$ 0.003 0.27%
Lympo (LYM) Rank 1538
| Mkt.Cap | $ 2.63 M | Volume 24H | 69.98 MLYM |
| Market share | 0% | Total Supply | 1000 MLYM |
| Proof type | N/A | Open | $ 0.0026 |
| Low | $ 0.0025 | High | $ 0.0027 |
What is Lympo?
DECENTRALIZED HEALTH, WELLNESS AND LIFELOG DATA EMPOWERMENT AND MONETIZATION PLATFORM
Lympo has married Blockchain to a global problem in fitness / wellness industry. • Businesses use tokens to pay for listing their products and services on the platform. 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.
Lympo Competitors (
This is the first ICO review of a hopefully endless series. Note that at the time of posting this, Lympo has almost reached its hard cap. Lympo reached its highest price on 1 June, 2018, when it was trading at its all-time high of $ 0.142292.
We can surely achieve this with the help of our star-studded and renowned batch of advisors from the field of fitness, blockchain and entrepreneurship. We wish to empower you to take a step towards being fit and happy. Lympo aims to create an ecosystem powered by user-generated and user-controlled fitness and wellness data allowing the exchange of value through the introduction of LYM utility tokens. Lympo’s goal is a marketplace where data itself is used efficiently by ecosystem members and everyone is rewarded fairly.
TeamLympo team unites passionate entrepreneurs, sports and health professionals and tech talents. Lympo advisory team are experts in tech, marketing, cryptoeconomics, blockchain in healthcare and business and asset management. 2019 // 09 // 19 Lympo wins best startup award The inaugural cohort of HYPE Blockchain Accelerator, came to an end yesterday after a fantastic Demo Day hosted by the NYU Preston Robert Tisch Institute for Global Sport. Nine finalist startups and over a hundred venture capitalists and sports brands observed as Lympo, led by the female entrepreneurs – Ada Jonuse and Archna Desai, proclaimed the best startup award and will enter HYPE Platinum program. 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.
The smart contract will lock the reward tokens. After the user inside the Lympo platform gives the authorization to access the data, Lympo core will check if all conditions detailed in the agreement are met. If everything is correct, Lympo core will invoke the call to a smart contract, confirming transfer of the Lympo tokens to the user. The data proxy company will be able to access the user data by using Lympo API and Data Access Engine component. The creator of the smart contract will use all the parameters from above and will sign the call to blockchain with his/her password.
Starting August 10, Lympo is being introduced with Samsung Blockchain Wallet to visitors of Galaxy studios in Korea. Visitors can try Lympo app and get bonus reward via scanning special QR code in the app. It was reviewed by Korean “Financial news” and became one of the most viewed IT articles in Naver, Korea’s No.1 website. When a user finds a package which he/she wants to purchase, the Lympo system will additionally verify that the information signed by the trainer in the smart contract is correct.
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Nowhere is mentioned "medical records”. This makes sure Lympo does not have to deal with too many EU and US laws, for now at least. LYM tokens can be invested in new innovative fitness and wellness startups. Senior engineer and blockchain entrepreneur focusing on technologies for sensitive medical data sharing. The user then makes a transaction to the smart contract using Lympo tokens. A part of the tokens is immediately transferred to the trainer’s account, but a specified percentage of them are automatically locked by the smart contract.
2019 // 09 // 12 Harmony and Lympo Partner to Provide Scalable and Secure Sharing of Health Data Lympo and Harmony, maker of the most scalable blockchain consensus platform, announced a partnership to enable fast and secure health data sharing. Harmony CEO and Co-founder Nick White announced the partnership at the Invest Asia Summit held in Singapore. 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. The creator of the smart contract will use all the parameters above and will sign the call to blockchain with his/her password.
National Cancer Institute at the National Institutes of Health
- The smart contract will lock the reward tokens for a given number of days.
- Another great story that we are building together with a blockchain startup, #Lympo – a health, fitness, and wellness platform company where users can be incentivized for work-out.
- We can surely achieve this with the help of our star-studded and renowned batch of advisors from the field of fitness, blockchain and entrepreneurship.
- LYM tokens can be invested in new innovative fitness and wellness startups.
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With the help of the blockchain technology, we at Lympo aim to effectively monetise vital data that is collected through the ledger system. We go a step further by allowing relevant parties such as health insurance companies, fitness apps, employers and gyms to access the information and customise products for users. 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 oered by a start-up listed. LYM tokens will be rewarded to our users who achieved their healthy lifestyle goals.
Developer of a sports media platform designed to monetize sports and health data. 2019 // 08 // 26 Samsung Global enterprise product manager speaks on Lympo! Another great story that we are building together with a blockchain startup, #Lympo – a health, fitness, and wellness platform company where users can be incentivized for work-out.
The smart contract will lock the reward tokens for a given number of days. After the user reaches training goals specified in the contract, the Lympo Core validates this information, and invokes the call to a smart contract, confirming transfer of the Lympo tokens to the user. If the goals are not met during the agreed time, the tokens will be transferred back to the Lympo platform or the creator of the smart contract depending on the conditions for the specific token reward program.
The Hustle App is designed to reward you for participating in fitness and staying healthy. Health and fitness is an important part of everyone's life. This appeared to be early in evolution of the blockchain, however this project has proven to be a success so far. This goes to show what a strong team and good marketing can do for a project.
Lympo price chart
After the specified time, the Lympo core will use the information received from users, will calculate the rewards and will send the information to the smart contract per which accounts shall receive tokens. Lympo has the potential to grow exponentially into an industry of its own and can essentially reinvent the manner in which businesses can bond with health-conscious customers. The definitive goal at Lympo is to create the perfect ecosystem for an entire market which can thrive on our platform.
Lympo generates value through the effective monetisation of user-generated sports and wellness data. This valuable information is collected via the blockchain ledger and is then used to reward users by offering LYM token incentives that can be expended on further enhancement of a good lifestyle. Users’ data can also be used to supplement health insurance to induce and sustain a truly healthy society. With the help of numerous advisors from the fields of fitness, blockchain and entrepreneurship, Lympo seeks to foster a viable health transformation. 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.
You’re viewing a free company profile from the PitchBook Platform. To explore Lympo’s full profile, request a free trial. Q Start Monetising Lympo Tokens Partnering with Employers and Health Insurances. Q Lympo Fitness Wallet Integrated with the First Lympo Ecosystem Partners. LegalLympo lets anyone aggregate, share and monetize its fitness and wellness data.
Lympo.io is a healthy lifestyle ecosystem powered by user-generated user-controlled sports and wellness data. Lympo users will be able to connect their favorite health apps and wearables to their Lympo digital fitness wallet and earn LYM tokens for being healthy through challenges organized by fitness trainers, gyms, sports events, employees or health insurers. Lympo is revolutionizing the healthy lifestyle #ecosystem by monetizing sports and wellness data via a #blockchain platform. Lympo is a healthy lifestyle ecosystem creator that uses the blockchain technology to connect numerous stakeholders.
Crowdfunding platform
All conditions related to the reward program will be detailed in the Lympo portal. Participants will use their mobile devices to track their location and will provide this information to the system. Lympo will offer a possibility to issue a security or a QR code to be placed at the location as an additional fraud protection mechanism.
