PANews reported on April 23 that according to Decrypt, Polygon Labs has partnered with sustainable infrastructure startup Pyse to tokenize electric motorcycles in Dubai, using Polygon blockchain technology to anchor asset ownership and collect data in real time. The partnership aims to combine electric motorcycles with stable returns with dynamic data monetization to lay the foundation for entering India's growing electric vehicle market. Aishwary Gupta, head of Polygon's global payments and liquidity, said that real-world assets are one of Polygon's focuses, and it is hoped that all tokenizable assets will be connected to Polygon. Each electric motorcycle is equipped with Pyse's proprietary DePIN mining machine (DMM), which collects data such as air quality, road wear and noise pollution when performing deliveries and uploads them to the chain, and rewards are distributed through token incentives. This model combines RWA income with DePIN token incentives, allowing contributors to double profit from asset and data output.
Polygon partners with Pyse to tokenize electric scooters in Dubai and plans to enter the Indian market
- 2025-05-12
Important information from last night and this morning (May 11-May 12)
- 2025-05-11
Opinion: DeFi can unlock the profit potential of real-world assets such as gold
- 2025-05-11
Guotai Junan International plans to develop tokenized securities business
- 2025-05-11
U.S. SEC Chairman Paul Atkins will deliver a keynote speech on asset tokenization on the 12th
- 2025-05-10
Skybridge Capital founder: Sovereign wealth funds' large-scale purchase of Bitcoin still needs to wait for clear US legislation
- 2025-05-10
Web3 on-chain data interpretation: Solana transactions were active in April, and Ethereum funds returned