Content on this page was provided by the Drife team
DRIFE's "Share2Earn" is a rewards initiative that celebrates and incentivizes the community for the project's achievements.
The reward campaign is segregated into 3 types:
Commute Leaderboard:
Galxe Leaderboard:
Bonus Perks:
DRIFE's Reward Campaign Details | |
Program | DRIFE's "Share2Earn" |
Eligibility | Detailed criteria stated below in the Eligibility section Certain jurisdictional limitations apply (i.e., users must be non-U.S./Canada and OFAC compliant). |
Participation | No limit |
Timeline | Until 1 million kilometers recorded globally or 3 months |
Allocated Rewards | 5,000,000 DRF tokens (0.5% of total token supply) |
FAQ | DRIFE Rewards Campaign FAQ |
DRIFE decentralized ride-hailing platform utilizes blockchain technology to evaluate and distribute rewards based on the XP points accumulated. To best represent network contribution, rewards will be determined by the data shared from individuals in cumulative KMs, within the 3 months campaign or 1 million kilometers, whichever is achieved first. Eligibility criteria is simple for all the 3 categories:
Commute Leaderboard: Participants need to share respective location data of their daily commutes. Users need to download and enable access to the location data on DRIFE App.
Galxe Leaderboard: Participants should complete daily missions which are assigned on the Galxe platform for DRIFE Community. Examples of Missions: Follow, Like, Repost, Comment, Share specific posts on social platforms like X, Instagram etc.
Bonus Perks: Active participation from the above two leaderboards is the only criterion to be eligible to earn extra DRF tokens.
DRIFE “Share2Earn” is a gamified rewards campaign focused on milestones and active engagement. DRIFE set the target of 1 Million Kms of location data shared by the participants. Once this target is achieved and rewards are made available for claim according to the vesting schedule, a new and enhanced “Share2Earn” campaign with an updated rewards mechanism might be launched, contingent on the success of the current campaign.
A total reward pool of 5,000,000 DRF tokens, representing 0.5% of the total supply, has been allocated for the “Share2Earn'' reward campaign. DRIFE designed a dynamic reward system that tracks participants' active contributions based on the eligibility criteria mentioned above, there are typically 2 types of leaderboards: the Commute leaderboard and the other is Galxe leaderboard. Participants can also earn additional rewards through active participation on both leaderboards.
Commute Leaderboard Rewards Calculation:
Total Reward Pool: 2,500,000 DRF tokens
Maximum Target: 1,000,000 KM
500 KM * 2.5 DRF/KM=1,250 DRF tokens
Galxe Leaderboard Rewards Calculation:
Total Reward Pool: 2,000,000 DRF tokens
Maximum Target: Total XP points accumulated by the top 90% of the participants.
500 XP * (Total XP / 2,000,000 DRF)=DRF tokens earned per Participant
Bonus Perks Rewards Calculation:
Total Reward Pool: 500,000 DRF tokens
Maximum Target: 2,000 random active participants from both the Commute and Galxe leaderboards.
DRF tokens are on SUI chain and can be claimed after TGE with a weekly linear unlock over a period of 3 months.
DRIFE is a decentralized ride-hailing platform that utilizes blockchain technology to create a peer-to-peer network for drivers and riders. Through DRIFE, anyone can book affordable taxi rides with the industry's first "Zero" commission policy, offering a more transparent, secure, and cost-effective system. This allows riders to enjoy personalized cab booking experiences, choosing drivers based on price, rating, car type, and other preferences.
The platform is powered by the DRF token, which provides a range of utilities including loyalty rewards, referral rewards, staking rewards, Share to Earn incentives, and governance participation. This comprehensive token ecosystem enhances user engagement and rewards active community involvement. The goal of DRIFE is to revolutionize the traditional ride-hailing industry by eliminating intermediaries and creating a direct connection between riders and drivers. Both drivers and riders can earn incentives within the platform for their active participation and engagement, creating an incentivized participation model.