iRide.io ICO Review And IRIDE Token Analysis

IRIDE

iRide.io is the world’s first ride-sharing application bu...

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4 months ago

iRide.io ICO About

iRide.io is the world’s first ride-sharing application built on the Ethereum Platform. iRide.io is bringing together the Uber-like share-riding phenomenon and blockchain technology. It already has a working MVP with downloadable apps for Apple and Android phones. Its fee for drivers is less than 5% (compared to 20%-25% for Uber and Lift). They even offers a smart contract pension plan for drivers. Each ride is backed by an Ethereum blockchain smart contract. They have advisors onboard (Naviin Kapoor and Hristo Piyankov) who are also a part of the popular Modern Finance Chain ICO.

iRide.io ICO Review

iRide combines the fast growing $60 billion ride-sharing platform (like Uber) and the advantages of decentralization with blockchain technology. Key features:

1. An MVP is available. The iRide app for Apple and Android phones is downloadable now.

2. Decentralization through the Ethereum blockchain allows for much lower fees for the driver--5% (or less) vs the 20% to 25% from centralized entities such as Uber and Lyft.

2. Lower drivers' fees will result in lower charges for riders.

3. Pension plan available for all drivers, backed by smart contracts.

iRide.io ICO Comments

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  • 5 months ago Miles Jonas

    Who's behind this project?

  • 5 months ago Miles Jonas

    Who's behind this project?

  • 5 months ago Miles Jonas

    Who's behind this project?

  • 5 months ago Linh Nguyen

    This project is by a group in Singapore who already has a working share-riding program for Apple and Android phone. They seek to combine with the technology of blockchain to decentralized it. A key member of their team is Hristo Piyankov, a blockchain and crypto analytic. I've also heard that they also have the backing of the chairman of the cryptocurrency board in South Korea.

  • 5 months ago Miles Jonas

    How does this exactly work @Linh Nguyen? Is this like Uber or Lyft?

  • 5 months ago Linh Nguyen

    Yes, it is like Uber and Lyft. The big difference is that because it is decentralized on the Ethereum blockchain, it can significantly reduced the fee charged to drivers to 5% or less (compared to 20%-25% with Uber or Lyft). This will also results in lower cost to riders. It also utilized smart contracts to offer insurance and pension plans to drivers.

  • 5 months ago Peter Garland

    Nice. What's the status of this ICO? Are they open to presale as of the moment?

  • 4 months ago Linh Nguyen

    They are currently in their Public Sale with a 15% unrestricted bonus.

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Token Info

  • Symbol/Ticker IRIDE
  • Platform Ethereum
  • Type ERC20
  • Bonus 25% bonus in PreICO. 15% bonus in ICO.

Presale Info

  • Presale Price null ETH
  • Presale Start Date 05/23/2018
  • Presale End Date 05/23/2018

Investment Info

  • Tokens for Sale null
  • Total Token Supply null
  • Price Per Token null USD
  • Soft Capital 0 USD
  • Hard Capital 0 USD
  • Accepting ETH

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4 months ago


  • Token IRIDE
  • Platform Ethereum
  • Price null
  • Soft Capital 0
  • Hard Capital 0
  • Accepting
  • Country Singapore
  • Restrictions
  • Know Your Customer No
  • Whitelist No

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