Hello everyone, this new post I want to introduce about a very interesting and good project that is DRIFE, and for more details, let's just go to the following discussion:
What is 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. 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.
Feature
No Commission
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 ‘commuter’ goes directly to the ‘Drivers’.
Incentivise Social Platform
DRIFE provides additional incentives to its network users contributing towards the platform’s betterment through social interaction and network building.
Governance
DRIFE believes in a democratic engagement of network participants towards financial and operational decision making for the platform.
Safety
DRIFE values the safety of the commuters and endeavours to carry out multiple security checks on the drivers before on-boarding and whilst in service. DRIFE also provides infrastructure for broadcasting Emergency SOS signals within the community to solicit help.
Why DRIFE ?
In less than a decade, over 1600+ cryptocurrency platforms built on the premise of the blockchain technology now exist. New startup enterprises, great innovative technologies, and improved scalability features from the original blockchain have elicited awe. However, more than 90% of these projects lack practical application or utility. Most of them are created as sub-chains or sidechains leveraging the power of more efficient systems. Despite the opportunities being accorded by the blockchain enterprise, adoption for most of these platforms is still out of reach because:
“Not many real-world use cases have been fully disrupted”
Payment Processing Flow
DRIFE will allow payments via cash, cards, and DRF tokens. This gives the commuter access to different payment options and choice. For every trip, the fare is paid 100% directly to the driver and thus, ensures that DRIFE has no hidden cost, charges or commission. This 100% fare payment to the driver offers major cost benefits when compared to competing ride-hailing systems, and returns all revenue back to the community where it belongs.
Our Tokenomics
Drife token, DRF is a utility token that will also function as a currency within our platform. It will be used to execute ride payments, access loyalty rewards and staking functions on our platform.
- Blockchain type: EOS
- ICO Token Type: ETH ERC-20 Compliant Token
- Token symbol:DRF
- Total supply: 325 Million DRF tokens
- Economic model: 1-3% annual Inflation (depends on decision-making by the community)
- Whitelist: Yes
- KYC: Yes
ICO Tokens Details
- Tokens Offered: 162.5M
- Soft Cap (Public ICO): DRF 32.5M
- Hard Cap: DRF 162.5 million
Private Sale: Live
50%: $0.13/token
IEO Pre-Sale: 25th of Feb 2019
20% Bonus: $0.20/token
IEO-Sale 1: 10th of March 2019
15% Bonus: $0.21/token
IEO-Sale 2: 10th of April 2019
10% Bonus: $0.23/token
Token Allocation
Distribution Token
- 50% ICO Public Sale
- 10% ICO Private Sale
- 10% Founders
- 10% Social Incentives
- 5% Team Vesting
- 5% Development
- 3% Bounty & Airdrops
- 5% Referral & Rewards
- 2% Advisory
Funding Allocation
- 30% Product Development
- 25% Marketing
- 15% Legal
- 25% Operations & Offices
- 5% Reserve
The Roadmap
Q1 - 2018
- Platform Idea
- The idea of Decentralized Taxi
- Conversion of idea into Business Plan
- Community Development
Q2 - 2018
- Design
- Website launch
- Listing of Drife to EOS index & other EOS projects
- Social media profiles
Q3 - 2018
- Preparation
- Listing Drife
- DRIFE Technical Architecture on EOS Blockchain
Q4 - 2018
- ICO Preparation
- Pre-sale
- Demo version of Dapp
- Drife campaign
Q1 - 2019
- Pre Launch & Exchange Listing
- Beta version of Dapp & Drife launch
- Exchange Listings
Q2- 2019
- Launch
- Drife to go live - Phase 1
Q3 - 2019
- Phase 2 Launch
- Drife to go live - Phase 2
Q4 - 2019
- Phase 3 Launch
- Drife to go live Phase 3
Q1 - 2020
- Expansion
- Growing Globally
- Enhance Technology
Team
- Firdosh Sheikh: Co-Founder & CEO
- Surya Ranjith: Co-Founder & CFO
- Wadad Kafka: Chief Evangelist
- Debraj Ghosh: IT Infra Consultant
- Mudit Marda: Lead Blockchain Developer
- Rakesh Sahu: IOS Developer
- Max Gravitt: Lead Blockchain Developer
- Samarth jain: Legal & Compliance
- Abhilash Verkey: Marketing & Research
- Dolly Deval: Senior Marketing Manager
- Syed Adil Nawaz: Product Designer
- Jitendra Rathod: Chief Content Officer
- Emmanuele: Content & PR
Media
You can join or participate in the DRIFE sales crowd through the following links:
Website: https://www.drife.one/
Facebook: https://www.facebook.com/drife.official
Twitter: https://twitter.com/Drife_official
Telegram: https://t.me/Drife_officialchat
ANN Thread: https://bitcointalk.org/index.php?topic=5076512
Author
Username Bitcointalk: samuraijin
Profile Bitcointalk Link: https://bitcointalk.org/index.php?action=profile;u=905398
ETH Address: 0x3f9bb3679f1B71F22d823992078244C87EF4D455
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