Lympo

Overview of Lympo

Lympo is a health and wellness ecosystem, with a wallet that rewards users with Lympo tokens (LYM) for sharing and achieving their health goals, including all industry players: personal trainers, gyms, sports and wellness businesses and health insurance.

Lympo offers a great opportunity for partnering businesses by increasing brand awareness through sponsored challenges, while opening a direct channel of communication with niche sports, health and fitness enthusiasts,” he added.

Lympo app rewards users for staying healthy with a cryptocurrency called LYM tokens which can be spent on sports and fitness merchandise in the Lympo shop, like a frequent flyer earning miles toward free flights by flying.

Lympo tokens will serve as utility tokens on the platform to buy online and offline fitness sessions, diet and exercise plans, and subsequently, more and more healthy lifestyle products and services from Lympo partners.

Lympo is led by another strong female, fast emerging tech star and Lympo CEO, Ada Jonuse, who added: “Lympo will motivate people to be healthy and unite the biggest fitness and healthy lifestyle community in the world.

Lympo is building part of its infrastructure on the blockchain, and we foresee switching to an entirely decentralized system once legal and technical conditions are fulfilled, maybe even building our blockchain.

Lympo announced that as of July 10, users can withdraw tokens to integrated blockchain wallets on the Samsung Galaxy S10, S10+, S10e, and S10 5G sold in South Korea and the United States.

Lympo is also creating awareness by sponsoring major sporting events, which include the world’s first ever Blockchain Marathon that was held in Lithuania in September 2017.

Lympo and Animoca brands have been working very closely with the PancakeSwap team during the last few weeks to achieve the best possible outcome for LMT.

Lympo’s goal is a marketplace where data itself is used efficiently by ecosystem members and everyone is rewarded fairly.

Blockchain

Lympo is a trailblazing blockchain based app that aims to help users monetize their data while staying fit and active.We had the opportunity to speak with the CEO and founder of Lympo, Ada Jonuse to find out more about the future of Lympo and how blockchain can revolutionize the fitness and sports sectors for professionals and amateur enthusiasts alike.

Support

We are thrilled to announce a successful LMT token offering, resulting in the issuance of 50,982,694 LMT.You’ve absolutely blown us away with your support for the Lympo NFT ecosystem, and we can’t wait to continue our journey and build exciting ways for sports fans to engage with athletes via NFTs.

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Have there been any restrictions or setbacks as a result of blockchain technology?

A lot of crypto projects struggle to get good partnerships, investments.The reason is simple, lack of credibility.Looking at our team of advisors, with the European Parliament member Tony Guoga at the steering wheel, it gives us huge credibility and people tend to take us seriously.Also, our CEO Ada Jonuse has lots of experience in establishing business relationships, which also helps a lot.

How do I buy Lympo?

It is not possible to buy all cryptocurrencies with U.S.dollars.Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S.dollars using Coinbase or BlockFi.Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Lympo.

Healthy living technology is a constantly growing industry, have you noticed similar technologies emerging related to health? In relation to this, what area of health and fitness do you believe receive the most interest from technology companies?

Wearable technology is a rather recent trend which will, without a doubt, see a meteoric in popularity in the future as the tech will get cheaper and more advanced.Some of this wearable technology helps athletes and sports enthusiasts track their physical activity in novel ways and this is definitely something we will seek to integrate into our ecosystem in the future.

How exactly is a healthy lifestyle going to be measured by the technology? Is there, for instance, a possibility that users could cheat to gain tokens?

We will offer several methods to provide activity data.Users will be able to connect the Lympo app to different fitness applications on their phone, to gather the data.Also, our mobile app will be compatible with various fitness wearables which will also help record data.

How was your pre/during/post-ICO experience? What do you advise other entrepreneurs wanting to do an ICO?

It was a very intense and exciting period.I have never worked so much in my entire life.We were lucky to get on the ICO train before all major advertising platforms banned crypto ads.Also, the market situation in January and February was very favorable.Personally, I learned a lot about myself, found two amazing partners Tadas Maurukas and Marius Silenskis who are with us at Lympo now and had an incredible team working experience.

What is Lympo (LYM)?

Built on the Ethereum blockchain, Lympo aims to make the world a healthier place by creating a fair user-generated health and fitness data ecosystem where individuals and companies can trade data fair and square using the Lympo token (LYM).

How this platform works?

The working mechanism of this platform can be easily broken as below.

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How Does Lympo Work?

The Lympo ecosystem consists of the Lympo platform and its core components, Ethereum blockchain and smart contracts, user community and various health and wellness service providers.

What hashing algorithm does Lympo use?

Lympo is a coin that uses the ETH Token algorithm.

What are the benefits of the locations you have chosen to work from?

We have chosen the US as our main market.It is a perfect market for us as revenue in the fitness segment amounts to $3,463 million in 2018 alone and healthy living is generally important to Americans.We have established a partnership with an NBA team – the Dallas Mavericks – which will help us get things going in Dallas.We will also work in Asian markets, such as China and South Korea, through our partners, since these markets are eager to try and adopt new technologies and we believe our ecosystem will be well received there.

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Are there plans for further expansion and if so, where next?

The next thing for the Lympo App is a major test launch on September 9th in Vilnius marathon with more than 15,000 participants.The next stop is Dallas, Texas, to launch our app.Furthermore, in a few months, we are launching the 100 squats app with Animoca Brands’ (the company that brought CryptoKitties to the market) subsidiary – Olivex.Users will be rewarded for doing squats with our token – LYM.The current version of the squats app already has more than 250,000 users.

What is LMT?

LMT (Lympo Market Token) is the utility token used throughout The Lympo ecosystem as the basis of transactions, interactions, and NFT minting.It is an ERC-20 utility token built on the Ethereum blockchain.

What is Lympo?

Healthy lifestyle ecosystem powered by user-generated and user-controlled sports and wellness data.

What does your company Lympo do? How do you hope to disrupt the sector?

Lympo is an app that motivates people to exercise and be healthy.We reward our users with LYM tokens which can be exchanged for sports and wellness products, like new jogging shoes or a personal training session, or for euros and dollars.

Who do you interact with, in the ecosystem? Who are your partners and clients?

Our partners will be a wide variety of businesses, ranging from sports tech companies, sports clothing brands to insurance companies, gyms, and personal trainers.An ideal Lympo user is someone who is genuinely passionate about engaging in a healthy and active lifestyle.

What is Lympo new innovation?

Cutting-edge and the state-of-the-art Ethereum blockchain technology is used for development of this platform.This health and fitness related app and wallet allow users to sell their health-related essential data to different fitness and health research companies around the world.

What do you think about the Lympo today?

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What is Lympo?

Lympo is an Ethereum-based sports and health marketplace.Lympo's healthy lifestyle ecosystem is powered by user-generated and user-controlled sports and wellness data.LYM is an ERC20 token that serves as a currency on Lympo's ecosystem.LYM also acts as the reward issued by market players interested in having direct access to Lympo digital fitness wallet users.There are two different types of rewards –  A reward for achieving a healthy lifestyle goal, i.e.running 5 kilometres, and a reward for checking into a particular location for a specified amount of time, i.e.joining a gym class.

What is Lympo all about?

The users of this platform will be able to monetize and share their fitness data with health and lifestyle research companies.This data will be tracked on the phones and wearable of the users by the development team.

What Problems Does Lympo Solve?

People are growing increasingly concerned about their health, lifestyle, and well-being.This trend reflects well on consumer behavior – the growing demand for different health apps, wearables, devices, growing interest in sports and mindfulness activities like yoga, meditation or healthy food choices.

What is Lympo?

Lympo is building a sports NFTs ecosystem including NFTs with IP rights of world-famous athletes and clubs.The ecosystem will also include custom sports characters created by various artists and sports influencers.

What is the value of Lympo?

One Lympo (LYM) is currently worth $0.04 on major cryptocurrency exchanges.You can also exchange one Lympo for 0.00000069 bitcoin(s) on major exchanges.The value (or market capitalization) of all available Lympo in U.S.dollars is $31.60 million.

What coins are similar to Lympo?

The following coins use Lympo’s ETH Token algorithm and proof-type: Chainlink, THETA, Binance USD, DREP, DREP [old], PancakeSwap, Aave, Maker, FTX Token, Huobi Token, Crypto.com Coin, Dai, Polygon, Chiliz and Holo.

What makes Dallas a great city for business?

North Texas is a large and diverse business environment so it’s no surprise area companies, schools and organizations are regularly singled out for recognition.

Where can I get Lympo wallet?

Lympo produces its own wallet software that is available for download on its website, which allows you to store Lympo on your computer.For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X.If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

What’s your outlook for the crypto sector during 2018?

As is well known, the world of crypto is highly unpredictable, and for the last few months, the market was facing some doubts and difficulties.I am not good at predictions about currencies.However, I am confident that blockchain as technology will enter more and more sectors and we will see the adoption of it by big players like banks, insurances, airlines and many more.This has already started and will be on its way in 2018.A growing number of coders, engineers, and visionaries worldwide are joining this space, and we share their enthusiasm about blockchain being the powerful engine of the future.

What motivates you to work in crypto?

Blockchain is a powerful technology with a vast potential to change the way we interact with technology.I believe that the internet as we know it will be replaced by blockchain powered systems shortly.The idea of an anonymous network storing the encrypted data instead of it ending up in the hands of a few big players, and we see more and more what that means for our online behavior and even our democracy, is ground-breaking and straightforward.For me, this is the most significant tech revolution I can be a part of, and it is inspiring.

What is the Reddit page for Lympo?

The official Reddit community (subreddit) for Lympo is r/LYMPO.

Why is Lympo a good project?

In the last few years, the fitness and the health industry has been growing at an exponential rate.By the year 2020, it is forecasted that the health and fitness industry will be worth $ 233 million.It guarantees investors that their investment will give them a good return on long-term investments.

What Lympo aim to be?

This project aims to build a decentralized, open and blockchain based platform that allows health insurance enterprises to reward individuals who live healthy lives.

History of Lympo

In 2019, the Lympo project was unveiled at the Samsung Developers Conference in Silicon Valley, and in November of the same year, it collaborated for a month with Samsung Health in the US