News, 25 April 2025
Pyse and Polygon Labs have collaborated to link Polygon’s blockchain with Pyse’s fleet of electric motorcycles for food delivery in Dubai. This collaboration aims to advance real-world assets (RWAs) on the blockchain, with plans to expand into India’s growing electric vehicle (EV) market.
Pyse will use its electric motorcycles as mobile data collection nodes via Depin Mining Machines (DMM). This technology will gather urban data (air and noise pollution, road conditions) to mint native tokens and support decentralized physical infrastructure networks (DePIN) projects.
The partnership seeks to replicate its Dubai model in India, focusing on fractional ownership and data-driven solutions to tap into the country’s rapidly expanding EV market and environmentally conscious demographic. This initiative aims to provide new investment opportunities and promote the adoption of sustainable technologies.
About Polygon Labs
By creating aggregated chains, Polygon Labs, which was established in 2015, is promoting the use of blockchain technology. Polygon Labs aims to empower internet users by redistributing value and control through open-source blockchain technology. Originally founded as Matic Network in 2017, the platform has evolved to focus on broader blockchain solutions.
About Pyse
Founded in 2020 by Vinay Mantha and Kaustubh Padakannaya, Pyse is a platform designed to facilitate fractional investments in sustainable ventures. It allows retail investors to participate in green initiatives, such as solar power and electric vehicle projects, thereby promoting both social and environmental benefits.
