What is DIMO?
DIMO is an open software platform that allows drivers to stream their vehicle data in exchange for tokens—practically employing Web3 technology to build a user-owned network that maximizes the value of IoT data and functionality while minimizing privacy and systemic risks.
Today, DIMO provides a way for people to collect, custody, and share data from vehicles, built on a framework that enables participants to earn ownership of the network proportional to the value they create.
We are building the foundation for a developer ecosystem that will enable next-generation mobility applications for connected vehicles, which we believe is necessary to scale the deployment of key technologies like zero-emission and automated vehicles.
How can I connect today?
If you’re a driver, you can become a data provider by connecting your vehicle to DIMO, providing “supply” to the network. When you stream verified data you’re eligible to receive $DIMO tokens. Head over to app.dimo.zone to create an account and connect your car.
Who is building this and Why?
DIMO grew out of a product studio and IoT consulting firm called Digital Infrastructure Services in 2020. Our project is heavily inspired by Helium, which demonstrated that token incentives are a capital efficient way to build supply in real-world user-owned IoT networks.
The full-time core team is made up of 8 engineers with deep mobility, web3 and IoT experience as well as 3 non-technical contributors that split responsibilities associated with go-to-market, organizational design, finance, strategy, marketing, governance, and partnerships.
Throughout the project formation phase, the core team has worked with dozens of individuals and organizations as advisors to guide technical and strategic decisions, capital partners to provide seed funding, beta testers to provide data and product feedback, and 3rd party developers to build non-core product and platform software. As we add significant new contributors to the project we’ll list them on this page.
We’re on a mission to fulfill DIMO’s mission to advance how devices help people connect with and move throughout the world.
Want to Build apps for cars and drivers?
The core team is developing an extensive DIMO Grants Program that will allow developers to earn significant $DIMO in exchange for building key applications on the platform.
Apps are set up as “data consumers” that can pull data from the protocol to learn about the performance of components like batteries, automated driving systems, and controls. This will enable the development of disruptive new applications for fine-grained insurance, ride hailing, traffic navigation, vehicle financing, energy grid optimization, and much more.
When did DIMO start?
DIMO grew out of the work and R&D of the core team over the last year. After a lot of R&D we will launch in Alpha late 2021 and begin onboarding thousands of users in early 2022. If you’re here now, you’re early!
What can I do with DIMO as a driver today?
Data providers can access a growing library of applications and services built on DIMO. Today, this is a limited set of data storage and “read-only” vehicle information apps developed by the core team – available at app.dimo.zone.
Legally Speaking, What is DIMO? What is a DAO? Why a Cayman Foundation?
As a legal entity, DIMO is designed to maintain flexibility and regulatory compliance in as many jurisdictions as possible.
As a “real world” project, DIMO will need to maintain a legal entity and business presence in each major jurisdiction that the project operates in.
Today, Digital Infrastructure Inc. is the primary legal entity through which the company operates in the United States, and we intend to launch DIMO EU and Asia entities within 18 months of January 2022.
Is DIMO just for Electric Vehicles?
No! DIMO can be useful for any vehicle that provides data. You can think of a vehicle in DIMO as a single entity that can have multiple different streams of data attached to it from a number of different sources.
Modern cars typically produce more data and have additional sensors built in, so you may be able to provide more value to the DIMO network (and earn additional rewards) with these vehicles.
What are the different ways to connect my car to DIMO?
Initially, DIMO will offer a few ways for drivers to connect their cars.
The first is via Smartcar, a handy interface that allows anyone who already has an app for their car to use those same credentials to connect to DIMO. It’s like Plaid, but for your car. By signing up and adding your car, we can automatically tell you if you will be able to connect with SmartCar, but you will need your vehicle app credentials!
We’re also releasing the very first version of a DIMO hardware, a miner like a Helium hotspot that allows you to stream data from your car by plugging it into your car’s standard data port, the OBD2 port. This is the same port used by insurance plug-in devices or diagnostic tools. The device was made in partnership with AutoPi and it delivers far more data and also earns drivers higher rewards.
Why are you paying me when other companies charge me to provide analytics and connectivity for my car?
DIMO can get more value from the data and vehicle connectivity because it is structured as an open and user-owned platform. the user’s advocate in the marketplace.
To reverse the status quo where users are taken advantage of for their data, we want to build the biggest data set, and the rewards are an incentive for you to share that data with a platform that is on your side.
What am I earning during the DIMO Alpha?
During the DIMO Alpha we are awarding users future $DIMO tokens. The token may eventually be used in a variety of ways from accessing the data to voting on new features for DIMO to other options (see below for more).
Where do these tokens come from?
DIMO will be issuing these tokens to those who provide verified data that matches conditions set in the Demand Signal. Any user who connects their eligible vehicle and opts to share data can earn these tokens.
As data purchasers join the platform, users who are data providers will earn their fair share of the amount paid by consumers. The initial baseline issuance is set by the core development team to kickstart the platform by ensuring that the top 100 vehicles by production volume are supported.
How do I know how many tokens I will earn?
DIMO has published a formula for calculating how many tokens you will earn. This can depend on the type of car you have, how much you drive, how reliably you keep your car connected, and other factors. As a new demand signal is layered on, additional rewards can be earned for increasingly complex or specific tasks. To learn more about the formula, visit our documentation page.
What can I do with $DIMO tokens?
DIMO is an open-source and community-built project. This means anyone can have a say in what is being created from product features to new products entirely. The only requirement is that you have some $DIMO tokens that you can use to vote.
This is a major change that is happening in the tech world where users are being empowered to take control of the products they use. We love leading the way.
For more information about the $DIMO Token, check out the brief intro, and deep-dive webpage.
You can view the first Demand Signal Proposal here, and track subsequent versions as they’re published.
How am I being rewarded?
Rewards will be minted via smart contract directly into your wallet (we’re not building our own blockchain). Users will be able to connect and get paid to their own wallet.
Can I get paid in USD?
At this time, no. DIMO may add other reward methods over time.
Where can I learn more about data privacy and protection?
Visit our dedicated Data and Privacy Page. (Coming Soon)