Estonian Blockchain startup Lympo, a dynamic new company that rewards sports enthusiasts for completing fitness challenges on its app, has pulled the former Prime Minister of Estonia, Taavi Rõivas, to their team and he will be joining as the new chairman of the company’s Supervisory Board.
“Lympo’s mission is one that I can easily relate to,” said Taavi Rõivas. “I ran my first marathon because of a challenge and have been a passionate runner ever since. I have seen many startups and know well that the key to success is to have a great team. Lympo’s team is one of the most inspiring, and I am certain that Lympo has huge potential.”
“We are thrilled to welcome Taavi Rõivas on board as the chairman of the Supervisory Board of Lympo,” said Ada Jonuse, CEO and co-founder of Lympo. “His position as a figurehead in the political and tech world will help share Lympo’s vision on how blockchain and data can help transform the fitness and healthy lifestyle industry.”
Lympo aims to encourage healthy living around the world by rewarding people for exercising and leading more active lives. With the help of blockchain technology and fitness gamification, users will be paid through the Lympo app for finishing fitness challenges with LYM tokens, which can be used to purchase sports and wellness products or services, such as sports clothes, sneakers, healthy food or gym memberships.
The first version of the Lympo app will be released next month in the 15,000 runners’ marathon in Vilnius, Lithuania.
After the upcoming soft launch, Lympo will reach the U.S. market by the end of this year with a powerful all-star support team. NBA club Dallas Mavericks owned by the ‘Shark Tank’ star and investor Mark Cuban and world’s number 2 women tennis player Caroline Wozniacki have already signed partnerships with Lympo.
Taavi Rõivas, who served as Estonia’s Prime Minister between 2014 and 2016 and is now a member of the Estonian parliament, played a pivotal role in establishing the country as one of the world’s most digitally advanced societies. By 2015, Estonia had a much-admired e-residency programme, where anyone was able to apply for a transnational, government issued, digital identity which gives full access to Estonia’s public e-services. Using secure digital identities, Estonians can access medical records, and even register businesses online, from anywhere in the world.
Lympo CEO Jonuse is a frequent speaker at blockchain events and has been named an emerging European tech star by the Financial Times, Google and other New Europe 100 list partners. Before co-founding Lympo, Jonuse worked for the United Nations and in the European Parliament. Her primary goal with Lympo is to create an ecosystem where data is used efficiently by all industry stakeholders, and where everyone is rewarded fairly.
- Gate.io Exchange Releases IEO Startup Platform and Launches First Project with CNNS - April 18, 2019
- Telegram Cuts Deal With Wirecard to Build Blockchain Shared Payment and Banking Solutions For TON - April 17, 2019
- Token-as-a-Service (TaaS) Shuts Down – Distributes Assets to Token Owners - April 17, 2019
- eToroX Launches 8 Stablecoins on New Cryptocurrency Exchange - April 17, 2019
- Powerhouse Production Company Endemol Shine International Partners with Blockchain Startup BitMovio - April 17, 2019
- Huobi Prime’s Second EO Launch – Two Billion NEW Tokens Sold in Six Seconds - April 17, 2019
- Panxora safeguards ICO assets with crypto treasury management service - April 17, 2019
- Turing Award Winner and MIT Cryptographer, Dr. Silvio Micali, Publicly Opens TestNet at VC-backed Algorand Blockchain - April 16, 2019
- Gibraltar Stock Exchange Opens the Doors to Secondary Market for Security Tokens - April 15, 2019
- Bittreo Releases Crypto Brokerage SAAS - April 14, 2019
- International Monetary Fund (IMF) Head Says Cryptocurrency is Shaking the System – Wary Eye on Silicon Valley Data Collectors - April 14, 2019
- US Regulator SEC Issues First ‘No Action’ Letter for Unregistered ICO - April 13, 2019
- Jason Hanania: Architecture of a Technodemocracy – Author Interview - April 12, 2019
- Block.one’s FinLab EOS VC Fund Invests in Moonlighting - April 11, 2019
- Blockstack Files with SEC for Reg A+ Token Offering - April 11, 2019
- US Congress Introduces Bipartisan-Supported Token Taxonomy Act - April 10, 2019
- Facebook Allegedly Seeking USD$1 Billion VC for Cryptocurrency Project - April 9, 2019
- China to Ban Bitcoin Mining? - April 9, 2019
- Over $440M Orders Purchased – Gate.io Announces Gatechain Token (GT) Point Sale and GT Reward Distribution Results - April 9, 2019
- Bgogo Apollo Plans to Sell Algorand IOUs in an IEO, Without Permission - April 9, 2019