DIMO Announces Tokenomics Update and Migration to Base
DIMO Announces Tokenomics Update and Migration to Base
馃殫 Your Car Data Just Leveled Up
DIMO is updating its tokenomics model and planning migration to Base blockchain. Key changes include:
- Developers will pay $1.25/month per car in DIMO Credits (DCX)
- DCX fixed at $0.001, purchasable only with DIMO tokens
- 60% of tokens spent on DCX go to protocol revenue
- 40% allocated to vehicle data storage providers
The migration to Base aims to enhance:
- Enterprise credibility with automakers and DMVs
- Commerce modernization through onchain payments
- Community engagement and ecosystem growth
- Performance and security via Ethereum
Final migration subject to token holder governance vote.
It's time to refresh DIMO tokenomics and grow onchain revenue. TL;DR devs pay $1.25/month per car in data credits. Credits are purchased with DIMO tokens.
DIMO Launches Beacon Protocol Integration for AI-Powered Driving
DIMO has integrated Beacon Protocol into its Marketplace, with over 2,500 drivers already participating in a groundbreaking initiative. The partnership with Flock.io creates the first custom AI model for smarter driving. - Drivers can connect their vehicles to contribute data - AI provides personalized driving efficiency recommendations - Users earn Beacon points for their participation The system aims to optimize fuel efficiency while maintaining data privacy and security. Drivers can start earning rewards while contributing to the development of advanced driving AI. [Connect your vehicle now](https://dimo.onelink.me/n8Wu/ahuzsjhn)
DIMO Launches Car IDs with Reward Program
DIMO has introduced **Car IDs** in their mobile app, allowing drivers to showcase their vehicles with customizable digital identifiers. Key features: - Personalize Car IDs to match your actual vehicle or create custom versions - Access via Vehicle Detail page in the DIMO mobile app - Share directly to X (formerly Twitter) **Special Promotion**: - Post your Car ID and tag @DIMO_Network - 10 winners will receive 500 $DIMO tokens - Contest ends Friday Share your ride and join the DIMOnday celebration for a chance to win!
DIMO Partners with WiFiMap App in Marketplace Integration
DIMO has announced a new partnership with WiFiMap, adding to its growing marketplace offerings. - WiFiMap helps travelers locate free WiFi spots, restrooms, and water fountains across 100+ countries - DIMO users receive 10 $DIMO tokens as a signup bonus - Integration aims to enhance travel convenience for DIMO community members The partnership expands DIMO's utility beyond vehicle connectivity into broader travel services, marking another step in their ecosystem growth.
DIMO Reaches 100M Token Distribution Milestone for Driver Rewards
DIMO has achieved a significant milestone in its driver rewards program, having distributed over 100 million $DIMO tokens to participating drivers through weekly rewards. This development comes alongside steady growth in the platform's vehicle network, which recently surpassed 21,400 minted vehicles. Key highlights: - 100M+ $DIMO tokens distributed - 21,400+ vehicles minted - Weekly reward system continues This milestone demonstrates the platform's commitment to rewarding drivers while building a connected vehicle ecosystem.
DIMO Announces AutoPi Giveaway at Midwest Blockchain Conference
DIMO is hosting a special giveaway during Midwest Blockchain Conference week with **5 AutoPis** up for grabs: - 3 AutoPis for university students who create the best X threads about DIMO (deadline: Nov 7th, 11:59pm ET) - 2 AutoPis reserved for lucky conference attendees *Event Details:* - Location: Midwest Blockchain Conference - Website: midwestblockchain.org - Deadline for student submissions: November 7th Join the conference to participate in this exciting opportunity to win automotive IoT hardware.