IM Motors, the high-end intelligent pure electric vehicle brand backed by Chinese largest automaker SAIC and e-commerce giant Alibaba, announces it will officially launch its Drive-to-Earn Reward Scheme while Mileage Mining mode will start on August 7, 2022 for IM Valley, a metaverse built for its car owners to earn digital “Stones” as they drive. It indicates the completion of IM Motors’ Customer Share Option Plan, or CSOP, an initiative to bring the power of data back to its owner with rewards and incentives in real life.
According to the Reward Scheme, IM car owners can use up to 6,800 Stones plus CNY10,000 for an autonomous driving system featuring lidars, radars and OrinX chips for their vehicles.
‘Drive-to-Earn’ in the metaverse
The term ‘Metaverse’ is not new, which in fact showed up 30 years ago in the popular Sci-fi novel Snow Crash by Neal Stephenson. However, what IM Motors is building in its metaverse, a.k.a. IM Valley, tells another story: How driving could be...
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