DAV Network: Fueling a New Type of Blockchain Ecosystem

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As a company, DAV Network is working in the development of an open source platform to manage the world’s first decentralized network of vehicles on-demand so people can contract transportation services to get anywhere. The system is an open door to established brands as well as new players to offer a different type of service. Users will be able to locate cars registered in the system, and they’ll be able to rent the vehicle for a specific purpose or for a specific period. All the process will be handled using smart contracts built on the Ethereum Blockchain so every transaction will be open to auditing and everyone will get their earnings in the structured model of their choosing.

The Current State of the DAV Network

As of this moment, DAV is fully committed to making the platform and the token utility a success for users and investors alike. Their goal is to create a brand new infrastructure to handle the internet of transportation services and to expand the network of vehicles available to a worldwide setting. To make this happen the company is creating a series of conditions for early adopters to keep them engaged and in continuous interaction with the platform. So far most of them can manage their own regulations to work as autonomous agents within the ecosystem, but as local EDO’s from the DAV Network set shop in their countries, they’ll be able to collect financial rewards as well as other benefits yet to be announced.

How Rewards Will Work

Most of these reward programs will be handled using the DAV token utility. The instrument will be used to provide direct bounties to users and enthusiasts in all major cities around the world. The token is also the only mean to have access to the transportation systems designed by the company. Since services will be purchased with it and rewards will be handled with the token too, there will be also an option to exchange them for other currencies with certain limitations. The flow of transactions is meant to give a steady ground to a sustainable dynamic for transportation services that will keep things going to build the network of every city. The developing team will be ready to address the issues of this expansion as they come along.

How to Avoid Speculation within the DAV Network

DAV network is a firm believer that their token utility should be primarily used to fund the services provided by the company, and as such, they have designed a series of measures to avoid the speculation trend of most ICO’s out there. The first one is the offering by the DAV foundation to fund the incentive programs using DAV tokens that are dealt at market prices using the reserves allocated for this purpose. The other step is the embedding of the reward tokens with a special line of code offering a list of specific ids before distribution. That way every reward will be localized and distributed within the network of each city keeping the engagement of each location active with their local set of rewards.

These are some of the steps taken by the DAV Network foundation in the large scheme of a plan that is looking to expand all over the world. To learn more about it, you can visit https://dav.network/.