How does Lympo work?-LYMPO

LYMPO.IO

Back in 2011, when the World Economic Forum announced personal data as a new asset class, it was regarded as one of the most valuable and expensive assets. However, it is a hard truth that our personal data is no longer our personal asset.

And in an age and time where users generate valuable data with every step they make, there is a clear trade off. Either the user releases their data holdings, or loses the benefit of sharing their data with the rightful party.

This trade is very painful when it comes to information related to your health. Getting feedback from sports coaches or attention, physical therapists and even a general practitioner can be very important in making a person healthier.

Given this big problem, Lympo is seen as a gift of salvation. This is where it revolutionizes the health and wellness industry, one stakeholder at a time.

With a highly qualified and diligent team that comes from diverse backgrounds and nationalities and has great expertise in their respective fields, Lympo is an outstanding platform. Supported by a highly accomplished and well-known advisor who is a leader in blockchain technology, fitness, technology and assets, Lympo can solve the problem of owning and monetizing personal health data.

Lympo is a sports and health ecosystem backed by artificial data and priceless users who can help generate exponential benefits for industry and user stakeholders.

How does Lympo work?

The Lympo ecosystem consists of an app that is a fitness wallet that rewards Lympo token (LYM) users to share and achieve their health goals. The platform also consists of markets where health products and services can be purchased with LYM tokens. The third wheel in the Lympo ecosystem is a crowdfunding platform that allows LYM token holders to invest in the most promising health / fitness services.

The wallet in the Lympo ecosystem is to share health and fitness data and covers all industry players: personal trainers, fitness centers, sports and health businesses and health insurance.

By tracking fitness and health data on smartphones and hardware, Lympo aims to build a healthy lifestyle and grow the Lympo community. The tokens obtained can be used to pay for fitness, health, and other health improvement products and services.

What are the benefits of Lympo?

1.  Having Ownership of Data Relating to Precious Health

We have all, either voluntarily or unintentionally, become part of the 'quantifying' movement in which smartphones with health data tracking or mHealth applications or sophistication that can be used are constantly being used. While we are busy measuring ourselves, the companies whose products we use are busy collecting data and making a profit out of it. Therefore, there is a strong belief that users should have the data they generate.

Given these challenges, Lympo brings together health and fitness app data aggregators that do not share user data, but allow them to monetize them instead. Users can share data with other stakeholders only if they wish and their approval is recorded on blockchain.

2.  Integrating various segments of the health and wellness industry

We see a growing trend towards aggregation of information across various business, financial and sports sectors, but rarely seen in the realm of mobile health data. Most applications focus on one particular area, and the provider only collects very specific information. Some of the multiple aggregators that allow integration have reluctant users who do not see a real advantage of storing data in one place. The main problem is that integration is derived from the sharing of periodic data on social media, the more data that falls in the hands of the service providers without actually benefiting the users.

However, when the data is shared with eligible parties, it is valuable to offer highly effective and customized services and products. Lympo comes into the picture with a twofold approach to having a digital purse that rewards customers for sharing their data, and has a market where this award, offered in the form of a LYM token, can be used to purchase products and services from the market health and health. In fact, the current Lympo platform allows users to choose from 500+ fitness professionals, dieticians and therapists as well as accessing Smackway or Gympro markets using this token.

3.  Allowing free data flow to benefit all stakeholders

The current race in the mobile health industry is generating a better mechanism for locking users in one platform. This inhibits the integration and sharing of data while valuable information remains stored with one provider. Data protection laws also play a role in ensuring users' personal data moves across businesses as well as across borders with their permissions.

It is important that there is free flow and the sharing of relevant information, while at the same time ensuring the security of this data. Private ownership of sports and health data opens the door for user-controlled data sharing so that the flow of information can be managed by individuals and this can be a crucial answer to the problem of data flow.

Through Lympo, this answer comes true. The single most important feature for our platform users is that they are entitled to determine who can see the data. Instead, they get rewarded with a LYM token to grant access. Therefore, Lympo fulfills the demand for data with supply, but without causing undue influence or exploitation of the supply.

Participate in Lympo PRE-SALE

ICO Lympo is a few months away. However, early adopters can march on January 23, 2018 to become part of the official Lympo PRE-SALE LYM token.

LYM token pre-sale begins on January 23 at 12:00 (London time) and ends on 3 February at 23:59 pm or when the hard cover is reached. 150,000,000 LYM will be sold with a 20% bonus for the first 30 million LYM tokens and 10% bonus for the next 20 million LYM. All remaining tokens will be worth 1 ETH for 30,000 tokens. The maximum threshold during pre-sales will not exceed 10,000,000 LYM tokens, whereas there is no minimum threshold. All unsold tokens will be burned.

To participate in PRE-SALE Lympo or to learn more about this platform, you can click this link to go to Lympo's official website.