The Utilities And Tokenomics of $DRF
DRIFE’s $DRF token launch is just down the road; therefore, it’s time for a comprehensive breakdown of its features and economics.
There is an alarming number of startups choosing to launch themselves through cryptocurrency-based funding. These businesses create a token, run an IDO and go on their way. However, a vast majority issue these tokens with little to no underlying utilities provided to its users, as though their coin was an afterthought in their business plan. DRIFE is not one of those companies; we took time and care to integrate our $DRF token seamlessly into the entire DRIFE ecosystem. As a result, $DRF features staking for rewards, staking for franchise ownership, governance, revenue sharing for drivers and discounts for users.
$DRF Utility Rundown
Staking Rewards: As part of the revenue sharing program, you can stake your $DRF to individual franchises at a soon-to-be global scale. Providing an opportunity to increase your staking rewards by researching the most lucrative location.
Staking For Ownership: One of the most exciting features of our $DRF token is the opportunity for stakers to own their own DRIFE Franchise. Franchises are issued in NFT form to validate ownership. Franchise ownerships go to the largest stakers in a given geographical location.
Governance: This grants $DRF holders the opportunity to vote on the direction of DRIFE. Therefore holders may create proposals and push for them to be implemented through the governance ecosystem. At DRIFE, we believe that local riders, drivers and owners will always know what is best for their specific region.
Revenue Sharing and Discounts: Riders and Drivers share the opportunity for task-specific rewards that give riders discounts and drivers extra income. These incentives are issued from referrals, finding bugs, ride streaks, ratings and reviews, surveys and more. Overall, this system encourages loyalty, consistency, performance.
We are confident this assortment of utilities will promote a sustainable ecosystem for users, drivers, and owners.
Tokenomics Breakdown
Token Ticker — $DRF
Token Type — Bep — 20
Initial circulating Supply — 8.32 Million $DRF
Total Supply — 3.25 Billion $DRF
Token Price — $0.0125
Initial Market Cap: $104,000
Overall, we put significant effort into ensuring our user-driven platform is focused on benefiting those users as much as possible. Thus, the $DRF token integration is centred around providing the maximum possible benefit to drivers, owners, and users alike.
Vesting Schedule
We are excited to showcase how DRIFE rewards its users like no other platform in the space through staking, ownership, and other incentives. With our official launch inching ever closer, we are sure to see this soon.
For more on DRIFE, check out these links:
Twitter | Facebook | Telegram | Instagram | Website | Whitepaper
By Mitchell Keller | Twitter | Edited by Dr. Deeban Ratneswaran and Aydan Flemmings— GD10.Ventures — Marketing division: enquiries
