DIMO Price (DIMO)

DIMO (DIMO) Price Now

DIMO price today is $0.2603 with a 24-hour trading volume of $638,438. DIMO price is down -6.23% in the last 24 hours. It has a circulating supply of 220.17Mil DIMO tokens and a max supply of 1000Mil.
In order to search for real-time and historical information about DIMO (DIMO) blockchain, including data related to blocks, transactions, addresses, and more, you may use DIMO (DIMO) block explorers. Here are some of the most popular and useful DIMO (DIMO) blockchain explorers out there:

• etherscan.io
• polygonscan.com

What Is DIMO(DIMO)?

$DIMO is an ERC-20 token on the Polygon and Ethereum blockchain with a 1,000,000,000 token supply.DIMO is an ERC-20 token on the Polygon and Ethereum blockchain with a 1,000,000,000 token supply.

DIMO (pronounced "Dee-Moe") stands for Digital Infrastructure for Moving Objects. It is a platform that allows vehicle owners to collect, use, and monetize data from their vehicles using the [DIMO Mobile app](http://onelink.to/dimo) and 3rd party hardware devices available at [shop.dimo.zone](https://shop.dimo.zone/). Developers and data consumers can build apps and services on this stable, open platform, reducing the cost of delivering better mobility products and services. DIMO is built with open source components, providing transparency, privacy, composability, and reliability in IoT networks. It uses the Ethereum Virtual Machine (blockchain), cryptography, open source software, and hardware to achieve its goals. 

The mission of DIMO is to improve the real world by creating a secure, user-owned platform for connected devices, enabling anyone to take ownership of their IoT assets and build next-gen mobility apps & services. 

Why DIMO?

DIMO is built in the open with open-source components. This approach will unlock levels of transparency, privacy, composability, and reliability in IoT networks - increasing user and developer trust in connected devices and services.

• Users own & delegate access to connected devices, so they work for their owners, not the companies that built them;Users own & delegate access to connected devices, so they work for their owners, not the companies that built them;
• Developers can build apps and services that compete on their merits, not on access to gated distribution channels;Developers can build apps and services that compete on their merits, not on access to gated distribution channels;
• Privacy and regulatory oversight can coexist under transparent rules; and Privacy and regulatory oversight can coexist under transparent rules; and
• The physical and digital public goods that support modern connected devices can be properly funded.The physical and digital public goods that support modern connected devices can be properly funded.

Why is DIMO Useful?

When drivers connect their cars and stream data, they earn $DIMO. Everyone earns a portion of the weekly drop (baseline issuance), and they earn more when app developers and data consumers pay for their data or vehicle access (marketplace issuance).

DIMO Roadmap

2022 was a big year for DIMO as devices shipped out, cars got connected, and the $DIMO token launched. 2023 is set to be an even bigger year as new features and applications are set to launch to make DIMO more useful for drivers.

In Q1, DIMO gets easier to use as drivers get the ability to set advanced permissions and share their car with other users and the DIMO Mobile app adds an embedded wallet and increases the quantity and quality of car data displayed. These changes should make DIMO far more exciting and reduce the barrier to onboarding for people who are less crypto native.

In Q2, DIMO expands its functionality for more types of users. Fleets need new interfaces and account types to manage many cars and many drivers. Patrons (that pay for the device and want $DIMO) need an ability to send preconfigured devices to hosts (who mine tokens for the patron). Likewise we are delivering a new low-cost DIMO device to market to target new audiences.

We'll also be adding verifiable credentials so that any entity can make a verified claim about another entity. In other words, we can use cryptography to create a message that proves with 100% certainty that Ally Bank has claimed that a car has a clean title.

In Q3, the ecosystem opens up and more as data storage is decentralized, more data goes on-chain (trips), and SDKs accelerate the addition of new apps built on DIMO. At this point, use cases and protocol resilience will begin to rapidly expand.

In Q4 and beyond, the protocol continues to mature with increased decentralization, increased support for new vehicle types (such as scooters, planes, heavy machinery, etc.), more clients and apps, and formal relationships with car manufacturers. As is the case with other protocols, DIMO will start to ossify and expand horizontally, with a lot of exciting development moving further up the stack to the ecosystem of apps and use cases being built on top of it.

DIMO (DIMO) Community

• Twitter: https://twitter.com/DIMO_Network
• Discord: https://discord.com/invite/dimonetwork

What is DIMO (DIMO) Contracts address?

• Ethereum: 0x5fab9761d60419c9eeebe3915a8fa1ed7e8d2e1b
• Polygon: 0xE261D618a959aFfFd53168Cd07D12E37B26761db