Lympo: Monetising Sport and Health Data Via Blockchain

in #cryptocurrency6 years ago (edited)

There will be no substantial progress in health industry without decentralised data collection, analysis and feedbacks. This is the global problem that Lympo is solving.

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According to Ada Jonuse
the CEO of Lympo, in her latest video.
She said Lympo value increased by 60% on coinmarket after it launched on exchange, this is a large increase compared to what is enjoyed by other tokens after pre-sale and ICO (Initial Coin Offer). Listed on Forkdelta, Idex, Cobinhood, and to be listed on many other exchanges in future. Also, the team now enjoy services of new solid and experienced developers, all of these will make Lympo one of the most valuable tokens on ethereum blockchain.

Role of Lympo in Global Health Data Industry.

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Peter Drucker in one if his remarks, he said "what gets measured, gets managed."

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According to Global Wellness Institute, the world wellness market was worth $3.7 trillion in 2015. This is a huge market with so many untapped potentials. Never in history has people been incentivised for giving data to this industry through mobile apps and websites built on blockchain. The role of Lympo is to bring all the players together to achieve common goal. When there is expectation of reward, loyalty is guaranteed. Lympo have the mandate to add value to world health and wellness data through reward system as documented in the whitepaper.

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Creating market place for all health related services and products is a crucial role that will further add unprecedented value to the token, because it will be used as means of payment on the platform. The product belong to patient-generated data or qualified self data commons.

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World Health Organization (WHO) gave mind bugling facts about number of obese people living in the world as at 2016, we are actually living in a world when number of obesity has tripled since 1975. 1.9 billion out of 7.2 billion people in the world are obese and this is a big concern in western world where junk foods are the new trend. But the good news is that obesity is preventable and it can be managed. Lympo have a big role to play in making sport a pleasurable experience.

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Nearly half of the world population is living in poverty, only few people have the financial capacity to buy sport kits or equipment, this is obvious in third world countries. They have valuable assets, but the centralised information hawkers takes these assets with nothing in return. Lympo will change this imbalance, there will be a paradigm shift, users can purchase sport kits and equipment by exchanging information for Lym.

Role of Lympo is so huge, it has a responsibility of making the world healthier.

Places Where Lympo Should Be Implemented

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Wouldn't it be nice if we catch them young?

Becoming healthier while you earn token, this statement by Lympo CEO during her interview with Cryptonews, is the pivot of Lympo. This use case will be beneficial to the youths in high schools and colleges, as higher learning institute is a sieve where significant number of adults must pass through in many societies. Every university have sport centers, I want to see Lympo in these places.

Sports Shows (TV or Radio)

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Live broadcast programs have a way of reaching lots of audience. In Africa, many sport programs are designed to appreciate listeners for being consistent. Lympo can be used by radio or TV hosts as reward token. This way, people will become aware of Lympo use cases.

Impact of 20% Give Away of Lympo Share to Token Holders

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This concept of residual income is one thing that few humans can resist.

No wonder, Warren Buffet said "If you don't find a way to make money while you sleep, you will work until you die." This statement eulogises concept like this.

20% give away will increase confidence of token holders and encourage more cryptocurrency enthusiasts to invest in Lympo token, because this is more like Proof of Stake (Pos).

Future of Lympo rest on shoulders of token holders.

Also, distribution of shares would stabilise the ecosystem, as the community interest and confidence in Lympo grow. The value of any token is based on number of people who are willing to hold it for long term gains, as opposed to swing traders.

How Lympo Will Affect The Way People Workout

Procrastination is the greatest enemy of workout or any form of physical exercise, despite that human get so much benefits from doing it, yet we don't. Importance of workouts cannot be overemphasized, even in the bible, John wrote;

"Dear friend, I pray that you may enjoy good health and that all may go well with you, even as your soul is getting along well."

When sportsmen and women get reward for passion or hobby, the information will spread like wildfire. By implication, more people will be inspired to workout in different parts of the globe, and number of obesity and death due to cardiovascular diseases would reduce.

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Physical strength is prerequisite to mental alertness, the world is in need of people with good mental health. Lympo would contribute towards ensuring this.

Reward for workout is more LYM and better health.

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