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Lympo`s take on the value of LYM

There’s a lot of crucial behind the scenes work being done — adding new team members, taking all the steps necessary to expand to new markets, developing the main Lympo app and negotiating strategic…

Mar 27, 2018 · 4 min read
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Lympo`s take on the value of LYM

Why will the value of the LYM token rise? Here’s our take As a company, we at Lympo pride ourselves on introducing a product with a real use case, building a real healthy lifestyle ecosystem and creating actual value to the community, something more than mere marketing, smoke and mirrors. There’s a lot of crucial behind the scenes work being done — adding new team members, taking all the steps necessary to expand to new markets, developing the main Lympo app and negotiating strategic partnerships with various companies. As of now, we are set to reach some of our roadmap goals even sooner than we originally anticipated, and so we are on a fast lane of making Lympo a big name in the industry. The future of LYM What about the LYM token? Sure, just like you, our community, we realize that the growth and stability of LYM is central to Lympo’s success. Just last week we made a groundbreaking announcement that LYM token holders will be eligible to become part-owners of Lympo and by doing so we are already establishing LYM as a multi-purpose token. We are also actively working to introduce new partnerships with big crypto market exchanges and wallet providers. However, the LYM token could not function as intended without the conditions being ripe for it in the global market. And we are sure that they are. Lympo is just on time to enter a market growing at rapid speed, by introducing a disruptive product that brings value to everyone involved. According to CEO Ada Jonuse, “Lympo will bring about change, because the whole world is slowly changing with more and more people trying to be healthier — ecological food getting increasingly popular, more and more gyms being opened and more runners in many marathons around the world. All of these are indicators showing that the fitness, sports, health markets are growing.” Indeed, the global sports market has almost doubled in value from 2005, reaching $90.9 billion in 2017. Further on, the global healthy eating, nutrition, and weight loss industry has reached the staggering $648 billion in 2015 and continues to grow. Healthy living is not just a temporary trend, but a new reality for hundreds of millions of people in the world, striving to live a better, healthier life and they all could benefit from what Lympo will soon offer. The not yet connected world of sports and wellness data According to the International Data Corporation (IDC), the overall wearables market is expected to grow from 113.2 million shipments in 2017 to 222.3 million in 2021, with key growth happening in the smartwatch category, as opposed to basic wristbands, such as the Xiaomi Mi Band or Fitbit Charge. That is almost two times more devices in just a few years! It’s already hard to imagine the massive amount of data wearable devices collect today and it is growing every day. Despite the fact, currently, this data serves to provide valuable insights into their activity and health to individual users, but there is no infrastructure in place to voluntarily share it with various companies, such as sports and health service providers and get various rewards and incentives in return. This is where the Lympo ecosystem steps in. And the idea is innovative, yet a simple one. You will earn LYM tokens by completing various pre-defined health and sports-related challenges as well as by providing individualized, verified, user-generated data. You will then be able to spend it on various goods as well as services in a marketplace which will eventually encompass a network of health, wellness, and sports services and goods. As mentioned earlier, this concept brings value to everyone involved — both the users enjoying various rewards and incentives and the companies, gaining access to a flourishing ecosystem of healthy living enthusiasts. Taking a step further, in the future Lympo will also introduce a crowdfunding platform where LYM tokens can be used to invest in data-driven and innovative projects which would continue to build on and improve the new ecosystem. To sum up, these are the key reasons the LYM token will continue to rise in value: 1) Healthy lifestyle is enjoying increasing popularity worldwide 2) The sports and wellness industry is continuing to grow rapidly 3) Millions more activity trackers in the form of various wearables are bought every year 4) There is no ecosystem already in place to use this data to the benefit of everyone involved Oh, and these are also the key reasons why we are so excited to be with Lympo in its journey on making the world a more connected and healthier place. And we are happy to see you come along.


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