The transport sector knows where it wants to go with real time data and smart technology but
doesn’t know how to get there. DOVU is the missing piece of the puzzle - a circular economy
for the transport and mobility sector by creating an unprecedented value exchange between
regular consumers and those that beneft from their data.
The DOVU Protocol empowers ‘data owners’ (individuals, organisations, IoT devices – any
source of data) to control access to the data shared, whilst receiving value of the use of that
data in return – in the form of DOV Tokens. These tokens then feed back into the ecosystem
through mobility related transactions, be that offsetting the cost of a car, fuel for that car,
paying for a flight, or just riding the bus.
The core team consists of entrepreneurs, blockchain developers, product marketers, product
designers and legal experts - all with signifcant experience shipping and supporting products
used by millions of people.
Useful links
https://www.dovu.io/whitepaper.pdf
Relevant information: website and whitepaper
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. 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.
DOVU is already well on its way to bringing its vision to the market. Development is on
track to bring our MVP to private alpha during Q4 2017 with a view to onboarding and
documenting a signifcant number of API’s ready for initial launch.
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 use.
The DOVU Protocol empowers ‘data owners’ (individuals, organisations and even IoT devices
– any source of data) to control access to the data shared, whilst receiving value from future
profts of the use of that data in return – in the form of DOV Tokens.
‘Data providers’ (those that create APIs to resell data) can defne Smart Contracts to set
conditions of use and the level of reward they are willing to offer to data owners, whilst data
owners forever retain control to cancel the contracts, change and revoke permissions.
This is a paradigm shift away from blanket acceptance of traditional terms and privacy policies,
granting large organisations the permission to use and resell data without few, if any, controls
on its use, and with little recourse or cancellation if abused.
The DOVU Protocol, APIs and open source code libraries will make it possible to harness
the power of Smart Contracts and Blockchain to put control of data back in the hands of the
data owners. Fairly rewarding them for it, and thus encouraging greater sharing of data, whilst
automatically reprimanding or blocking if there is a breach of agreed terms.
Imagine the ability to be rewarded for sharing your travel data, with total control and an
infallible guarantee over which data you are willing to share, and the kinds of organisations you
are willing to share it with, when, how and so on. The DOVU Protocol offers that. It’s similar
to collecting reward points for your supermarket shopping, but on a much larger scale, with
flexible controls and a remuneration with far greater utility – the DOV token.
The frst example of the open data economy (where data owners are rewarded for their data)
is the DOVU marketplace, allowing data providers to easily and honestly deliver data to a
market of data consumers interested in creating the next generation of mobility focused
startups.
DOV Tokens that can be used to buy petrol, train journeys or bus rides. Discounted travel
costs in return for your data, simply by using a DOVU enabled app to buy your tickets.
Each user on the platform will be identifed with a ‘Wallet’ (a public key on the Ethereum
blockchain). This provides both anonymity to the user, yet total transactional transparency
of token flow and contractual terms. The user can decide if they wish to attach and share any
personal data to this, based on the rewards offered. At the same time, each Wallet provides
the means to both accept and spend DOV Tokens.
The Ethereum Blockchain provides the means of value exchange through DOV well as the Smart Contract infrastructure. The DOVU Protocol will provide a layer on top
of this to retain a ‘ledger of value’ – a log of data flows to facilitate DOV token payments
to data owners Wallets based on the value agreed in the Smart Contracts. For example
Smart Contracts facilitate granular charging of data accessed via APIs in the DOVU API
Marketplace, incurring far less transaction fees by only moving the DOV Tokens between
Wallets on the Ethereum blockchain when signifcant value is ready to transfers
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.
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.
Team Members
Irfon Watkins
Founder, CEO
A serial entrepreneur, Irfon has founded and sold companies across the API spectrum.
Arwen Smit
Co-founder, CMO
Co-founded DOVU after working as entrepreneur-in-residence at InMotion, the
accelerator of Jaguar Land Rover.
Krasina Mileva
Co-founder, COO & Legal Counsel
Register European lawyer with over 11 years of experience in Contract and Commercial
Law. Krasina has headed an international legal department in a law frm, having to deal with
various civil and international matters.
Advisory Board
Lars Klawitter
General Manager Rolls Royce Bespoke, Former Board of Directors Ethereum
Lars Klawitter has been in senior roles in the tech industry for more than 20 years.
Rob Jones
Co-founder Fanduel
Serial entrepreneur and co-founder of Fanduel, the world’s largest one-day fantasy sports
site worth over $1B.
Strategic Partners
Accounting Advisors
KPMG
Legal Advisors
Ramparts
Blockchain Advisors
TokenMarket
I N V E S T O R S
InMotion Ventures - Investment arm of Jaguar Land Rover
Creative England - Government-backed fund (United Kingdom)
Token Sale
A fnite amount of 1.2 billion tokens will be issued. Of these 1.2 billion tokens, 25% will be
made available for the token sale. There will be a lock-in period of 2 years for any unsold
tokens.
The token distribution event is capped at 85362 ETH.
1 DOV = 0.00032001 ETH.
The minimum to participate in the pre-sale is 142 ETH.
DOVU IS ALREADY WELL ON
ITS WAY TO BRINGING ITS
VISION TO THE MARKET AND YOU WILL BE GLAD YOU JOINED THIS AMAZING COMMUNITY.