Wednesday, September 6, 2017

DOVU - Blockchain for Mobility backed by InMotion

DOVU is shaping the crypto model for the mobility ecosystem. Introducing a transport focused protocol to accelerate the development of mobility related decentralised applications (dApps), the DOV token powers new business models in the transportation sector. The creation of these dApps will be fueled by data, therefore the DOVU API Marketplace will support the community further by simplifying the development of mobility data globally.

Fluid mobility is burdened by market inefficiencies and fiat limitations. Currently, there is no reward mechanism for an individual to contribute value back into the ecosystem, such as sending electricity back to the grid from their electric vehicle. In essence, this means that an important well of value is left untapped, needlessly slowing down the process of innovation. As it stands, we’re facing a world with self-driving cars, where you still need to fill out paperwork for insurance, pay per fixed units of an hour, and you don’t control your own driving data. Thankfully, blockchain is exceptionally well suited to solve these problems.

platform consists of the following components, the DOVU Protocol (detailing data interchange and attribution of value), the DOV token (for payment within the platform) and the DOVU API Marketplace (the first dApp developed by DOVU). The DOVU Protocol is open source and facilitates the development of mobility related dApps. Based on Ethereum, the DOV token is used for transactions within these dApps.
The DOVU API Marketplace is transforming global monetisation of data in the transport sector, simplifying access to transport related data and accelerating the integration of multiple data points via APIs. The DOV token reinforces the quality of transport focused dApps, such as the DOVU API Marketplace. Contributing to the quality of the ecosystem can earn you DOV Tokens, e.g. adding an API, testing an API, or creating tutorials. Similar to in-game currency, contributors are rewarded with tokens based on the quality of their input. This introduces a self-reinforcing and peer reviewed feedback loop continuously enhancing the quality of the ecosystem.


A finite amount of 1.2 billion tokens will be issued. Of these 1.2 billion tokens, 25% will be made available for the token sale. There will be a lock-in period of 2 years for any unsold tokens.

The hard cap is approximately 95.520 ETH. The exact amount will be confirmed per the 3rd of September, 17.00 UTC, 24 hours before the pre-sale starts, based on the average ETH price over a period of 30 days.


  • 24 August 2017: Whitepaper published 
  • 4 September 2017, 17.00 UTC: Pre-sale live 
  • 29 September 2017, 1700 UTC: Pre-sale ends 
  • 3 October 2017, 17.00 UTC: Token sale live 
  • 17 October 2017, 17.00 UTC: Token sale closes

More Info 
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Author : mriansa;u=886049

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