DRIFE
Drife is a decentralized ride-hailing platform with the intent of empowering the value creators and extractors within its ecosystem – the platform drivers and riders. Drife aspires to disrupt the existing business model and to create a fairer, more efficient and transparent ride-hailing economy and transportation marketplace.


DRIFE IEO
The project is not to disclose the data on the current fundraising campaign
05.10.2019 - 20.10.2019
Goal $1 000 000
Buy tokens
Current DRF price
0.25$
Min purchase
10$
EN
Discounts & bonuses

Round 1 - 40% bonus from 05.10.2019 to 09.10.2019
Round 2 - 25% bonus from 16.10.2019 to 20.10.2019
Project Overview
Project Overview
Project description
Our journey, at DRIFE, began by underscoring the need to evaluate diver's incentive to create a more personalized economy and be incentivized to uphold the sanctity of the ride-hailing ecosystem. Our product in no way undermines the need to circumvent the obstacles of a bureaucratic world, however, our solution in its own way creates an organic system for the ride-hailing industry to thrive well on the internet 3.0 economy and beyond.

DRIFE is a 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.

Our aim is to eliminate excessive transaction fees, reduce censorship (reduce interference from DRIFE side) and redistribute value back to the community, enhance transparency

A zero-commission structure leads to better incomes for drivers, who, in turn, can pass on some of these benefits to the riders who save on commuting costs. So the DRIFE platform eventually becomes a platform that provides high incomes to drivers and economic incentives (in the form of savings) to riders as well.


Tokenomics
Token usage & ecosystem

DRF will be used as the main payment method by users for subscriptions and payments for rides taken. Subscription prices on DRIFE Platform will be denominated in USD$ and not DRF. Drivers and Riders can buy DRF tokens and then spend them for trips they take on DRIFE Platform. The total number of tokens a user will get at the time of purchase will depend on the DRF coin market price.

Additionally, a token holder can stake their DRF to earn incentives and Lend DRF to others and earn interest on their lending

We, at DRIFE, aim to encourage more and more DRF token usage to stabilize our token price. With this, we also want to create an economy for DRF tokens where it can be accepted as a mode of payment in any part of the world.

Tokenomics
Launchpad Hard Cap
NA
Total Token Supply
325 000 000 DRF
Public Sale Token Price
0.25 USD (price in ETH will be determined on the 1st day of the IEO)
Launchpad Allocation
6 500 000 DRF
Token Type
ERC20
Token Distribution
TBA
Use of funds
35%
Software development
30%
Marketing and operation
20%
Sales and growth
15%
General and administrative expenses
Team & Key Advisors
Firdosh Sheikh
Founder
Surya Ranjith
CO-Founder
Syed Adil Nawaz
Debraj Ghosh
Mudit Marda
Emmanuele
Jitendra Rathod
Wadad Kafka
Team
Partners
SHORTEX does not provide financial advice and cannot guarantee that the value of DRF will increase after the crowdsale. The price of DRF is entirely determined by the people buying and selling it.

SHORTEX mission is to connect contributors with entrepreneurs. Contributing via tokens could be a great way to build a better future while involves high risk of loosing contribution value.

SHORTEX does not give any investment, legal, tax, financial advice or warranty of token price performance or successful fundraising. Information on this webpage is presented by a project and is not endorsed or verified by SHORTEX unless it is explicitly stated.

SHORTEX does not give any investment, legal, tax, financial advice or warranty of token price performance or successful fundraising. Information on this webpage is presented by a project and is not endorsed or verified by SHORTEX unless it is explicitly stated.
COMPANY
PRODUCTS
LEGAL
CONTACTS
Record group limited, Samoa
Primary payments provider: Crypto Trading Services OÜ, Mustamäe linnaosa, Laki tn 30, 12915, Harju maakond, Tallinn, Estonia
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