|ICO Timeframe:||01/22/18 – 04/06/18 (PreSale & ICO)|
|Token Supply:||755,813,954 DVR (86% Crowdsale)|
DRIVR is a new generation blockchain based startup that seeks to disrupt dominant rideshare companies like Uber and Lyft with its A.I. driven platform on the blockchain. It aims to give riders and drivers great new benefits. DRIVR is an Ethereum powered blockchain that leverages on the incorruptibility of the blockchain technology in order to provide its users with a seamless, highly efficient, fast, hassle-free and very economical Rideshare experience the like of which they haven’t experienced to date.
PROS: Adoption and growth in users of ride-sharing apps has been tremendous in the past five years, favorable industry trends for ride-share and AI driverless cars over the long-term.
CONS: Early in development (iOS and Google Play apps not yet available), will face stiff competition from existing competitors with strong customer loyalty and history of technology-driven innovation (Uber, Lyft), driverless cars are still experiencing hiccups in recent months (Tesla and Google offerings have underperformed versus expectations), lead-time for wide adoption of AI driverless cars can be counted in years, not months (short-term viability is a concern for a project without backing of a larger company with deep pockets), a number of the LinkedIn profiles for key members of the management team return “no results”, technical white paper is not yet available.