Moveco's current products Drivebox & Drivebox Lite (device designed for Moveco App) have the ability to read sensor data, track routes, and interpret driving behavior. Drivebox is used in car sharing technology for operational purposes, as well as to obtain warnings of dangerous drivers.
MAIN LEVELS OF MOVECO REWARD
LEVEL 1 : General Mobility Data
User – Download the Moveco app and let it run in the background. Moveco will collect your general mobility data and anonymously send it to Moveco’s network.LEVEL 2 : Driving Behaviour Data
User - Install Drivebox Lite (or other telematics devices by Moveco and their technology partners) to track driving behavior as well as gather car status and location data.
This technology gives you real-time diagnostic codes of your car and can be used with partnered insurance companies to lower your premiums, giving you instant benefits.LEVEL 3 : Autonomous Driving Data
User – Install more technologically advanced hardware from one of our partners. This includes but is not limited to Lidar technology, currently already used in training autonomous vehicles around the world.
Users will be rewarded based on how they are participating and are not limited to participating in only one way.
There will be a limit to how many tokens you can earn each day and this will be used on the Moveco redemption platform and the Moveco loyalty program.
HOW IT WORKS
Car generated data is important to building a safer, more efficient, and convenient mobility future. Moveco looks to create a win-win situation, in which car generated data can be collected while consumers are rewarded.
EARN MOV TOKEN AS YOU MOVE
You may have heard of Bitcoin and other cryptocurrencies. You earn tokens by using your CPU or graphics card to solve complex computations in hopes of finding the next block of tokens; this is also known as mining.
You may have also heard of Sweatcoin, a popular new offer that you can earn through physical activity. Moveco is similar whereby it looks to reward you for moving. This could be through driving, using mobility services, or simply walking. Consumers are rewarded for the quantity and quality of data shared.
How Else Can You Earn MOV Tokens?
Moveco understands that self-driving is not the only way people move. Mobility is multi-modal. You may choose to walk to work today, take public transport home, use Uber for a business meeting, and drive during the weekend. We want to be able to reward you for all the various ways you move. MOV tokens will be earned based on a pricing model. The prices will differ depending on the kind of data provided and how much of it is provided.
WHERE AND HOW CAN THE MOV TOKENS BE USED BY CONSUMERS?
As payment discounts with Moveco's partners: Moveco looks to partner with various parties in the mobility ecosystem to take MOV tokens as payment, exchange, or discount for the services or products provided.
Moveco Redemption Platform: Without integrating MOV tokens as payment options, other partners can be part of our Redemption Zone by offering discounts to users. Consumers will use MOV tokens in exchange of unlocking these discounts. Discounts will be applied via discount codes or QR codes used commonly by these partners. Partners can gain exposure and reach users by offering discounts on our platform. Partners can also receive part of the MOV tokens paid by consumers to unlock discounts and benefits.
Moveco partnered loyalty programs: There are countless of loyalty programs across various industries, with many in the travel sector such as Asia Miles, Krisflyer, and Marriott Hotel Rewards whereby consumers can exchange points / miles for a flight or an experience like VIP tickets to the F1 Singapore Grand Prix. Moveco is in talks with existing loyalty programs to offer our Moveco users benefits to partners as soon as possible by having MOV tokens be exchanged for other loyalty program points.
For more information about this project visit :
- Website : https://moveco.io/
- Whitepaper : https://s3-ap-southeast-1.amazonaws.com/moveco-site-static/whitepaper/Moveco_v148.pdf
- Telegram : https://t.me/moveco
- Twitter : https://twitter.com/moveco_io
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=2038051