Lympo
Lympo
Dec 31, 2017 · 2 min read

The third arm of the Lympo ecosystem is a crowdfunding and investment platform allowing LYM token holders to invest in the most promising fitness/wellness/health start-ups

Which are reviewed and rated by Lympo ecosystem members who know what the industry needs best. LYM token holders will be able to receive company shares for the tokens contributed.

The unique value proposition of this crowdfunding platform is:

• Public reviews and ratings by sports and wellness market players

The crowdfunding platform will allow for businesses and service providers active in the Lympo ecosystem to review and rate new companies seeking investment for a certain token reward offered by a start-up listed. This will help investors to better evaluate the potential of the new venture and for start-ups to find potential partners and customers operating within the same industry.

• Access to data of a big user base enabled by LYM tokens

Many new companies are following the usual data economy business cycle: build a product, attract a large user base, then start analysing and monetising data. But with the help of invested LYM tokens, start-ups on the Lympo crowdfunding platform will be able to start working with a big data base immediately purchasing fitness and health data directly from our users or proposing new challenges for reward tokens if the existing data set lacks some particular qualities.

This way, new innovative fitness/wellness/health companies will have a much lower market entry cost and can successfully launch their products and maximise returns for investors.



Lympo Business Blog

Lympo's mission is to make the world healthier by incentivizing people to exercise and be active. We reward our app users for finishing various fitness related challenges with LYM utility tokens, which can be exchanged for sports and wellness products, provided by our partners.

Lympo

Written by

Lympo

Lympo is making the world healthier by rewarding people for exercising and leading healthier lives.

Lympo Business Blog

Lympo's mission is to make the world healthier by incentivizing people to exercise and be active. We reward our app users for finishing various fitness related challenges with LYM utility tokens, which can be exchanged for sports and wellness products, provided by our partners.

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch
Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore
Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade