Why DRIFE - a decentralized ride-hailing platform

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.



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: Our ride-hailing platform has created a new paradigm for the ride-hailing industry.

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.



ICO Details

  • 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 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.

The team



ADVISORS



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

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