TI Rating Report: AMO

AMO is a Korean team-backed public chain project which serves automobile data as well as a DataMarket. It provides an AMO DataMarket on its own chain. The DataMarket supplies all data generated about automobiles, including data gathered from the various environments that interact with vehicles.

Within the AMO ecosystem, participants have both data-giving and consuming roles. Data producers can share data and receive compensation in $AMO according to the evaluated value of the data, while data consumers can obtain the rights to extract and use the data by paying that evaluated value in $AMO. According to the roadmap, AMO has already launched its portable V2X (Vehicle-to-Everything) device (V2X AIR) in 2022 Q3.

$AMO is the native cryptocurrency on the AMO blockchain. It's the governance and utility token of the AMO ecosystem. $AMO could be used as a data-sharing reward, payment means within the platform, as well as staking/delegation compensation on AMO mainnet.

TokenInsight gives AMO a rating of CCC, with a stable outlook.