Health and wellness app Lympo has raised US$5.5 million in its pre-sale, which is a strong indication of significant demand for the company’s ICO, which opens today.
The Lympo platform is gaining significant support from the health and fitness sector as well as the Blockchain community.
Lympo has signed a raft of strategic partnerships in recent weeks, including an arrangement with Blockchain payment systems company Pundi X, which allows buyers to purchase products directly with their Lympo tokens (LYM).
“Lympo’s partnership with Pundi X give us access to point-of-sales technology. Cryptocurrency users will be able to shop online and at stores or gyms through a system, similar to PayPass,” said Lympo CEO and founder Ada Jonuse.
The Lympo token sale starts on February 17 and will be processed through Eidoo’s ICO engine, after the companies formed a partnership earlier this week.
Through the Eidoo app, users will be able to purchase LYM tokens and receive LYM airdrops in the future.
“Joining forces with Eidoo allows Lympo to reach more than 150,000 users, promoting our token sale effectively. The Eidoo wallet also gives purchasers the best user experience for managing their Lympo tokens,” said Ms Jonuse.
Lympo is a Blockchain app that allows users to track their fitness and mindfulness activities and goals through smartphones and wearables. Users are rewarded with LYM for meeting milestones, which they can redeem on health products and services.
To promote the app, Lympo has been actively forming partnerships with elite sportspeople, including current World Champion discus thrower, Andrius Gudžius – named as a Lympo ambassador this week.
Lympo also recently invited fitness trainer and crypto millionaire Jordan Travers to become an ambassador and appointed poker player, politician and philanthropist Antanas Guoga (aka Tony G) as head of its Blockchain for Sports Foundation.
The Sports Foundation backs sporting events and initiatives to promote healthy living. Lympo users can put their tokens into the Sports Foundation, actively giving back to the fitness community.
Lympo is also creating awareness by sponsoring major sporting events, such as the world’s first ever Blockchain Marathon to be held in Lithuania in September.
All of the 15,000 marathon runners involved in the event will be given LYM tokens for participating.
“Lympo is working hard at building a strong group of famous athletes, sporting leaders and crypto users to help drive the success of the app. We are disrupting the fitness market by allowing people to connect with health industries directly through the use of cryptocurrency,” said Ms. Jonuse.
The Lympo token sale begins on February 17. More information can be found at https://lympo.io/
Editors Pick: Lympo CEO Interview
Lympo is a blockchain-powered health and wellness ecosystem where users are rewarded for healthy lifestyle activities by being able to earn system tokens and use those tokens for other wellness-related activities and services. The ecosystem’s functionality is enabled by the exchange of tokens between parties. Here is how it works:
About the Lympo app
Lympo is a health and wellness ecosystem, with a wallet that rewards users with Lympo tokens (LYM) for sharing and achieving their health goals. It is part of a Lympo ecosystem for health and wellness data sharing including all industry players: personal trainers, gyms, sports and wellness businesses and health insurances.
By tracking health-related data on smartphones and wearables, Lympo aims to build healthy lifestyles and grow the Lympo community. Tokens earned can be used to pay for fitness, wellness and other health-enhancing products and services.
When users sign up to the system, they will be able to aggregate and later monetize their health and sports data, allowing them to interact with health insurances, sports and wellness businesses and employers who want to encourage their staff to remain healthy.
About Lympo Blockchain for Sports Foundation
The aim of the Lympo Blockchain for Sports Foundation is to support sporting events and initiatives around the world while promoting the Lympo app and encouraging healthy lifestyles.
Some of the Lympo tokens will be reserved for the Sports Foundation, which will be overseen by a board made up of famous athletes, Lympo partners and leaders in sports communities from various countries.
Lympo token holders owning a considerable amount of tokens will be invited to vote on funding proposals.
About Pundi X
Pundi X provides a point-of-sales system for retailers, allowing anyone who has cryptocurrencies to buy products through the Pundi X system. It is currently being rolled out across 12 countries.
Eidoo provides a ICO engine to cryptocurrency companies to sell their tokens through a mobile app that is both Android and IOS friendly. The app allows for a transparent, safe and quick token sales process.