important social challenge in developed countries, including Japan. On the other hand, with the widespread adoption of wearable devices such as smartwatches, daily health-related behaviors have come to be accumulated as data. In WellthVerse, such data is not limited to simple records, but is transformed into the growth of Welmin and experiential value, and is further connected to a token economy. \ This realizes a world in which the value generated through health-related behaviors is returned to users themselves.
WellthVerse aims to change this paradigm. By combining Web3 decentralized technology, NFT-based autonomous data ownership and exchange, and smart contracts that enable transparent reward mechanisms, we aspire to bring to life the vision that “Wellness becomes the new currency.”
*——Wellness (a healthy lifestyle) + Wealth (value and prosperity) + Universe (an expanding ecosystem) = “WellthVerse.”* *** Wellness is Your New Currency. *** Walking, sleeping, and maintaining balance. In WellthVerse, such small daily actions are accumulated as wellness data and contribute to the growth of your own Welmin. This is not a simple mechanism such as “receiving rewards for exercising,” but an experience of “Data to Value,” in which your wellness data itself is returned as value. WellthVerse can transform healthy living into an experience of building assets through your own data. In addition, by visualizing your health-related behaviors as the growth of Welmin and connecting them to NFTs and tokens, new experiences and economic value are created. ***ーーYour well-being aligns your body and mind—and in turn, helps align society and the future.*** *Through the **assetization of wellness**, WellthVerse creates a virtuous cycle across **individuals, society, and the economy.*** # 3. Service Architecture and User Journey WellthVerse is composed of multiple integrated services designed to transform real-world actions into digital assets. # 3.1 User Onboarding Flow The typical user journey within WellthVerse consists of the following four steps: *** #### **Step 1｜Device Purchase: Gaining the Gateway to Health Data** * Users purchase a dedicated health IoT device via the official e-commerce site. * The first product is the Re・De Ring, a ring-shaped wearable device. * Each purchase includes account credentials and a setup manual. *** #### **Step 2｜App Integration: Recording Daily Wellness Activities** * Users log in to the **Wellness-to-Earn App** (as instructed in the manual) and pair the device (initially the Re・De Ring) via Bluetooth. * Vital data measured by the Re・De Ring includes: * Heart Rate (HR) / Heart Rate Variability (HRV) * Blood Oxygen Saturation (SpO₂) * Step Count * Calories Burned * Respiratory Rate * Skin Temperature * Daily data is stored in the app, where it is used to calculate a Wellness Data. > *Note: The concept currently referred to as “Wellness Score” may be replaced with an official term in the future.* *** #### **Step 3｜Gamification:** Healthy actions fuel Welmin’s growth and become lasting habits * By obtaining Welmin, users become able to accumulate their daily activities and wellness data as “growth.” Daily actions are visualized, and the design allows users to experience them as a process of “growing.” * Wellness data obtained from wellness devices (such as the ReDe Ring) contributes particularly significantly to the growth of Welmin. The longer these devices are used continuously, the greater the source of growth becomes, which also leads users to feel a sense of achievement in their own wellness activities. * Health-related behaviors are not something that users are “forced to do as a game,” but instead become an experience in which their own assets grow. * Through visualized growth (levels, rarity, and history), a sense of achievement and continuity is enhanced. *** #### **Step 4｜Portal Connection: Accessing the Web3 Token Economy** * The WellthVerse Portal is the gateway that converts the Welmin nurtured by users into NFTs and provides access to the token economy ecosystem. * In the Portal, the following actions are available: * Connect a wallet (e.g., MetaMask) with your WellthVerse account and start managing digital assets. * Welmin / Welmin growth elements / growth history are loaded on the Portal, and you can execute NFT conversion (Mint) or merge. * Nurtured Welmin can be displayed in the Gallery, and while it is displayed, users can earn WELV tokens as consideration for providing data. * WELV tokens can be used for purchasing NFTs, covering the fees required for merge, and buying and selling on the market. * The Portal separates the roles of “nurturing (app)” and “assetization (Web3),” and serves as the place where users manage the process of converting data into assets. ***
# 3.2 Core Service Modules WellthVerse is composed of the following service modules: | **Module** | **Description** | | -------------------------------------------------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | ① Re・De App + Re・De Wellness Products (e.g., Re・De Ring) | IoT products that acquire vital data. Through daily wear and continuous use, health-related behaviors are continuously recorded, and the resulting wellness data becomes growth elements for Welmin. | | ② WellthVerse App (off-chain) | An application that allows users to enjoy the growth of Welmin by using daily activities (such as walking and moving) and data obtained from the Re・De app. | | ③ WellthVerse Portal (on-chain) | A core platform that provides central functions such as wallet integration, WELV token conversion, NFT minting, dashboards, and a marketplace. | | ④ NFT Marketplace | A marketplace that manages the purchase, lending, and evolution of NFTs such as Wellness Growth Acceleration NFTs and Wellness Data NFTs. | | ⑤ Treasury | A dual-layer vault (Hot / Cold) responsible for the secure custody of tokens such as WELV held and managed by the operating entity. Supports multi-signature functionality. | | ⑥ Health Data and Incentive Design | Wellness data such as sleep quality, activity levels, and relaxation levels, as well as continuity (number of consecutive days) and levels of information disclosure, are weighted into scores, and incentives are optimized according to the value of the data. | # 3.3 Web2–Web3 Integration Architecture A key feature of WellthVerse is its architecture in which Web2 (applications and devices) and Web3 (WELV tokens and NFTs) are bridged by the WellthVerse Portal, which functions as the “assetization and connection layer.” * User IDs, wallet addresses, and product IDs (IoT devices) are managed in an integrated manner on the Portal. * When nurtured Welmin is transferred to the Portal, it is converted into an NFT, and by displaying it in the Gallery, users can earn WELV tokens. * By activating NFTs to the application side on the Portal (Burn), the capabilities of the NFTs (such as rarity and growth acceleration effects) are reflected in the application. * “Behavioral data is managed and accumulated within the application, while assetization is carried out on the Portal.” \ This separation of roles constitutes the core architecture of WellthVerse. # 3.4 User Participation Incentives WellthVerse provides **multi-layered incentives** to encourage user participation and engagement: | **Category** | **Description** | | ----------------------------------------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------ | | ① Behavioral Incentives (Data Volume and Quality) | Daily sleep patterns and activity levels are reflected in the growth of Welmin. The speed of growth varies depending on the type, volume, and quality of the data. | | ② Information Provision Incentives (Disclosure Level) | The higher the level of disclosure of health conditions and personal information, the higher the value of Welmin becomes, and the more efficiently it grows. | | ③ WELV Token Utilization Benefits | Benefits such as discounts, priority access, and health support are provided based on the amount held and the holding period of WELV tokens. | # 4. WELV Token and Ecosystem Design In WellthVerse, “WELV” functions as a token that enables the exchange and circulation of value. \ WELV tokens can be earned by displaying Welmin nurtured within the app in the Gallery on the Portal. The WELV tokens obtained can be used as a means to circulate value both within and outside the WellthVerse ecosystem, including purchasing Welmin NFTs, covering the costs required for Welmin merge, enhancing application features, and accessing partner services and related benefits. WELV is a token designed to circulate the value of data generated by users. # 4.1 Positioning of the WELV Token WELV is designed with the following objectives: * To economically return the value of wellness data generated by users back to the users themselves (Earn) * To enable the use and exchange of Welmin / NFTs / application features / partner services (Use) * To allow users to contribute to ecosystem formation through long-term token holding and participation in governance (Hold) * To provide discounts, priority access, and benefit access to WELV holders, serving as incentives for the adoption of products and services (Adopt) WELV tokens circulate within the WellthVerse ecosystem through the following flow: 1. Actions → Growth of Welmin * Data such as sleep, walking, and reduced stress become factors that contribute to the growth of Welmin. 2. In-app Characters → NFTs * Welmin, an in-app character (Web2), is converted into an NFT (Web3). 3. Welmin NFT → WELV Tokens (Portal) * Nurtured Welmin can be displayed in the Gallery, and while it is displayed, users can earn WELV tokens as consideration for providing data. 4. Utilization of WELV: NFT purchases / Welmin merge / application feature enhancement / use of partner services * Tokens circulate as the “fuel” of the economic ecosystem. 5. A portion is Burned or returned to the Treasury * Maintaining a circular economic model in which demand exceeds supply # 4.2 Primary Use Cases of the WELV Token | **Use Case** | **Description** | | ---------------------------------------------------------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | | ① NFT Purchase (Marketplace) | Users can purchase Wellness Growth Acceleration NFTs, Wellness Data NFTs, Welmin NFTs, and others. | | ② Welmin Mergre |

By merge Welmin with other Welmin, rarity and performance can be enhanced. | |
During enhancement, WELV is consumed, and a portion is Burned.

| | | ③ Partner Benefit (Adoption) | WELV tokens can be used at partner companies as a currency for \*\*discounts, priority access, and access to product trials. | | ④ Governance Voting | Depending on the amount of WELV tokens held and the holding period, users can participate in decision-making related to partnerships, new features, campaigns, and more. | *Note: These use cases are subject to modification as the project evolves.* # 4.3 WELV Token Design (Tokenomics) **Basic Information** | **Item** | **Details** | | ------------ | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | Token Name |

WELV

| | Standard | (blockchain to be announced at a later date) | | Total Supply | 1,000,000,000 tokens | | Issuer | Pixela Corporation (planned) | #### Allocation Policy WellthVerse’s token allocation is designed with the highest priority placed on the long-term and stable formation of value across the ecosystem. \ The allocation ratios are predefined and distributed among categories such as user rewards, operations, partnerships, the treasury, and governance. However, depending on factors such as market conditions, business partnerships, and ecosystem growth, adjustments to the allocation may become necessary. \ In such cases, changes will be disclosed transparently and shared with users and holders. Detailed allocation ratios will be published at a later date. # 5. NFTs and the Marketplace WellthVerse NFTs are designed not as mere collectibles, but as “functional digital assets (Value-NFTs)” whose growth and value fluctuate based on the accumulation of wellness data. These NFTs are linked to the growth of Welmin, assigning meaning and value to wellness-related behaviors. # 5.1 Role of NFTs: Functional Assets Powering the Wellness Economy NFTs are divided into the following two categories, each serving a different role. * **Wellness Growth Acceleration NFTs**: NFTs that enhance growth efficiency when data from health-related behaviors (such as walking, sleep, and stress improvement) is converted into the growth of Welmin. * **Wellness Data NFTs**: NFTs in which the continuity and trajectory of improvement of wellness data are accumulated as data, forming unique digital assets. Through these NFTs, users can: * Maximize the value of their daily activity data and increase the growth speed of Welmin (Growth Acceleration) * Own their own wellness data and gain value by circulating it as NFTs (Own / Trade) * Strategically enhance asset value through the combination of growth acceleration × data × merge (Grow) * ・In WellthVerse, NFTs enable intentional asset formation based on “nurturing,” “valorization,” and “choice.” **NFT Use Cases** | **Use Case** | **Description** | | ------------------------------------ | ------------------------------------------------------------------------------------------------------------------------------------------------------------ | | ① Growth Acceleration | Enhances the growth efficiency of Welmin and accelerates the valorization of wellness data. | | ② Growth and Strategy (Gamification) | By merge Welmin with other Welmin, their value can be increased. | | ③ Data Valorization (Sharing) | Wellness data can be held and circulated as NFTs (Wellness Data NFTs), enabling users to obtain value through ownership and distribution. | | ④ Social Significance | Data is provided to research institutions, companies, and others in an anonymized form, building an ecosystem in which wellness data generates social value. | # 5.2 Types and Characteristics of NFTs **① Wellness Growth Acceleration NFT (Growth Acceleration NFT)** * When activated (Burn), the growth efficiency of Welmin is reflected within the application (converted into in-app items and used from within the app). * Example effects: growth multiplier +10%, increased success rate for sleep missions, increased wellness score acquisition, etc. * Through merge, the performance of NFTs can be enhanced or reconfigured. **② Wellness Data NFT (Data NFT)** * Users can select their own wellness data and convert it into NFTs as the growth results of Welmin. * Data NFTs are designed as “NFTs with viewing rights,” enabling circulation to research institutions, medical organizations, and companies. * Metadata is encrypted, and access is restricted to NFT holders only, adopting a structure that protects privacy. * Ownership of the data remains with the user, and the value of the data is returned to the user. # 5.3 NFT Marketplace A dedicated NFT Marketplace will be established within WellthVerse, providing seamless access to NFT transactions and utilities. | **Category** | **Description** | | ---------------- | -------------------------------------------------------------------------------------------------------- | | Primary Sales | Supports both credit card payments and token payments (WELV and others). | | Secondary Market | Planned integration with external marketplaces, with consideration for a proprietary marketplace design. | | Pricing Model | Discount mechanisms available for payments made with tokens. | | Available Assets | Wellness Growth Acceleration NFTs, Wellness Data NFTs, and limited-edition collaboration NFTs. | # 6. Design and Role of the WellthVerse Portal The WellthVerse Portal serves as the central hub bridging off-chain (Web2) applications and devices with on-chain (Web3) functionalities. It securely connects the user experience from apps and IoT devices to Web3 features such as tokens, NFTs, and wallets. *ーーPut simply, the Portal functions as both the gateway and the command center of the WellthVerse economy.* *** **Key Functions of the WellthVerse Portal** | **Category** | **Description** | | ------------------ | -------------------------------------------------------------------------------------------------------------------------------------------------- | | Wallet Integration | Users log in with a wallet compatible with the WELV usage chain and manage the linkage between their application account, wallet, and Welmin NFTs. | | Product Linking | Register product IDs such as the Re・De Ring to automatically link data acquisition with NFT growth. | | NFT Management | View a list of owned NFTs / activate NFTs to the application side (Burn) / perform merge. | | Dashboard | Visualize owned tokens, NFTs, Welmin growth history, and data accumulation status. | *Note: These functions are currently under design and may be modified or released in phases upon launch.* # 7. Device Integration and IoT Data Architecture A defining feature of WellthVerse is its ability to acquire real-world health data in conjunction with IoT devices and convert the accumulation of that data into assets (Value-NFTs / WELV). \ Data obtained from wearable devices such as the Re・De Ring is reflected in the growth of Welmin and is valorized (converted into NFTs). In the future, WellthVerse will expand into an ecosystem that integrates with a wide range of IoT devices and healthcare services, enabling users to build “personal data assets” that they themselves own and utilize. # 7.1 Core Device: First Release – Re・De Ring As the first health IoT device integrated into WellthVerse, we have adopted the Re・De Ring, a wearable smart ring designed for daily use. * **Product Name**: Re・De Ring * **Product URL**: * **Developer**: Pixela Corporation *** #### Product Overview The Re・De Ring is a wearable smart ring developed by Pixela Corporation to continuously capture vital health data.\ Equipped with four high-sensitivity sensors, it enables precise and ongoing tracking of biometric signals. From the collected data, the device provides analyses across categories such as: * *Vascular Age* * *Overall Condition* * *Activity Levels* * *Sleep Stages* * *Daily Wellness Status* *** #### Vital Data Measured * Heart Rate (HR) / Heart Rate Variability (HRV) * Blood Oxygen Saturation (SpO₂) * Step Count * Calories Burned * Respiratory Rate * Skin Temperature ***
# 7.2 Expansion Plan: Integration with Additional Devices At present, WellthVerse is planning integration with devices such as body composition analyzers, which can measure metrics like body fat percentage and muscle mass. Combined with the Re・De Ring, this will allow users to gain a more comprehensive and multidimensional understanding of their physical condition. Looking ahead, WellthVerse envisions expanding into a broader ecosystem capable of collecting and integrating an even wider range of health-related data. As more sources—such as life logs and biometric data—are incorporated, users will be empowered to understand their health from multiple perspectives and take proactive steps toward improvement. Ultimately, WellthVerse aims to evolve into a highly extensible platform that functions as a hub connecting all aspects of daily behavior and health information. # 7.3 Utilization of Wellness Data NFT The following concepts are envisioned for the utilization of Wellness Data NFT: * Health data accumulated over a period of one month or longer can be minted as NFTs. * Only NFT holders are able to view vital data for a specific period. * Sales to research institutions, insurance companies, sports clubs, and similar organizations are envisioned. * An agency sales option, in which Pixela Inc. acts as a sales intermediary, is also under consideration. # 7.4 Publication of Wellness Data NFT and Partner Offer Functions “Wellness Data NFT,” which tokenize users’ health data and life logs, are held in a manner that allows users themselves to choose whether each NFT is set to public or private. When a user sets a specific Data NFT to a public state, certified partners such as medical institutions, pharmaceutical companies, insurance companies, and wellness-related enterprises are able to reference its contents in a limited manner and present offers for the following purposes. * Personalized benefits based on health conditions and lifestyle habits (e.g., health checkup discounts, provision of supplements) * Provision of incentives aligned with trends in health maintenance and improvement (e.g., partner-side points, limited NFTs) * Requests for cooperation in research and service development based on data (subject to the user’s explicit consent) Through this mechanism, users are able to utilize their own health data not merely as records, but as “valuable assets.” \ At the same time, partner companies can obtain insights based on anonymized real-world data and achieve more advanced targeting. *** #### Principles of Offer Management * Partner Registration & Review: Only registered and vetted partners may issue offers. * Explicit User Consent: All offers require the user’s clear approval before taking effect. * Access Control: The scope of accessible data is determined by NFT-level permissions. * Traceable Records: All offers and transactions are immutably stored on the blockchain for transparency. *** This feature is designed as part of a self-sovereign data management model and represents a new health incentive framework for the Web3 era. # 8. Roadmap WellthVerse is a project that evolves together with its users and partners.\ This roadmap outlines the key milestones as of today and will be flexibly updated in response to project progress and environmental changes. *** **2025 Q3 (July–September)** * Launch of the WellthVerse teaser site & whitepaper * Establishment of official WellthVerse X (Twitter) and Discord community *** **2025 Q4 (October–December)** * Launch of the new product “Re・De Ring Gen2” (enhanced performance) *** **2026 Q1 (January–March)** * Development of the WellthVerse app / Portal *** **2026 Q2 (April–June)** * Closed beta release of “WellthVerse” *** **2026 Q3 (July–September)** * Public development of the WellthVerse app / Portal *** **2026 Q4 (October–December)** * Public release of “WellthVerse” * Start of sales for the “Web3 Exclusive Model Re・De Ring (tentative)” * Launch of Data NFTs and partner offer functionality *** **2027 Q1 (January-March)** * Partnership announcements (wellness data integration partners, research institutions, etc.) *** **From 2027 Q2 (April onward)** * Official release of the WELV token (targeting IEO) * Integration of new wellness devices (Re・De Scale and others) * Start of overseas expansion (launch of English version of the app and website) *** > ***Note:** This roadmap reflects the plan as of the whitepaper’s publication. It may be modified depending on development progress, market conditions, and partnership developments. Updates will be announced through the official website and community channels as appropriate.* # 9. Revenue Model and Sustainability Design WellthVerse adopts a hybrid revenue model that combines: * Product Sales * Web3 Token Economy * Health Data Circulation This approach is designed not only to generate annual revenues, but also to ensure the sustainable growth of the ecosystem and the creation of long-term cash flows. # 9.1 Primary Revenue Streams of WellthVerse | **Revenue Stream** | **Description** | **Type** | | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ---------------------- | | ① IoT Device Sales | Direct revenue from the sale of Pixela-manufactured IoT products such as the Re・De Ring, designed for health data collection. | Web2 | | ② Primary NFT Sales | Revenue generated through the sale of Wellness Growth Acceleration NFTs and *Data NFTs* on the WellthVerse Marketplace. | Web3 | | ③ Secondary NFT Trading Fees | Platform receives transaction fees (creator royalties) from peer-to-peer NFT trades among users. | Web3 | | **④** In-app Purchases |

・Within the WellthVerse app, various digital services are provided to enhance the quality of user experience and encourage long-term engagement. | | |
・Examples (to be finalized once planning is further refined): Premium display features that visualize Welmin’s growth status and history in greater detail, functions for analyzing and reviewing activity logs, participation in limited-time events, and other paid features that expand experiential value.

| Web2 | | | ⑤Fees for Various Portal Functions |

・Within the WellthVerse Portal, usage fees are charged for various functions related to the management, display, and utilization of NFTs that represent Welmin’s growth results. | | |
・Examples (to be finalized once planning is further refined): NFT issuance (Mint), listing on the Marketplace, transaction fees upon successful trades, application of display and decoration options, history management and certification functions, and other functional usage associated with NFT utilization.

| Web3 | | | ⑥ Data Agency Sales | Revenue from providing user-authorized health data—either directly or in aggregated form—to research institutions and enterprises. | Web2.5 (DePIN element) | *Note: For revenue streams involving Web3-related functionalities, particularly those utilizing tokens, all operations will comply with relevant domestic regulations and the guidelines of IEO exchanges. Policies will be disclosed and adjusted as needed to ensure both user protection and a healthy economic cycle.* # 9.2 Revenue Structure and Value Sustainability through WELV Token Circulation In WellthVerse, the design of “Earn → Use → Redistribute (circulation)” for the WELV token balances continuity of user experience with the project’s economic sustainability. * Welmin grows through users’ daily health-related behaviors. By displaying the grown Welmin as an NFT in the Gallery, users earn WELV (Earn). * WELV has clear use cases (Use), such as purchasing NFTs, Welmin merge, and utilization at partner services. * Certain NFT-related functions are designed with usage fees, a portion of which is not removed from the market through Burn, but instead recirculated to the Treasury (Redistribute). * As a result, the project generates revenue from NFT sales and NFT-related fees while optimizing the circulating supply of tokens. Through this design, WELV circulates not as a “token for trading,” but as a “utility token consumed through real-world actions,” achieving healthy and sustainable value maintenance. # 9.3 Sustainability Design and Scalability WellthVerse is structured to avoid dependence on any single revenue model or user behavior, instead leveraging multiple revenue streams and flexible external expansion opportunities. * Stable Revenue through IoT Devices: Continuous sales of products such as the Re・De Ring and body composition analyzers provide a reliable revenue base. * Repeat Purchases via NFT Features: Themed updates, boost functions, and limited-edition items within NFT offerings encourage ongoing user engagement and repeat transactions. * B2B Revenue from Anonymized Data: Aggregated and anonymized user health data can be utilized by research institutions and enterprises for analysis, creating additional business opportunities. * Diverse Partnerships with Real-World Sectors: Potential collaborations with medical institutions, insurance companies, municipalities, and wellness service providers. * Global Expansion and Integration: Future opportunities include international rollout, multi-language support, and API integrations with external services. Through these strategies, WellthVerse aims to build an ecosystem that is sustainable and future-proof, not reliant on temporary Web3 hype, but grounded in addressing real-world societal challenges while enabling long-term growth. # 10. Governance and Security Design WellthVerse adopts a governance and security framework that ensures both transparency in decision-making and robust protection of the ecosystem. While placing strong emphasis on the core Web3 values of decentralization, self-sovereignty, and openness, WellthVerse is equally committed to establishing a reliable operational foundation that can withstand the demands of real-world implementation. # 10.1 Governance Policy: A Co-Creation Model with the Community WellthVerse is exploring a governance mechanism where project evolution is decided together with users and WELV token holders.\ Through this structure, users are not merely participants but become co-creators actively shaping the direction of the project. | **Item** | **Description** | | ------------------------- | ------------------------------------------------------------------------------------------------- | | Voting System | Holders of WELV tokens can vote on governance proposals in proportion to their holdings. | | Proposal Topics | Incentive design, NFT themes, marketing strategies, selection of partner organizations, and more. | | Regular Governance Rounds | Governance voting planned on a quarterly basis. | *Note: These governance mechanisms are currently under design and may be modified or released in phases upon launch.* # 10.2 Security Design: Balancing Decentralization, Practicality, and Deterrence The security framework of WellthVerse combines decentralized design, inherent to Web3, with practical centralized controls to ensure real-world operability and user protection.
**User Protection** | **Risk** | **Countermeasure** | | ------------------------ | ------------------------------------------------------------------------------------------------------------------------------------------------- | | Device Theft or Loss | Users can submit a “loss report” via the Portal → Smart contract halts Earn functionality between the affected device and wallet. | | Unauthorized Access | Login requires signed authentication. | | Wallet Replacement | Wallet changes can only be approved via manual verification by the operator, with re-registration of ID linkage (no automatic updates permitted). | | Fraudulent NFT Transfers | NFTs can be restricted by wallet-level settings (e.g., non-transferable mode when locked). | #### Smart Contract Security * External security audits are conducted to verify the safety of core contracts. * WELV tokens, NFTs, and exchange-related functions are designed based on the principles of least privilege and owner-based restrictions. # 10.3 Token Custody and Treasury Design To strengthen governance and mitigate fraud risks in the WellthVerse ecosystem, a two-layer Treasury structure will be implemented for managing project-owned assets: a Hot Wallet and a Cold Wallet. | **Type** | **Features** | **Use Cases** | | ----------- | ------------------------------------------------------- | ------------------------------------------------------------------------ | | Hot Wallet | Managed through multi-signature smart contract wallets. | Daily payments and immediate transactions. | | Cold Wallet | Offline storage using devices such as Ledger. | Long-term secure custody of WELV tokens, NFTs, and other digital assets. | #### Security Measures * Ledger devices stored securely in physical vaults. * PIN codes and key information are separated across different administrators. * Wallet key duplication or reconfiguration requires manual multi-party authentication. # 11. Operating Entity, Partnerships, and Community Structure コミュニティ **Operating Entity** | **Company** | **Role** | | ---------------------- | ------------------------------------------------------------------- | | **Pixela Corporation** | Project owner, service operator, device development & manufacturing | *** **Partnership Strategy** WellthVerse actively seeks to explore and execute various forms of partnerships, including: * **Medical & Research Institutions** * Providing access to Wellness Data NFT * Collaborative research on correlations in health data * Corporate licensing for medical institutions * **Fitness & Healthcare Companies** * Offering benefits through WELV token and NFT integrations * Joint campaigns (e.g., exclusive NFTs, promo codes) * **Retail & E-Commerce Companies** * Product collaborations utilizing WellthVerse NFTs and WELV tokens * Reward-based campaigns tied to wellness improvements * **Other Web3 Projects** * Design and skin collaborations with external NFT projects * New use cases through integration with GameFi and SocialFi ecosystems *** #### Community Structure WellthVerse will also promote a robust community-driven framework, including: * Engagement communities centered on Discord and X (Twitter) * Grassroots fan-building via exclusive NFT distributions and special events for early participants * Future introduction of an Ambassador Program and a Community DAO funding system # 12. Conclusion A New Economic Sphere Brought by WellthVerse WellthVerse is a Web3 project that realizes a world where *“everyday healthy actions become a new currency.”* In this project, user health data is acquired through IoT devices such as the “Re・De Ring” developed by Pixela Inc., and a “Wellness to Earn” model is adopted in which tokens are provided based on that data. Going beyond the conventional “visualization” of health data, the project challenges the assetization of behavior, the systemization of motivation, and the establishment of sovereignty over personal data. *** **Core Values Delivered by WellthVerse** | **Stakeholder** | **Value Proposition** | | ------------------- | ----------------------------------------------------------------------------------------------------------------------------------------- | | Users | Earn rewards through healthy behaviors and establish sustainable wellness habits. | | Society | Contribute to reducing medical costs, promoting preventive healthcare, extending healthy life expectancy, and modeling behavioral change. | | Healthcare Industry | Enable user-driven health improvement and support product development through real-world data insights. | *** #### For Partners, Exchanges, and Collaborators WellthVerse actively seeks partnerships and collaborations with: * Domestic and international exchanges / IEO partners * NFT and Web3 projects for joint initiatives * Healthcare, fitness companies, and local governments for cooperative projects * Universities and research institutions interested in utilizing health data We also welcome early participation from users.\ Every individual’s daily efforts to “align and improve” their wellness contribute directly to the growth and value of this project. *** *ーー**Toward a world where Wellness becomes the new currency.***\ *We are committed to connecting the value of a healthy lifestyle with the broader economy and society.*\ *WellthVerse is the starting point for this transformation.* # Disclaimer The information contained in this whitepaper is provided solely for the purpose of sharing details regarding the project’s vision and technological development.\ It does not constitute, and should not be construed as, an offer, solicitation, or recommendation to acquire, sell, trade, or invest in any specific cryptocurrency, financial product, or token. This document may include forward-looking statements and future plans that are subject to change without prior notice.\ No guarantee is made regarding the accuracy, completeness, or timeliness of the information presented. Neither the company nor the project team shall be held liable for any damages or losses arising from reliance on the information contained in this whitepaper.\ Readers are advised to understand and accept these terms before referencing this document.