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1  Alternate cryptocurrencies / Altcoin Discussion / Blockchain Fitness App Partners with Dallas Mavericks as Launch Nears on: May 31, 2018, 04:23:37 PM
A blockchain-based app that motivates people to exercise and lead healthier lives has unveiled new partnerships with a major sports star and professional basketball team as it edges closer to launch.
The Dallas Mavericks and Lympo, a blockchain app which motivates people to exercise and be healthy, are announcing today a multi-faceted partnership that includes a practice jersey patch and the renaming of all Mavs practice facilities. Later this year, the Mavericks and Lympo will unveil the rebranded Lympo Training Facility and the Lympo Training Court, as well as new practice jerseys featuring the Lympo logo. In this three-year deal, the partnership will also include the creation of a new Mavericks Fitness Team and future integration of Lympo cryptocurrency tokens in Mavericks blockchain initiatives, including an option to purchase tickets. Dallas Mavericks said: "We will work together to integrate LYM into the Mavericks payment system with an option to buy game tickets and fan gear."
New Tokens Added: May 31, 2018 Bitfinex: "Over the past two weeks, the Nectar community had the opportunity to select which tokens would be the next to be listed on the Ethfinex exchange. Today, we have listed the four tokens with the most votes from our users. Those four tokens are Lympo, BLOCKv, Dadi and UTRUST. Deposits for these tokens are now enabled and trading will go live at 17.00 CET."



Lympo officially listed on Bitfinex and Ethfinex. Deposits will become available at 12 UTC time and trading will start 3 hours later with LYM/ETH, LYM/BTC and LYM/USDT trading pairs available. Bitfinex prides itself on being the most advanced cryptocurrency trading platform, offering its users state-of-the-art services and low trading fees. Ethfinex, the Bitfinex partner exchange, has done its first community listing vote and Lympo took it to the top with 7,4 MILLION EVT votes for the Ethfinex voting competition. That's 0.9 mil more than the second place. I would say that this is a token of qualification. The community members can be very proud and especially for the Lympo team! Also 1,6 Mil more than place 4, which is the last place to be listed. Awesome in my opinion.
LYM price is going nuts right now according to the TOP20 of the biggest gainers of CoinMarketCap, +8.72% change within 1 hour and +24.93% in 24 hours, which is truly amazing! This will lead to a huge progress and tThose are some fantastic news for Lympo and its way to improve the fitness blockchain-based world! Great for the blockchain world pushing crypto + fitness forward and getting cryptofit!
What do you think about the price today and the next time with more and more listings on exchanges?
In this case as well, Lympo has won the HADAX voting and will be listed there in the next time, probably next week.
Ada Jonuse, the Lympo co-founder and CSO Tadas Maurukas have been in Seoul, South Korea. They got meetings with the guys from Allbit, a new decentralised Korean exchange where a token has to be listed in order to get to Upbit. 
So a lot of exchanges are coming, where will you see the price of Lympo in the next time?



https://coinmarketcap.com/currencies/lympo/
https://cointelegraph.com/news/blockchain-fitness-app-partners-with-dallas-mavericks-as-launch-nears-2
https://www.mavs.com/dallas-mavericks-lympo-app-announce-multi-year-partnership-promote-health-fitness-tech/
2  Alternate cryptocurrencies / Speculation (Altcoins) / General Data Protection Regulation: What does this mean for BTC, ETH &Co? on: May 25, 2018, 11:50:04 AM
The time has come: the General Data Protection Regulation (GDPR) comes into force. The problems caused by the new data protection law with public blockchains are highly problematic and many are unclear. The right to be forgotten collides with the ability not to forget. The principle of central responsibility stumbles over decentralisation. How can this be reconciled with the blockchain and crypto currencies? Does the GDPR even apply to block chains?
When initial questions were asked about the compatibility of Bitcoin and the GDPR, some argued that the blockchain was anonymous. As everyone now knows, the blockchains at Ethereum and Bitcoin are not anonymous, but pseudonymous. Thus, the GDPR may be applicable.
Moreover, the scope of application of the GDPR is extremely wide.

Firstly, due to digital networking and the attractive European Economic Area, it is de facto applicable worldwide in territorial terms, namely according to Art. 3 GDPR in simplified terms whenever data are processed by EU citizens or when data processing takes place within the EU.
In addition, data processing is an inherent part of the functioning of a block chain, which brings it more into the focus of the GDPR.
The blockchain stores all transactions ever made. With this transaction data, it contains information about the credits and cash flows assigned to the individual bitcoin addresses. With the appropriate additional knowledge, this makes it easier and easier to relate to the people behind the scenes. The stored hashes are used for user identification. Thus they are person-related for those persons who have or can acquire the necessary knowledge to assign this information (with relative means) to a certain person - for example, if a trading exchange, a marketplace or an online shop is involved. This makes the GDPR applicable to public blockchains.

Against whom can the associated obligations be enforced at all? Who is responsible for any breaches of the GDPR? According to Art. 4 No. 7 GDPR, the person responsible is the person who alone or together with others decides on the purposes and means of processing personal data. So it's about the real power to control the Blockchain.
The example of Satoshi Nakamoto shows that it cannot be the person who programmed and started the blockchain: After the start, he gave up control completely.
The miners cannot be seen as responsible either. Their influence is limited only to the calculation of new blocks. They have neither influence on the content nor any real decision-making power. They only provide the computing power.
However, this is different with full nodes: Whoever carries out a transaction and thereby distributes information or enters it into his copy of the block chain, processes data, participates in the network and pursues his own economic purposes - and is responsible according to the GDPR.

The applicability of the GDPR to block chains did not seem to have been considered in its elaboration. This poses considerable practical problems with today's entry into force. Stock exchanges and marketplaces that allow trading in bitcoin and other crypto currencies are exposed to considerable liability risks. Uncertainty also exists for all private nodes, as far as they are to be regarded as responsible. It remains to be seen how the supervisory authorities and courts will decide on public blockchains. In addition, it will become clear to what extent the persons concerned will find those responsible to assert their rights due to the decentralised and open design of the Blockchain.


How are you feeling about such determinations? Will it change something for you or with you and your actions with regard to the Blockchain, Cryptocurrency?
I'm currently relating on a sports and fitness application project and ecosystem powered by user-generated and user-controlled fitness and wellness data. The use of data is a very sensitive issue, especially in this respect. In this case Lympo is working perfectly in syncronation with the European Union’s General Data Protection Regulation and they will follow all laws accordingly.
"When data of such value is shared with the rightful parties it would be very valuable in offering extremely effective and tailor-made services and products. Lympo comes into the picture with a two-fold approach of having the digital wallet that rewards customers for sharing the data that they own, and having a marketplace where these rewards, which are offered in terms of LYM tokens, can be used to purchase products and services from the health and wellness market. [...] However, companies accessing the data of Lympo users who want to sell it on this platform, would have nothing to worry about when it comes to GDPR because of one major reason. Lympo users will be able to register permissions for the data access on blockchain thus producing an immutable ledger with their consent. By giving users the access to their own data and allowing them to share it with data processors, Lympo offers a powerful service for data driven companies which will not have to develop their own system including user’s consent for their data usage."

Tell me your thoughts about it! Smiley


Works, Quotes, Research and development comes from this Article.
Lympo's Article/statement for GDPR
3  Alternate cryptocurrencies / Announcements (Altcoins) / LYMPO Contest on reaching the TOP 100! on: May 19, 2018, 01:01:14 PM
LYMPO.IO - CONTEST BY Tony Guoga





The competition is about the guessing of the Lympo entrace to the TOP 100 on Coimarketcap. Whoever can guess the exact Date&Time when LYM will hit TOP 100 on CoinMarketCap , he will reward the person with 60,000 LYM! Only one guess per person; just post your guesses in the Lympo Telegram channel
4  Alternate cryptocurrencies / Speculation (Altcoins) / HSBC: First commercial transaction concluded via Blockchain on: May 16, 2018, 12:21:36 PM
Europe's largest bank, HSBC, has concluded its first commercial trading transaction via the Blockchain. This was a letter of credit for Cargill issued to the Dutch lender ING. What used to take days was completed within 24 hours with the help of the blockchain.

As CNBC reported on May 14, HSBC (Hong Kong & Shanghai Banking Corporation Holdings PLC) has probably completed the world's first commercial trade finance transaction using Blockchain technology. HSBC is based in London and is the largest international bank in Europe. The transaction involved a letter of credit for the American food and agricultural company Cargill, which was issued to the bank ING. Part of this was a mass delivery of soybeans from Argentina to Malaysia.

Letters of credit are mostly used in international trade. They are contractual obligations of the buyer's bank to make payment to the seller when he presents certain documents. This gives buyers and sellers the greatest possible security over their trading business.

Previously, such a transaction had taken five to ten days and a lot of paperwork. With the use of Blockchain technology, trading could be completed within 24 hours. HSBC used the Corda platform of the block chain start-up R3.

One of the quotes from the Head of Growth and Innovation at HSBC, Vivek Ramachandran is saying:
"The need for paper voting is eliminated as all parties are linked on the platform and updates are immediate. The rapid turnaround could mean the release of liquidity for companies."

Another spokesman for the company emphasized that although proof of concept transactions with the Blockchain technology had already been carried out, HBSC was the first to use it commercially. The blockchain offers enormous potential for this, since it can process large amounts of data within a network and not only transparently, but also invariably. Santander Bank's recent announcement showed that banks are also beginning to appreciate these qualities.


Do you think banks will use existing cryptocurrencies for their kind of banking if all that will really come?
I think not, they're just using the concepts, but not existing currencies on the blockchain.
Will banks bear in mind payment coins? Is that all feasable?



Works, Quotes,Research and development comes from this Article.
5  Alternate cryptocurrencies / Altcoin Discussion / Stability of the Top 10 on: May 15, 2018, 09:40:14 AM
Even though the Bitcoin Cash rally is over, the gap between Ripple and Bitcoin Cash is still only 19 percent. Litecoin and Cardano are only 10 percent apart. Stellar and Cardano are in a real head-to-head race and are only 6 percent apart. After all, IOTA and Tron are only 11 percent apart, as they were last week.

NEO is not out of the running yet either: Only 11 percent are between NEO and Tron.

The "rear places" are still very competitive, although the gap is not as close as last week.

Winners and losers in a price crash on average, all crypto currencies have fallen by ten percent. Most of the crypto currencies have performed about as well or as badly as Bitcoin. The situation looks better for the Top 100: Share prices here fell by an average of 6 percent.

The token of the Kik-Messenger KIN could almost double its course. The announcement to launch a free crypto currency based on Stellar seemed to have pleased many. However, Bytecoin and Dentacoin also recorded price increases of over 50 percent. In the case of bytecoin, this is primarily due to the listing on Binance. The losers of the week are Ethereum Classic, DigixDAO and Waykichain, whose prices have fallen by about a quarter.

Overall, 58 percent of the top 100 crypto currencies perform worse than Bitcoin. Accordingly, Bitcoin's market share remained almost constant at 36.6 percent.

Right now the market is going up again with a Market Cap of $406.983.271.081. Some more green numbers can be seen at the moment.
Nothing really has changed in the structure of the Top 10. As in the last week, you should not take a long position, but mostly wait for a possible overcoming of the resistances or a bounce at the support. Similarly, with regard to a short position, one should wait for the support to break through or bounce off at a resistance.

What do you think about new coins, some with use-cases, that can withstand the market and are not one here for Ponzi schemes, Dump'n Dump, etc.?
I personally got 3 as I think promising coins for the next time, but I wanna hear more thought from you about Lympo, a blockchain based healthy lifestyle ecosystem powered by user-generated and user-controlled sports and wellness data aiming the sports and fitness industry. Would that be a huge deal for cryptocurrencies?
Would that be one coin to reach the top 100 at least or are there other ones where you think things could go high up on the basis, of course, of a real benefit for the industry, not as described above.
6  Alternate cryptocurrencies / Speculation (Altcoins) / Blockchain and Sports - What do you think about it? on: April 19, 2018, 06:22:03 AM
To start this I'm really interested in the project Lympo and have been doing a lot of researches yet. In a nutshell Lympo intends to revolutionise the healthy lifestyle ecosystem by monetising and incentivising wellness data which is collected via blockchain. The usage of mobile health (mHealth) apps and wearables is ever-growing. More than 52% of smart phone users gather health-related information on their phone. In 2016 alone, mHealth app store downloads totalled 3.2 billion. Health-related data is a precious asset for both individuals and stakeholders in the data-driven sports, health and wellness industry. So it will definitely have a great use-case actually from now on. Powered by user-generated and user-controlled fitness and wellness data, Lympo will allow the exchange of value through the introduction LYM utility tokens. Lympo’s goal is an ecosystem where data is used efficiently by all industry stakeholders and everyone is rewarded fairly.
It will contain overall three sectors:

  • 1. the Lympo fitness wallet,
  • 2. a marketplace and
  • 3. the Lympo crowdfunding platform

The Lympo app combinded with the ecosystem will be a great place to host crowdfunding initiatives. One reason is because of it's truly ambitious way to attract people with many different sportsmen. Furthermore it will attract people and businesses truly enthusiastic about healthy and active lifestyle. Also the use of wearable fitness trackers data can be utilized and reused for later purposes. Paired with the growth of the global wearables industry, the Lympo ecosystem will enable users to provide individualized, verified, self-generated data and receive LYM tokens in return. The user will then be able to spend it on various goods as well as services in the Lympo marketplace, which will eventually encompass a network of health, wellness, and sports services and goods.

The reason why I started this topic is or the to get on, the question is now - are people who work out really the same people that could use blockchain? I can really bet blockchain is of interest to coders, not sportsmen mainly. I'm one of the guys who're just really interested in the whole world of cryptocurrency and doing a lot therefore to inform myself, but doing aside a lot of sports such as body workouts, like Freeletics or Madbarz and taking part in obstacle race courses. So I'm curious what do you think about it, to combine fintness and sports on the blockchain. Lympo also has lastly some huge partners, recent joining is one great Tennis player. As of today, Lympo’s official partner is Caroline Wozniacki world’s top tennis player with millions of sports fans and followers!
This is a huge step for Lympo and Caroline is exactly the right person to help bringing Lympo to the world. Wozniacki, who won the Australian Open this year and who was named the first athlete in the Most Powerful Women in International Sports list by Forbes, will promote Lympo to her fans, followers and the wider sports community, explaining the app benefits and spreading the word about our mission. It's a great submission for Lympo and I really believe it will have a huge impact to the whole crypto and healthcare sector. More and more people getting in contact with the topic and getting to know more about a good lifestyle, blockchain and sports. A quote of the team: "This partnership inspires us to work even harder to make the world a healthier place and we are truly delighted to have this great athlete join our journey. Welcome aboard, Caroline!"

 

Lympo Medium
Lympo Website
Lympo Summary
7  Alternate cryptocurrencies / Altcoin Discussion / Blockchain and Sports - does that fit together? on: April 18, 2018, 06:54:27 PM
To start this I'm really interested in the project Lympo and have been doing a lot of researches yet. In a nutshell Lympo intends to revolutionise the healthy lifestyle ecosystem by monetising and incentivising wellness data which is collected via blockchain. The usage of mobile health (mHealth) apps and wearables is ever-growing. More than 52% of smart phone users gather health-related information on their phone. In 2016 alone, mHealth app store downloads totalled 3.2 billion. Health-related data is a precious asset for both individuals and stakeholders in the data-driven sports, health and wellness industry. So it will definitely have a great use-case actually from now on. Powered by user-generated and user-controlled fitness and wellness data, Lympo will allow the exchange of value through the introduction LYM utility tokens. Lympo’s goal is an ecosystem where data is used efficiently by all industry stakeholders and everyone is rewarded fairly.
It will contain overall three sectors:

  • 1. the Lympo fitness wallet,
  • 2. a marketplace and
  • 3. the Lympo crowdfunding platform

The Lympo app combinded with the ecosystem will be a great place to host crowdfunding initiatives. One reason is because of it's truly ambitious way to attract people with many different sportsmen. Furthermore it will attract people and businesses truly enthusiastic about healthy and active lifestyle. Also the use of wearable fitness trackers data can be utilized and reused for later purposes. Paired with the growth of the global wearables industry, the Lympo ecosystem will enable users to provide individualized, verified, self-generated data and receive LYM tokens in return. The user will then be able to spend it on various goods as well as services in the Lympo marketplace, which will eventually encompass a network of health, wellness, and sports services and goods.


The reason why I started this topic is or the to get on, the question is now - are people who work out really the same people that could use blockchain? I can really bet blockchain is of interest to coders, not sportsmen mainly. I'm one of the guys who're just really interested in the whole world of cryptocurrency and doing a lot therefore to inform myself, but doing aside a lot of sports such as body workouts, like Freeletics or Madbarz and taking part in obstacle race courses. So I'm curious what do you think about it, to combine fintness and sports on the blockchain. Lympo also has lastly some huge partners, recent joining is one great Tennis player. As of today, Lympo’s official partner is Caroline Wozniacki world’s top tennis player with millions of sports fans and followers!


Lympo Medium
Lympo Website
Lympo Summary
8  Alternate cryptocurrencies / Altcoin Discussion / Crypto thoughts on recent news? on: April 13, 2018, 09:06:16 AM
The last weeks and months have been anything but rosy for the crypto market. Falling prices and bad news have hit hard on the mood in the crypto-ecosystem - FUD (Fear, Uncertainty and Doubt) made big waves. Some reports quickly gave the impression that the crypto-economy was at an end. Crypto currencies have developed into a highly attractive asset class, especially in the second half of 2017. In contrast to traditional exchange-traded financial market products, the entry hurdle here is considered low - anyone can invest in crypto currencies after a few simple steps with a small portfolio. Hower what do you think about cryptocurrency the upcoming time?

There are a lot of crypto whales who really have a huge impact on crypto space, this is true. Now with recent news from Soros, Rothschild, and other big institutional Investors who are entering the Bitcoin Market. Slowly but surely, the tide will turn in favor of all cryptocurrencies. Financial moguls, including George Soros, the Rothschild family, and others, now have their sights set on Bitcoin. It makes for an interesting development, albeit the potential impact has yet to be determined. What are your thoughts about those big players? Do you think it's good?

Furthermore the EU is getting more and more interest in Blockchain and it's use-cases. In the opening speech at EU Digital Day, EU Commission Vice President Andrus Ansip called on member states to become more involved in the use and development of blockchain technologies. Europe must play a leading role worldwide. To achieve this goal, 22 EU member states signed a Blockchain partnership at the event on 10th April. In the future, this should bundle the commitment especially in the further expansion of the common digital market. The Federal Ministry of Economics and Energy is currently looking for examples of applications and ideas for how Blockchain can create added value in the areas of education, energy, health, transport and administration, among others. The open innovation platform of the Intelligent Networking Initiative of the Federal Ministry of Economics and Technology (BMWi - Germany) will focus on blockchain in 2018. We will have great times ahead! Just to mention, I'm German, so I'm a little hyped about this.

Also various economics faculties at Brazilian universities deal with crypto currencies. In addition, there are many research projects and master's courses on the subject worldwide. There are already a number of initiatives in Germany as well. The Brazilian university Fundação Getúlio Vargas in São Paulo is starting a Master's programme focusing on crypto currencies.

More and more adoption for cryptocurrency world is coming, 2018 will be a great year. Tell me your thoughts about it. Smiley




Soros, Rothschild, and Big Institutional Investors are Entering Bitcoin Market
9  Alternate cryptocurrencies / Speculation (Altcoins) / Will Lympo revolutionize the way of doing sports also with a new ecosystem? on: March 15, 2018, 07:50:48 AM
LYMPO.IO - MONETIZING SPORTS AND HEALTH DATA VIA BLOCKCHAIN

I really do a lot of sports in my free time and this combined with blockchain and a reward system would be just awesome!
So Lympo just aims such topics and wants to bring it all together. A short explanation can be found in their short Summary and a much more detailled version of the project behind in the Whitepaper.

Here is a small excerpt from Lympo's CEO Ada Jonuse about the product Lympo wants to build:

"With Lympo we are building digital fitness wallet that will be an app, which is connected with other apps or wearables that you already use and they are tracking your fitness activities: steps, running distance and or sleep rhythm. And we are connecting that with the apps or wearables that has open APIs, because we can connect them with our app — Lympo digital fitness wallet."

Tokens can be earned in some different ways, Ada comments as follows:

"We offer two ways our users to earn LYM tokens: one way is to work with personal trainer who uses lympo and your personal trainer can come up with challenges ideas like run 5km every day or maybe swim 1km every day. And you will submit all your data and when you reach your challenge goal you will get tokens from your achievements."

These quotes are from the Q&A-session from an Medium article.

So I want to ask you guys what do you think about the idea at all and Lympo wants to aim?
I'd say that it would be perfect if it gets combined in running fitness apps like Freeletics or Madbarz. Partnerships with such apps are one great way to attract more people. I also tried to contact them and wanted to convince these Apps getting in contact with Lympo, but so far unfortunately without success.
There are right now several partnerships like Smackway or GymPro. Strong communities behind the team and from existing apps could be combined to achieve much more.
So it would be great if you comment something about it, no matter what.
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