DRIFE will create a solid driver community and we will introduce incentives for drivers

DRIFE is a unique decentralized ride-hailing platform powered by blockchain. DRIFE will empower both, drivers and passengers.

DRIFE will disrupt existing business models and remove the corporate intermediaries involved in 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.

What will DRIFE Solve?

The main aim of any rid-sharing organization is to create long term loyal customers. For a long time, prices have been surging and currently up to 25 percent commission can be charged by a taxi service. Passengers and drivers have been searching for alternatives. Using blockchain technology DRIFE will create a fully transparent auditable and immutable ledger of transactions with a friendly user interface to access all the data of fare payment details.

A good reputation is essential for a company to survive and in this industry, passenger safety is the most important aspect. There have been incident reports where actual physical abuse has taken place by both the driver and passenger. All DRIFE customers will be able to view full driver details including comments and feedback by other passengers. All the comments and journey experience will be stored n the distributed ledger. The DRIFE mobile app will incorporate a unique ‘SOS’ call function for emergency any situations.

Apart from a high level of government control, there are other problems associated with a fully centralized service of this nature. These include exploitation of commission charges and personal data breeches also with the risk of identity theft. DRIFE addresses these problems with a unique system where driver income, the passenger’s fare and the total commission is transparently stored. Within our own governance, we will ensure that the latest cyber-security systems are in place to protect our customer data.

What about the Drivers?

There are many valid concerns within the current driver community. DRIFE will create a solid driver community and we will introduce incentives for drivers who will be able to introduce other drivers to the DRIFE platform and community. Most importantly, the growing driver network will be formed without the unnecessary need for an intermediary, resulting in direct driver payments.

Others may use a a simple rating and evaluation system but DRIFE will bring an innovative and holistic approach to gauge the services provided by drivers and reward them accordingly.

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.

The DRIFE Token (DRF)

The DRIFE token (DRF) will be issued and stored on the EOS blockchain and it will be used on the platform by both drivers and passengers. Using the token will enable ease of use, proof of ride purchase with proof of agreed costs and will also add extra value for those using the DRIFE platform. For example, both the driver and rider can earn bonus tokens. This will be distributed in the form of free miles for early adopters of the DRIFE Commuting APP . The driver will earn bonus tokens for adding new people to their network. The DRIFE bonus token system will encourage loyalty from both drivers and customers. More future incentives are possible and we will always consider community rewards.

When the ICO sale is complete, the DRIFE utility tokens will not be just restricted for services but will also be available for trading on exchanges.

  • Token: DRF
  • Type: Utility
  • Price: 1 DRF = 0.25 USD
  • Platform: Ethereum
  • Token Type: ERC20
  • Accepting: ETH
  • Minimum investment: 0.1 ETH
  • Soft cap: 32,500,000
  • Hard cap: 162,500,000
  • Country: UK
  • Whitelist/KYC KYC
  • ICO Time: 10 Jan 2019 - 10 Mar 2019

Token Allocation
Overall, 325,000,000 tokens will be released and the hard cap of the tokens for sale is 60%.

The remaining 50% of total emitted tokens will be divided amongst the Private sale (10%) Social Incentive (10%), Development pool (5%), Team members (5%) founder (10%), bounties and Airdrop (3%), Referral, Rewards and Bonus-5% and Advisory (2%)

The team



Follow us and stay up to date by clicking the links below:
Website: https://www.drife.one/
ANN: https://bitcointalk.org/index.php?topic=5076512
Facebook: https://www.facebook.com/drife.official
Twitter: https://twitter.com/Drife_official
Telegram: https://t.me/Drife_officialchat
Whitepage: https://www.drife.one/wp-content/uploads/2019/05/Drife-Whitepaper-v1.5.pdf
CONTACT: Phone: +44 20 3239 7766, +91 07821–257350
Email: info@drife.one

Author: Hoangbinmcc
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1330327
Tags: new-ico , platform

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