AVStar Capital and DRIFE join into partnership

AvStar
2 min readJun 11, 2021

We are proud to announce that we already partnered with DRIFE. AVStar Capital, a capital firm based in ASIA and also the leading capital firm In Indonesia has made a strategic investment in DRIFE.

Do you know DRIFE is a unique decentralized ride-hailing platform powered by blockchain?

DRIFE will empower both, drivers and passengers. DRIFE will disrupt existing business models and remove the corporate intermediaries involved in transactions. Our ride-hailing platform has created a new paradigm for the ride-hailing industry. We are the first platform in this niche to express the full features of the decentralized ride-hailing economy.

It was in 2009 that the traditional taxi industry got disrupted by a company called Uber. It was an innovative idea of connecting the passengers and drivers through a platform. During the following years, other companies appeared in countries like Ola in India, Didi in China, Grab in Singapore, Careem in Dubai and so on.

The problem is that existing models lack many of the functions that DRIFE will incorporate within DRIFE platform. Start from cost, bad service, and centralized service. DRIFE will give the solution by creating a solid driver community and we will introduce incentives for drivers who will be able to introduce other drivers to the DRIFE platform and community. Most importantly, the growing driver network will be formed without the unnecessary need for an intermediary, resulting in direct driver payments.

More about DRIFE

Facebook: https://www.facebook.com/drife.official/?ref=br_rs
Twitter: https://twitter.com/Drife_official
Linkedin: https://www.linkedin.com/company/drifeofficial/
Telegram: https://t.me/drife_official
Contact: Phone: +44 20 3239 7766, +91 07821–257350
Email: info@drife.one

About AVStar Capital

AVStar Capital is a digital asset injector in the form of a venture capital firm with outstanding development and marketing based on team research analysis. We vote exclusively for long and short-term investments based on a community democratic voice. We promote and develop potential companies in the field of digital assets, especially the use of the blockchain technology sector. we believe that market segmentation is very important to a company’s financial strategy.

Official Links:

Twitter: https://twitter.com/AvStarCapital
Telegram:
https://t.me/avteamchannel
Website:
https://t.me/avteamchannel

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