After $5.5 Million Pre-Sale, Lympo Launches ICO

The health and wellness app Lympo recently raised $5.5 million during the pre-sale of its Initial Coin Offering (ICO), which launched on February 16. ICOs are unregulated means by which funds are raised for new cryptocurrency ventures.

Thanks to a recent partnership with Pundi X, Lympo’s tokens (LYM) are now usable for purchasing products thanks to the company’s blockchain payment system technology. By collaborating with Eidoo’s ICO engine, Lympo is able to promote the sale of its new cryptocurrency to tens of thousands of consumers. Consumers are able to use Lympo to track their fitness . . .