DIMO is establishing an open, decentralized vehicle network to transition the automotive industry from siloed, "walled garden" data models to a permissionless Web3 ecosystem. By creating permanent on-chain vehicle identities for over 70,000 connected cars, the protocol enables owners to control their data while reducing the high costs associated with maintenance and insurance. The network functions as a digital twin infrastructure—comparable to Ethereum but specialized for mobility—where developers utilize APIs and SDKs to build applications for predictive maintenance, EV charging analytics, and cellular coverage mapping. With over $1 billion in assets currently connected, the platform utilizes a utility token to facilitate a flywheel effect between users seeking utility and developers accessing high-fidelity telemetry. This shift from analog vehicles to a "Web3 app store for cars" allows for real-time software updates and verified data sharing across a diverse marketplace of automotive services.
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