In my opinion, DIMO is a very unique Mobility project. It has tremendous potential.
In their own words-"Our mission is to be the driving force behind the future of mobility: a future where data shapes infrastructure, emissions are lower, roads are safer, and life behind the wheel is—well, better."
Built on Polygon, it has created a device that you can connect to your car's obd reader. It creates your car's identity on blockchain as an NFT. The device reads data(Car's health, your driving habit etc) and shares it on the network regularly. By providing data, car owners earn Dimo token. Dimo opens up the shared car data to potential businesses for building applications. They already have many application built into their mobile app -
- Refinancing your car
- Lease End (Helping maximizing car's lease value)
- Used car market - utilizing Dimo collected data for better pricing and decision
- Dimo Connect- Buy wifi for a long drive through Dimo app
- Read Error Codes
- Your mechanic - Get discounted local mechanics
Unlike Helium, where more devices in an area reduces rewards and creates redundancy, Dimo will be happy to have all the cars connected. More cars and more data make the whole ecosystem better. It creates endless possibility of creating new economy (ie, better insurance for better drivers).
I am super excited to see real world problems being solved through blockchain technology. Future is definitely bright. Show Less
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