Lympo aim to effectively monetise vital data that is collected through the ledger system-LYMPO

Lympo has the potential to grow exponentially into an industry of its own and can essentially reinvent the manner in which businesses can bond with health-conscious customers. The definitive goal at Lympo is to create the perfect ecosystem for an entire market which can thrive on our platform. We can surely achieve this with the help of our star-studded and renowned batch of advisors from the field of fitness, blockchain and entrepreneurship. We wish to empower you to take a step towards being fit and happy.

The usage of mobile health (mHealth) apps and wearables is ever-growing. More than 52% of smart phone users gather health-related information on their phone. In 2016 alone, mHealth app store downloads totalled 3.2 billion. Health-related data is a precious asset for both individuals and stakeholders in the data-driven sports, health and wellness industry.

However, the users generating this data cannot aggregate, share and monetize it.

Moreover, because it lacks the means to interconnect existing data, the industry cannot unlock its full potential for the benefit of all market players. The rise of mHealth applications has not yet delivered on the promise of digital technology empowering individuals and resulting in better health care and a more connected sports and wellness market.

The Lympo ecosystem resolves this problem. Powered by user-generated and user-controlled fitness and wellness data, Lympo will allow the exchange of value through the introduction LYM utility tokens. Lympo’s goal is an ecosystem where data is used effciently by all industry stakeholders and everyone is rewarded fairly. It consists of three pillars: the Lympo fitness wallet, a marketplace and the Lympo crowdfunding platform.

The Lympo digital fitness wallet and user reward mechanism is at the core of the Lympo ecosystem. The wallet functions as an entry to the ecosystem and allows users to be rewarded in LYM tokens for their healthy lifestyle achievements.

These tokens can be used to purchase goods and services in a marketplace starting from an existing Lympo platform uniting more than 500 fitness professionals and later expanding to a broad network of sports, wellness and health goods and services providers. Finally, LYM tokens will be used on the Lympo crowdfunding platform to invest in innovative data driven companies in the industry which will contribute to the growth of this new ecosystem.

HOW IT WORKS?

FITNESS WALLET AND USER REWARDS MECHANISM

Personal fitness wallet connected to health apps and wearables Token rewards for pre-defined trackable health goals Health and fitness data storage for individual’s future use.

MARKETPLACE

In-platform purchases starting form an existing platform with 500+ fitness trainers Healthy lifestyle goods and services in return for data Tailor-made health and fitness advice based on data users’ and interests

CROWDFUNDING PLATFORM

Innovative industry startups seeking funding and expertise Lympo ecosystem community reviews and ratings for startups LYM token investments enabling access to Lympo user base