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.
|Soft cap||7,000,000 USD|
|Hard cap||35,000,000 USD|
|Token for sale||1,625,000,000|
|Whitepaper||Click Here For View Whitepaper|
|Website||Click Here For Visit ICO Homepage|
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.
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.
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.
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.
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.
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.
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.
Firdosh Sheikh CO-FOUNDER AND CEO
Surya Ranjith CO-FOUNDER AND CFO
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