Former Prime Minister of Estonia became a consultant to the blockchain startup
Taavi Rõivas, who headed the Estonian government from 2014 to 2016, and is now a member of Parliament, became Chairman of the Board of Trustees cryptocurrency startup Lympo. According to a press release, with signature token LYM the company intends to motivate people to lead an active lifestyle.
Rõivas confirmed this information on Twitter, writing that is inspired by the chance “to help one of the most promising Baltic startups grow and realize its mission.”
Lympo collects data on the health and physical condition of its users, and award tokens to those who fulfilled certain tasks. In the white paper States that these tasks can be published and even be sponsored by companies working with Lympo.
In return, the partners can get part of the data collected from the participants, although the white paper stresses that users remain owners of their information, and certain forms of collective use will be limited in accordance with the General EU regulation on data protection.
In August, the head of Ada Jonese said that initially the token LYM is built on the Ethereum Protocol, but the startup intends to move the ecosystem to another blockchain — most likely, NEO.