LYMPO


Use of mobile health (mHealth) applications and usable devices continues to grow. More than 52% of smart phone users collect health-related information on their phones. In 2016 alone, mHealth app store downloads reached 3.2 billion. Health-related data is a valuable asset for individuals and stakeholders in the sports, health, and data-based health industries.

However, users who generate this data can not collect, share, and monetize it. Moreover, since it lacks the means to connect existing data, the industry can not unleash its full potential for the benefit of all market participants. The emergence of mHealth applications has not resulted in the promise of digital technology to empower individuals and result in better health care and sports and health markets more connected.

The Lympo ecosystem solves this problem. Backed by user-controlled user health and wellness data, Lympo will allow value exchange through the introductory LYM utility token. Lympo's goal is an ecosystem where data is used effectively by all industry stakeholders and everyone is equally rewarded. It consists of three pillars: Lympo fitness wallet, Lympo crowdfunding market and platform.

Lympo's digital fitness wallet and user reward mechanism are at the core of the Lympo ecosystem. The wallet serves as an entry into the ecosystem and allows users to be rewarded in a LYM token for the achievement of their healthy lifestyle

These tokens can be used to purchase goods and services on the market from existing Lympo platforms that bring together over 500 fitness professionals and then expand into a vast network of sports, health, health and healthcare providers. Finally, the LYM token will be used on the Lympo crowdfunding platform to invest in innovative data driven companies in the industry that will contribute to the growth of this new ecosystem.

How does it work?

Sports and health ecosystems are supported by user and user-created data



 Fitness purse and user reward mechanism
  • The personal fitness wallet is connected to health and hardware applications
  • Award Tokens for pre-defined health goals
  • Health and fitness data storage for future use of individuals  

MARKET PLACE 

  • Platform purchases start from existing platforms with 500+ fitness trainers
  • Healthy lifestyle products and services as a substitute for data
  • Health and fitness advice tailored to user tastes and user interests 

BLOCKCHAIN: SMART CONTRACT

The Lympo ecosystem will use Lympo Token as the main facilitator of contract and user interaction. A unique user community and fitness / health data set provides opportunities for smart contracts and data exchange. The Lympo team considers user privacy very seriously, therefore all source code for smart contracts associated with data exchange, will be fully verified by Lympo developers. In addition, Lympo's core will remain an authorized entity for agreement and rewards. Already at this early stage some examples of smart contracts will be implemented:

SMART CONTRACT: USE OF THE USE PROGRAM

The user rewards program will be conducted between Lympo ecosystem participants, such as trainer / doctor / gym / sports service providers and Lympo digital fitness wallet users. Let's see the case of the fitness trainer and his client. To encourage users to live a healthy lifestyle, a fitness trainer will apply for a contract on the Lympo platform, providing specific goals for end users to achieve. The contract itself will be created using a standard user interface.

SMART CONTRACT - REWARD CUSTOM PROGRAM FOR CHECK-INS

Various companies will be able to attract users by creating a specific location where users can receive LYM tokens only to appear and survive for a certain time. Smart contracts will be signed by these companies, and the main purpose is to have a number of tokens locked for distribution to the end user.

SMART CONTRACT: DATA ACCESS

Smart contracts will be created by data proxy companies to reward users when fitness data is captured. Data proxy companies, can create interfaces for various data processing companies, which require such data. This data access contract will be created first in Lympo portal. Users will sign a contract with a data proxy company to share information

DISTRIBUTION TOKEN 


The team token will be locked for 24 months after the end of the token sale. Proof of adviser will be given in 12 months.

Evidence of Lympo ecosystem empowerment will be locked and released within 3 years, ie 1/3 of tokens available by 2018; The other 1/3 in 2019 and the remaining 1/3 in 2020

TOKEN SUPPLY
Total token supply: 1.000.000.000 LYM
Total hard cap: 14.625 ETH = 650 mln. LYM
Soft cap: 15% 

PRE-SALE 
265 million. LYM = 5000 ETH 
Bonus 20% to 90 million. LYM 1 ETH = 60,000 LYM
The remaining 175 million. LYM 1 ETH = 50,000 LYM
Date: January 23 - February 3 (or during inventory)

TOKEN SALE
385 million LYM = 9625 ETH
1 ETH = 40,000 LYM
Date: February 17 - February 28 (or during inventory)

  ROADMAP










Author by: Naomikatarina

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