Moveco is a Blockchain-based mobility ecosystem that rewards you for sharing data regarding your miles driven. The main objective of Moveco is to share your car generated data to develop the future of mobility and at the same time decrease your burden of car ownership.
Car generated data industry is the fastest growing economy today and is of great importance in building a safer and convenient mobility system, that will ensure new services and also save time and money of the consumers. The industry is forecasted to generate around $450 to $750 billion dollar funds by the year 2030. Businesses collect and sell these data to car manufacturers, insurance agencies, fleet management companies and car owners. Moveco aims to gather this data by installing a non-invasive plug into the consumer’s car and using a mobile app and also rewarding the customers for sharing their mileage data.
Moveco-Earn As You Move
Moveco unlike the present mobility business focuses more on the interests of the people rather than the vehicles. Here customers of the Moveco ecosystem can earn rewards in the form of MOV tokens depending on the quantity and quality of data shared. These tokens can be used to redeem discounts on buying gas, goods, parking, car washes or other services. One can use the Moveco app or install Drivebox Lite (a Moveco product), which is a vehicle app that will read the driving behaviour, track routes and sensor data. This data is extremely useful for insurance companies, car owners and manufacturers. We can also track dangerous drivers and prevent rash driving or accidents through this app. The user can either download the Moveco app which will send your data anonymously to the Moveco network or by installing the Drivebox Lite, which will track driving behaviour, location etc. Users who are walking, using public transport, uber etc can also avail the services of Moveco. Moveco also partners Loyalty Programs with various industries.
Features:
- Use of crypto-tokens: MOV is the token that will be used for all transactions in the Moveco system.
- It is based on the Stellar network which aids in fast transactions at a very minimal cost.
- The data collected from the users will be stored and secured in an encrypted manner in the MovNet system offering full security and anonymity of the users.
- The user’s IP address is verified to assess the identity of the users but in no circumstances it is stored or used in any other way.
- Installation of the Moveco app and Drivebox Lite will allow users to be rewarded with MOV tokens, which can be redeemed later and used in many other ways.
Advantages:
- Unique reward system: It will boost participation and involvement of the users in the platform thus gaining their confidentiality, reliability and trust in the system.
- Data Privacy: Moveco maintains certain security guidelines and measures through which the data shared by the users are kept completely confidential and secured. No infiltration of data is possible.
- Reshaping the automobile industry: The Moveco concept will benefit the automobile industry in learning and developing the car models, understanding their drawbacks and also regulating the driving pattern and thereby significantly reducing accidents and mishaps.
- Implementation of Blockchain technology: The decentralized Blockchain technology will secure the sharing and monetizing of the data through the use of smart contracts thus procuring the trust of the users.
- Building the future: Moveco will aid in urbanization and modernization of the mobility future in cities and towns.
- It aims to work hand-in-hand with car manufacturers, insurance agencies, car dealers, car owners and harness the data to improve customer experience as well as understand consumer needs and expectations.
The Moveco Vision: Earn As You Move:
The Moveco team envisions a system where it will reward the customers for sharing their car data and again use this data for building a safer, affordable and convenient mobility future. It is a unique platform where data shared is not only limited to the car owners but also to walkers, bikers, and other public transport users who can also share. This will provide a wider view of the autonomous transportation industry.
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Moveco ICO and MOV Token Details:
- Token: MOV
- Price: 1 MOV=0.15 USD
- Platform: Ethereum
- Accepting: ETH, ZEN, XLM
- Minimum investment: 0.15 USD
- Total Supply: 1,000,000,000 Tokens
- Soft cap: 5,000,000 USD
- Hard cap: 20,000,000 USD
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