I just stumbled across one ongoing ICO which has collected so far more than 24M USD but I could not find much of information except a few articles. I delved into this and I found this to be a quite a good opportunity to invest. Here is my take on DACSEE.
What is DACSEE?
DACSEE is the first decentralized social ride-sharing platform built by the community for the community. Their aim is to facilitate between drivers and passengers and empower users by giving them more choices and freedom and also providing a sustainable multi-revenue channel.
DACSEE is trying to solve multiple challenges found in the current ride sharing industry, like-
- Safety of the passengers and Drivers
- Lower earning opportunities for Drivers
- No incentive to passenegers
- unsustainable and limited room for growth
- No businees ownership
DACSEE will solve the above problems faced by the industry with the help of decentralized Block chain mechanism with the participation of passengers and Drivers.These current problems may be reversed by returning the power back to the individuals and offering a truly feeless network structure that restores a natural and therefore sustainable business flow. DACSEE provides these tools for the individuals to take charge of their part in the marketplace and by them doing so, the platform and economy therein grows as well. There are many firm decisions that have been influenced by DACSEE's open philosophy and they have been solidified into critical parts of the operation.
- Decentralised Operation
- Recurring Income
- Sustainable Future
- Improve Loyalty of Passenger
Key features of DACSEE
Eliminating Middleman Fee and giving back to the community - Current system of ride sharing results into middle man taking a pie of the fees resulting in higher fares and less earning to the drivers. DACSEE is trying to remove this and will redistribute its commission to the stakeholders- drivers, passengers and local authorities that collectively makes the DACSEE platform via its circle of friends pool.
Circle of Friend Pool- All the commission collected will be deposited into Circle of Friend pool and will be distributed between stakeholders considering many factors like- size of circle of friends, rides taken or delivered etc.
Community Groups - Passengers here can create community groups for specialized ride services like- low cost or premiums drive or for musicians etc. This is empowering the passengers.
Convenience of payment - Passengers have the option to either pay in the DACSEE token or any other traditional Fiat gateway.
Transparency - Using a Block chain will result into transparency when all stakeholders can see the what is going on with the collected funds in circle of friends pool.
Fostering Local and Government partnerships - DACSEE is emphasizing more on the support and partnerships with the local government thus ensuring the sustainable operation wherever it is working .
Safe measure of Driver introduction- DACSEE puts requirement like a new person who wants to become a driver needs to be recommended by a current driver and also he needs to be verified with the local authorities. Which will ensure a safety mechanism for new drivers .
DACSEE TOKEN
DACSEE token is the decentralized Ethereum ERC20 token that drivers will use it to participate in the driving ecosystem in a cryptographically-secured, unstoppable fashion. Like all ERC20-compliant tokens, DACSEE token may be stored and transferred only with an Ethereum private key and can be used across platforms in many wallets compatible with Ethereum.
DACSEE token is a utility token that enables friction less transactions of services on the platform. Participants must have a minimum amount of DACSEE token before special offerings or bonuses can be unlocked. Value of the token will increase because it will be used as a payment method as well as the pool funds will be distributed to all stakeholders in form of token this will create more demand and usages of the token.
Opinion - in my opinion this is a very good project due to following reasons -
- This empowers the passengers and empowers them. Also the commission is redistributed among stakeholders.
- DACSEE is already have a working project. They have applications on both Android and Apple store
- They are targeting markets of- Indonesia, Malaysia, India and China specifically which have immense growth potential.
for more information visit-
Website: https://dacsee.io
whitepaper: https://dacsee.io/app/images/documents/dacsee-whitepaper.pdf
Android app : https://play.google.com/store/apps/details?id=com.dacsee
Telegram: https://t.me/DACSEE
Facebook : https://www.facebook.com/dacsee.official
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