Decentralized Ride-hailing Experience
Shifting the focus from the existing commission-based platforms to a new subscription-based economic model
Market Dictated Pricing
A unique blockchain-enabled auction mechanism that allows drivers and riders to control their rides
Blockchain-based loyalty & incentive program by using the native token "DRF"
Drivers and riders are given a voice and their right to govern themselves, keeping their best interests in mind
The use of a blockchain enables trustlessness by leveraging programmable automated self-executing smart contracts
Transparency & Equitability
Using smart contracts for the fare negotiations, governance, and managing stake-based services and privileges. Bringing transparency in Fare computation, dynamic pricing and commission-less payment transfers
The platform itself is governed by a DAO where everyone can participate in decision making by putting forth proposals and voting on them
The native platform utility tokens are used for gamifying loyalty, rewards and incentives, while stable tokens are used for on-chain macro and micropayment transfers. Native tokens are meant to be staked for acquiring Franchise NFTs or FNFTs which provide the franchisee rights to use the name and system of Drife
Drife is bringing for the first time, a franchise model to the ride-hailing industry, enabled by NFT technology. This will usher a new paradigm of doing business in the ride-hailing industry in particular and the transportation industry at large
Sr. Backend Dev.
DRIFE in the News
Web3 Ride-Hailing App Drife Takes on Uber in India
One of the main things that differentiate them from companies like Uber, says Sheikh, is that they don’t charge any commission. Drivers get to keep the entire fare and will instead pay a monthly subscription to use the platform, although the company is currently waiving this to encourage sign-ups.