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Program Overview

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:

  1. Commute Leaderboard
  2. Galxe Leaderboard
  3. Bonus Perks

Commute Leaderboard:

  • Participants may earn rewards by sharing the location data of their daily commutes.
  • Earn XP points for every kilometer traveled and climb the Commute leaderboard by logging more distance.
  • The leaderboard will freeze upon reaching either 1 million kilometers or 3 months from the campaign start date, whichever occurs first.

Galxe Leaderboard:

  • Participants may earn rewards by completing social missions, with rewards based on the XP points assigned to each task.
  • Complete as many tasks as possible within the campaign period to advance on the Galxe leaderboard and earn more XP points.

Bonus Perks:

  • A substantial allocation of DRF tokens is reserved for 2,000 randomly selected active participants from both the Commute and Galxe leaderboards, based on their XP points.
  • All participants must have the DRIFE App installed to be eligible for the rewards.
  • Active participation on the above tasks earns bonus XP points.
  • DRIFE’s “Share2Earn” campaign will run for a three-month period.
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

Eligibility

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.

Timeline

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.

Rewards

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

  • Reward per KM: When the maximum target of 1,000,000 KM is reached, each Kilometre will be worth 2.5 DRF tokens.
  • Example: If a participant shares the data of 500 KM during the campaign, respective individual will earn approximately:
  •      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.

  • Reward per XP: The exact reward per XP will be calculated based on the total XP points accumulated by all participants.
  • Example: If a participant earns 500 XP during the campaign, and the total XP points accumulated by all participants is total XP:
  •      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.

  • Reward per Participant: Each of the 2,000 randomly selected users will receive 500,000 tokens / 2,000 Participants = 250 DRF tokens per Participant

DRF tokens are on SUI chain and can be claimed after TGE with a weekly linear unlock over a period of 3 months.

About Drife

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.