DRIFE- is a decentralized nexgen platform

andrian11 (29)in #blockchain • 6 years ago

What is DRIFE
DRIFE is a decentralized navigation platform that is supported by the blockchain with the intention of empowering value creators in our ecosystem - this includes drivers, commuters, and community developers. DRIFE plans to disrupt the existing business model and remove the brokerage companies involved in the transaction. Our travel platform has created a new paradigm for the passenger transportation industry. We are the first platform in this niche to express the full features of a decentralized travel economy. With the power of Blockchain technology, the DRIFE platform seeks to bring a new paradigm to the scrambling platform and solve problems that emerge from the current centralized business model.

Why DRIFE
In less than a decade, more than 1,600 cryptocurrency platforms are built on the premise of blockchain technology now in existence. New startup companies, great innovative technology, and scalability features that are upgraded from the original blockchain have created admiration. However, more than 90% of these projects do not have practical applications or utilities. Most of them are created as sub-chains or sidechains that utilize the power of a more efficient system. Despite the opportunities provided by the blockchain company, adoption for most of these platforms is still far from reach because: "There are not many cases of real-world use that are completely disrupted"

Main component
Look at the four main DRIFE components that make this project stand out.

No
DRIFE Commission aims to shift the focus from the existing commission-based platform to a decentralized network with a new economic model, where 100% of the costs paid by 'commuters' go directly to 'Drivers'.

Providing incentives to the DRIFE Social Platform provides additional incentives for network users who contribute to improving the platform through social interaction and network development.

The
DRIFE Government believes in the democratic involvement of network participants in financial and operational decision making for the platform.

Security
DRIFE respects the safety of commuters and strives to carry out several security checks on the driver before on-boarding and during service. DRIFE also provides infrastructure to broadcast emergency SOS signals within the community to request assistance.

Forecast Allocation Forecast

Our Tokenomics
Tokens token, DRF is a utility token that also functions as
a currency in our platform. This will be used to make
payment trips , access loyalty prizes and stake out our
platform functions .
• Blockchain Types: EOS
• ICO Token Type: ETH ERC-20 Compliant Tokens
• Token Symbols: DRF
• Total supply: 325 Million DRF tokens
• Economic model: 1-3% annual inflation
(depending on community decision making)
• White List : Yes
• KYC: Yes

The ICO
Token DRF model will be set at a value of $ 0.25 USD
50% from the supply of tokens at ICO for sale: 162,500,000 DRF
Soft cap: 32,500,000 DRF (20%).
Hard cap: 162,500,000 DRF (100%)
After ICO this utility token is not only limited to
services but also sold on the stock.
Driver and driver bonus tokens are to encourage loyalty from DRIFE customers, this will be distributed in the form of free miles to early DRIFE APP users to depart, and this is given to drivers and drivers to add new people to their network.

SALE TOKEN WILL HAPPEN IN THREE STAGES:
Presale: 20% Discount Rate
Total Number of DRF to be sold => 32.5 Million
——————————–
Main ICO I: -15% Discount Rate
Total Amount of DRF to be sold => 65 Million
——————————–
Main ICO II: -10% Discount Rate
Total Amount of DRF to be Sold => 65 Million
——————————–
Allocation of Tokens
Overall, 325,000,000 tokens will be released. The hard cover of the
token sold is 60%. The remaining 50% of the total
token will be divided between Private sales (10%) Social
Incentives (10%), Pond development (5%), Team members (5%)
Founders (10%), Gifts and Airdrop (3% ), Referrals, Prizes
and Bonus-5%, Advisor (2%)

Distribution of Funds
All funds donated as part of pre-sales will be used for the
development, testing and release of Minimum Eligible Products
(MVP). Furthermore, these funds will be used to support
community development campaigns.
Funds donated as part of the ICO will be spent to launch
the latest version of
adoption platforms and mainstream . Areas where ICO funds will be spent include
product upgrades (including bug bounties), 3rd party
audits, testing, marketing, and backup for all possible
possibilities. Breaking down the funds to be spent on
each area can be seen in the chart given on the left.