Cryptocurrencies

The DRIFE platform enters the sector

Drife.one presents the DRIFE platform, a decentralized transportation ecosystem powered by blockchain. The team behind it describes it as “intended to empower the ecosystem’s value creators.”

Obviously in the emerging sector of private transport services, these creators are: drivers, travelers / passengers and community developers. DRIFE plans to disrupt the existing business model and eliminate corporate intermediaries involved in transactions. Private transport platforms have created a new paradigm for the industry of the sector. Competing to lead the industry after its launch will be a challenge to watch. Uber would be an example of a giant to compete against.

Unlike the taxi industry, the type of customer (us) has changed. The current outdated taxi model has been a hot topic in Spain (still in unresolved conflict) and many other areas. Basic needs may not have changed; however our specific needs do. Technology has created new markets, new needs and therefore new niches. However, in this comparative framework, traditional taxi systems have hardly changed their way of operating; at the same time, the viable alternatives have varied the model in a scant, insufficient way. Prioritizing the centralization of the service and profitability. DRIFE joins a series of launches dedicated to solving this new global scenario.

Advantages of the DRIFE platform over the current model

Taxi companies regulated by states or transportation authorities have evolved little. This has made things difficult, the poor adaptation of the business model in favor of all parties is evident. This leads to various problems, minimized income gains under pressure, drivers suffering from strict employment policies… all this added to a slow and costly bureaucracy to verify. Thus we find several points to review that are perpetuated.

Generally and as a mistake, it is often taken for granted that a few pay for the problem. However, the problem is socialized and the solutions do not arrive; therefore the snowball grows and time continues to pass. Laziness can and does lead to: situations of labor exploitation, precarious wages and accelerated impoverishment of the service. And start over.

Interrupting this negative cycle in the form of a loop is not easy and requires a great infrastructure. DRIFE has focused all its efforts on changing the trend; in creating a global service capable of generating a disruptive scenario. That is the advantage of Blockchain technology if it is applied properly, decentralizing power and responsibility; without losing confidence.

The model proposed by the DRIFE platform

In the initial stage one of the introduced incentives will play an important role. Today, in many real world scenarios, drivers see their own colleagues as direct competition. This breaks collaborative community relationships, disempowering its members as a final result. Drivers at DRIFE receive incentives for introducing other drivers to the platform; fostering the growth of the service.

At the same time, it generates collaborative community synergies between drivers, an essential part for creating value and consensus. This facilitates their decentralized empowerment, distributing a more scaled service. Since the payment for the service is p2p, the intermediary and its unnecessary commissions are eliminated; again, in favor of all the parties involved, taking care of their stability and value creation.

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

As well pointed out in the Drife.one White Paper, trucking is essentially a cloud-based business. Unlike the traditional taxi industry, the successes of these platforms are highly dependent on user experiences (UX) and user interface (UI) design. Two individual elements that support each other to a great extent.

Drivers and passengers are two essential parts without which the business model would not make sense. However, everything works thanks to the great work of the developers; this completes the circle. In a consolidated digital revolution, developers are vital to ensure that everything that happens “behind the scenes” materializes without consciously influencing the final experience for the user. Everything must work even if not everyone knows why.

The importance of developers in the new digital age

Developers on the DRIFE platform have the potential to create useful installations within the application. This serves to optimize the ecosystem; and therefore also improve when driving experiences are required. Developers can also detect and fix bugs, sadly the developers side of the equation is often overlooked.

In a case where the development of commuting / transport applications is outsourced, it is easy for developers to decide not to meddle; sometimes, once the deadlines have been met and the product is delivered, the relationship is cut off imminently. Usually the fact is simply due to lack of motivation.

The model of this project offers an inclusive, dignified and relevant role for developers. This detail can be a great point in favor of DRIFE; offer an inclusive model for all parties based on a long-term vision.

The IEO token is now available with four bonus periods

In the case of the IEO token, the acquisition stages for early investors are four. After completing the first phase of the four stipulated (The Private Sale), the IEO token can now be acquired. At this moment it is in its second stage (presale).

The fixed base value without bonuses is $ 0.25. Those interested in participating, get a 20% bonus (IEO token price during said bonus, $ 0.20 / token) for the remaining period of phase 2; which ends at the beginning of March, giving way to the next phase (Sale 1) on March 10. During sale 1 (third phase) the bonus period will be reduced by 5 percentage points. In this way, sale 1 is subject to a + 15% discount on the fixed base price. Finally, the last bonus period begins on April 10; During the last period (sale 2) the acquisition of tokens will be rewarded with an extra 10%.

If you want to know the aspects of the project in much more detail, we invite you to review the public documents about the DRIFE project. You can find much more extensive information such as the distribution of the funds raised in the Whitepaper. Related market studies and all kinds of details on their website.

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Robert Sole

Director of Contents and Writing of this same website, technician in renewable energy generation systems and low voltage electrical technician. I work in front of a PC, in my free time I am in front of a PC and when I leave the house I am glued to the screen of my smartphone. Every morning when I wake up I walk across the Stargate to make some coffee and start watching YouTube videos. I once saw a dragon ... or was it a Dragonite?

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