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Green Light for DOVU as Mobility Blockchain Project Hits $5 Million Milestone

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Green Light for DOVU as Mobility Blockchain Project Hits $5 Million Milestone

Post by Vladdirescu on Sun Oct 08, 2017 12:20 am

The blockchain-based transport data initiative has issued over 100 million tokens, meeting its target raise and allowing the project to go ahead.

Blockchain mobility project DOVU is off to a flying start, raising over $5 million in Ether to date. The initiative aims to crowdsource high-quality transport data from large numbers of grassroots users, storing this on the blockchain and making it available to developers and companies in return for the DOV token. Access to these valuable datasets will drive innovation in the transport industry.

DOVU’s pre-sale was extremely successful, attracting a significant number of larger investors. This has placed the project in a strong position to go forwards: pre-sale contributions have already met the project’s funding requirements for several years. The main crowd sale launched on Tuesday and any additional funding will permit an accelerated development timeline, along with an increased marketing spend.

The full article: https://coinidol.com/green-light-for-dovu/


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