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DIMO Network describes its business activity as concerned with building "digital infrastructure for moving objects." In other words, the company focuses on building a user-operated platform that enables drivers to collect and share their vehicle data through a digital marketplace. Through this system, drivers can get insights about their vehicle while contributing data to the open ecosystem where it can be utilized in the design of new technology and applications. Users can also earn DIMO cryptocurrency tokens for participating in the data collection program.
The open platform developed by DIMO connects various data sources (initially cars) and consumers (applications and businesses) to provide mobility services. The platform allows vehicle owners to collect, use, and monetize the data generated by their car. In addition, businesses and app developers can access vehicle data to build services on the open platform, which could in theory reduce the cost of building standalone integrations.
The DIMO Data Miner, DIMO Network's first hardware product, is a small device that can be connected to a car to gather various driving data. It was offered on presale at the price of $345.00. The company advised that users who already own a Tesla or use an app with their car such as the FordPass or the Toyota App may be eligible to connect to the DIMO Network platform without the Data Miner device.