Latest DIMO News

**DIMO Shifting Gears in the Automotive Industry** DIMO is making significant strides in the automotive technology sector by adding over 115,000 cars to the world's first open mobility network. The company is focused on paving the way for a smarter, more connected car future. With upcoming game-changing releases, strategic partnerships, and innovative campaigns, DIMO aims to redefine the concept of car ownership and enhance the driving experience for the 1.5 billion cars currently on the road. What's on the Horizon The recent overhaul of the logo, app, and website is just the beginning. DIMO is gearing up to unveil a series of major product launches, partnerships, driving competitions, and giveaways throughout the winter, signaling a new chapter for the company. The introduction of the Global Accounts system represents a significant upgrade, offering a user-friendly alternative to traditional blockchain wallets. This system acts as a gateway to a range of car apps, fostering enhanced interoperability within the auto industry. To experience this innovation, users can download the DIMO Mobile app. The Arrival of Next-Gen Technology DIMO is also introducing the next generation LTE R1 device, with preorders set to commence shipping on Monday. This device boasts affordability, compactness, easy installation, reliable LTE connectivity, and expanded compatibility with a wider range of vehicles within the DIMO network. For a limited time, customers can avail of a special offer using code D2ISHERE to purchase one device and get another at a 50% discount. Driving Mass Adoption and Everyday Value As the next billion users embrace cryptocurrency, DIMO is positioned as a key player offering a real-world use case that enhances daily life. By integrating blockchain technology into the automotive sector, DIMO aims to streamline the user experience and seamlessly incorporate crypto solutions into everyday commuting. Looking ahead to 2025, expect to see exciting collaborations aimed at propelling the industry forward and setting new standards for consumer apps in the web3 era. The Future of Car Ownership DIMO drivers are at the forefront of shaping the future of car ownership. The company invites individuals to join and participate in this transformative journey, offering opportunities to earn rewards. To stay updated on partner announcements, new product launches, and chances to win prizes, explore the D2 Era.

The DIMO Developer Console has recently undergone significant enhancements, marking its official upgrade to version 1.0. Initially launched in beta in August, the console provided developers with a self-service dashboard to create applications for vehicles. Feedback from EthOnline hackers in September played a crucial role in shaping the new features that have now been integrated. One of the most notable updates is the support for DIMO Global Accounts, which streamlines account management by allowing users to sign in with existing Google or GitHub accounts while automatically provisioning a DIMO Global Account. This improvement simplifies the onboarding process for both web3 and web2 developers, removing previous barriers to entry. In addition to Global Accounts, the DIMO Developer Console has introduced DIMO Credits (DCX), a stablecoin currency that developers use to access vehicle data and perform protocol operations. The console now features a fiat on-ramp, enabling users to purchase DCX using debit or credit cards through an integration with Stripe. This addition makes it easier for developers to obtain the necessary credits for their projects, fostering a more accessible development environment. For those who prefer cryptocurrency, existing balances of $DIMO, $POL, or $WMATIC can still be utilized. To further support developers, DIMO has continuously improved its documentation, offering expanded resources and guides for the latest APIs and SDKs. The introduction of the 'Login With DIMO' React component SDK simplifies the integration of authentication methods into applications, providing developers with customizable options for user login. DIMO aims to create an ecosystem reminiscent of the App Store's impact on mobile computing, encouraging innovation and creativity in building applications that leverage the extensive vehicle data available on the DIMO network. With these advancements, the DIMO Developer Console is poised to empower developers in their quest to create groundbreaking automotive applications.

The DIMO Foundation has announced a significant partnership with MATT3R, aiming to enhance the interoperability and decentralization of modern vehicle ecosystems. This collaboration is set to accelerate the development of artificial intelligence (AI) and autonomous vehicle (AV) models by improving data collection, validation, and accessibility. MATT3R will be the first company, after Digital Infrastructure Inc., to fully integrate within the DIMO ecosystem, utilizing the DIMO SDK and introducing a new hardware device to collect unique video datasets. This initiative represents a crucial step in expanding the DIMO protocol, which is designed to facilitate diverse data types and create a more interconnected environment for developers. In the realm of computer vision, the ability to interpret visual data is essential for the advancement of autonomous vehicles. However, a major challenge lies in the acquisition of vast, high-quality datasets necessary for training AI models. MATT3R addresses this issue by enabling users to collect and share data from their vehicles through the K3Y device. This device allows for the aggregation of visual and sensor data, which is then categorized and labeled for developers' use. By leveraging a crowdsourced approach, MATT3R can provide developers with access to a wide array of real-world scenarios, thereby improving the robustness of their AI and AV models while ensuring user privacy and control over personal data. The partnership also includes the integration of the DIMO SDK into MATT3R's Consol3 mobile application, allowing for seamless access for existing DIMO users and new users alike. This integration not only enhances user experience but also fosters a mutually beneficial relationship between developers and users. As MATT3R prepares to launch the presale of the K3Y devices in November, this collaboration promises to create a trustworthy data ecosystem that enhances the efficiency and quality of AI and AV model training on a global scale. The DIMO protocol's validation framework will further ensure the integrity of the collected data, paving the way for a decentralized future in automotive technology.

In the rapidly evolving world of web3, DIMO has made significant strides this month with the launch of several key features on its Developer Platform. The introduction of the Telemetry API now provides developers with enhanced data capabilities, including tire pressure and oil life for select Ford and General Motors models. This addition not only enriches the existing dataset but also empowers developers to create more functional applications. DIMO is dedicated to supporting developers in transforming their innovative ideas into reality, making it easier to integrate with DIMO data. Reflecting on the past six months, DIMO has transformed its developer experience by launching multiple SDKs that streamline integration processes. Initially, developers faced challenges integrating DIMO API by API, but with the introduction of the dimo-node-sdk in Typescript and subsequent SDKs in Python and transactions SDK, the integration process has become significantly more straightforward. The recent launch of the login-with-dimo React Component SDK further simplifies sharing vehicle permissions, allowing developers to integrate vehicle data into their applications in just three steps. This evolution marks a pivotal moment for DIMO as it continues to lower barriers for web3 builders. Additionally, the highly anticipated Developer Console v2 is now live, featuring updates designed to enhance the developer experience. Users can easily sign in using Google or GitHub, which streamlines account management. The console allows developers to purchase DIMO Credits (DCX) to power their projects, akin to AWS credits. While existing developer licenses from the old console remain valid, they will not be managed through the new platform, paving the way for a more unified and efficient ecosystem. DIMO encourages feedback from developers to further refine its offerings and continue fostering innovation in the blockchain space.

DIMO crypto has been experiencing a consolidation phase since June, characterized by a lack of steady buying volume. Recently, the token surged nearly 82%, climbing from $0.122 to $0.227 within 24 hours. However, this rally was short-lived, as the price retraced to $0.163, marking a 28% decline from its recent peak. This drop has raised concerns about whether the bulls can push prices back above the critical $0.18 support zone, which they ceded during the recent downturn. The market appears to be overextended, given the rapid price movement within a single day, contrasting with the slower, more stable price changes observed in previous months. At the time of reporting, DIMO was down 28% from its local high of $0.227, with the Relative Strength Index (RSI) briefly entering overbought territory before retreating. The Chaikin Money Flow (CMF) indicator was recorded at -0.06, indicating persistent selling pressure throughout October. This trend aligns with the price action observed over the past two months, suggesting that the recent surge was an anomaly rather than the start of a sustained upward trend. Investors are now looking to see if DIMO can reclaim the mid-range level at $0.18 as support for a potential consolidation before any further upward movements. Despite the current volatility, there are encouraging signs for long-term DIMO investors. The token has shown a decent development score for 2024, with activity stabilizing since July, even though it remains lower than the levels seen in May. This stability behind the scenes suggests that while a breakout past the range highs may not be imminent, there is still potential for a buying opportunity if DIMO can successfully retest the $0.23 level. Overall, investors are advised to remain cautious and monitor market conditions closely as they navigate this consolidation phase.

In the aftermath of the ETHOnline hackathon, the DIMO developer community is buzzing with excitement and innovation. Developers are actively engaging with the DIMO team, sharing ideas and proposals for continuous development on the platform. Notably, one developer is collaborating on a data insight layer that promises to enhance the experience for all developers, while another is working on a no-code solution for DIMO APIs. Additionally, many developers have applied for the DIMO Ignite Grants Program, seeking funding for their innovative business proposals. This vibrant developer activity underscores the core mission behind the DIMO Network: to foster a thriving ecosystem for developers. As the DIMO team progresses with their developer roadmap, significant milestones are being achieved. The upcoming launch of the Global Accounts project, implemented as Accounts API, is a key highlight. This RESTful API service will facilitate the creation of DIMO accounts, allowing users to register a signer account and provision a smart contract wallet. With a focus on user security, the signer wallet is protected by Turnkey’s policy engine, ensuring that only the end user has control. Furthermore, the integration of a fiat-to-crypto on-ramp using Stripe will streamline transactions, making it easier for users to engage with the DIMO ecosystem. The introduction of the DIMO Transactions SDK marks another major advancement, providing developers with the tools to execute on-chain transactions seamlessly. This SDK supports both React Native and web applications, enabling developers to send DIMO tokens, mint vehicles, and manage ownership permissions without switching between applications. By allowing applications to sponsor on-chain transactions, the DIMO Transactions SDK alleviates concerns about gas fees for end users. As the DIMO Engineering team continues to innovate and revolutionize the automotive industry, the community is encouraged to join the conversation and contribute to the development of this exciting network.

In recent years, tech giants have amassed significant control over the internet, posing threats to data privacy and digital security. The CrowdStrike incident highlighted the vulnerabilities of centralized systems, emphasizing the need for a solution. Enter Decentralized Physical Infrastructure Networks (DePIN), offering a groundbreaking approach to integrating the physical world with blockchain technology. By connecting devices like sensors, IoT gadgets, and computers to decentralized networks, DePIN enables users to earn digital assets by sharing data and resources, breaking free from centralized middlemen who exploit user data for profit. Real-World Applications DePIN-based projects are reshaping various aspects of daily life. For instance, GEODNET leverages blockchain to enhance geolocation accuracy, benefiting industries like agriculture and construction. Community-driven internet access, exemplified by WiFi Map's global hotspots, challenges traditional telecom monopolies. DIMO enables users to monetize vehicle data, fostering innovation in insurance and fleet management. Witness Chain unifies DePIN projects, fostering collaboration and establishing a decentralized infrastructure supply chain. XNET aims to provide network connectivity to the offline population using blockchain technology and CBRS bandwidth, while storage networks like Fi...

The automotive industry is at a crossroads with the emergence of electric vehicles and autonomous driving. However, the joy of car ownership is fading as vehicles become mere transportation devices. Decentralized Physical Infrastructure Networks (DePIN) aims to reignite the passion for car culture by connecting blockchain technology to the physical world. DIMO, a DePIN network, enhances the car ownership experience through vehicle integration technology, giving vehicles an on-chain identity and allowing owners to control their car and data. This opens up new services, experiences, and economic opportunities, such as earning crypto tokens for sharing vehicle data, which could be worth $800 billion by 2030. DePIN also has the potential to revolutionize the ownership experience by enabling customization, virtual car shows, and gamification of car ownership, as well as transforming commerce and registration processes in the automotive world.

Decentralized physical infrastructure networks, or DePINs, are rapidly expanding in the blockchain industry. With over 1300 projects and growing, DePINs are transforming various sectors by incentivizing individuals to contribute resources and data. From health tracking rings to WiFi hotspots, browser extensions, and vehicle monitoring devices, DePINs offer innovative ways for users to earn rewards while providing valuable services and data. The new generation of DePINs is focusing on demand-led growth, lowering barriers to entry for contributors, leveraging speculation, and maintaining centralized control during the early stages of development. Projects like Spexi, Natix, and 3DOS are examples of how DePINs are evolving to build sustainable and impactful networks. As the DePIN industry continues to mature, we can expect even more innovation and positive real-world impact from these decentralized infrastructure projects.

Discover the top DePIN crypto mining projects for June 2024, designed to maximize passive income and crypto investments. DePIN, or Decentralized Physical Infrastructure Networks, integrates blockchain with physical systems, set to thrive in the upcoming bull market. Dive into the top 10 projects and their respective discount codes to accelerate your DePIN journey. **GEODNET**: A web3.0 blockchain-based RTK Network that enhances GPS accuracy for AI-based autonomous systems. With an estimated monthly earning of $430 and a break-even ROI in 45 days, GEODNET is accessible with just an elevated outdoor spot. **NATIX**: Mobilize your car to contribute to a decentralized dynamic map of the world, incentivizing users to map their surroundings for smart-city applications. **DIMO**: Aims to create a human-centric connected mobility ecosystem, where developers innovate freely, and privacy coexists with progress. **Soarchain**: A Layer 1 Network fostering a decentralized ecosystem for the mobility industry, offering instant ROI post airdrops. **WeatherXM**: A community-driven weather network rewarding weather station owners and providing accurate services to various entities. **Fry Foundation**: Built on the Algorand ecosystem, FrysCrypto aims to accelerate mainstream crypto adoption while reducing e-waste. **UpRock**: Contribute to AI discoveries by simply using your phone, earning rewards in the process. **Grass**: Monetize your unused internet bandwidth without compromising privacy, contributing to the growth of AI. **Silencio**: A network rewarding users for hyper-local noise pollution data, aiming to become the world's largest citizen science project. **Hivemapper**: Create the world's freshest decentralized map with transparent incentives, using just your phone and car. Explore each project's mission, requirements, and potential earnings to find the best fit for your DePIN crypto mining endeavors. Remember, this list is a guide to help you maximize your investments and passive income ambitions. For further insights, refer to the DePIN sector map from Messari. Please note that this is not financial advice; always conduct your own research.