DAV- Revolutionizing Transport System through Blockchain

DAV Networks

The Decentralized Autonomous Vehicles (DAV) is an advanced computer network that connects autonomous vehicles to everyone in that network enabling them to discover, connect and transact using a token. The customers can pay for the use of one of the autonomous vehicles to hit a ride or deliver specified goods and services. The Owners of the autonomous vehicles can rent out their cars to the network and make extra easy income. The autonomous vehicles require charging creating the need to have several charging stations on the network and service providers as well whose responsibility is to charge these autonomous vehicles, wash them and ensure they are fully functional.

In order to have an efficient change from the current transportation network to a fully autonomous transportation network then an enormous network must be put in place. This organized autonomous Vehicle network requires to have a huge number of AV’s scattered out all around the target area. When these autonomous vehicles are not flying or driving around they need a parking area where they stay when not in business.

The establishment of the DAV network will create a platform for generating many other applications which fit different customer needs. This Network assembles participants in the transport industry so that it may pull together resources to work and obtain the standards and visions set for a global decentralized network. The blockchain technology embedded in DAV’s network will enable the achievement of a provable ledger of historical data from service providers and autonomous vehicles and users needed by insurers and third parties.

The main challenge (Why DAV is necessary)

At this era, many companies have begun experimenting with fleets of autonomous vehicles. Some examples include Domino’s pizza delivery robots and Waymo’s autonomous taxi’s which are leading the way into a fully autonomous transportation system. Many organizations concentrate their investment on software development to come up with a fully self-driven that address problem related to localization and decision making,
Monopolization and minimized economic benefits reduce the speed of launching of transformative technologies subsequent absorption into the market because the main users of the network are occupied dominating their own isolated networks and not generating a collaborative environment that is more stable and has the capability of more diverse use cases in the end result.
Failure to obtain proper motivation to collaborate across various value chains strangles the speed of development in that area. An open-source platform that is inclusive formulates economic motivation for a number of participants to join the network.

Solution through DAV networks

Through open-sourcing the DAV technology stack, and decentralizing protocols on the basis of mission flow and pavements available through a modular UI, DAV makes it possible to have the collaboration to achieve these process. New users can join the ecosystem, creating a distributed value. A decentralized open source network is capable of ensuring the participants are permitted to respond to poorly filled market needs.

Transportation Network

The advantage of open sourcing network technology is that it drives invention to the allowing more users to control over course of innovation and eventually powering creativity. The rolling out of the DAV networks created room for the development of other applications and innovations as the centralized autonomous system just like the internet brought new innovations into existence.
Drones, cars and even trucks are some of the autonomous systems that will soon join the mainstream. The DAV network is developed behind a stack of technologies to make it real by enabling correct co-operation between autonomous vehicles, service providers, and the users.

The DAV Token

The Decentralized Autonomous Vehicle networks visions for the future and building its platform requires funding, therefore, DAV rolled out its token sale to start on date 11th June 2018 and end on 25th June 2018. The hard cup target is $38 million USD. During this time the organization restricts its token sale to individuals physically in the jurisdiction area of the US or China from participating in their token sale. The following summarizes everything about the token sale:

Token symbol DAV
Token sale Hard cup 54286EHT
Token Sale Target Capped 708,571,429 DAV
Token Sale Start- date June 11 2018 at 13.00 GMT
Token Sale end date June 25 2018 at 13.00 GMT
Token Price 1ETH= 10,000DAV
Minimum Purchase Amount 0.2 ETH
Maximum Purchase Amount 150 ETH
Tokens can be purchased with ETH

This time round the company is using an EHTH based hard cap in the place of a USD based one. This transformation aims at improving transparency and collaboration to work with one union throughout the sale season to reduce confusion that comes with volatile USD/ETH ratio. The recent USD/ETH ratio is set at $700 USD for every ETH which accumulated to 54,286 ETH which is the hard cap ($ 38M).

Conducting a pre-sale for the DAV token is one of the mandatory things the company is going to be compelled to undertake to ensure long life and stability of its platform. The initial soft cap was actually attained and the company plans to proceed with the project no matter the outcome of the Main Token Sale. The company focuses on finding suppliers who can help aid fund the project and ensure the attainment of its visions and aims through formation of partnerships, exposing it to potential customers and advocating for it. The following is a brief explanation of how the funds are to be used:
45% Research and development
15% marketing and business development
20% Expansion & operations
10% General and administrative
10% Legal and Compliance

Why you should invest in DAV

The current transportation system in the world is facing lots of challenges and this team is providing practical solutions through DAV. DAV is focused on the future and it is coming in a perfect time where huge companies and institutions are starting to embrace autonomous vehicles in the management of different parts of their businesses.
The team has also made this project to be open source, which is great since it shows that the team is open minded and anyone around the world can add great value to this project which would, in turn, speed up development of products.
The team managing and developing this project is also amazing, comprising of highly experienced individuals with expertise in Autonomous cars, web applications, cryptocurrency, mobile applications, encryption, machine learning and many more.

Important Links

Website: https://dav.network/
WhitePaper: https://dav.network/whitepaper.pdf
Telegram: http://t.me/DAVNetwork
Medium: https://medium.com/davnetwork
Github: https://github.com/DAVFoundation
Facebook: https://www.facebook.com/DAVNetworkTeam
Twitter: https://twitter.com/DavNetwork
Bounty Thread: https://bitcointalk.org/index.php?topic=2619886.0

Blog by: Isaac Kimutai

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