| Rating |
|---|
| 9.1/10 |
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. Our ride-hailing platform has created a new paradigm for the ride-hailing industry. We are the first platform in this niche to express the full features of the decentralized ride-hailing economy. With the power of the Blockchain technology, the DRIFE platform strives to bring a new paradigm to the ride-hailing platform and solve the horde of issues that have emerged from the current model of centralized business. The growth of the platform not only contributes to the objective of DRIFE but also enhance the overall value provided to all the stakeholders concerned like driver’s income, commuters fare, cybersecurity and transparent governance.
WebsiteMVP/Prototype
DRIFE (DRF) ICO Information
| Name | DRIFE : Nexgen decentralized ride hailing platform |
| Token | DRF |
| Token Price | 1 DRF = 0.25 USD |
| Token for Sale | 162,500,000 DRF (50%) |
| Pre-Sale Date | 12/01/2018 - 12/31/2018 |
| Token Sale Date | 01/01/2019 - 02/28/2019 |
| Token Sale Closes [ ] from now | |
| Country | India |
| Review | - |
Documents
Whitepaper Lightpaper Terms of Use Privacy Policy
DRIFE is a completely decentralized ride-hailing platform powered by the EOS blockchain with the intent of empowering value creators within our ecosystem – these include the drivers, riders, and community developers. DRIFE plans to disrupt the existing business model and remove the corporate intermediaries involved in the transactions.
What we’ve created in the DRIFE ecosystem is a new paradigm for the ride-hailing industry. We are the first platform in this niche to express the full features of the decentralized ride-hailing economy.
DRIFE Ecosystem: Value Creators & Extractors
At the core of our ecosystem are our value creators (Drivers) and extractors (Riders) - we take good care of them:
A. Drivers: DRIFE aims at shifting the focus from the existing commission-based platforms to a decentralized network with a new economic model, where 100% of the fare paid by 'Rider' goes directly to the 'Driver’. We at DRIFE are determined to make an economy of Zero commission on rides, only annual Membership Fee from the driver which will give them access to DRIFE platform to get connected with the riders.
The platform fee can be paid in either DRIFE token or Fiat currency and will accrue annually, with the first year Membership Fee paid by the drivers acting as a security deposit. Drivers will be given equivalent DRIFE tokens, which is locked into the DRIFE platform as long as the Driver remains in the community. Anytime the driver wants to exit from the community, they will be free to liquidate their DRIFE token for themselves.
The second-year membership fee will give drivers access to DRIFE platform only with no DRF token equivalent given. Funds collected through membership fee will be used for pay day to day expenses to run the platform.
B. Riders: passengers receive special exclusive discounts (T&C applies) when DRIFE tokens are used to make payments for trips. Further, as incentives and bonuses when they behave appropriately during rides. More so, feedbacks on the driver, trips, overall DRIFE platform use, and network building are incentivized through the DRIFE token.
Other key participants in our ecosystem:
C. Developers*: a community of open-source developers are incentivized through bug bounties and for other potentially creative in-app developments that will user experience through UI interaction for both riders and drivers.
D. Investors*: it’s our desire 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.
In summary, our economic model encourages active participation from the community members towards the building and maintenance of the ecosystem.
Applying Blockchain technology in the local transportation or taxi industry is only a continuation of an evolution that has gone on for centuries. Everything is processed through dApps using smart contracts to establish trustlessness and each transaction becomes a part of the blockchain – an immutable record.
| Token Info | |
|---|---|
| Platform | EOS |
| Type | ERC20 |
| Supply | 325,000,000 DRF |
| Investment Info | |
|---|---|
| Softcap | 32,500,000 DRF |
| Hardcap | 162,500,000 DRF |
| Accepting | ETH |
| Whitelist / KYC | Yes / Yes |
| Bonus | Private Sale = 50% Pre-Sale = 20% ICO 1 = 15% ICO 2 = 10% |
| Advisors |
|---|
Platform Idea
The idea of Decentralized Taxi
Conversion of idea into Business Plan
Community Development
Design
Website launch
Listing of Drife to EOS index & other EOS projects
Social media profiles
Preperation
Listing Drife
DRIFE Technical Architecture on EOS Blockchain
ICO Preperation
Pre-sale
Demo version of Dapp
Drife campaign
Pre Launch & Exchange Listing
Beta version of Dapp & Drife launch
Exchange Listings
Launch
Drife to go live - Phase 1
Phase 2 Launch
Drife to go live - Phase 2
Phase 3 Launch
Drife to go live Phase 3
Expansion
Growing Globally
Enhance Technology
| Rating Distribution | |
|---|---|
| Marketing | 2.4 |
| Team | 2.0 |
| Information | 1.7 |
| Product | 2.0 |
| Vision | 1.0 |
| Disclaimer |
|---|
| PortalSoho.com does not encourage investing in any ICOs published on the platform. Make sure to do your own thorough research before putting money into Initial Coin Offerings. All content on PortalSoho.com is meant to be used for information purposes only, and should not be taken as financial or investment advice. |
| Author : Asrinur | Bitcointalk |
| ETH (ERC-20) Address: 0x86Ad36da59310683CfE8C2c66e798D2e636413fF | |
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