Dimo is a platform allowing developers to exploit the large flow of data generated by modern vehicles, GPS logs, engine telemetry, etc. She decided to implement the Web3 aspects of her roadmap based on the Polygon blockchainin particular to provide NFTs and other tokens.
” Over the next two months, the team plans to launch a $DIMO utility token on Polygon, which will be used for governance, staking, and enhanced access to pro features. Among the EVM chains, Polygon has the most thoughtful track record explains Alex Rawitz, co-founder of DIMO.
As has happened for several cryptocurrencies, the crash of May 2022 strongly affected Polygon and its native token. Nevertheless, new developments like that of DIMO can boost the attractiveness of the ecosystem.
Figment recently completed beta integration of The Graph with the Cosmos Hub blockchain. The indexing of ecosystem data is therefore now possible thanks to the help of the service The Graph. This will, we learn, foster a multi-channel future by contributing to interoperability between The Graph and the various Cosmos channels.
The Graph is a Web3 critical protocol providing decentralized indexing and querying solutions for blockchain data. It allows developers of Cosmos Hub-based applications to query string data using subgraphs. With more reliable access to data, Cosmos developers will be able to better innovate and build apps that deliver great user experiences.
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Polkadot announced that it is now integrated into the Injective ecosystem. The latter will support blockchain tokens and serve as a bridge for the entry of cross-chain Polkadot assets into the Cosmos universe.
According to details relayed on Monday by Cointribune, the partnership between Polkadot and Injective was facilitated by the Moonbeam smart contract platform which is the blockchain’s most popular parachain.
Currently at around $9, the price of DOT, the native cryptocurrency of the Polkadot blockchain has the potential to rise to $12 according to analyst forecasts relayed by the blog Changelly.