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Lympo
About Lympo
In March 2021, Lympo, a health-focused platform, shifted from rewarding fitness achievements with LYM tokens to a GameFi model emphasizing sports NFTs, introducing the LMT token. This strategic pivot came after acquiring rights from sports icons, leading to new products and changing LYM's role, with a token swap for holders. The mobile-app-based platform, established in 2018 by Ada Jonuse, Marius Silenskis, and Tadas Maurukas, incentivizes healthy living, allowing users to earn tokens by meeting fitness goals. These tokens are applicable within Lympo's ecosystem, even as it evolves. Additionally, Lympo offers a unique health data marketplace, monetizing user data responsibly while enabling customized health solutions for businesses, thereby revolutionizing the wellness and fitness sectors.
Lympo, initially leveraging blockchain technology to encourage healthy living by rewarding health and fitness accomplishments with LYM tokens and establishing a health data marketplace, underwent a strategic shift in March 2021. The company pivoted to a GameFi strategy, accentuating sports-themed NFTs, following the acquisition of intellectual property rights from major sports icons and launching corresponding products. This shift marked the introduction of the LMT token, leading to the phasing out of LYM tokens and necessitating a token exchange for existing holders, thereby altering the fundamental role of LYM as LMT emerged as a pivotal access point to new offerings within the Lympo realm. Lympo's functionality is anchored in its mobile app, interfacing with a range of health and fitness gadgets to track user activity, set wellness goals, and allocate rewards in LYM tokens, usable for a plethora of transactions within its ecosystem, which includes various health-focused products and services. Originating in early 2018, the LYM token underwent an offering for a transition to LMT tokens in March 2021, providing an exchange option for all LYM holders. The LYM token remains available on several centralized trading platforms like Huobi, Gate.io, Bitfinex, and Kucoin, and is also accessible on multiple decentralized exchanges.
Lympo presents a multifaceted platform rewarding users with LYM tokens when they achieve specific fitness goals, such as maintaining particular dietary habits or reaching exercise milestones. Beyond personal achievements, it introduces a health data marketplace, empowering individuals to monetize their fitness data by participating in surveys or responsibly sharing their information with health and fitness professionals. Additionally, Lympo serves as a valuable resource for businesses and wellness authorities, providing a partnership platform where anonymous user data aids in crafting personalized, data-driven health programs, services, and promotional offerings, thereby fostering a targeted approach to wellness and fitness consumerism.