Watch video announcement from CEO Ada Jonuse and read top AMA answers

Lympo
Lympo
Oct 31, 2018 · 9 min read

Q: Are there any initial discussions about partnerships with healthcare providers right now? The roadmap is saying there will be something in Q1 2019.

Q: Will those who want to offer health services or training be able to raise funds to start up their careers with Lympo, trough the crowdfunding feature and also sell their services on the Lympo app?

Q: Is Mark Cuban an official investor?

Q: Can you share how you’re going to ensure that Lympo app will be adopted by US citizens? What’s the strategy?

Q: Have you held discussions with Vitality?

Q: Seen your video with the two updates, both are very important. Take care as you are going to be a mom. But to be honest, I’m sad that you’re leaving the CEO position. I am a big fan of yours. You made me believe in this project. Don’t know what I should do — hold and trust the new CEO or shift to a new project.

Q: Any partnerships coming with the Apple watch / Fitbit or Samsung Gear?

Q: Congrats on the great news! After the US, where can we expect the app to be available next?

Q: What about Brazil? I came around Lympo’s office and did a presentation for the guys there about the size and opportunities the Brazilian market offers.

Q: Who can join Lympo challenges? Only Lympo staff?

Q: Where do you see Lympo in 5, 10, 20 years?

Q: Since we are launching in the US, shouldn’t we be listing on the biggest exchange with the largest US userbase?

Q: You may already know that Binance announced that they’ll donate all listing fees. According to cz, he looks to project not on which one pays high listing fees. He mentioned that you have to put your offer. They will judge by the project. So when do you think to offer on that? Also, I don’t want to offer decent money just for listing…

Q: Just launch in India, my dear CEO, the app will go viral in no time. I can definitely guarantee it. Let’s bet…

Q: Hi Ada! Could I ask what extras the full app will have compared to the beta version? Will it already be hosted on blockchain (i.e. with real wallets/transactions)?

Q: Hmm, but it’s a feature, not a prerequisite to enjoying Lympo :) I think the problem with the main exchanges might be related to the app not being a true dApp. It’s also good for transparency — now we cannot know whether the amount of LYM tokens you reward in the app do not exceed the number of tokens Lympo team has in the pool for this.

Q: Great to hear that, Ada. I actually think that’s a prerequisite when talking about ‘a real use case of cryptos’. Ability to withdraw LYM tokens from the app will attract scammers, who will try to push your anti-cheating security measures. I feel like this hurdle is important to jump over.

Q: So I have been curious about something. When you say 20% of the profits Lympo will do, is this 20% in LYM or $ for those who are utility share holders?

Q: I am more concerned about the problem now. LYM’s attention is not enough. Such as investors. What we can see this month. There are 50 thousand more token addresses. This is a good thing. Because I have always seen the development of LYM in health campaign. Including users. What I am more concerned about is the concern of big institutions or big funds to LYM. There is also a blockchain investor’s interest in LYM. After all, what we can see is that the circulation of LYM has reached 75%. But market capitalization has always been 340 or 360.

Q: Any other partnerships or ‘influencers’ in the works, like Boxmining, etc?

Q: Is there a plan to expand to Scandinavia? Healthy living is huge in Scandinavia and an app like Lympo would really work well there, I think.

Q: What’s the next exchange to list LYM?

Q: Looking into the number of US downloads, have you set a specific download objective figure that could be public and which all of us could try to help and achieve? Let’s say 90 days after the launch event… It would create some pressure, but also a success when achieved!

Q: Will the Squats feature be integrated into the Lympo app?

Q: How much wiggle space financially do you have left to make challenges in the app before new clients start coming? If you run out of tokens for that before you start generating revenue, will you buy tokens in the market? Not trying to say that will happen, just curious about reserves and strategy :)

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

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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.