LYMPO 'HEALTHY LIFESTYLE ECOSYSTEM'

kokowannabe (28)in #blockchain • 6 years ago

What is LYMPO?

Lympo aims to create an ecosystem powered by user-generated and user-controlled fitness and wellness data allowing the exchange of value through the introduction of LYM utility tokens. Lympo’s goal is a marketplace where data itself is used efficiently by ecosystem members and everyone is rewarded fairly.

The ecosystem is composed of three main parts:

The Lympo digital fitness wallet and user reward mechanisms;
Lympo marketplace;
Lympo crowdfunding and investment platform.

How Does that Work?

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 allows a user to create their profile, fill in their health data and connect it to their favourite sports and health tracking apps. The individual data submitted via Lympo fitness wallet will be accessible to its user and can be viewed or shared by storing a permission on blockchain.

The rewards issued by market players interested in having direct access to Lympo digital fitness wallet users can be of two different types:

A reward for achieving a healthy lifestyle goal, i.e. running 5 kilometres or following a precise diet and submitting app records to Lympo profile.
A reward for checking into a particular location for a specified amount of time, i.e. joining a gym class or attending a karate competition.

What is 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.

Market Place

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

LYMPO ECOSYSTEM