Lympo revolutionalizing the sport and health industry

in #cryptocurrency7 years ago

Dorth Creations:

If I may ask the following questions

*How often do you check up on your health status?

*How often do you hit the road in the bid to get back your fitness?

*How frequent are you in meeting up with your fitness plans?

*How much attention do you pay to what you eat per time?

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Okay, the above are just few of the unanswered questions in the health and safety industry. Many of us find it hard to keep up with these activities which in the long run would have a positive effect on out lives. Many have lived a life that has made their health deteriorate a big deal because we do not go for check-ups. Others have taken a wrong diet that have made them physically and psychologically unbalanced. mAny have gone obese or had a heart problem by the mere fact they haven't done those easy jogs early in the morning once in a while.

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Lympo

Lympo is an initiative the blockchain of decentralization and incentives have brought upon us.As we all know, one of the cardinal points of the blockchain is decentralization and an incentive system. The Lympo project is being targeted at the health sector to address majority of the points raised above.

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Just like we have the system on steemit wherein We get paid for what we put up right here. While some they get paid for what they love doing, some others get paid for what they forced themselves to do. That's the advantage of the incentives system. This same way and ideology is what Lympo is bringing to the sports and healths sector. The aim being to reward holders for their participation in sports and health, this is done through accurate record keeping of your activities.

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It is safe to say that this ecosystem is aimed at reducing the level of health issues we do have. Imagine what has happened to writers on here on steemit and non-writers alike who have become writers because of the reward based system. Imagine what the world would look like when token holders start to get rewarded for those fittness activities they are rewarded in. According to the Lympo whitepaper,

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 di erent 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.

How it works

Lympo.PNG
( Screenshot from the website)

The underlining working model is just as depicted in the image above. There is a central market at the center surrounded by various health/fitness activities for which participants are rewarded for. The carrot sign represent what you eat. Going clockwisely, you have the medicine you take in and the physical activities you do with the other 3 symbols.

An example of a use case as also gotten from the whitepaper

Use case.PNG

Then the LYM tokens received could be used to access Services rendered on the platform like pay for consultation fees, buy recommended foods and other health materials.

For me, this is an awesome initiative in the crypto space worth the support and success.

The team

The team behind this project is lead by a knowledgeable health and crypo expert who has been in and experienced in the crypto space. ADA JONUŠĖ who is the Ceo and Co-founder was named as one of the emerging European tech star by the Financial Times amongst many other successes. You can find out more here

Crowdsale

In order to make this project all engaging and also give a push, they are having an Initial coin offering presently. Visit here for more.

This is my entry into the Sponsored Writing Contest: Lympo which is organised by @original works You can check it out here

lympo2018

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