The DRIFE platform aims to break the transport sector

DRIFE, a solution for centralized driving introduces the DRIFE platform, a decentralized transport ecosystem powered by the blockchain. The goal of DRIFE is to interrupt the existing business model in the ride ride and eliminate the company intermediaries involved in the transactions. It is also a system designed to enhance the creators of the value of the ecosystem that rides the world. In the emerging market of private transport services, these value creators include community drivers and developers.

Private transport platforms have created a new paradigm for the industry. Unlike the taxi industry, the type of customers has changed. The current obsolete taxi model has been a hot topic in Spain (still an unresolved conflict) and also in many other areas. The basic needs may not have changed, however, our specific needs do it.

Technology has created new emerging markets, new needs and therefore new niches. However, in this comparative framework, traditional taxi systems have just changed the way they operate. At the same time, valid alternatives have varied the model in a poor and insufficient way.

Advantages of the DRIFE platform compared to the current model

Taxi companies regulated by states or transport authorities have evolved very little. This made things difficult, the poor adaptation of the business model for all parts it is clear. This leads to various problems, earnings gains minimized under pressure, drivers suffering from rigid labor policies, and to top it all off, this adds to a slow and expensive bureaucracy. So we find several points to review.

In general, the main value creators in the transport service chain are often dtaken for granted which make the problem even more complex and complex.

DRIFE is focusing its efforts on changing the trend by creating a global standard service capable of restructuring the "ride ride" ecosystem within the transport sector. This is where the advantage of blockchain technology comes into play. Once introduced, it is able to interrupt the systems and restore the balance of the economic system.

Competition within the ecosystem may already be fierce as industry giants like Uber have a far-reaching market influence. However, the advantage of DRIFE falls heavily on its decentralized methodology and its governance structure based on blockchain technology, which should accelerate the goals of DRIFE once it enters the market.

The model proposed by the DRIFE platform

In the initial phase, one of the incentives introduced will play an important role. Nowadays, in many real world scenarios, drivers see their colleagues as direct competition. This breaks the collaborative relationships of the community, making its members weaker as a final result. Drivers in the DRIFE ecosystem receive incentives to introduce other drivers to the platform, thereby fostering service growth.

At the same time, it creates synergies for community building among drivers, an essential part of creating value and consensus. Because payments for the service on the platform are conducted via peer-to-peer (P2P), intermediaries are eliminated along with their unreasonable commissions.

This is by nature an improvement in the service, including social benefits. Better insurance associated with vehicles is a case of social utility (for all parties) and is only possible in a scenario where the driver can afford to pay. Allowing the driver, once again, translates into better service and better legal coverage for the parties.

As we read in the whitepaper, ride ride is essentially a cloud-based business. Unlike the traditional taxi industry, the successes of these platforms depend largely on user experiences (UX) and user interface design (UI). Two complementary elements that play an important role in every driving platform.

Drivers and passengers are two essential parts without which the business model would make no sense. However, everything works well thanks to the diligent efforts of the developers. This completes the circle. In a consolidated digital revolution, developers are fundamental to everything that happens "behind the scenes" materialized without affecting the final experience in a way that is conscious for the user. Everything on the platform should always work smoothly for end users.

 The importance of developers in the new digital age

The developers, on the DRIFE platform, have the potential to create useful structures within the application. This tends to improve driving experiences and, therefore, to optimize the ecosystem. Developers can also detect and correct errors, unfortunately, on the developer's side, this is often overlooked.

In a case where the development of applications of displacement / transport is outsourced, it's easy for developers to decide not to intrude. Sometimes, once the deadlines are met and the product is delivered, the relationship is imminently interrupted. In general, the fact is simply due to the lack of motivation.

The model of this project offers an incentive model for developers, which in turn amplifies their value within the value chain. This is one of the main advantages of the DRIFE platform: an inclusive model for all parties based on long-term vision.

The IEO token is now available with four bonus levels

In the case of the IEO token, the acquisition phases for the first investors are four. After completing the first phase of the four stipulated (private sale), the IEO token can be purchased now. It is currently in its second phase (presale).
The basic value set without bonus is $ 0,25. Those interested in participating receive a bonus of 20% (price of the IEO token during the aforementioned bonus, $ 0.20 / token) during the remaining period of the 2 phase; ending in early March, giving way to the next phase (1 Sale) on 10 March. During the 1 sale (third phase) the bonus period will be reduced by 5%. In this way, the 1 sale is subject to a + 15% bonus on the fixed base price. Finally, the last bonus period starts on April 10; during the last period (2 sale) the token acquisition will be rewarded with an additional 10%.
If you want to know the aspects of the project in a much more detailed way, we invite you to review the public documents on the DRIFE project. You can find much more extensive information, such as the distribution of funds collected in the white paper. Related market studies and all kinds of details are also available on their website.

Website & Official links - DRIFE (IEO)


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