Lympo: Changing the future of health

in #cryptocurrency6 years ago (edited)

To live a long and happy life, health is of utmost importance. Eating right, exercise and living a healthy lifestyle is necessary if one wants to stay healthy.

To aid us in this endeavor, mobile health (mHealth) apps that guide users exist. These apps take statistics and data of their users to plan a regiment fitted for them. Unfortunately, it also means that we are freely giving these data to companies and corporations behind these apps.

It also means they are free to use these data in any manner they want without our consent. This may not look like a big deal at a glance, but if you think of the fact that the mobile health (mHealth) apps and wearables are a billion dollar industry then it changes everything.

These companies and corporations will use our data to develop apps that monetize them without paying us anything. Fortunately, this trend is doom to change with the advent of Lympo.


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What is Lympo?

Lympo is a health and wellness platform that takes advantage of the power of the blockchain technology. It is an advocate of healthy lifestyle ecosystem powered by user-generated and user-controlled sports and wellness data.

Using the blockchain technology, Lympo allows its user base to monetize their data, unlike your traditional health and fitness apps. It does this by rewarding users with LYM tokens for their generated data and reaching certain health goals.

The LYM tokens can be used to purchase a variety of in-platform healthy lifestyle goods and services like hiring a personal fitness trainer or getting advice specially tailored for us.

Lympo has its own digital wallet where the LYM tokens are stored. A user can access their personal wallet anytime and anywhere they want, as long as they have a PC, laptop, or a mobile phone with an internet connection.

Lympo's effect on the health and fitness market

Revolutionizing the health and fitness market is Lympo's long-term goal. With the blockchain technology backing it up it can bring changes not possible before. Monetising user-generated data is just one of the way of doing so, putting back the control of generated data in the hand of the consumers is another.

With Lympo taking the lead, other health and fitness companies and corporations are expected to follow suit for fear of being left out and terminated in this highly competitive market. This, in turn, will move the prices of health and fitness related services and goods in favor of the consumers.

Conclusions and updates

After the success of their ICO, Lympo is now ready to take the next steps. They hired nine new members and the release of their app is well on its way. Before that though, they have to make sure that their app is working properly and bug-free. To help with that, over 10,000 people registered to be part of the beta testers' community. All of this to make sure that the app works flawlessly.

Various exchangers are now trading the LYM tokens and token sale are expected to rise with their latest announcement.

According to Lympo's CEO, LYM tokens holders are eligible for a share in the company's total holdings. At least 20% of the company's total holdings will be distributed with a maximum 1% for every holder. This bold move is to make the holders more involved in the development of the company, as well as give more incentives to their user-base.

Lympo is already the pioneer in the blockchain based health and fitness market and is expected to bring more changes to the platform. Putting user-generated data to full use.


End of Article


This article is an entry to @originalworks writing contest. If you are interested in participating you can refer to this contest link.

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Thanks as always. @cleverbot

No as always, clever?

This project looks like it could really have a useful impact on the health and fitness of individuals in society.Hopefully, it can grow to play a significant role for people. Thank you for sharing this interesting project!

You're welcome and thanks for dropping by.

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Another great piece of work. Informative and so easy to read.

Please continue up with creating interesting content. Steemits needs solid content builders.

Already followed. Cannot upvote this time since I kind of run out of voting power.

Yours, Piotr

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