Lympo.io executive summary
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 efficiently by all industry stakeholders and everyone is rewarded fairly.
It consists of three pillars:
1. The Lympo 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.
2. A marketplace; where LYM tokens can be used to purchase goods and services in a marketplace starting from an existing Lympo platform uniting more than 500 fitness professionals and later expanding to a broad network of sports, wellness and health goods and services providers.
3. The Lympo crowdfunding platform; LYM tokens will be used on the Lympo crowdfunding platform to invest in innovative data driven companies in the industry which will contribute to the growth of this new ecosystem.
The Lympo ecosystem starts from the existing platform which enables users to find the best personal trainer with 500+ fitness professionals
Operational in Lithuania, lympo.lt, and expanding to California, U.S. and Melbourne, Australia.
A passionate team of entrepreneurs, sports and health professionals and tech talents aim to raise funds in the pre-sale to make a working proof of concept to enable everyone to earn tokens while living a healthy lifestyle. A versatile and experienced board of advisors including experts on blockchain for science, consultants on blockchain use in the public sector, health specialists and technology experts guarantee the best advice for Lympo to make people healthier with the help of blockchain innovation.
