The bloXmove Token (BLXM) is a utility token that enables decentralized mobility services by facilitating transactions, governance, and access management. More
Fully Diluted Valuation | $152,400 |
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24H Trading Volume | $178 |
24H Low / High | $0.00 / $ 0.00 |
Circulating Supply | 16.88 M |
Total Supply | 50.00 M |
Max Supply | 50.00 M |
Categories | DePIN 3 more |
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Founder | Sophia Rodiger |
Website | bloXmove.com |
Socials | 3 more |
Chains |
Ethereum Ecosystem
1 more
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Explorer | Binplorer 4 more |
Contracts |
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Name | Pair | OG Score |
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The bloXmove Token (BLXM) is a utility token designed to support decentralized mobility services. It aims to simplify urban transportation by integrating blockchain technology into various modes of transportation. The goal is to provide users with seamless, one-click access to mobility services while promoting sustainability and efficiency.
Key Features of bloXmove Token
1. Layer-2 Token for Decentralized Mobility
BLXM operates on a layer-2 blockchain, which enhances transaction speeds and reduces costs. This is crucial for facilitating quick and efficient mobility services within the decentralized mobility ecosystem.
2. Single Identification and Access Control
Using decentralized identifiers (DID) and verified credentials, users only need to identify themselves once. This allows them to easily access various services without repetitive verification processes. The token also manages access to vehicles, ensuring that only authorized users can utilize the services.
3. Transaction Fees and Revenue Distribution
BLXM is the only token accepted for paying transaction fees within the bloXmove ecosystem. Transactions encompass everything from initial identification to the final distribution of revenue, ensuring a smooth and secure transaction process.
How is bloXmove Token Secured?
The security of BLXM relies on blockchain technology, utilizing Ethereum's layer-2 solutions and Corda's distributed ledger. This dual approach enhances transaction security while ensuring efficiency. Regular software updates and offline storage in hardware wallets further protect the token from potential threats.
Use Cases of bloXmove Token
1. Payment for Services
BLXM serves as the primary means of payment for various mobility services, including rental fees and transaction costs. This makes it an essential tool for users seeking access to shared electric mobility solutions.
2. Governance and Decision-Making
Token holders have voting rights, allowing them to participate in key decisions regarding the development and direction of the bloXmove protocol. This governance model helps align the project with the interests of its community.
3. Business-to-Business (B2B) Management
BLXM facilitates the management of liabilities between businesses within the decentralized mobility network, streamlining financial operations and enhancing collaboration among service providers.
Recent Developments
bloXmove has achieved several important milestones, including partnerships with institutions like University Mittweida and Volksbank. These collaborations aim to integrate blockchain technology with practical mobility solutions. The Mobility 4All initiative further reflects bloXmove's commitment to creating inclusive mobility services.
Additionally, the release of foundational documents like the whitepaper and mobility strategy paper outlines the project's vision and technical framework, guiding its future development.
Conclusion
The bloXmove Token (BLXM) is integral to the evolving landscape of decentralized mobility. It serves as a versatile tool for payments, governance, and access management within the ecosystem. As bloXmove continues to innovate and expand its offerings, BLXM stands at the forefront of transforming urban transportation through blockchain technology.
The bloXmove Token (BLXM) uniquely facilitates a decentralized mobility ecosystem by allowing users to access various transportation services with a single identification and payment method, enhancing user experience and promoting sustainability.
bloXmove Token was founded by Sophia Rodiger (CEO), Dr. Harry Behrens, and Bernd Hanisch (CFO) within the Daimler group, known for innovations in automotive technology, including car sharing, and later participated in the Outlier Ventures acceleration program.
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