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DIMO

DIMO

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About DIMO

DIMO is the utility token of ‘Digital Infrastructure for Moving Objects’, a platform that aims to revolutionize the vehicle data market. Through the use of hardware devices, vehicle owners can collect and monetize their data by selling it directly to data consumers. DIMO tokens are paid to data providers and also function as the platform’s governance token.

DIMO, short for Digital Infrastructure for Moving Objects, is a cryptocurrency that aims to enhance the way vehicle owners interact with their cars. It provides a platform for users to collect, use, and monetize data from their vehicles. Built with open-source components, DIMO aims to increase transparency, privacy, and reliability in IoT networks, thereby fostering trust among users and developers. It operates on the Ethereum Virtual Machine, using blockchain technology, cryptography, and real-world hardware to establish a blockchain-based identity for users, vehicles, and more.

DIMO operates by using licensed hardware devices and approved software APIs to cryptographically attach telemetry data to vehicles and trips. It allows companies to issue verifiable credentials or other blockchain-based identity primitives to users, vehicles, or trips, providing a claim. Users have the ability to self-custody their data and choose which data they want to share and with whom. Furthermore, app developers and data consumers can acquire a license to advance new technologies, build improved versions of existing businesses, and create entirely new app categories.

DIMO has potential use cases. It allows vehicle owners to get more out of their cars by collecting, using, and monetizing the data from their vehicles. Developers and data consumers can build apps and services on this open platform, potentially reducing the cost of delivering mobility products and services. Companies can issue verifiable credentials or other blockchain-based identity primitives to users, vehicles, or trips, making a claim. Users can self-custody their data and choose which bits of data they want to share with whom on a case-by-case basis.

The history of DIMO is rooted in the desire to improve the way vehicle owners interact with their cars. The platform was built with open-source components to aim for increased transparency, privacy, and reliability in IoT networks. It uses the Ethereum Virtual Machine, cryptography, open-source software, and real-world hardware to establish a blockchain-based identity for users, vehicles, trips, and more. Over time, DIMO has grown to allow companies to issue verifiable credentials or other blockchain-based identity primitives to users, vehicles, or trips, providing a claim. It has also given users the ability to self-custody their data and choose which data they want to share and with whom.

Market

Market stats

Market cap

$45.4M

Volume (24h)

$2.5M

Circulating supply

221.2M DIMO

Typical hold time

24 days

Popularity

#682

All time high

$0.84

Market performance

Price change (1h)

+0.97%

Price change (1d)

-0.24%

Price change (1w)

-7.21%

Price change (2w)

-3.56%

Price change (1m)

-35.05%

Price change (1y)

+16.15%

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Coinbase Bytes

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DIMO is on the decline this week.

The price of DIMO has increased by 0.97% in the last hour and decreased by 0.24% in the past 24 hours. DIMO’s price has also fallen by 7.21% in the past week. The current price is $0.21 per DIMO with a 24-hour trading volume of $2.48M. Currently, DIMO is valued at 75.34% below its all time high of $0.84. This all-time high was the highest price paid for DIMO since its launch.

The current circulating supply of DIMO is 221,208,810.474 DIMO which means that DIMO has as total market cap of 221,208,810.474.

FAQ

What is the current price of DIMO?

We update our DIMO to USD currency in real-time. Get the live price of DIMO on Coinbase.

What is the market cap of DIMO?

The current market cap of DIMO is $45.42M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of DIMO?

The all-time high of DIMO is $0.84. This all-time high is highest price paid for DIMO since it was launched.

What is the 24 hour trading volume of DIMO?

Over the last 24 hours, the trading volume of DIMO is $2.48M.

What other assets are similar to DIMO?

Assets that have a similar market cap to DIMO include Metars Genesis, Dora Factory, BinaryX, and many others. To see a full list, see our comparable market cap assets.

How many DIMO are there?

The current circulating supply of DIMO is 221 million.

What is the typical holding time of DIMO?

The median time that Coinbase customers hold DIMO before selling it or sending it to another account or address is 24 days.

What is the relative popularity of DIMO?

DIMO ranks 193 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of DIMO?

Currently, 67% of Coinbase users are buying DIMO. In other words, 67% of Coinbase customers have increased their net position in DIMO over the past 24 hours through trading.

Can I buy DIMO on Coinbase?

Yes, DIMO is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy DIMO guide.