Revolutionizing Ride-Sharing with OVER VPS 🚲🛴 Dockless e-scooters & e-bikes are booming, but bad parking is a major issue for operators. Fines, manual relocations, and lost revenue add up. OVER VPS delivers centimeter-accurate parking verification to fix this. Here’s how it works: 👇🏼🧵

1/ 🅿 The Parking Problem in Ride-Sharing Ride-sharing companies operate fleets under two models: ↳ Docked: Vehicles park at fixed urban stations ↳ Dockless: More flexible, no infrastructure needed, but hard to enforce parking rules GPS isn't enough—it has a 4-6m accuracy in open areas & 10-15m in cities due to signal reflection. For parking verification, the max allowed error is 1m. GPS fails this test.

2/ OVER VPS Solution: Precision Parking with AI & 3D Maps 📲 OVER VPS solves the GPS accuracy problem by leveraging 3D Maps & visual re-localization: Step 1: User snaps a photo of the parked e-scooter/bike Step 2: OVER VPS matches it with its 3D Maps Step 3: The system verifies if it's correctly parked with centimeter-level accuracy This solution integrates seamlessly via API into ride-sharing apps.

3/ Why Not Just Use Google VPS? Google uses VPS for navigation, but it lacks the sub-meter accuracy needed for parking verification. ↳ Google maps with 360° cameras every 10m → good for navigation, but limited data density ↳ OVER maps with 400-1000 images per 300sqm → far higher accuracy That’s why Tier acquired Phantasmo, instead of relying on Google VPS. OVER follows a similar high-accuracy approach.

4/ The Financial Impact for Ride-Sharing Companies OVER VPS saves money in three key areas: 1️⃣ Avoiding fines: - In San Francisco, improper parking = $150 per scooter fine - VPS reduces bad parking by 90%, slashing potential fines 2️⃣ Reducing operational costs: - Manually relocating vehicles costs $5 per correction - Fewer corrections = lower labor costs 3️⃣ Increasing revenue: - Better parking = better customer experience & more rides

5/ How OVER VPS Saves Ride-Sharing Companies $6.3M+ Annually Let’s break it down with real numbers for a fleet of 1,000 scooters: 🛴 Each scooter is used 2.5 times per day → 2,500 total rides daily 🚧 5% of rides result in improper parking → 125 violations per day Now, let's calculate the two biggest costs: Fines & Operational Relocations 👇 🚨 Fines for Incorrect Parking In cities like San Francisco, fines reach $150 per violation: 125 violations per day → $18,750 daily in potential fines Annually, that’s $6.84M in potential fines OVER VPS reduces bad parking by 90% Actual savings in fines = $6.16M per year 💼 Operational Savings from Fewer Relocations Each misparked scooter needs manual correction Cost per relocation = $5 Annually, that’s 45,625 relocations = $228K in labor costs OVER VPS cuts incorrect parking by 90%, saving $205K in relocation costs

6/ The Market Opportunity: A $6.4B Industry by 2030 Dockless ride-sharing (e-scooters & bikes) is a $2.7B market in 2025, growing to $6.4B by 2030. Regional Breakdown (2025 Projections) 🇪🇺 Europe: $1.2B market (60% of e-scooter growth) 🇺🇸 North America: $720M market 🌏 Asia-Pacific: $615M market E-scooter sharing is growing at 18.8% per year, making parking solutions even more critical. 2025 Regional Breakdown (USD million) VS 2030 Regional Market Sizes (USD million):

7/ OVER VPS & DePIN: A New Business Model OVER VPS is more than a ride-sharing tool. It's part of OVER’s DePIN-powered B2B business, bridging Web3 & real-world infrastructure. 3D maps are created via OVER’s map2earn™ program DePIN generates revenue beyond Web3 🚀 First pilots are already under development in London & Paris. More announcements coming soon. Stay tuned. 👀 Read the full blog post:

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Real use case, right there!

The parking industry is fossure one area i didn't expect to see a well though out web3 solution like this. Google maps has a competition.

Great solution! tackling bad parking with centimeter accurate verification OVER VPS is a game changer 👏