Lympo's LYM Token Launching in South Korea

Beginning with the listing on Upbit's subsidiary - Allbit - Lympo makes its first step into the Korean market

SEOUL, South Korea, June 7, 2018 /PRNewswire/ -- Lympo is a company specializing in monetizing sports and health data via blockchain. Its token - LYM - will land in Korea on June 7.

Lympo CEO Ada Jonuse said that the company's LYM token will be listed on Allbit (Upbit's decentralized exchange) today. She visited South Korea from May 29 to June 3 and attended many interviews, meet-ups, and lectures. According to Ada, "Lympo had some fruitful meetings with Korean companies. We will coninue to strive to make LYM available on more Korean exchanges and Allbit is just the beginning."

Lympo has remained stable throughout the post-ICO period and has received worldwide attention.

With Lympo, users will be rewarded in two ways. First, they will be able to do fitness challenges, created by sponsors (sports companies, gyms, etc) and after completing the challenge they will get a certain amount of LYM tokens. Second, users can share their exercise data with companies (sports apparel/equipment companies, health insurance companies, etc) who want to use user's real data and the users will be awarded LYM tokens.

The company understands that their target users are interested in sports and fitness, Lympo has focused on partnerships with sports influencers. As a result, they signed a partnership with women's tennis superstar Caroline Wozniacki (2nd in the world ranking) in April and also signed a major partnership deal with the NBA's Dallas Mavericks in May.

Lympo app, which will allow users to receive rewards through exercise and data monetization, will be launched in Q3 2018.

SOURCE Lympo

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