DOVU brings new way of connecting the owners, providers and consumers. The data verification is done and repeated at each stage of usage to avoid the violation of term and conditions finalized through documented APIs.
DOVU protocol has introduced an entirely new and unique circular economy system for both Transport and Data Mobility Sectors. It has enabled the data owners to share their data with data consumers with full confidence and complete control over the data, its access to individuals and organizations, when to share and how to deal with the phases. Moreover, DOVU awards back the data owners in the form of DOV tokens which can be used through mobility related transactions to buy cars, paying the fuel payments or may be riding flight or public transport.
DOV token is the nucleus of DOVU platform. DOV token is the unit of value in our system which has enabled us to bring this new circular economy system in the market to create a bridge between data consumers to data providers and reward the data owners for sharing their valuable data. The DOV token can solely be used with DOVU platform and it’s the only value unit which is required to get in touch with the DOVU system. All type of transactions including sale, exchange or purchase are carried out through DOV token in DOVU system.
DOV tokens are necessary to have access and to use the decentralized ledger. Both, when combined, produces more secure and accurate results. Blockchain technology distinguishly awarded the early adopters if the system. The product becomes more valuable with the increasing number of users and demand of tokens increases, which results in a well-established and flourished system. It not only enhances the value for consumers but also uplifts the utility. So, we can say that that token utilization and system strengthen each other to benefit the early adopters. Using DOV token can benefit a businessman in several ways over creating one’s DOV token. To build payment structure is an important task and adopting already established payment structure cuts off the development cost but increases the time to bring it to the market. Use of stable currency in system enhances the confidence of stake-holders and diminishes the obstacles for end-users to adopt the system.
DOV tokens will be issued in limited number i.e. around 1.2 billion DOV tokens. About 25% of DOV tokens, out of the generated 1.2 billion tokens, will be offered during token sale event. Moreover, a lock-in duration of 2 years is also there for the unsold tokens.
Note: Pre-sale event for DOV tokens started on 4th September 2017 and ended on 29th September 2017. Live sale event for DOV tokens has been started on 3rd October 2017 and will remain open till 17th October 2017.
AUTHOR:FANNYDARMALI
MYETH:0x75E034D8AD1Bc8c800d0b1520A10f3B80df48e00
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