News Snapshot:
Blockchain gaming company Animoca Brands has announced that it will acquire fitness application Lympo through its wholly owned subsidiary, Animoca Brands Limited, for an upfront consideration of almost US$1.4 million. Photo credit: Lympo Lympo operates a blockchain platform that helps users lead a healthy life by rewarding them with Lympo Tokens (LYM) when they exercise using the company’s mobile app. It is also building a data-sharing ecosystem, which will connect fitness and wellness stakeholders with users via a blockchain-based reward system that’s linked to users’ health and fitness data. Lithuania-based Lympo claims that there are currently over 75,000 holders of...
