After Consensus in Austin last week one thing is clear: the world needs fewer crypto/web3 conferences and more crypto/web3 people attending other industry conferences.
we're breathing our own exhaust if we aren't using web3 to solve real problems in existing markets.
Today, we announced that
@digi_infra_inc
has raised an $11.5M Series A led by
@coinfund_io
The network grew 10x in 2023, and now we're going to use the resources to accelerate apps & integrations on DIMO.
The next chapter is taking shape - here are some thoughts on what this
This is what real adoption looks like for crypto networks:
Local news anchors on
@FOX4
Dallas
"Hey look at this cool product"
Zero mention of technical terms or jargon
This gets users to the mind blowing "unlock" moment when they connect & earn rewards 🤯
This is what it looks like to launch the first product on
@DIMO_Network
in the peak of a bull market... and then spend 2 years building through a pandemic-induced supply chain crisis and bear market
Less than 1 month in:
Over 1,000 macarons have already connected to
@DIMO_Network
and have mapped out 13% of the total active hotspots on the
@helium
IoT network
While the automotive world is focused on the
@Tesla
NACS charging plug becoming a de-facto standard,
Tesla quietly open-sourced a new part of their stack that shows another way they're lapping the competition
A quick intro on Fleet Telemetry & why it matters👇
I was actually surprised by the number of execs from unexpected industries (like automotive) who attended.
In order to get them from "interested" to "committed" we're going to have to meet them (and their bosses) where they're at.
Met a ton of people in Denver today who are connected to
@DIMO_Network
Now that we're opening up dev tools many of them are kicking the tires and starting to build apps on the network.
Feels like we've hit a tipping point.
Users --> devs --> apps --> more users
There's a funny moment that happens over and over with many crypto VCs I've talked with:
When they realize the success of
@DIMO_Network
depends on consistently shipping and delivering value to users (i.e. it's not a scam), they become less interested.
It's a great filter
gm & happy new year.
DIMO grew > 900% in 2023, and we're trying to beat that in 2024.
What is something that is still confusing or unclear about
@DIMO_Network
that we can improve on?
Hear me out: Delta SkyMiles for car spend.
A card w/ 2-15% cash back on fuel, maintenance, insurance. Auto-categorizes expenses by vehicle & recommends savings.
Rewards deposited monthly into DIMO wallet & converted into free roadside assistance, wifi, car rentals, etc.
Love to see the folks down under getting on
@DIMO_Network
even before it's "officially supported"
we're really out here building a permissionless global IoT network
@the_transit_guy
It's WILD that the costal residents can't organize to make this happen.
Train currently goes through some of the nicest costal real estate that surely would be more valuable with less traffic
I talk with a lot of people who are newly interested in decentralized physical infrastructure (DePIN).
Here are the important questions to answer when evaluating a new DePIN project:
10+ years in a row at CES but this will be the first time attending with a product to sell.
Hit me up if you'll be in Vegas next week and you want to talk about DIMO Macaron, building on the network, or anything else DePIN related
Was asked to make a 60 second video to explain
@DIMO_Network
so I made my first tik tok.
It is an interesting medium and I can see now why it is so addictive. Might make some more.
pls enjoy & feel free to roast me below 👇
4 years TO THE DAY after
@neensgram
and I met (9-15-22) we welcomed a happy healthy baby boy Otis Chatham to the world. We're feeling lucky, tired, and full of optimism for the future.
First, if you're reading this in 2024 you are still early - there are 1.4 billion cars in the world and only .0003% are connected to DIMO.
That's $30T in assets trapped in the "flip-phone" era, waiting to be upgraded.
Here's how we're going to do that:
So we traded in our Ford Expedition a few months back and bought a Kia Telluride.
Kia charges $150 per year just so you can remote start your vehicle, set the climate, and lock/unlock your doors.
What sort of fuckery is this?
Internet service & energy distribution are getting more decentralized.
This means:
More options for consumers, improved resilience & access, better prices.
@DIMO_Network
exists to make sure the same thing happens to transportation.
I'll be in Boston Getting MEGA dorky tomorrow with some gigabrains who are building connections between user owned IoT networks (like
@DIMO_Network
) and internet-native finance
Germany looks like a lock to take down the EU top speed award for
@DIMO_network
Here's an anonymized map of European users reporting speeds greater than 120MPH (193 Kph) in 2023
There's some incredible data flowing into
@DIMO_Network
on the performance of EV charging infrastructure.
Example:
Tesla Supercharging speeds vary massively by location and weather, and charging from 0-25% is WAY faster than 75-100%.
I went on
@packyM
NOT BORING show to talk about
@DIMO_Network
- made some self driving car predictions, said "Pulling the thread" a lot.
Please give it a listen, ~*LikE & SuBScrIbe*~ & roast me in the comments if needed so I know what you think
🔗👇
Remember the Smartphone Wars?
The next 10 years of the automotive industry are going to make that look like a snowball fight
- Cars are a ~5x larger market than phones
- Legacy automakers & suppliers are massive unionized employers with political influence
- Car brands are
Two futures are possible:
- One where CORPORATIONS control cars and their data
- One where PEOPLE are in control
@DIMO_Network
puts people in the digital driver seat, and gives builders tools to create a better future.
It's
@CES
week in Las Vegas, Nevada!
@DIMO_Network
will have some boots on the ground at the conference today. Stop by booth 3717 to say hello, chat connected vehicle tech, or get a look at the new Macaron hardware device.
@tszzl
Generally agree with you but after 15k+miles I can say Comma ai has the interaction model right.
You can override steering/accel without turning it off and it has vision based driver monitoring
I'll be in Hong Kong in just over 2 weeks giving a talk about the past, present & future of
@DIMO_Network
If you'd like to link up, my DM's are always open.
Want to know the latest development of
#DePIN
? Join
@Ajchatham
at the upcoming Hong Kong
#Web3Festival
on April 7th!
Andy Chatham is the Co-founder
@DIMO_Network
, building products and systems that move things around.
Secure your spots at one of the world's most exciting
DIMO Hardware just got cheaper 🎉
We're closing a massive month of hardware sales and our team just improved our manufacturing process.
Head to the store. Get your car connected. Start earning $DIMO.
The
@getgrass_io
app allows users to receive rewards for selling their unused network bandwidth.
Their co-founder,
@0xdrej
, sat down with
@ajchatham
this week about to discuss how
#DePIN
is letting people earn from data they didn't know was valuable.
"Data Isn't Oil - data is Sand"
Can't build much with a few grains, but get enough of it and mix in the right ingredients and you've got a building block for some useful infrastructure.
DIMO has great ground truth data on charging networks. We see how fast they're putting electrons into batteries - here's the average KM added per minute at every charger in NA over the past month.
Helium showed how web3 tech & incentives can be used to build distributed telecom infrastructure.
We're bringing that model to mobility with
@DIMO_Network
Proof of Coverage 📶
🤝
Proof of Movement 🗺
Are you tired of the same recycled media takes from CES?
Hit the reminder button below to hear what the actual builders liked & disliked from the show this year.
every large industry should have a version of this ad -
energy, automotive, construction, education, healthcare, agriculture all need to be upgraded
inspiring people to think beyond the status quo is the first step
A popular feature in DIMO Mobile is one you never want to have to use: Error code reading
P0420 comes up more than you'd think - it means the catalytic converter is not functioning.
Usually this means it's been stolen out from under your car.
Be safe out there!
If you read this article by
@BillHughesDC
you will by fully equipped for that inevitable Thanksgiving conversation about what the Hell is Happening in Crypto
also I made this meme
With the
@worldcoin
funding & AI hype, it's clear there's going to be a huge debate around the right way to do digital ID for people.
What's way less controversial but maybe more useful? Decentralized ID for valuable machines like cars.
Claim yours today on
@DIMO_Network
at
@digi_infra_inc
we're building tooling to support apps like quests and mapping games on
@DIMO_Network
This map shows shows each US Zip code shaded by the # of unique vehicles sending valid data within 2023
Dark green = 1,000+ cars
I don't think you can call this a "first" as there are over 3,400 Teslas on-chain (and more than 12,000 other vehicles)
@DIMO_Network
but great to see people innovating & building in the space
When we started building
@DIMO_Network
with
@digi_infra_inc
&
@autopi_io
the goal was (and still is!) to bootstrap new digital infrastructure for connected vehicles.
The first killer app: the best datasets on cars
It's clear now there will be apps that become 10x larger...
Make it dead-simple to get connected:
@DriveDIMO
(drivedimo(dot)com) is now a hub for everything you need to know about getting your vehicle online and earn rewards.
One of the biggest problems with EV adoption is public charging. It is unreliable at best & there's no clean data
We have a huge dataset of verified EV charging sessions
@DIMO_Network
- and are looking for collaborators to turn it into insights to fix our infrastructure.
It's really crazy that Apple will unilaterally block you from running the software you want on your own device.
One of the most disrespectful parts of their culture, and it's damaging to their brand.
This is why we’re building DIMO. Small apps for cars & other IoT devices can actually be quite big businesses due to the size of the insurance, finance, maintenance, and used car markets.
Small Apps that recognize their fleeting nature can team up with protocols that are built to last to build something bigger and more durable collectively.
Small Applications, Growing Protocols
If you're wondering if web3 hype is real, read
@packyM
Featuring
@DIMO_Network
:
"DIMO's goal is to be a public good that makes it easier for developers to build apps for any vehicle that make mobility cheaper and more efficient"
2k cars connected, millions more on the way
Today, as it stands, web3 has real use cases.
Jumping back into the web3 use case debate with the first of a two-parter.
Part I is all about disruption theory and the use cases that exist today.
@zachware
There are many more types of people than this. Grandmas who reply with a GIF from 2004. Artistic types that have an email but only reply if the vibes are right. Moguls who only forward replies to their assistant via voice memo. My dentist who emails between 10-3PM ET
First ride on an electric pedal assist
@CitiBikeNYC
. Smooth, easy ride. When rollout happens at scale these are going to change how many people think about moving around the city.
I just talked to a
@DIMO_Network
user who got $2,490 over the highest trade in offer by using
@carousellautos
to handle the sale. No paperwork or shopping around required
The car market is crazy right now. 📈📉
@carousellautos
allows DIMO users to combine the data they're already collecting with industry know-how to get the best price when they buy/sell or refinance.
Check out these tips & sign up if you're buying in the next 2 years.
My DM's are always open and I love talking to people who are interested in:
- Getting connected
- Building on the Network
- Integrating an existing service
- Working at
@DriveDIMO
or on open source for
@DIMO_Network
- Getting their OEM or Tier-1 onboard with DIMO
For DIMO to be successful it will take capital with a long-term orientation:
We've also added some great partners in
@ConsensysMesh
,
@borderless_cap
, and are excited to deepen our partnership with existing investors from our seed round like
@coinfund_io
,
@slow
,
No matter how many times I listen to my own voice it will never be a comfortable experience.
However, It is great to be sharing what we're building
@DIMO_Network
!
We're just starting to realize the potential of some of these open source building blocks like
@streamr
@hansaFL
@DIMO_Network
DIMO is a developer platform for cars. Data is valuable, the direct connection with users of the network is 1000x more valuable.
We're starting to see traction with developers building products in maintenance, insurance, vehicle sales/finance that couldn't exist otherwise. Will
84% of automakers say they can share your personal data with service providers, data brokers, and other businesses
76% say they can sell your personal data (on a car YOU own!)
56% say they can share your information with government or law enforcement in response to a request
You wouldn't let someone steal your car, so don't let companies steal your car data. Take control of your car data with DIMO.
🚙 Real-time vehicle valuation data
🏥 Health & maintenance metrics
🏭 Cost-saving DIMO Marketplace
🪙 $DIMO Rewards
We're entering the "find out" phase of the
@Tesla
price cuts.
Which legacy automakers are going to be caught in the transition?
Halfway EV doesn't seem like a winning strategy.