Drife: the blockchain-based taxi 3.0 service that comes to empower passengers and drivers
Drife will create a completely transparent auditable and immutable transaction ledger
Drife is a unique blockchain-powered decentralized transportation platform, which will empower both drivers and passengers.
Known as a decentralized “Taxi 3.0” service, the firm strives to disrupt prevailing business models and create a more equitable, efficient and transparent passenger transport economy alongside a decentralized mobility market.
With these goals in mind, Drife comes equipped with several user and consumer friendly innovations to support its quest for market transcendence.
In doing so, the project will disrupt existing business models and eliminate corporate intermediaries involved in transactions.
The shared transportation platform created a new paradigm for the shared transportation industry, being the first platform in this niche to express all the characteristics of the decentralized transportation economy.
Drife is the solution to the problem
Today, ride aggregators such as Uber, Lyft, and China Didi ChuXing are considered to be at the forefront of the market.
Their services offer excellent improvements over old systems, which is manifested in the overwhelming capital invested in the speculative potential of these businesses.
But despite advances in user accessibility and affordability, these business models still have fundamental flaws.
The most significant is the inability of these companies to make a profit and the inadequate pay structure provided to drivers. And this is something that Drife comes to solve.
The firm solves the shortcomings of the aforementioned services through a total restructuring of the economic model.
The change includes the elimination of commissions in exchange for subscriptions, the implementation of market-dictated pricing, and blockchain-enhanced cost optimization.
All of which serves to put more money in the driver’s hands and get less cash out of passenger pockets.
Overall, your approach creates an economic income structure that is conducive to growth, profit, and choice for everyone involved.
Drife is revolutionizing the transportation ecosystem , making it more fair and transparent in a way that will appeal to the mainstream both inside and outside of cryptocurrencies.
And it is that the platform will interrupt existing business models and eliminate corporate intermediaries involved in transactions.
The shared transport firm has created a new paradigm for the transport industry, after being the first platform in this niche that expresses all the characteristics of the decentralized transport economy.
In addition, DRIFE has opened talks with El Salvador to start operations there. The company plans to be the first Bitcoin Taxi on the blockchain to further support the progress that is happening in the Central American nation.
— Drife (@Drife_official) August 1, 2021
How does Drife solve these problems?
Existing models lack many of the features that DRIFE will incorporate into our platform.
An example of this is that prices have been increasing for a long time and today a taxi service can charge up to 25% commission . Passengers and drivers have been looking for alternatives.
However, thanks to the blockchain, Drife will create a completely transparent auditable and immutable transaction ledger with a friendly user interface to access all the data of the fee payment details.
Another clear problem in the industry is demonstrated by reports of incidents in which the driver and passenger have committed actual physical abuse.
Drife customers will be able to view the full details of the driver, including comments from other passengers, as well as the experience of the trip, which will be stored in the distributed ledger.
The mobile application will incorporate a unique ‘SOS’ call function for any emergency situation.
Also, centralization will no longer be a problem. And it is that recently there has been a lot of exploitation of commissions and violations of personal data, associated with the risk of identity theft, due to this problem.
Drife addresses this issue with a unique system in which driver revenue, passenger fare, and total commission are transparently stored. Making sure the latest cyber security systems are in place to protect your customers’ data.
The DRF token
The DRF token, an asset based on the Ethereum blockchain, is the native cryptocurrency of the DRIFE platform.
Forex integration is focused on providing the maximum possible benefit to drivers, owners and users alike.
With an initial circulating supply of 69.2 million units, the DRF will have a series of profits ranging from rewards for stakes, to governance within the platform.
And these are the functions of the token:
- Staking Rewards: As part of the revenue sharing program, individual franchises can be staked out of the DRF on a global scale, providing the opportunity to increase your stake rewards by researching the most lucrative location.
- Ownership Stake: One of the most exciting features of the DRF token is the opportunity for players to own their own Drife Franchise. Franchises are issued in NFT format to validate ownership. Franchise properties go to the highest punters in a given geographic location.
- Governance: This gives DRF holders the opportunity to vote on the direction of Drife. Thus, incumbents can create proposals and push for them to be implemented through the governance ecosystem.
- Revenue Sharing and Discounts: Passengers and drivers share the opportunity to earn rewards for specific tasks that provide passengers with discounts and additional income to drivers. These incentives are issued from referrals, bug searches, travel streaks, ratings and reviews, surveys, and more. Overall, this system encourages loyalty, consistency, and performance.
The Drife IDO
The platform announced an IDO, Initial Offer in DEX, which will take place from next August 6 at 11 am UTC on the Apollox platform.
In the event, the token will cost $ 0.0125 and the distribution will take place on the same August 6, hours after the IDO started at 3 pm UTC.
Do you want more information? Visit to Drife.
IDO on Apollox: https://apollox.paidnetwork.com/project/drife
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Disclaimer: This press release is for informational purposes only, the information does not constitute investment advice or an offer to invest. The opinions expressed in this article are those of the author and do not necessarily represent the views of CriptomonedaseICO, and should not be attributed to CriptomonedaseICO.
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