Drife (DRF)

Decentralized Ride Hailing Platform

Review Score
4.42/5
ICO Price
0.25 USD
Pre ICO Price
0.2 USD
Soft Cap
32500000
Hard Cap
162500000
Pre ICO Start Date
25 February 2019
Pre ICO End Date
9 March 2019
Start Date
10 March 2019
End Date
31 May 2019

What is Drife?

 

Why DRIFE

In less than a decade, over 1600+ cryptocurrency platforms built on the premise of the blockchain technology now exist. New startup enterprises, great innovative technologies, and improved scalability features from the original blockchain have elicited awe. However, more than 90% of these projects lack practical application or utility. Most of them are created as sub-chains or sidechains leveraging the power of more efficient systems. Despite the opportunities being accorded by the blockchain enterprise, adoption for most of these platforms is still out of reach because:

“Not many real-world use cases have been fully disrupted”

Major Components

Take a glance at the four major components of DRIFE that makes the project stand out.

No Commission

DRIFE aims at shifting the focus from the existing commission-based platforms to a decentralized network with a new economic model, where 100% of the fare paid by ‘commuter’ goes directly to the ‘Drivers’.

Incentivise Social Platform

DRIFE provides additional incentives to its network users contributing towards the platform’s betterment through social interaction and network building.

Governance

DRIFE believes in a democratic engagement of network participants towards financial and operational decision making for the platform.

Safety

DRIFE values the safety of the commuters and endeavours to carry out multiple security checks on the drivers before on-boarding and whilst in service. DRIFE also provides infrastructure for broadcasting Emergency SOS signals within the community to solicit help.

Information displayed on CoinCheckup can be updated by the respective ICOs and/or Crypto representatives and does not present the opinion of CoinCheckup.com and/or the CoinCheckup team.

Trading and investing in digital assets is highly speculative and comes with many risks. The analysis/stats on CoinCheckup.com and it’s subsites are for informational purposes and should not be considered investment advice and or the truth. Statements and financial information on CoinCheckup.com and it’s subsites should not be construed as an endorsement or recommendation to buy, sell or hold.

Please do your own research on all of your investments carefully. Scores are based on averages of third party websites.  Past performance is no indicative of future results. Read the full disclaimer here.