BLXM tokens for decentralized mobility – a future model?

The start-up bloXmove wants to create an alliance for mobility providers and simplified bookings for everyone with its blockchain mobility platform.

bloXmove, a start-up from Daimler, announces its Initial Denzentralized Exchanges Offering for October 22, 2021. The Layer 2 token should therefore be available at an entry price of 0.80 US dollars via Uniswap or Pancakeswap. The token is obtained by exchanging it with an ERC20 (Ethereum) or BNB (Binance) Token. First of all, the company is trying to acquire funds in order to quickly expand the network, bring more talent on board and thus focus on long-term platform development. The platform would like to enable the individual to buy a ticket for a complete ‘trip’ with an app. In practical terms, this means: a ticket to take the e-scooter to the S-Bahn, the S-Bahn to the main station, the bus to the next town and from there a taxi to the grandmother.

One of the three founders, Sophia Rödiger, explains to BTC-ECHO how and which users can use the tokens and applications, how the platform is initially secured and when it can be used by the population in Germany.

The mobility blockchain platform for mobility providers

the platform of the start-up is called Mobility blockchain platform (MBP). This is an offer to mobility providers. That doesn’t mean directly to the end user: B2B instead of B2C. bloXmove would like to submit the offer to different mobility providers to combine their services on a backend technology managed by bloXmove. A comparable example is the Lufthansa app: users can also use this to book flights from partner airlines such as Air Canada or Egyptair without the company giving up personal customer loyalty.

Sophia Rödiger explains to BTC-ECHO how the token is used:


For the transaction costs that mobility companies have with us, they can pay with BLXM tokens – with internal billing units we regulate the micro-payments with little effort. End customers of mobility currently pay in FIAT, but in future they should also pay for mobility services with BLXM tokens as soon as bloXmove goes live with the first providers of bus, train and scooter services. We also want to reward the use of green and shared mobility in our ecosystem with the BLXM token, which is why we will use the concept of rewarding and gamification here in order to offer the end customer savings.

Sophia Rödiger opposite BTC-ECHO

bloXmove offers companies to check and verify the digital identity of the individual users and to conclude the contracts for the respective journeys. To do this, it uses a blockchain that is equipped with smart contracts and is supposed to grant real-time bookings. With the help of the blockchain, the bookings should be able to be processed securely and efficiently – this requires the BLXM tokens. According to the managing director, users do not have to worry about publishing their travel plans on the Internet:

Decentralized identities (DID) were developed precisely to protect data sovereignty and represent a clear step forward compared to conventional models in which users have to return their master data to every service provider over and over again. On the basis of DID, users only share the necessary data and only with their direct consent. Once verified credentials, e.g. driver’s license, only need to be presented the second time. There is no need to re-register.

Sophia Rödiger opposite BTC-ECHO

Issue of the BLXM tokens

Anyone interested in buying can take part in the public auction on October 22, 2021. According to the press release, the BLXM will then be available for purchase via Uniswap and Pancakeswap. For the time being, however, 54 percent of the tokens remain in the possession of the BLXM Token Foundry Company Limited by Guarantees, in short: the bloXmove Foundation. According to the CEO, the remaining tokens are divided between the private community, the team, the brand ambassadors and the advisors. According to Rödiger, by withholding the tokens, the start-up wants to ensure that the founding team remains independent. The foundation can use its funds to further develop the technology and the protocol, to strengthen the community and to support initiatives in the field of green mobility, as required. Rödiger explains the structure of the platform:

These are largely independent holders. We deliberately used almost no people who are in the lead at bloXmove. This is how we want to maintain the decentralized character. The foundation is located in Singapore, which provides a common legal construct for legally secured IDO constructs. The remaining token holders include the private community, the team and brand ambassadors as well as advisors who support and advise our project.

Sophie Rödinger opposite BTC-ECHO

In addition, bloXmove ensures that no other party takes on a monopoly position. The aim is to keep the risk for the young company as low as possible. Dr. Harry Behrens, the second founding father, says that the “combined form of tokenization and funding is the future for young companies”. The fraud cases in the past would have made investors skeptical about new tokens. That’s why his company wants to try in this way to gain the trust of market participants first.

The competition never sleeps

However, bloXmove is not the first company that tries to develop the idea of ​​a holistic platform with a mature ecosystem. Some other companies like Sixxt or Rydes are already working on similar ideas. According to the management, the Dublin-based start-up has therefore placed its focus markets on Asia and Europe. It should start soon in Germany and the Netherlands:


We plan to go live in Q1 or Q2 with the first 5 ecosystem partners, initially in Germany and the Netherlands. This is where the project sprints started. In the first step, we focus very strongly on different regional circles with different providers and associations. In the Netherlands it is about an entire Dutch Mobility Ecosystem: under the catchphrase “Service Roaming” or “Island Hopping”, the first cities are currently joining together that want to enable a user who normally lives in Amsterdam to be collaborative and decentralized , can also book, use and pay for mobility offers in Berlin, Munich or China with his usual apps.

Sophia Rödiger opposite BTC-ECHO

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