Review RideNode™ (RIDE)

kasurr

RideNode:(RIDE) is the First American Ride and Transportation Blockchain and Virtual Currency.

BayRide Inc. is building RideNode™ (RIDE), the first American Transportation Blockchain, that enables the ridehailing market to thrive beyond its limits in order to allow direct transactions between drivers and riders and provide security protection by implementing features like S.M.A.R.T.FARE™ and RideGuard™.

About RideNode

The most ambitious application of blockchain technology to the transportation, security, and avaiation sectors, starting first with ride-hailing services. In essence, RideNodes™ are a virtual currency and smart contract apparatus that aims to realign the interests of Drivers, Riders, & Service Coordinators (collectively referred to as our network participants) who already utilize ride-hailing services (such as Uber, Lyft, Via, and even traditional taxi & limousine companies), by providing a superior platform not limited to logistics, payments, credential verification, incident responses, and a special emphasis on safety and security for BOTH the riders and drivers. For a $300 billion-dollar industry, that is expected to keep growing, it is inexcusable that we hear nothing but grievances, complaints, and problems on a wholesale basis from governments, riders, and especially drivers.

Some common issues that plague the industry include:

(1) The passenger safety and security being compromised and threatened, mostly resulting in bodily harm and tragic deaths.

(2) Drivers being forced to drive more and receive less and less earnings that are too low for them to make ends meet, inevitably damaging morale and resulting in them feeling hopeless and desperate, and in some cases even pushing them to tragically take their own lives.

(3) Drivers being denied the tools and information they need for optimal choices to make regarding insurances, accounting and general safety. Ultimately this trend of drivers making less and less while passengers are paying more and more not only prevents a sustainable workforce in this economy, but also causes consequential damages to it. As it stands today, neither the drivers nor riders will ever triumph.

The only winners are present day Central Coordinators (such as Uber, Lyft, etc.) who outdated business strategies result in perpetual fundraising from their investors and claiming constant negative revenues every year. To make matters even more daunting, these same central coordinators are determined on carrying out their implementation plans of automation to this industry. This will inevitably eliminate the need for drivers among other serious consequences. These reckless objectives are possible due to centralized nature of these coordinators in this industry.

We Bring Together Marketplaces & Finance

The ultimate goal of RIDE is to be the common currency for transportation industry.

Our clients, both public and private transportation industries, will access all the services they need from a single platform. Blockchain technology gives us the chance to make JUST transactions and eliminate the additional charges and exploitation by the middle man.

The common currency for transportation industry

Very safe and secure for both the riders and drivers

IEO Details

General

Website: https://ridenode.io/ Platfrom: https://www.bayrideinc.com/

White paper: https://www.ridenode.io/wp-content/uploads/2019/11/RideToken-WhitePaper-Version3.0.pdf

IEO Time: 22 Nov 2019 – 14 Feb 2020

Whitelist/KYC: KYC

Country: USA

IEO launchpad: P2PB2B

Token info

Ticker: RIDE

Platform: Ethereum

Token Type: ERC-20

Available for sale: 10,000,000,000 RIDE (40%)

Total supply: 40,000,000,000 RIDE

Financial

IEO Price: 1 RIDE = 0.05 USD

Accepting: ETH, BTC, Fiat

Soft cap: 5,000,000 USD

Hard cap: 500,000,000 USD

Bonuses:

IEO 1st session: 22-11-2019 To 06-12-2019

IEO 2nd session: 20-12-2019 To 03-01-2020

IEO 3rd session: 10-01-2020 To 24-01-2020

IEO 4th session: 31-01-2020 To 14-02-2020

General description

RIDE will be released on Ethereum platform and fully comply with ERC20* standard.

Support of this standard guarantees the compatibility of the token with third-party services (wallets, exchanges, listings, etc.), and provides easy integration. Currently, we are working with p2pb2b.io to start an IEO.