Taavi Rõivas, former Prime Minister of a world leading digital nation, Estonia, joins Lympo as the new chairman of the Supervisory Board. –an Estonian sports and health startup company.
Lympo is an Estonian Blockchain startup company, which rewards their customers with tokens LYM for achieving the fitness challenges on its app. The company is targeting a $3.7 trillion global wellness industry.
Taavi Rõivas stated; “Lympo’s mission is one that I can easily relate to,” and added; “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.”
Ada Jonuse, CEO and co-founder of Lympo, uttered the process; “We are thrilled to welcome Taavi Rõivas on board as the chairman of the Supervisory Board of Lympo,” and continued; “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.”
The company plans to encourage the health scene internationally by rewarding the participants for exercising and being more active in their daily lives. The reward takes place through blockchain technology and fitness gamification, where users will be paid via Lympo app for completing the fitness challenges with LYM tokens. The tokens can be used to buy sports and wellness goods and services, such as sneakers, healthy food, sports clothes as well as gym memberships.
Lympo will launch the first version of the app in October in a Vilnius, Lithuania marathon with 15,000 runners.
After the expected soft launch, Lympo will migrate to the U.S market by the end of this year with a strong all-star support team. Caroline Wozniacki, world’s one of the best tennis players as well as Mark Cuban, NBA club Dallas Mavericks owner and ‘Shark Tank’ star have already declared for partnership with Lympo.
Taavi Rõivas served his country Estonia as Prime Minister from 2014 until 2016 and is currently a member of the Estonian Parliament. Mr. Rõivas took part in building Estonia’s reputation as a digital powerhouse. By the year 2015 Estonia had revolutionary regulations such as e-residency, where anyone could apply for a transnational, yet government issued, digital identity –which allows you to access to Estonia’s public e-services. Estonians are able to access their medical records as well as register for businesses online, from anywhere in the world, using secure digital identities.
Ada Jonuse, CEO of Lympo, is a regular speaker at Blockchain conferences and has been defined as an emerging European tech star by the Financial Times and Google. Jonuse worked for the United Nations and in the European Parliament before she established her company. She aims with her company Lymbo to build an ecosystem where data is used productively by all industry shareholders as well as the general public and is rewarded justly.
Author: Berna Bayindir
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