Lympo is a healthy lifestyle ecosystem creator that uses the blockchain technology to connect numerous stakeholders. Lympo generates value through the effective monetisation of user-generated sports and wellness data. This valuable information is collected via the blockchain ledger and is then used to reward users by offering LYM token incentives that can be expended on further enhancement of a good lifestyle. Users’ data can also be used to supplement health insurance to induce and sustain a truly healthy society. With the help of numerous advisors from the fields of fitness, blockchain and entrepreneurship, Lympo seeks to foster a viable health transformation.

DESCRIPTION:

• 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 efficiently 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.