Announcing the DRIFE “Share2Earn” Rewards Campaign
Unlike traditional ride-hailing platforms, DRIFE is a decentralized platform that eliminates intermediaries, giving riders and drivers more control over their interactions. By leveraging blockchain technology, DRIFE creates a trustless and transparent environment that enables direct peer-to-peer interactions between riders and drivers. Riders can choose drivers based on specific criteria, such as driver rating, car type, and other preferences.
Today, we are excited to announce DRIFE’s “Share2Earn” Rewards Campaign. In an effort to grow the network of riders and data shared, DRIFE is offering 5,000,000 DRF (0.5% of the total supply) to qualifying participants for their contributions.
Rewards
A total reward pool of 5,000,000 DRF tokens, representing 0.5% of the total supply, has been allocated for the “Share2Earn” rewards campaign. DRIFE designed a dynamic reward system that tracks participants’ active contributions based on the eligibility criteria mentioned above. There are typically two types of leaderboards: the Commute leaderboard and Galxe leaderboard. Participants can earn additional rewards through active participation on both leaderboards.
For more information on the rewards and how to participate, see here.
Eligibility
DRIFE’s decentralized ride-hailing platform utilizes blockchain technology to evaluate and distribute rewards based on accumulatedXP points. To best represent network contribution, rewards will be determined by the data shared from individuals in cumulative KMs, within the 3-month campaign or 1 million kilometers — whichever is achieved first. Eligibility criteria is simple for all the three categories:
Commute Leaderboard: Participants must share respective location data of their daily commutes. Users must download and enable access to their location data on the DRIFE App.
Galxe Leaderboard: Participants should complete daily missions which are assigned on the Galxe platform for DRIFE Community. Examples of Missions include Follow, Like, Repost, Comment, and Share specific posts on social platforms.
Bonus Perks: Active participation from the above two leaderboards is the only criteria to be eligible to earn extra DRF tokens.
Timeline
DRIFE “Share2Earn” is a gamified rewards campaign focused on milestones and active engagement with a target of 1 Million KMs of location data shared by participants. If this target is reached, rewards will become available to claim according to the vesting schedule. Future DRIFE reward campaigns may be launched at the sole discretion of the DRIFE team.
DRF tokens are on SUI chain and can be claimed after TGE with a weekly linear unlock over a period of 3 months.
About DRIFE
DRIFE is a decentralized ride-hailing platform that utilizes blockchain technology to create a peer-to-peer network for drivers and riders. Through DRIFE, anyone can book affordable taxi rides with the industry's first “zero” commission policy, offering a more transparent, secure, and cost-effective system. This allows riders to enjoy personalized cab booking experiences, choosing drivers based on price, rating, car type, and other preferences.
The platform is powered by the DRF token, which provides a range of utilities, including loyalty rewards, referral rewards, staking rewards, Share to Earn incentives, and governance participation. This comprehensive token ecosystem enhances user engagement and rewards active community involvement. Both drivers and riders can earn incentives within the platform for their active participation and engagement, creating an incentivized participation model.
Community Links
Legal notice
This blog post is being distributed by CoinList Global Services Ltd., dba “CoinList,” or one of its subsidiaries. CoinList does not provide—and this post shall not be construed as—investment, legal or tax advice. This blog post and use of the CoinList website is subject to certain disclosures, restrictions and risks, available here and here.
The information contained on this page is for informational purposes only. The contents of this page are based on information available at the time of its preparation and are subject to change without notice.
No representation or warranty, express or implied, is made as to the accuracy, completeness, or reliability of the information contained on this page. Any projections or forward-looking statements are based on assumptions and judgments as of the date of this publication and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those expressed or implied in such statements.
This page may include links to external websites or third-party content for informational purposes. The inclusion of such links does not imply endorsement or approval of the content, and CoinList disclaims any responsibility for the content of such external sites.