What is DIMO (DIMO)?
DIMO stands for Digital Infrastructure for Moving Objects, an innovative IoT network that's going to transform the automotive industry. The best part? It's open and user-owned! The idea is to create an ecosystem of building blocks that can be easily combined to build new and exciting products. With DIMO, you'll have access to verifiable, rich data that will enable businesses to create better versions of what they already offer. This includes everything from more efficient car marketplaces to cheaper insurance options. DIMO also opens up entirely new categories of applications, such as vehicle-to-everything (V2X) communication, distributed mapping solutions, and peer-to-peer sharing and sales.
How DIMO (DIMO) Works
DIMO operates on a decentralized model that's different from traditional venture-funded platforms. Unlike those that rely on external funding and advertising, DIMO rewards early adopters and focuses on fostering a grassroots community. This approach ensures that users who contribute to the platform's growth have a stake in its success, aligning the interests between the platform and its users.
The DIMO token is a critical component of the platform's functionality. Transactions involving the sale of user data, purchases of products and services, and participation in the network all require the use of DIMO tokens. This mechanism not only facilitates transactions but also contributes to the token's value by burning a portion of DIMO during transactions, reducing its overall circulation. Additionally, token holders have significant control over the network, with the ability to vote on upgrades, protocols, and other key decisions, ensuring a democratic and user-driven governance model.
Furthermore, DIMO incentivizes businesses producing compatible hardware and apps to invest in the ecosystem by requiring them to stake DIMO tokens. This staking mechanism, akin to a security deposit, ensures that these stakeholders are committed to the long-term success of DIMO, creating a robust and sustainable platform.
How Many DIMO (DIMO) Tokens Are in Circulation?
DIMO has a total supply of 1,000,000,000. The current circulating supply of DIMO is 198,316,368.
How to Buy DIMO (DIMO)
Consider investing in DIMO (DIMO)? It only takes 2 minutes to create an account on Bitget and start trading DIMO.
Check out the available DIMO trading pairs on Bitget!
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DIMO (DIMO) Resources
Simple 3-step guide to buying DIMO today in Curacao
Create your free Bitget account
Select a funding method
Complete your DIMO purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for DIMO using a payment method of your choice:
Buy DIMO with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your DIMO order.
How to buy crypto with credit/debit cardBuy DIMO with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into DIMO is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your DIMO order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your DIMO order.Buy DIMO with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your DIMO order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor DIMO in your Bitget spot wallet
Bitget—where the world trades DIMO
How to buy DIMO for free
- Learn how to earn DIMO for free through the Learn2Earn promotion
- Earn free DIMO by inviting friends to join Bitget's Assist2Earn promotion
- Receive free DIMO airdrops by joining On-going challenges and promotions
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FAQ
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