DRIFE is a Decentralized Ride-hailing Platform Powered by Blockchain

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.

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”

PROBLEMS & SOLUTIONS

Problem

1. Unsustainable Driver Income
   Existing aggregators incresed their commissions to 20-30% of the trip value from an initial range of 15-18%. Some drivers end up losing money after insurance, maintenance, and other cost
2. Lack of loyalty From Riders
   Surge factors : the prices per taxi ride for hailing a taxy has became more expensive.
   Bad service reputation: recently, there have been reported case of nomerous abuses of privileges and rights
3. Lack Of 3-Way Incentivized Economy ( Drivers, Developers and Riders)
4. Centralization
   Namely explotation in the name of commission, data breach and high level of goverment control to a central authority

Solution

1. Sustainable Driver Income
   Drivers are givenincentives to introduce new drivers to the drive platform which will in turn help to form a social community of drivers, owned by the drivers theselves.
2. Transparency
   Drivers will be storing data on EOS blockchain, which will include all the information about the journey.
3. Badge Of Honor
   Drive brings in an innovative and holistic approach to gauge the services provided by drivers and reward them accordingly
4. Decentralized Platform
   With the power of blockchain technology, the Drives platform strives to bring a new paradigm to the ride sharing scenario and solve the horde of issues that have emerged from the current model

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.

DETAILS OF ICO TOKENS

Offered Tokens

163 m
Soft Cap (Public ICO)
DRF 4 Jt
Hard Cap
DRF 39 million
Private Sales20 October 2018
50% $ 0.13 / token
Pre-Sales10 December 2018
20% Bonus $ 0.20 / token
ICO-Sale January 11 2019
15% Bonus $ 0.21 / token
ICO-Sale February 21 2019
10% bonus $ 0.23 / token

FUND ALLOCATION DISTRIBUTION

Public Sales ICO50% Personal Sales ICO10% 10% Founder10% Social Incentives5% Team Vesting5% Development3% Bounty & Airdrops5% Referrals & Prizes2% Advisors

ROADMAP

Q1–2018
Platform Ideas
Idea of Decentralization Taxis Convert ideas into Community Development Business Plans

Q2–2018
Design
Launching of the websiteRegister to EOS index index & other EOS projectsSocial media profile

Q3–2018
Preparation
Recording the DRIFE Technical Architecture Activation on the EOS Blockchain

Q4–2018
ICO Preperation
Pre-sale Demo version of DappKampanye Drife

Q1–2019
Register for Initial Launch & Exchange
The beta version of the launch of Dapp & DrifeDaftar Exchange

Q2 2019
Launch
Drife to air — Phase 1

Q3–2019
Launch Phase 2
Drife to go live — Stage 2

Q4–2019
Launch Stage 3
Desiring to immediately undergo Phase 3

Q1–2020
Expansion
Growing Globally Enhancing Technology.

TEAM

Shaykh Firdosh
Co-Founder & CEO
Surya Ranjith
Co-Founder & CFO
Abhijit Roy
CTO & Architect
Mario Pacudan
Chief Marketing Officer
Arpit Sharma
Chief Operating Officer
Andrew Willis
Chief Strategy Officer
Debraj Ghosh
Infra IT Consultant
Mudit Marda
Blockchain Lead Developer
Abhilash Verkey
Marketing research
Emmanuele
Content & PR
Syed Adil Nawaz
Product designer
Samarth Jain
Law & Compliance
Advisory Board
Giovanni Casagrande
Council Advisor
Abhishek Singh
Advisor

More information:

Web: http://drife.one/
Facebook https://www.facebook.com/drife.official
Twitter: https://twitter.com/Drife_official
Lightpaper: https://www.drife.one/wp-content/uploads/2018/10/Drife-Lightpaper.pdf
Telegram: https://t.me/drife_official
Medium: https://medium.com/@drife_official
ANN: https://bitcointalk.org/index.php?topic=5076512
Bounty: https://bitcointalk.org/index.php?topic=5127965.0

Author: Ahmad Hidayat
Bitcointalk Username: ahmadhidayat27
Telegram: https://t.me/ahmad_hidayat27
Bitcointalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=1125575
ETH Address: 0x95afD6422538c5c9AbF6C7fF4Ec5c45281bD545B