DRIFE (DRF) ICO Review, Rating, Token Price

- 4:50 AM
DRIFE (DRF) ICO Review, Rating, Token Price
Rating
9.1/10

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.


Website MVP/Prototype

DRIFE (DRF) ICO Information

Name DRIFE : Nexgen decentralized ride hailing platform
Token DRF
Token Price 1 DRF = 0.25 USD
Token for Sale 162,500,000 DRF (50%)
Pre-Sale Date 12/01/2018 - 12/31/2018
Token Sale Date 01/01/2019 - 02/28/2019
Token Sale Closes [ ] from now
Country India
Review -

Documents


Whitepaper Lightpaper Terms of Use Privacy Policy




DRIFE is a completely decentralized ride-hailing platform powered by the EOS blockchain with the intent of empowering value creators within our ecosystem – these include the drivers, riders, and community developers. DRIFE plans to disrupt the existing business model and remove the corporate intermediaries involved in the transactions.


What we’ve created in the DRIFE ecosystem is 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.


DRIFE Ecosystem: Value Creators & Extractors

At the core of our ecosystem are our value creators (Drivers) and extractors (Riders) - we take good care of them:


A. Drivers: 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 'Rider' goes directly to the 'Driver’. We at DRIFE are determined to make an economy of Zero commission on rides, only annual Membership Fee from the driver which will give them access to DRIFE platform to get connected with the riders.


The platform fee can be paid in either DRIFE token or Fiat currency and will accrue annually, with the first year Membership Fee paid by the drivers acting as a security deposit. Drivers will be given equivalent DRIFE tokens, which is locked into the DRIFE platform as long as the Driver remains in the community. Anytime the driver wants to exit from the community, they will be free to liquidate their DRIFE token for themselves.


The second-year membership fee will give drivers access to DRIFE platform only with no DRF token equivalent given. Funds collected through membership fee will be used for pay day to day expenses to run the platform.


B. Riders: passengers receive special exclusive discounts (T&C applies) when DRIFE tokens are used to make payments for trips. Further, as incentives and bonuses when they behave appropriately during rides. More so, feedbacks on the driver, trips, overall DRIFE platform use, and network building are incentivized through the DRIFE token.


Other key participants in our ecosystem:


C. Developers*: a community of open-source developers are incentivized through bug bounties and for other potentially creative in-app developments that will user experience through UI interaction for both riders and drivers.


D. Investors*: it’s our desire that our product will have an indirect impact on adopters ‘outside’ our user ecosystem. This will include long-term investors, traders on both decentralized and centralized exchanges and all future potentials the DRIFE token will have as a result of interaction with our product and is adoptability. Incentives here will involve periodic airdrops, selfdrops, and air grabs. More so, staking rewards are competitive and far beneficial than what is currently obtainable on other decentralized projects.


In summary, our economic model encourages active participation from the community members towards the building and maintenance of the ecosystem.


Applying Blockchain technology in the local transportation or taxi industry is only a continuation of an evolution that has gone on for centuries. Everything is processed through dApps using smart contracts to establish trustlessness and each transaction becomes a part of the blockchain – an immutable record.

Token Info
Platform EOS
Type ERC20
Supply 325,000,000 DRF
Investment Info
Softcap 32,500,000 DRF
Hardcap 162,500,000 DRF
Accepting ETH
Whitelist / KYC Yes / Yes
Bonus Private Sale = 50%
Pre-Sale = 20%
ICO 1 = 15%
ICO 2 = 10%
Firdosh Sheikh

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

IT Infra Consultant



Mudit Marda

Lead Blockchain Developer



Abhilash Verkey

Marketing & Research



Emmanuele

Content & PR



Syed Adil Nawaz

Product Designer



Samarth jain

Legal & Compliance



Advisors
Giovanni Casagrande

Board Advisor



Abhishek Singh

Advisor



Q1 2018

Platform Idea

The idea of Decentralized Taxi
Conversion of idea into Business Plan
Community Development

Q2 2018

Design

Website launch
Listing of Drife to EOS index & other EOS projects
Social media profiles

Q3 2018

Preperation

Listing Drife
DRIFE Technical Architecture on EOS Blockchain

Q4 2018

ICO Preperation

Pre-sale
Demo version of Dapp
Drife campaign

Q1 2019

Pre Launch & Exchange Listing

Beta version of Dapp & Drife launch
Exchange Listings

Q2 2019

Launch

Drife to go live - Phase 1

Q3 2019

Phase 2 Launch

Drife to go live - Phase 2

Q4 2019

Phase 3 Launch

Drife to go live Phase 3

Q1 2020

Expansion

Growing Globally
Enhance Technology

Rating Distribution
Marketing 2.4
Team 2.0
Information 1.7
Product 2.0
Vision 1.0

Vertical widget :

DRIFE (DRF) ICO Review, Rating, Token Price
Get code for the widget :
<a href="https://www.portalsoho.com/2018/10/drife-drf-ico.html" target="_blank" title="DRIFE (DRF) ICO Review, Rating, Token Price">
<img src="https://2.bp.blogspot.com/-Xtq1SReQiLw/W9fhCIX1ymI/AAAAAAAAIT8/6J4eMWCDCachi2U03rvqYZFflCPfMkw8wCLcBGAs/s320/Vertical%2B-%2BICO%2BRating%2B91.png" width="150px" height="100%" alt="DRIFE (DRF) ICO Review, Rating, Token Price">
</a>

Square widget :

DRIFE (DRF) ICO Review, Rating, Token Price
Get code for the widget :
<a href="https://www.portalsoho.com/2018/10/drife-drf-ico.html" target="_blank" title="DRIFE (DRF) ICO Review, Rating, Token Price">
<img src="https://1.bp.blogspot.com/-r3fDtonax7I/W9fg1IBZjaI/AAAAAAAAIT4/WxZV1ps4CoQ7Bb6D2xqCqf-b-D5zWfJyQCLcBGAs/s320/Square%2B-%2BICO%2BRating%2B91.png" width="200px" height="100%" alt="DRIFE (DRF) ICO Review, Rating, Token Price">
</a>

Horizontal widget :

DRIFE (DRF) ICO Review, Rating, Token Price
Get code for the widget :
<a href="https://www.portalsoho.com/2018/10/drife-drf-ico.html" target="_blank" title="DRIFE (DRF) ICO Review, Rating, Token Price">
<img src="https://2.bp.blogspot.com/-0ik1LSHDl4s/W9fgd1Mu3qI/AAAAAAAAITw/CmjdSbzTXEgyFb-cAu6FSAu6Y2qeR32wwCLcBGAs/s320/Horizontal%2B-%2BICO%2BRating%2B91.png" width="300px" height="100%" alt="DRIFE (DRF) ICO Review, Rating, Token Price">
</a>

Disclaimer
PortalSoho.com does not encourage investing in any ICOs published on the platform. Make sure to do your own thorough research before putting money into Initial Coin Offerings. All content on PortalSoho.com is meant to be used for information purposes only, and should not be taken as financial or investment advice.
Author : Asrinur Bitcointalk
ETH (ERC-20) Address: 0x86Ad36da59310683CfE8C2c66e798D2e636413fF

Submit Public Comment Here
EmoticonEmoticon

 

Start typing and press Enter to search