DRIFE is a nexgen decentralized ride hailing platform

0 119

Today it is practically difficult to find a zone where cryptocurrency will not come. The prevalence of cryptocurrency makes us consider ways and progress that will guarantee their openness to ordinary people. Organizing DRIFE is really seen as a decentralized growth and protecting crypto assets for everyone, and we believe that DRIFE can strengthen it with a right and reliable framework. DRIFE is a decentralized ride-hailing platform powered by blockchain with the intent of empowering both, the drivers and commuters.

What is DRIFE & How it works?
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.

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”

Major Components Take a glance at the four major components of DRIFE that makes the project stand out.

  1. 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’.
  2. Incentivize Social Platform
    DRIFE provides additional incentives to its network users contributing towards the platform’s betterment through social interaction and network building.
  3. Governance
    DRIFE believes in a democratic engagement of network participants towards financial and operational decision making for the platform.
  4. Safety
    DRIFE values the safety of the commuters and endeavors 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.

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 for ride-hailing systems, and returns all revenue back to the community where it belongs.

ICO Tokens Details:

  1. Tokens Offered 162.5M
  2. Soft Cap (Public ICO) DRF 32.5M
  3. Hard Cap DRF 162.5 million
  4. Private Sale Live 50% $0.13/token
  5. IEO Pre-Sale 25th of Feb 2019 20% Bonus $0.20/token
  6. IEO-Sale 1 10th of March 2019 15% Bonus $0.21/token
  7. IEO-Sale 2 10th of April 2019 10% Bonus $0.23/token

Token Allocation Forecast:

  1. Product Development 30%
  2. Marketing 25%
  3. Legal 15%
  4. Operations & Offices 25%
  5. Reserve 5%

The 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

The Advisory Board
-Ian Scarffe Advisor
-Mickael Damour Advisor
-Anthony Abunassar Advisor
-Rick Floyd Advisor
-Giovanni Casagrande Board Advisor
-Akshay Bhagchandani Investor Relations
-Shameer Thaha Advisor
-Mallikarjuna Naidu Investor Relations

Built over the EOS Blockchain, our architecture leverages three unique properties of the parent chain:

Website | Medium | Facebook | Twitter | Telegram | Lightpaper| ANN


  1. BTC name: danilelsi
  2. BTC link profile: https://bitcointalk.org/index.php?action=profile;u=2562904;sa=summary
  3. Eth address: 0x1f235A06D30d30F59a17FB0244937158e9Ed721E

You might also like

Pin It on Pinterest

Share This

Share this post with your friends!

WhatsApp chat