bloXmove to partner with penomo

bloXmove.com
bloXmove
Published in
2 min readJul 17, 2024

Partnership to apply tokenization and web3 financing to Mobility-as-a-Service

bloXmove, a pioneering blockchain-based mobility platform, and penomo, an on-chain RWA platform for green energy, are proud to announce a strategic partnership. bloXmove will explore the use of penomo’s RWA (Real-World Asset) financing platform to fuel its innovative projects, in which bloXmove’s NFTicket solution forms a key component enabling proof of ownership and revenue sharing.

bloXmove partners with rWA DePIN company penomo

By combining the unique capabilities of bloXmove’s NFTicket transaction and revenue management chaincode with penomo’s financing capabilities, the partnership aims to:

  • Enhance mobility financing options for mobility service providers and drivers
  • Increase the footprint of green mobility, especially through the financing of electric bicycles and cars.
  • Increase access to affordable transportation services
  • Foster the growth of sustainable mobility solutions

“We are thrilled to work with penomo on bringing innovative financing solutions to the mobility ecosystem. Through this collaboration, investors gain access to investment opportunities into #DePIN electric and mobility infrastructure. Drivers avoid the cash outflow of acquiring vehicle and battery and consumers benefit by lower prices and access to green mobility. ” — Harry Behrens, CEO of bloXmove.

”We are excited to support bloXmove’s groundbreaking projects and contribute to the future of mobility. By leveraging our RWA tokenization operating system and BloXmove’s innovative NFTicket solution, we solve a long standing pain point by providing flexible and liquid capital access for mobility RWA projects from sustainability investors hungry to access this new quality asset class. This collaboration will even incentivize mobility communities to participate and access services smartly and more economically, enhancing transportation efficiency to gravitate towards sustainable mobility transition faster.”— Jasvir Dhillon, CEO of penomo.

The partnership is set to drive innovation and growth in the sustainable mobility financing space, empowering users and drivers with seamless and affordable transportation solutions.

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