DIMO

$DIMO

My DePIN of the week is DIMO DIMO acquires your car data, anonymize and sells the aggregate to companies to make better products, optimize services and locations.

Whats the catch ?

For that you have to acquire a 'miner' that is a known car-reading device obd scanner. When I need a repair, i check the 3-4 opinions, it costs 180+ dollars just to decide the mechanic prognostic and service due to scanner fees.

The great thing

Is that having it in your vehicle, you can have real time data to oil, engines, temperature and all measurable levels that you only know when it's TOO LATE. With that, you not just goes preventively to the cars service, but you get DIMO tokens. #Does it need a Blockchain? How's that ? Yes, to rely on data! When you insert and configure the hardware with polygon chain, you'll have you car ID as NFT and start earning in that wallet's NFT address.

Lets get to the Numbers!

As of 24th Feb23 they had only 7k cars connected, and today, almost a year later 17th feb 24, there are 45,640 cars connected ! #What's the Killer App for me? There are some nice partnerships but the main idea for me is the P2P car sharing system.

Why ?

With the obd scanner, you can rely and measure how much someone should pay for the ride according to that drivers vices and necessary maintaining that it will occur due to his driving.

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