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 real-time data. This collaboration aims to combine stable-income electric motorcycles with dynamic data monetization, laying the groundwork for entering India's growing electric vehicle market. Aishwary Gupta, Polygon's Global Head of Payments and Liquidity, stated that real-world assets are a key focus for Polygon, with hopes of integrating all tokenizable assets. Each electric motorcycle is equipped with Pyse's proprietary DePIN mining machine (DMM), which collects data on air quality, road wear, and noise pollution during delivery and uploads it to the blockchain, with rewards distributed through token incentives. This model combines RWA returns with DePIN token incentives, allowing contributors to profit from both asset and data output.
