Home Ico Review DRIFE ICO Review : DRIFE is a decentralized ride-hailing platform

DRIFE ICO Review : DRIFE is a decentralized ride-hailing platform

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Caribbean Dream

About DRIFE 

DRIFE is a decentralized ride-hailing platform powered by blockchain with the intent of empowering value creators within our ecosystem – these include the drivers, commuters, and community developers. DRIFE plans to disrupt the existing business model and remove the corporate intermediaries involved in the transactions. DRIFE ride-hailing platform has created a new paradigm for the ride-hailing industry.

Basic Information

Token NameDRIFE
Token Symbol=====
Social MediaDRIFE ICO Review : DRIFE is a decentralized ride-hailing platformDRIFE ICO Review : DRIFE is a decentralized ride-hailing platformDRIFE ICO Review : DRIFE is a decentralized ride-hailing platform
Soft cap7,000,000 USD
Hard cap35,000,000 USD
Token for sale1,625,000,000
CountryUnited Kingdom
WhitepaperClick Here For View Whitepaper
WebsiteClick Here For Visit ICO Homepage

Big business

The transport industry as seen in the form of logistics and goods-delivery systems, to personalized ride-hailing experiences has evolved. However, it doesn’t really matter the form, the business of mobility turns out to be a big business and a lucrative one at that.
‘As everything moves,’ the global mobility service chain industry is one which has had one of the most distinct transformational trends in the history of mankind.

Future

The advent of the blockchain, smart contracts, and the decentralized distributed economy has opened up the world to a whole new scope of opportunities. These opportunities have given rise to a host of tokenized digital assets and a prospering new Internet-based economy. While these concepts are still nascent and propose a brighter future,their current development and application streams are magnificent.

Features

Centralization

Since the beginning of industrialization, the problem of centralization which is the basic infrastructure of private sectors and government systems has plagued every major industry. Generally,it describes a middleman structure that concentrates the flow of power, decision making and the economy to itself, it is hard for any meaningful growth or
development to take place with this type of structure in place. It’s a given that the existing taxi aggregator firms have a centralized system in place,and since this transport model has been mirrored by ride-sharing/hailing industries, the problem percolates.

Driver income

Taxi drivers confront a noteworthy investment cost when they purchase a new vehicle in the hopes that the new venture will make it easy for them to repay the cost with a profit margin in the shortest amount of time possible. Oftentimes, their expectations are far from
reality. Take, for example, medallions in suburbs and urbanized communities could cost as high as $1.3 million USD – even with the price crash to $250,000 USD; it is still almost certain that an average individual could not afford a one-time payment.

Network

The option to retain a driver as preferred drivers, provided they are free, isn’t available. If a rider had a pleasant experience with a particular driver, the most the customer can do is to provide a good feedback for the driver. If the preferred driver is in the vicinity, there is no way a customer can be aware of it and request another ride with that same driver.
Network building, especially on the side of the driver, would have been a useful tool to establish customer relationship and in the long run, keep drivers with a particular firm.

Investors

DRIFEdesire that our product will have an indirect impact on adopters ‘outside’ our user ecosystem. This will include long-term investors, traders on both decentralized and centralized exchanges and all future potentials the DRIFE token will have as a result of interaction with our product and is adoptability. Incentives here will involve periodic airdrops, selfdrops, and air grabs. More so, staking rewards are competitive and far beneficial than what is currently obtainable on other decentralized projects.

Transparency

Blockchain implementation creates a fully auditable and valid ledger of transactions that is indelible and unforgeable. With a user-friendly interface to access the same, transparency in payments and fare calculations can be achieved. DRIFE will be storing data on EOS Blockchain, which will include all the information about the Journey, Each and every Commuters review and feedback will be stored on the distributed ledger, Commuters will be able to view all the details of drivers.

Video

Team

Member
Firdosh Sheikh CO-FOUNDER AND CEO
Surya Ranjith CO-FOUNDER AND CFO

Also Read – Click Here for Read All ICO Review

Quote This article is writing on 13 April 2019 based on information available online & news portal. If you feel it’s outdated or incorrect, please write here to update it. Mail us: [email protected] Or Whatsapp Us- +13098896258

Disclaimer:

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