Lympo - Real Solution For Your Sports and Health Data

in #cryptocurrency6 years ago (edited)

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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 app store 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.

About Lympo

The Lympo ecosystem resolves this problem. Powered by user-generated and user-controlled fitness 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 e ciently by all industry stakeholders and everyone is rewarded fairly. It consists of three pillars: the Lympo fitness wallet, a marketplace and the Lympo crowdfunding platform.

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.

Lympo Platform Components

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LYMPO : User Reward Solution Description

While Lympo includes three major parts, a user reward mechanism, a marketplace and a crowdfunding 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.

BLOCKCHAIN: SMART CONTRACTS

The Lympo ecosystem will use Lympo Token as a main facilitator of the user contracts and interactions. The unique user community and collection of the fitness/wellness data gives a wide range of opportunities for smart contracts and data exchange. The Lympo team takes user privacy very seriously, therefore all source code for the smart contracts related to the data exchange, will be fully verified by the Lympo developers. In addition, Lympo core will stay as authorizing entity for the agreements and rewards. Already at this early stage several examples of the smart contracts will be implemented:

Token Sale

Team tokens will be locked for 24 months after the end of the token sale. Advisors’ tokens will be vested in 12 months.

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Lympo ecosystem empowerment tokens will be locked and released in 3 years, i.e. 1/3 tokens made available in 2018; another 1/3 in 2019 and the rest 1/3 in 2020.

TOKEN SUPPLY

Total token supply : 1.000.000.000 LYM

Total hard cap : 14.625 ETH = 650 mln. LYM

Soft cap : 15%

PRE-SALE

265 mln. LYM = 5000 ETH

20% bonus for 90 mln. LYM 1 ETH = 60.000 LYM

The rest 175 mln. LYM 1 ETH = 50.000 LYM

Date: January 23 — February 3 (or as long as supply lasts)

TOKEN SALE

385 mln. LYM = 9625 ETH

1 ETH = 40.000 LYM

Date: February 17 — February 28 (or as long as supply lasts)

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Team

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Details Information :

Website : https://lympo.io/
Whitepaper : https://lympo.io/wp-content/uploads/2017/12/whitepaper.pdf?v5
Facebook : https://www.facebook.com/Lympo.io/
Twitter : https://twitter.com/Lympo_io
Telegram : https://t.me/lympo
Profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=795655
ETH : 0x8A67E2C8b994B32d73fE24C85dDAb3C88080c2E1

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