Blockchain Company Reveals a Powerful Fitness App Aiming to Reward Workouts with Tokens.

App is already live in select locations and will be launched in the U.S. next month

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Blockchain Expo North America 2019

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Lympo, a blockchain based company in the field of gamifying fitness and motivating people to exercise by issuing crypto token rewards, is presenting a new marketing method intended for the fitness industry.

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The tokens are rewarded for completing workout challenges, users will be paid through the Lympo app. Lympo aims to encourage healthy living around the world by rewarding people for exercising and leading more active lives.

The launch of Lympo’s new app will happen in the U.S. next month during an event, featuring the Dallas Mavericks – an NBA team from Dallas, Texas, U.S. The app, called Lympo Run, allows users to earn money for completing simple walking or running challenges. The rewards are issued in the form of LYM crypto tokens, which hold real monetary value and can be used to buy sporting goods in Lympo Shop, without ever leaving the app.

On October 30th, the company already revealed a new type of marketing tool, intended for gyms, personal trainers, sporting goods shops and other participants in the health and fitness market.

Lympo is offering a service, in which a gym chain, for example, would increase its brand awareness by hosting sponsored challenges on Lympo Run. The bigger the LYM reward the gym chain decides to issue for completing a sponsored challenge, the more attention it would attract from the Lympo user base.

“This is a new paradigm in marketing. Instead of paying large sums of money to traditional marketing providers, businesses can now instead distribute that same money to everyday people seeking to live a more active life, at the same time increasing their brand awareness and proving their social responsibility,” – said Lympo Chief Marketing Officer Gintautas Nekrosius.

Essentially, Lympo creates a beneficial situation for each platform participant – users can monetize their fitness activities via the LYM token, and the businesses purchasing sponsored challenges receive valuable access to a tech-savvy global community, passionate about healthy living.

Accordingto Lympo CEO Ada Jonuse, Lympo’s long-term goal is to become a central community hub for all things fitness: “The health and fitness industry needs its own Uber and this is what we’re striving to become, step by step. In the future, in addition to earning money for living a more active life, Lympo Run users will also be able to easily find and communicate with a personal coach and access a trove of information on sports, health and living an active lifestyle.”

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Wieke Beenen

About Wieke Beenen

Writing has always been the red thread in my life. In the early 90's I attended the Journalism program at the School for Journalism in Utrecht and later the History and Journalism program at the RUG in Groningen. I spent a number of years working in the Caribbean boating industry as a first mate on several charter boats as well as in the island media writing about culture, flora and fauna. After moving back to the Netherlands I started my own translation business in 2005. After a short detour teaching kids English at several high schools, I'm now back doing what I like best, writing and editing content for Blockchain News.

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