Lympo - Monetizing Sports And Health Data Via Blockchain

septyadf1 (7)in #ico • 6 years ago (edited)

Hello Everyone, hopefully review of this Lympo project can be your reference and I am realy excited about this project. Because Lympo is one of the hottest new ICO’s on the market right now from the looks of things and I think this project will rise to the top and stay at there to the moon. Why I am talking like this? Let me tell that :

385 mln. LYM = 9625 ETH

1 ETH = 40.000 LYM

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

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.

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 eciently 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 ecosystem consists of three main parts:

Lympo’s digital fitness wallet and Lympo Digital Lymphatic
Fitness Benefit mechanism and user reward mechanism are at the core of the Lympo ecosystem. The wallet serves as an entry into the ecosystem and allows users to be rewarded in a LYM token for the achievement of their healthy lifestyle.

The Lympo Market
This Token can be used to purchase goods and services on the market from existing Lympo platforms that bring together over 500 fitness professionals and then expand into a vast network of sports, health, health and wellness providers.

Lympo crowdfunding and the
Token LYM investment platform will be used on the Lympo crowdfunding platform to invest in innovative data driven companies in the industry that will contribute to the growth of this new ecosystem.

Watch Lympo Introduction Video :

How it Works Lympo

Lympo aims to create an ecosystem powered by user generated and managed user health and fitness data to enable value exchange through the introduction of LYM utility tokens.

Lympo’s goal is the market where the data itself is used efficiently by members of the ecosystem and everyone is equally rewarded. Useful mHealth / user applications are at the center of this ecosystem including all key players in the sports and health industries:

Users live a healthy lifestyle
Goal: Search for personalized and personalized lifestyle products and services, seek to benefit from the data generated, store health data and exercise in one place.
Benefits: Extra and fun motivations to achieve healthy lifestyle goals, monetize user-generated data, aggregate data for viewing or sharing, determine the use of further data and pricing, receive tailor-made services based on interests and health data.
Personal trainers and sports coaches
Objective: Sell services, attract new clients, manage client progress.
Benefits: Easily monitor the system for achievement and rewards, Fitness progress gamification for clients, Unique value proposition for advertising.
Goal Gyms : Attract clients to gym locations, market new services, optimize the use of the gym.
Benefits: A reward system to promote gym visits at certain times. Monitoring user progress. Promote loyalty by organizing group challenges.
Sports and business health
Objective: Sell products, marketing to the right key audience.
Benefits: Interaction with customers through reward system. Insights from user data from multiple platforms. Innovative marketing tools. Partnership with token ecosystem companies.
Health insurance
Objective: Eat a healthy lifestyle, analyze existing client data, reach potential customers.
Benefits: A great incentive for a healthy lifestyle. Data-driven management decisions are supported by client data.
Entrepreneur
Objective: Grow the number of healthy and happy employees, looking for convenient and reliable methods to promote sports.
Benefits: A fun and useful tool to provide healthy lifestyle incentives. Possible for a customized challenge for every employee to handle.

The digital health market is exploding both in number of new companies and with the expected market size of $233.3 billion by 2020. Much of growth is predicted to come from the mobile health (mHealth) market.

In 2016 alone, the estimated total number of mHealth apps increased 57%2. In that same year, the number mHealth app store downloads totalled 3.2 billion, with 52% of smartphone users gathering health-related information on their phone3. Most newer phones have inbuilt health-related data gathering capacities predicating this number to soar in the upcoming years.

Lympo Ecosytem

Token Distribution

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)

LYMPO User Reward Solution

While Lympo encompasses three major parts, the reward mechanism of the users, the market and the crowdfunding platform, the award for a healthy lifestyle is at the core of the product and will be covered in detail. We also include temporary data sharing environment models with component descriptions, access rights and actors.
The health / fitness data sharing ecosystem is based on three main components:

Lympo Platform: a core component developed by Lympo team and partners
Blockchain: Lympo token, smart contract and crypto wallet
User community: Users, who will lead a healthy lifestyle and will interact with different actors in the ecosystem to find trainers, partners, make deals, share data and get rewarded

The Lympo Token is a key element that facilitates all interactions in the system in relation to society and healthy lifestyles. Tokens are used to incentivize people to become active participants, make connections and improve their health. Tokens are distributed on the Ethereum Cryptococcal blockchain. This, of course, implements certain standard rules for society.

Lympo Roadmap

Dec. 2016 — Start of the lympo platform development.
Angel investment received.
May 2017 — Start of the preparation for the token sale
Sep. 2017 — Lympo platform mvp launched Lympo (no blockchain solutions yet).
Nov. 2017 — First partnerships for the future lympo ecosystem.
Jan. 2018 — Lympo pre-sale
Feb. 2018 — Launch of the lympo fitness wallet proof of concept.
Feb. 2018 — Lympo token sale
Q2 2018 — Lympo fitness wallet full beta release
Q3 2018 — Lympo fitness wallet integrated with the first lympo ecosystem partners.
Q1 2019 — Start monetising lympo tokens partnering with employers and health insurances.
Q2 2019 — Open api for further data solutions by third parties launched.
Q3 2019 — First partnerships with research institutions on fitness data use.
2020 — Launch of the full two-sided marketplace for fitness data.