The overall transport industry is correct presently making at a snappy pace. There was no uncommon case and the market for private road transport, because these days, people are dynamically voyaging and require splendid taxi organizations, available at whatever point and wherever on the planet. As shown by the most modest examinations, today the world taxi feature is evaluated at 108 billion dollars and according to pros' figures, by 2025 it will create to 230 billion dollars. This is a monstrous market and it is thus not astounding that various associations are exhibiting excitement for it. The DRIFE adventure gathering, which offers organizations to the decentralized ride-out stage, was no exclusion.
Ride-hailing
Ridehayling (from the English. Ride-hailing) is a thought that incorporates the use of various organizations that work online through applications, consistently adaptable, with the ultimate objective to call a vehicle to move beginning with one place then onto the following. A not too bad model would be Uber, which empowers its customers to consider a taxi through the application or plan a trek early.
As opposed to the taxi business, which has a foundation set apart by a century, ridehayling is an astoundingly young thought. However, starting at now, ridehayling has a sensible favored point of view as cutting edge propels, and moreover gives the driver motivation for financial opportunity.
However, the DRIFE adventure went considerably further and allows to deal with decentralized road riding - drivers can contact customers particularly, avoiding associations that go about as center individuals, in this manner taking the whole advantage to themselves, as opposed to offering it to someone else.
What is the DRIFE?
DRIFE is a decentralized ride-hailing stage energized by blockchain with the objective of empowering worth creators and extractors inside our natural framework – these join the drivers, Commuters, and fashioners organize. DRIFE needs to disturb the current arrangement of activity and clear the corporate arbiters related with the trades.
Their ride-hailing stage has made another perspective for the ride-hailing industry. Their are the primary stage in this claim to fame to express the full features of the decentralized ridehailing economy.
DRIFE thought
DRIFE is a totally decentralized riding-arrange subject to the EOS blockchain to develop openings in our natural framework. This fuses drivers, explorers and stage engineers. DRIFE expects to break the current arrangement of activity in the market and surrender corporate go-betweens.
The essential great conditions of DRIFE over contenders:
Zero commission - DRIFE will make a decentralized budgetary model in which 100% of portions from explorers go particularly to the driver. There will be only a yearly participation for drivers, giving relentless access to the DRIFE organize. The participation cost can be paid in DRIFE tokens or in Fiat and will be charged each year. For this circumstance, the cost for the essential year of using the stage will be considered as a store, and drivers will get a relative in DRIFE tokens, which will be blocked while the driver is a person from the stage. If for no good reason the driver needs to leave the stage, he will be completely permitted to get his tokens.
The course of action of helpers for explorers - voyagers get one of a kind particular refunds if they use DRIFE tokens to pay for development.
Decentralization will get rid of any center individuals in the transportation structure, which hence will decrease the cost of development and addition the advantages of drivers.
Full straightforwardness - the introduction of the blockchain advancement reliant on EOS thinks about aggregate straightforwardness of assessments and calculations, and likewise empowers you to store all information about excursions, unequivocal information about the driver and contribution from voyagers about the treks and drivers.
Safety - DRIFE considers the prosperity of its voyagers, so the most stringent rules and checks for drivers will be executed before they can work with the stage.
The GETmodelwillensure that community is well incentivized to buildthe ecosystemfor the nextgeneration ride-hailingplatform.
Governance
Every nation has their laws/rules written on the constitution. Any change to the constitution can only be done by the representatives elected by the citizens. DRIFE believes in a democratic voting mechanism depending on the number of tokens staked at that moment. More the tokens staked, higher is the weightage of voting. This is followed during any decision-making. The voting should not be influenced by any campaigning like activities for a decision, violating the constitution's laws.
Economics
It encourages active participation from the community members towards contribution by incentivizing them proportionately. Monetary interest would keep the drivers active all the time. For a driver, the incentive (in DRF token) is additional to the fare-per-ride. On the other side, the rider shall pay the fare either in DRF token or other token/currency. If the fare-payment is done in DRF token, then the incentive (in DRF token) is rewarded based on the rider’s behavior for that ride. DRIFE-Economics has token-allocation program to incentivize the discussions among the drivers and passengers on social platform for lifetime. This would help in bettering the platform through highlighting the flaws and finding a good solution relatively.
Technology
It plays the role of an infrastructure available for drivers and Commuters to exchange rides. And Blockchain is the medium to achieve decentralization on DRIFE platform. All forms of request are executed through different contracts like payment, ride-access. As the platform scales among users in the market, there is going to be huge amount of data generated, stored on EOS. The need of recommendation would grow rapidly which can be handled very easily using Artificial Intelligence (AI), Machine Learning (ML) models. Eventually, DRIFE would be an amalgamation of Blockchain and AI technologies.
ICO Model
DRF tokens will be pegged at the value of $0.25 USD
50% of token supply in ICO for sale: 162,500,000 DRF
Soft cap: 32,500,000 DRF (20%).
Hard cap: 162,500,000 DRF (100%)
After the ICO these utility tokens are not just restricted for services but also sold on exchanges.
The Driver and rider bonus tokens are to encourage loyalty from DRIFE customers, this will be distributed in form of free miles to the early adopter of DRIFE APP for commuting, and this is given to both rider and drivers for adding new people to their network.
TOKEN SALE WILL OCCUR IN THREE STAGES:
Presale: Discount Rate-20%
Total No. of DRF to be sold => 32.5 Million
Main ICO I: Discount Rate-15%
Total No. of DRF to be sold => 65 Million
Main ICO II: Discount Rate-10%
Total No. of DRF to be sold => 65 Million
Token Sale: https://www.drife.one/
Token Allocation
Overall, 325,000,000 tokens will be released. 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%, Advisory (2%)
Fund Distribution
All funds contributed as part of the pre-sale will be used for development, testing and release of Minimum Viable Product (MVP). Furthermore, these funds will be used to support community building campaigns.
Funds contributed as part of ICO will be spent on rolling out the final version of the platform and its mainstream adoption. Areas on which ICO funds will be spent include product enhancements (including bug bounties), 3rd party audits, testing, marketing and reserves for any possible contingencies. Break down of funds that will be spent on each area can be seen in the given chart to the left.
TOKEN INFORMATION
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 platform. After the ICO these utility tokens are not just restricted for services but also sold on exchanges. The Driver and commuters bonus tokens are to encourage loyalty from DRIFE customers, this will be distributed in form of free miles to the early adopter of DRIFE APP for commuting, and this is given to both commuters and drivers for adding new people to their network.
For more information, you can visit the links below
Web: http://drife.one/
Telegram: https://t.me/Drife_officialchat
Twitter: https://twitter.com/Drife_official
Medium: https://medium.com/@drife_official
Facebook: https://www.facebook.com/drife.official
ANN: https://bitcointalk.org/index.php?topic=5027608.0
Linkedin: https://www.linkedin.com/company/drifeofficial/
Youtube: https://www.youtube.com/channel/UC6hDbqlihawJTGlmYa4P2Tg
Whitepaper: https://www.drife.one/wp-content/uploads/2018/10/Drife-Whitepaper-v1.0.pdf
BitcoinTalk : https://bitcointalk.org/index.php?action=profile;u=2150357