Lympo and its role in the global health data industry

The time has come for Lympo to take the crypto game to the next level. Lympo has decided to distribute 20% of its company shares to various community — the LYM token. But that is not all.

According to the Lympo CEO Ada Jonuse, “Lympo’s aim is a token with the real long term value, a real use case inspiring people to be healthier and mass market adoption independent from the entire crypto economy. Our mission is to grow Lympo to a powerful company and to conduct an IPO (initial public offering) in the future. In contrast to traditional businesses, we want our community to be a part of this journey. And that is why a decision was made by the team to offer a total of 20% of Lympo shares to our token holders.” Source: medium.com (https://medium.com/@lympo.io/hold-on-to-your-helmets-we-are-distributing-company-shares-to-lym-token-holders-e0030d886e84)

It means that:

1. real participation in the company decision making for holders;

2. real transparency for thousands of lympo contributors;

3. real value for LYM token supporters in the crypto space.

What does Lympo Have in store
Lympo has decided to play a major role in the global health data Industry. This laudable move will allow token holders to be even more involved with the lympo company as well as incentivize users to be involved for the long-haul as Lympo moves forward with completely changing how health data is treated basicallay for its users.

The plan
Starting in April, 2018 Lympo will offer via the means of equity options a 20% of the company shares to thousands of LYM token holders around the world. This is no joke. It is huge as the company plans this. In the 2019, Lympo shares will be distributed in a number of rounds as it has designed. A limit of max 1% ownership of this pool will prevent the domination of a few big holders. The distribution will be based on the number and the duration of the tokens held, expressed in a number of points to be constantly updated in a public data base for this purpose.

Soon there will be an announcement, a detailed scheme on who will be eligible to become a company shareholder at when exactly. Incredibly, we are excited to be sharing these groundbreaking news as it is our desire and hope that this huge step will truly empower the Lympo community by setting a positive example to the crypto world.

This proposal has been endorsed by the Blockchain Center Vilnius. The Blockchain Center in Lithuania together with its network centers in Melbourne and Shanghai serves as a global tech hub for blockchain innovation such as these.

The Lympo blockchain starts with its users/ holder. It consist of an App similar to the popular Stravia cycling and running app. In this app Lympo users will be able to determine which activities of theirs they want tracked,and will be compensated with Lympo for completing certain miletsones or tasks.

Tasks such as:

Run a mile or more and Earn some Lympo!

Beat your speed record and Earn some Lympo!

Break the local weight record and Earn some Lympo!

The possibilities are truly enormously endless.

These data users provide through the app will then be transferred to fitness and health companies that can effecrively use these data for improve their services. They can use this data to determine which products can be improved to help the end user perform better. The data can also be used for companies like insurance companies to determine better rates, or different offerings to customers. The products and services that could be improved through partnerships with the Lympo team are truly exciting and we are eager to run with it.

There are also exciting opportunities for local gyms to partner with Lympo based on the above information. This will evulve over time because of the possibilities there in.

I would love to see the App being used by Universities and High schools in their sports competition. This would further help the athletes general performances. The old and young alike are all welcome to use this app because of what it promises to deliver to its users.

Find this contest: https://steemit.com/cryptocurrency/@originalworks/310-steem-40-bonuses-sponsored-writing-contest-lympo

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