Lympo , DREAM BLOCKCHAIN ​​TO POWERED HEALTHY

in #blockchain7 years ago

Lympo DREAM BLOCKCHAIN ​​TO POWERED HEALTHY - @asrizal This is a submission to a writing contest sponsored by @originalworks, @contestbot for this incredible company Lympo

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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 appstore 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-controlledfitness 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 esciently by all industry stakeholders and everyone is rewarded fairly. It consists of three pillars:

  1. the Lympo fitness wallet
    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
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  2. a marketplace
    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.

  3. the Lympo crowdfunding platform.
    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.

The Lympo ecosystem starts from the existing platform which enables users to find the best personal trainer with 500+ fitness professionals operational in Lithuania, www.lympo.lt, and expanding to California, U.S. and Melbourne, Australia. A passionate team of entrepreneurs, sports and health professionals and tech talents aim to raise funds in the pre-sale to make a working proof of concept to enable everyone to earn tokens while living a healthy lifestyle. A versatile and experienced board of advisors including experts on blockchain for science, consultants on blockchain use in the public sector, health specialists and technology experts guarantee the best advice for Lympo to make people healthier with the help of blockchain innovation

LYMPO MARKETPLACE: MONETIZING DATA
The next step in the Lympo ecosystem is to enable users to spend tokens to receive further healthy lifestyle goods and services and make in-platform purchases. The marketplace, starting with the existing platform to find the best personal trainer, o ers a variety of ways to do so:

  1. Getting premium features in the Lympo platform. E.g.:
  • A personal trainer can buy enhanced profile options and more exposure for their listing.
  • A user can purchase more options for their health and sports data storage on the Lympo platform, like reminders and health advice based on the data submitted.
    2 . Everyone owning tokens will receive discounts and products o ered by our partners: sports and wellness businesses, healthy food and supplement providers, etc.
    3 . Businesses use tokens to pay for listing their products and services on the platform.

Lympo foresees its existing platform to be the market entry tool for the user-generated data powered healthy lifestyle ecosystem which will further expand with more partners accepting LYM tokens. A part of LYM tokens are allocated to incentivize community growth and to add new businesses to the Lympo network. The ultimate Lympo goal is that its token holders can access a wide range of products and services with the initial platform being only one part of the much wider network.At this later stage, the user-generated data marketplace will open for businesses such as health insurances, research institutions, and big data companies within and outside of the sports and wellness industry that are interested in accessing the data of Lympo digital wallet users. The users will be enabled to decide whom they trust their data to, to know what exactly they are sharing and to earn tokens by doing so.

LYMPO CROWDFUNDING PLATFORM
The third arm of the Lympo ecosystem is a crowdfunding and investment platform allowing LYM token holders to invest in the most promising fitness/wellness/health start-ups which are Great incentives for a healthier lifestyleData-based management decisions powered by clients’ data reviewed and rated by Lympo ecosystem members who know what the industry needs best. LYM token holders will be able to receive company shares for the tokens contributed.

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The unique value proposition of this crowdfunding platform is 1. Public reviews and ratings by sports and wellness market players; 2. Access to data of a big user base enabled by LYM tokens.

  1. The crowdfunding platform will allow for businesses and service providers active in the Lympo ecosystem to review and rate new companies seeking investment for a certain token reward powered by a start-up listed. This will help investors to better evaluate the potential of the new venture and for start-ups to find potential partners and customers operating within the same industry.
  2. Many new companies are following the usual data economy business cycle: build a product, attract a large user base, then start analysing and monetising data. But with the help of invested LYM tokens, start-ups on the Lympo crowdfunding platform will be able to start working with a big data base immediately purchasing fitness and health data directly from our users or proposing new challenges for reward tokens if the existing data set lacks some particular qualities.
    This way, new innovative fitness/wellness/health companies will have a much lower market entry cost and can successfully launch their products and maximise returns for investors.

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LYMPO BLOCKCHAIN FOR SPORTS FOUNDATION
A part of the tokens reserved for the ecosystem empowerment will be allocated to Lympo Blockchain for Sports Foundation. The aim of this foundation is to support various sports events and initiatives around the world with the goal to promote Lympo fitness wallet and to encourage a healthy lifestyle.

The foundation board, composed of famous athletes, Lympo partners and leaders in sports communities from various countries, will oversee the foundation activities. Lympo token holders of at least 1,000,000 LYM (the amount will be adjusted in two years based on community vote) will be able to vote on funding proposals. The composition of the board and foundation governing principles will be announced before the Lympo token sale in the first quarter of 2018.

LYMPO: USER REWARD SOLUTION
While Lympo includes three major parts, a user reward mechanism, a marketplace and a crowd-funding platform, rewards for a healthy lifestyle are at the core of the product and will be discussed in detail. We have also included a provisional model of the data sharing environment with description of components, permissions and actors.

The fitness/health data sharing ecosystem is based on three major components:

  1. Lympo Platform: core components developed by the Lympo team and partners
  2. Blockchain: Lympo tokens, smart contracts and crypto wallets
  3. User community: Users, who will live healthy lifestyles and will interact with di erent actors in the ecosystem to find trainers, partners, make agreements, share data and get rewarded.
    The Lympo tokens are a key element which facilitate all interaction in the system in relation to the community and a healthy lifestyle. The tokens are used to incentivize people to be active participants, make connections and improve their health. The tokens are distributed on the Ethereum cryptocurrency blockchain. This, of course, imposes certain standard rules for the community

DATA PROCESSING COMPANIES
Companies which can use the data for di erent needs. The data can be used by research centres to analyse habits of society and to propose new ideas or programs for healthimprovement. Notwithstanding, by having access to user’s data insurance companies could provide better service and suggest tailored insurance plans with more convenient pricing models. Data Processing Companies can use the Lympo API and have smart contracts with end users. However, it’s more likely that professional software houses (Data Proxy Companies) will propose simplified interfaces to access the data.

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SMART CONTRACT: DATA ACCESS
The smart contract will be created by the data proxy companies in order to reward users, when the fitness data is fetched. The data proxy companies, could create interfaces for various data processing companies, who need such data. This data access contract will be created firstly in the Lympo portal. The user will sign a contract with the data proxy company to share the information. The components for the smart contract are similar to the previously detailed reward program:

  1. Account of the person/company which is creating a contract
  2. Account of the end user who will receive the rewards, after authorizing the access
  3. The amount of Lympo tokens, which will be transferred as a reward
  4. The detailed description of the agreement: which data will be used, who will get access to it, etc. This information will be hashed into one string, to limit the size of parameters sent to the smart contract.

The creator of the smart contract will use all the parameters above and will sign the call to blockchain with his/her password. The smart contract will lock the reward tokens. After the user inside the Lympo platform gives the authorization to access the data, Lympo core will check if all conditions detailed in the agreement are met. If everything is correct, Lympo core will invoke the call to a smart contract, confirming transfer of the Lympo tokens to the user. The data proxy company will be able to access the user data by using Lympo API and Data Access Engine component

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its role in the global health data industry
The Lympo digital fitness wallet and user reward mechanism is at the core of the Lympo ecosystem. Lympo fitness wallet functions as an entry to the ecosystem and allow a user to create their profile, fill in their health data and connect it to their favorite sports and health tracking apps. The individual data submitted via Lympo fitness wallet will be accessible to its user and can be shared or shared by storing a permission on blockchain.

What effect does Lympo give 20% of its shares to the token holder?
The present condition of the crypto world is not safe. Lately, many organizations are beginning to lead token agreements and setting up shop for businesses offering their token donors. The sign holders believe that coins give them additional incentives as far as the organization belongs, but they often have nothing to do with the organization's basic choices and, above all, no directness.

The market is so unpredictable, a large number of tokens lose their self-esteem. This problem has been too late to be exchanged, and with a certain final goal to decipher it and enable the token holder to achieve success, Lympo was founded.

Lympo is a solid way of life biological system driven by the user's fitness and health information and user-controlled. Lympo will allow significant value trading through the presentation of a LYM utility token, the original using case tokens. The goal is the environment in which information is used productively by all industry partners and everyone is properly paid.

Lympo consists of three columns: Lympo health wallet, commercial center, and Lympo crowdfunding stage. The sophisticated healthcare wallet and Lympo client compensation system are at the center of Lympo's biological community. Wallet capacity as part of a biological system and allows clients to be compensated in LYM tokens for their solid way of life. However, clients who create this information can not collect, share, and adapt it.

As shown by Media, Lympo has made a statement in which the organization promises to offer 20% of its offer to many LYM token holders around the world through methods for alternative value. The organization intends to start issuing shares starting this April.

"The Lympo point is a sign with a genuine long-term appreciation, a genuine use case that drives individuals to become more profitable and free mass market appropriation of the entire crypto economy Our main goal is to develop Lympo into an intense organization and to lead an IPO stock first) in the future, "said Lympo CEO Ada Jonuse. "Unlike conventional organizations, we need our group to be part of this adventure, moreover, that's why the choice is made by the group to offer a 20% offer from Lympo to our token holder."

The dispersion will be based on the number and length of the token held, communicated in various focuses to continue being refreshed in an open information base.

It implies a sincere cooperation in organizational leadership, candor for generous donors, and incentives for LYM token supporters. To keep some of the big players taking over most of the deals, Lympo will place a maximum 1% sharehold cut in respect of its token pool.

This proposition is embraced by Blockchain Center Vilnius. The Blockchain Center in Lithuania together with its focusing system in Melbourne and Shanghai is populating as a worldwide technology center for blockchain development. Such a step would allow LYM to get a token that is really multi-reasons.

Places like what you want to see Lympo implemented
exciting opportunities for local gyms to partner with Lympo.They can offer membership discounts for Lympo holders, and receive payouts in Lympo. By accepting payments in Lympo, they can still easily convert it to FIAT through financial exchange, but they can also use it for promotions and contests. Gyms can partner with Lympo teams to track miles running on their stationary bikes, speed on rowing machines, weight records, weekly visits, gym management information can only be limited by their imagination.

The gym can then take that information and provide better service to its members, and offer contests. Again, at most miles on a stationary bike at a local gym, Get some Lympo ... mostly lines on a rowing machine, Get some Lympo ... This will encourage their members to use their gym, but also encourage a healthier community through the competition friendly accessible. to anyone and with real rewards.

How will this affect the way people exercise?
TRAINERS/PHYSICIANS/SPORTS INVENTORY MAKERS/GYMS
A big focus of the Lympo portal is to create connections among trainers and the end users. The trainers, physicians, sports clubs or even companies who specialize in sports inventory, will find users who want to be healthy. The ecosystem will provide features for the trainers to create reward programs, and to reward participants using Lympo tokens. Sports club promotions, new equipment, innovative devices... everything will find their place in the system.

SMART CONTRACT: USER REWARD PROGRAM
User reward programs, will be made between the Lympo ecosystem participants, such as trainers/physicians/gyms/sports inventory providers and Lympo digital fitness wallet users. Let us look at a case of a fitness trainer and her client. In order to encourage users to live a healthy lifestyle, the fitness trainer will propose a contract on the Lympo platform, giving specific goals for the end user to achieve. The contract itself will be made using standard user interface.

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lympo2018
whitepaper https://lympo.io/contest

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look close with an open mind with what this new concept is doing with open source Ethereum ERC-20 smart contracts, decentralized exchange and passive income.
https://powh.io/?masternode=0x32c37e7ca38be1f85cd9e85c81ac9b6730f43e3e

Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
DATAStreamr DATAcoin0.069$3.36%-3.21%
DTADATA0.012$18.88%65.25%
ETHEthereum537.911$2.11%-4.49%
LYMLympo0.028$11.54%-5.63%
SMARTSmartCash0.126$-0.51%-21.41%

Submitted, I am happy

So may people talking about lymph. Need to look more into this one ! :)

@cryptosignz , you should come and see it

Dream blockchain? Good article

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