What is Puffpaw and why will $VAPE, Puffpaw's governance token, generate trading volume on Polymarket?

What is Puffpaw?

Puffpaw is a platform that transforms everyday consumer hardware into mining machines, gamifying the experience for 3.5 billion next-generation users to drive healthier lifestyles.

Their first product, a non-nicotine smart vape, is designed to help users quit smoking by reducing their nicotine intake through a structured and gamified vaping experience. By combining traditional vaping with blockchain technology, Puffpaw offers a transparent and accountable system that ensures users can track their progress and earn rewards as they work towards quitting nicotine.

As of today, Puffpaw's traction:

• 4,000+ retail locations in 8 countries & Naver & Amazon
• Over 80k devices sold with 85% retention in 12 months.
• $11M total revenue, $1.1M MRR, 75% gross margin.
• Team from Pepsi, NYU, Columbia, Aspire with 76M devices sold globally.

$7M raised from Lemniscap, Volt capital, Spartan, and leading industry partners.

Why I believe this will generate significant trading volume:

Since Gen2 Pro was launched (on November 13):

40,000 Gen2 Pro Vapes have been sold (priced at $66.80 each), for a total valuation of $2,672,000.

35,181 boxes of pods have been sold (priced at $48.80 each), for a valuation of $1,716,840.

Global mining efficiency has increased by 45.6%.

https://x.com/puffpaw/status/2003099396721025456?s=20

Global Mining Efficiency represents the combined mining power of all active vape devices, calculated as the sum of:

• Base mining efficiency
• Social mining efficiency (earned through referrals and completing social tasks)

For a detailed explanation of these terms, refer to the Mining Efficiency Economy section in the Puffpaw Whitepaper.