DOVU’S VISION
G L O B A L V I S I O
N
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.
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.
M O B I L I T Y I N E F F I C I E N C I E S & F I A T L I M I T A T I O N S
Fluid mobility is burdened by market inefciencies and fat limitations. Currently, there is
no reward mechanism for an individual to contribute value back into the ecosystem, such as
sharing data with service providers, or sending electricity back to the grid from their EV. 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 fll out paperwork for insurance, pay per fxed units of an hour, and you
don’t control your own driving data. Thankfully, blockchain is exceptionally well suited to solve
these problems
C I R C U L A R E C O
N O M Y F O R M O B I L I T Y
Companies such as Uber or Airbnb are often cited as examples of the sharing economy,
but it could be argued that they are not exactly because they are centralised. A true sharing
economy is one in which individuals and companies are empowered by technology to share
their data and—if they wish—receive payment for it.
Companies such as Uber or Airbnb are often cited as examples of the sharing economy,
but it could be argued that they are not exactly because they are centralised. A true sharing
economy is one in which individuals and companies are empowered by technology to share
their data and—if they wish—receive payment for it.
Because blockchain can verify value contributed independently, whether you are a corporate
or an individual, the DOVU Protocol empowers everybody to be fairly rewarded for their
contribution to the mobility ecosystem. This transforms 1:1 relationships to many:many.
Imagine your car paying you to drive it. Imagine being rewarded for all the data you create
and share. Imagine being able to use those rewards for travel, services, and transport globally.
Imagine this data being used to further improve mobility services, working towards fluid
movement of goods and people in our cities. Applying this technology will transform our
thinking about data and mobility. For example, when hailing an autonomous car, insurance
considerations are recorded in a Smart Contract, micropayments are usage-based, and the
DOVU ledger allows you to be rewarded for the data you share
D O V U E C O S Y S T
E M
The DOVU 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 frst dApp developed by DOVU).
The DOVU Protocol sits at the core of our product and enables the creation of mobility
related dApps on our platform. Based on Ethereum, the DOV token is used for transactions
within these dApps. The focus and utility of these dApps will be fueled by the sharing and
consumption of data, therefore our own DOVU API Marketplace supports the community
further by simplifying access and development of mobility data globally.
data interchange and attribution of value), the DOV token (for payment within the platform)
and the DOVU API Marketplace (the frst dApp developed by DOVU).
The DOVU Protocol sits at the core of our product and enables the creation of mobility
related dApps on our platform. Based on Ethereum, the DOV token is used for transactions
within these dApps. The focus and utility of these dApps will be fueled by the sharing and
consumption of data, therefore our own DOVU API Marketplace supports the community
further by simplifying access and development of mobility data globally.
TOKEN DYNAMICS
D O V T O K E N
The DOV token is central to our ecosystem. It’s the unit of value that allows us to create this
new circular economy linking consumers to data providers (and vice versa) and also rewarding
those sharing data.
The DOV token is central to our ecosystem. It’s the unit of value that allows us to create this
new circular economy linking consumers to data providers (and vice versa) and also rewarding
those sharing data.
For our ecosystem to flourish in the transport sector we encourage use of the DOV token
within it, ultimately building more value for customers as adoption and utility grows.
The DOV token is the only unit of value used across DOVU platform. Every purchase, sale,
exchange or any other transaction on the platform will require the use of DOV tokens.
A decentralised global ledger combined with a token that’s
required to use that ledger aligns
incentives and creates more intense product engagement. Blockchain uniquely rewards early adopters. The product becomes more useful as more users join and demand for the token
increases, which as a result increases the value of the ownership stake for users. In other
words, token utilisation and network effects continuously reinforce each other which benefts
early adopters.
incentives and creates more intense product engagement. Blockchain uniquely rewards early adopters. The product becomes more useful as more users join and demand for the token
increases, which as a result increases the value of the ownership stake for users. In other
words, token utilisation and network effects continuously reinforce each other which benefts
early adopters.
Using the DOV token in your business has a number of advantages over creating your own
token. Building payment infrastructure is a non-trivial task. Adopting an existing payment
structure lowers development cost and increases time to market. Leveraging a stable currency
lowers barriers to adoption for end-users.
D O V U A P I M A R K
E T P L A C E
The DOVU API Marketplace platform will provide data providers with the tools to list and sell
data to consumers, and also to defne costs and terms in Smart Contracts to be executed on
the blockchain. Developers can contribute to APIs, Smart Contract and app developments
and be rewarded in DOV tokens – this will organically grow the DOVU powered transport
API ecosystem.
Data Owner - An individual or organisation that ‘owns’ some data. Data is passed to data
providers and is signed so that any actor further up the chain can determine the authenticity
of the data.
Data Provider - An individual or organisation that takes ‘owned’ data and supplies it through
means of a documented API.
Data Consumer - An individual or organisation that interacts with the DOVU platform to
consume data from data providers, e.g. developers.
WHY NOW?
L A C K O F T R U S T
Most companies believe that information is a valuable commodity, and one worth hoarding:
the more we have of it, the more we can learn from it, and make changes that will drive
business success. This mentality demonstrates a lack of trust and limits progress for all
involved. When sharing data, it makes a difference if it is used for commercial or personal
ends, public or private ends, or if there is any exposure to misconduct. Lack of trust and fear
of competition are the main reasons why companies decide to remain non-transparent and
closed when it comes to data.
Most companies believe that information is a valuable commodity, and one worth hoarding:
the more we have of it, the more we can learn from it, and make changes that will drive
business success. This mentality demonstrates a lack of trust and limits progress for all
involved. When sharing data, it makes a difference if it is used for commercial or personal
ends, public or private ends, or if there is any exposure to misconduct. Lack of trust and fear
of competition are the main reasons why companies decide to remain non-transparent and
closed when it comes to data.
N O N - C O M P A T I B L E D A T A
Data doesn’t have inherent value. In essence, data is a combination of 1’s and 0’s. Value
is the desired outcome. The number one barrier to making data useful is inconsistency,
both through output and documentation. Imagine a world with connected cars and trains,
information-sharing infrastructure and trafc lights, and IoT enabled smart cities. This data
is built on different platforms, using varying protocols and following local regulations. Smart
cities and movement therein is a fast growing sector with increasing complexity. Data and
corresponding services are currently disparate, non-formalised and complex for developers
and businesses to share and consume.
N O N - U N I F O R M
Q U A L I T Y
Deciding which API to use matters; an application is only as strong as its weakest API. Key
criteria for API evaluation are documentation, reliability, performance, and support. Firstly,
documentation serves for developers to understand the use case and API integration.
However, API documentation has many pressure points: organisation, design, versioning,
consistency, and much more. Writing good documentation is non-trivial task, and more
often than not poorly executed. Secondly, API performance is denoted by latency, uptime,
and robust SLA’s, not to mention undocumented facets like payload and quality. Across the
board, API performance varies widely. Lastly, depending on investment at publisher level,
developer support is generally limited - a real problem when troubleshooting or evaluating
whether an API is ft for your needs.
Deciding which API to use matters; an application is only as strong as its weakest API. Key
criteria for API evaluation are documentation, reliability, performance, and support. Firstly,
documentation serves for developers to understand the use case and API integration.
However, API documentation has many pressure points: organisation, design, versioning,
consistency, and much more. Writing good documentation is non-trivial task, and more
often than not poorly executed. Secondly, API performance is denoted by latency, uptime,
and robust SLA’s, not to mention undocumented facets like payload and quality. Across the
board, API performance varies widely. Lastly, depending on investment at publisher level,
developer support is generally limited - a real problem when troubleshooting or evaluating
whether an API is ft for your needs.
DOVU USE CASES
The DOV token can be used within the DOVU API Marketplace, or in mobility related
services outside the DOVU marketplace. The latter category covers a broad spectrum,
ranging from being used as a currency to enabling new decentralised business models.
The open source DOVU Protocol provides the necessary tools to build dApps using
the DOVU blockchain platform, unlocking benefts such as Smart Contracts, secure/
trusted transactions, conditional reward systems, micropayments, and novel alternatives to
standard authorisation in all kinds of mobility services.
TOKEN DISTRIBUTION EVENT
T O K E N D I S T R I
B U T I O N O V E R V I E W
• 25% of the DOV Tokens (0.30B) will be made available to token sale participants (ITO).
• 35% of the DOV Tokens (0.42B) will be allocated to an user growth fund. Earned tokens,
by contributing the quality of the ecosystem, will originate from this fund. DOV Tokens
received as a reward can only be used within the DOVU ecosystem for value added
services. Any unused DOV Tokens after 6 months will be sent back to the user growth
fund which can then be used for new users.
• 15% of the DOV Tokens (0.18B) will be allocated to advisors, founders, and management
to help build the team. Team members vest for tokens in four installments of six months
each.
• 25% of the tokens (0.3B) will be held in reserve. The reserve is subject to a two-year
lock-down period.
0.5% of the token sale (1.5 million tokens) will be allocated to the Bounty program.
The bonus structure for the public token sale will be based on three tiers. Conditions for these
three tiers will be announced when the pre-sale closes on the 29th of September.
Tier 1: 10% discount
Tier 2: 3% discount
Tier 3: Announced token price
MORE INFORMATION :
Website: https://dovu.io/
Telegram: https://t.me/dovuofficial
Twitter: https://twitter.com/dovuofficial
Whitepaper : https://dovu.io/whitepaper.pdf
Authorized By:
My Bitcointalk account : jagadlangit
My ETH address : 0xA2BFa48A6AfEFaBF498B6541f609E6cef4700D91
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