ICO Review - Bitdrive - Uber on blockchain (8.5/10)

in #crypto6 years ago (edited)

About 

Blockchain technology is slowly changing all industries. Now its time to revolutionize ridesharing. Bitdrive was made to show how Uber or Lyft should work. It will fix current platforms issues like: 

  • Insufficient remuneration 
  • Highly Centralized systems 
  • Inflated fee structure 
  • Lack of concern for the drivers or the passengers 
  • Zero incentives for the drivers to stay 
  • Regular fare cuts 
  • Faulty policies and zero transparency 

It will enable anyone from any city in the world enjoy a high-quality, safe and efficient commute experience at very pocket-friendly costs. 

Ridesharing is huge market on which Uber grown from 11 mil marketcap to 50 bil in 9 years. Add blockchain possibilities and blockchain hype into this and you have one of the hottest ICO. 

Team

The team consists of 9 people -which you can find and verify on Linkedin.
Rana Hassan Abbas - CEO of Bitdrive studied at York University is a blockchain enthusiast cryptocurrency expert and Investor his motto is:
I'm a believer in the right of everyone willing to spend money on anything to get the best of that which they're paying for. From the many businesses I've built over the years, to the fashion industry, my belief that Customer Truly is King has never wavered. I believe in disrupting bad service and replacing it with what gives people value for money. This is why I'm in love with the blockchain technology, and pretty soon we will be rolling out one of the biggest projects this technology is yet to be used on. Let's make change Happen.

Roadmap



Roadmap is not too detailed but its clear and very ambitious. In Q1 they will lauch their app in North America. Its about half year from now to working product !

Financial:

 Soft Cap - 75 000 000 BTD

 Hard Cap - 500 000 000 BTD

 Unsold tokens will be burnt

 Team Tokens will be locked for 2 years  

 Bitdrive will be selling their token from June 15 to Sep 30 in 4 stages.  

Discounts and limits are very well set. 30% is not too much and it wont make investors to buy in presale to dump as soon as it hits exchange like it is happening with >50% discount. Bitdrive is accepting ETH BTC LTC and USD and its ICO price is around 1BTD = 0.04 USD Worth appreciating is that team tokens will be locked for 2 years. That shows that they bealive in their project and wont dump their token as soon as BTD will hit exchanges. 

Social media:


Telegram - 2865 Members
Facebook  - 1673 Members
Linkedin  - 12 Members
Twitter  - 697 Followers
Youtube  - 81 Subscribers
Medium - 5 Followers


Social media hype is not their strongest side but you need to remember that in current world you can buy 1000 twitter fallowers for 5$. So numbers are not the most important thing. Important is that they update their social media very often and share their progres with community. They are also working on social media by lauching bounty campaing with 880 000 $ in reward (https://bitcointalk.org/index.php?topic=4170039.m0)

Ratings

ICOBENCH - 3.3/5 (only benchy)
TRACKICO - 4.3/5
ICOMARKS - 7,6/10

Average: 7.6/10
My rating: 9.5/10
Total Rating: 8.5/10
This token is based on real world, huge market which is ridesharing. This market makes Uber one of the biggest company in the world. Blockchain technology and tokenised app will help Bitdrive in acquiring customers and develop faster. Beeing part of it from beggining is something we should not miss. Especialy if its leaded by strong team. Thats why My Rating is 9.5/10 what gives Total Rating : 8.5/10.

Links:

Telegram: https://t.me/bitdrivetech
Facebook: https://www.facebook.com/BitdriveInc
Linkedin: https://www.linkedin.com/company/bitdrive-tech/
Twitter: https://twitter.com/bitdriveinc
Youtube: https://www.youtube.com/channel/UCSZ2rsMIaVd_M3Bf5TpcpcA
Medium: https://medium.com/@bitdrive
Website: https://bitdrive.tech/
Whitepaper: https://bitdrive.tech/assets/pdf/whitepaper.pdf
Bitcointalk: https://bitcointalk.org/index.php?topic=4163776.0