ChainCatcher message, AI health technology platform Bitring announced that it will officially launch its new product this month. Founder Kevin Huang stated that the new product will be priced in two tiers and plans to target the overseas market against Oura. Among them, the accessory-grade 24K pure gold ring version will be priced lower than similar Oura products, and the company’s profit model will also shift to software subscription services.
Additionally, the Bitring team revealed that the first phase of buybacks for early investor users has been completed. Due to relevant regulatory restrictions, Bitring explicitly stated that it will no longer provide services to users in mainland China.
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