Lympo is making the world healthier by rewarding people for exercising and leading healthier lives. With the help of blockchain technology and fitness gamification, people are rewarded with LYM crypto tokens, just for completing walking and running challenges. These tokens have real value and can be used to purchase sporting goods.
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Is this similar to Sweatcoin and its copycat LifeCoin?
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Maker
@chiancheng It is similar to those apps, as we all reward people for their walking and running. However, it is also, much different, as they only tract people's activity and calculate coins for it. We use gamified experience, such as challenges to make it more entertaining for the user. Moreover this is a beta version, that has only walking and running implemented, in the near future we will have more activity to be tracked as well as bigger variety of challenges.
Another aspect is LYM token, this is a real cryptocurrency, which is traded in the crypto exchanges at the moment with more than 2 million $ daily volume. That means that you can convert LYM tokens to other cryptocurrencies or even to dollars and euros.
@aaronoleary Every challenge has predetermined amount of tokens for completing it. For now, the challenges are set up manually by us, so we decide how much the challenge is worth. In the future, we will implement functionality, so the companies or other 3rd parties can create challenges.
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Blockchain
Pros:free money
Cons:Not more free money