On June 28th 2022, our community had a chance to welcome Mr.Tada Hoang – Co-Founder CSO & CMO and Mr. Shine Do – Founder & CEO DRIVEZ to join an AMA to deliver fruitful information about the key features and roadmap of the project.
This AMA was held by CryptoFamily Group – the top crypto community in Vietnam, where investors and traders can obtain the latest news and signals from bot/ admins, as well as discuss and share investment experiences in the crypto space.
🔎 DrivEZ (https://drivez.app/) is a Web 3.0 lifestyle application and first NFT DAO mixed up with GameFi and CommunityFi.
At this AMA, DRIVEZ team directly greeted the community and provided detailed information on the project as well as some exciting events that will be held in the near future.
Time: 20:00 PM (UTC+7) | Tuesday, June 28th, 2022
Venue: https://t.me/CryptoFamilyVN
Reward Pool: $200 for members with the best questions.
Below are some main points of this AMA session:
PART I: OVERVIEW QUESTIONS
1. Can you please introduce yourself and DRIVEZ’s team ?
DRIVEZ: The DRIVEZ team consists of full-time senior blockchain developers, automobile industry experts, and finance experts working on developing an entirely professional and easy-to-use application.
Besides, we have a world-class marketing team executing result-driven efforts to build and sustain user interest in DRIVEZ app. I’m genuinely excited to be working with this team and feel proud about what we’ve built and will build in the upcoming months.
2. Can you introduce the DRIVEZ project?
DRIVEZ: DRIVEZ is a Web 3.0 lifestyle application and the first NFT DAO mixed up with GameFi and CommunityFi.
DRIVEZ’s solution is to make your boring commuting become an enjoyable and effortless earning moment.
DRIVEZ is not encouraging users to drive more (and producing more emissions in the progress), but we’ve found a way to make your daily driving valuable and use it to fight against air pollution and plant new trees around the world.
Our mission: Turning boring daily commuting into valuable earnings and joining hands to make our world greener!
To easy understanding, kindly refer to the images below:
3. Please share with us information about Tokenomics of DRIVEZ and initial market capitalization when listing ?
DRIVEZ:
i think a lot of investors and community will care about it so much
There are 2 kinds of tokens in DRIVEZ:
The first one is DRIV Token, which is the Governance Token. And this is the most important token of DRIVEZ.
Token type: Utility & Governance
Total supply: 1,000,000,000 DRIV
Blockchain network: BNB Chain (BEP20)
you guys can refer to the source of token on the left and the use cases of token in the right on the image below:
The second token is INCO, which is the token In-App, mostly used for upgrading cars, buying items, paying gasoline, repairing fees..
Token type: In-App token
Total supply: unlimited
Blockchain network: BNB Chain (BEP20)
Here is the use cases of INCO
Both 2 tokens will be listed on chain on top tier DEX and CEX as well
Initial market cap when listing is approximately: $338,800, small cap and a feng shui numbers guys,
4.NFT plays an important role in Move to Earn, NFT gives investment opportunities to investors. Can you show us some NFTs and what benefits they will bring to owners?
DRIVEZ:
There are 5 kinds of NFTs in DRIVEZ: Cars, Lands, Parts, Boosters and Mirrors, all are built on the latest NFT technology ERC1155.
Only 50.000 limited car NFTs will be minted by the DRIVEZ team. We give the rights to the community to create future vehicles.
Our unique Mirroring mechanism, it is the revolution of minting and breeding and reducing inflation. There are 8 mirroring seasons/ day and it requires 7 days to receive the car after a successful mirrored car season.
Our unique Mirroring mechanism, it is the revolution of minting and breeding and reducing inflation. There are 8 mirroring seasons/ day and it requires 7 days to receive the car after a successful mirrored car season.
There are 5 kinds of NFTs in DRIVEZ: Cars, Lands, Parts, Boosters and Mirrors, all are built on the latest NFT technology ERC1155.
Only 50.000 limited car NFTs will be minted by the DRIVEZ team. We give the rights to the community to create future vehicles.
Our unique Mirroring mechanism, it is the revolution of minting and breeding and reducing inflation. There are 8 mirroring seasons/ day and it requires 7 days to receive the car after a successful mirrored car season.
Our unique Mirroring mechanism, it is the revolution of minting and breeding and reducing inflation. There are 8 mirroring seasons/ day and it requires 7 days to receive the car after a successful mirrored car season.
Basically Mirroring & NFT DAO is a very special mechanism invented by DRIVEZ team to find the way reducing the inflation of NFT which a pain point of xxx-to-earn
TNFT cars: to start earning in DRIVEZ APP, users have to own NFT cars and move outdoors. Created by experienced artists and AI technology, each car is unique, and has different metrics and ways of earning based on the real behavior of the car.his slide will show how mirroring works:
And all NFT of DRIVEZ are designed by artists living in the USA. The NFT are designed very nice and detailed. You guys can look at the images of NFT below
All metrics of car’s NFT based on real-life cars metrics and each car has different ways of earning, based on the real driving behaviors of each car!!
And all 30.000 cars will be different and there will be no 2 cars exactly the same visuals and metrics!
Our dev team using AI to generate cars NFT !!!
Head of AI department from our team is also very well known!
NFT PARTS: Parts are a car’s special elements that can be used in upgrading (tuning) that car for better metrics , then improving car earning performance.
There are 4 types of parts that can be used for tuning: Gas tank, Engine, Care Pack, Mascot
NFT BOOSTER: Booster is a quick and cheap way to boost a car’s metrics, then improve car earning performance.
There are 4 booster slots in each car. Boosters are only effective for 24 hours.
There are 4 kinds of boosters : ECO, COMFORT, LUCK, EXT
NFT LAND: Users having lands can build their gas station or garage and start selling gasoline or repair vehicles for other users. The total earnings from selling gasoline and repairing vehicles will be divided to all gas station owners and garage owners. This is a way to have passive income and become a monopoly in DRIVEZ.
- Every day, many projects are born following the trend of GAMEFI, MOVE2EARN, AND PLAY2EARN. So what are outstanding features of DRIVEZ compared to other projects?
DRIVEZ: That’s an interesting question
We strongly believe that we are on the right track with the big trend (M2E).
However, DRIVEZ has a big difference and brings many benefits to Investors such as:
- Web 3.0 Lifestyle Application and the first NFT DAO mixed up with GameFi and CommunityFi.
- Effortless earning makes your daily boring commuting become profitable and passive earning
- Only 50.000 limited car NFTs and a rich NFT library of parts, boosters & lands will be minted by the DRIVEZ team. We give the rights to the community to create future vehicles.
- NFT DAO and NFT Anti-Inflation through the disruptive technology called MIRRORING
- Auto-Balance & Anti-Inflation Control System (AACS) and On-Demand Reward Distribution System will control the reward distribution process, along with the burning mechanism to reduce the inflation of Tokens $DRIV & $INCO
- Seamlessly In-App experiences with the In-App Marketplace and Wallet, Dapp integrated soon. By the end of 2022, when we will integrate Pancakeswap to the app, users can swap directly DRIV to BUSD or another crypto. Making DRIVEZ become a real Defi wallet (like metamask, trustwallet or C98)
Last but not least
- We aim to build up a community social network to make the world better.
Together, we contribute partial profits to defense against the air pollution emission. We have plans to work with an environmental organization worldwide to plant trees all over the world.
Let’s join hands with us to make a better world ❤️
PART II: PRE-COLLECTED QUESTIONS FROM TWITTER
1.From @Mina_aux
As one of the first NFT DAO mixed up with GameFi and CommunityFi, what is your vision and mission in this industry? Could you share your thoughts on how the GameFi sector will progress in the future, and how can creators earn profits by on your NFT Marketplace?
DRIVEZ: DRIVEZ is a Web 3.0 lifestyle application and the first NFT DAO mixed up with GameFi and CommunityFi.
Our mission: Turning boring daily commuting into valuable earnings and joining hands to make our world greener!
Our Vision: DRIVEZ aims to make a revolution that bridges the grab between cryptocurrency and real life. Specifically, become Move-To-Earn 2.0, easy to earn and use for everyone
Drive- To-Earn is a new trend that recently rocket the crypto industry. It allows people to easily earn crypto while moving with their transportation..
Just download DRIVEZ app, own NFT or rental NFT from other users, turn on the app while moving and enjoy earning cryptos.
✅ For Android: https://play.google.com/store/apps/details?id=com.meta88.drivez
✅ For IOS: https://testflight.apple.com/join/pdt7pATl
In fact, everday, there are billion of commuting: go to school, work, travel, etc,…besides, 2,134,000,000 transportations in the world (statistic in 2015) and 5,200,000,000 people using smartphones.
Imagine, 1/10 of them who use the Drivez app while moving, how it is a bright future for DRIVEZ!
In addition, DRIVEZ gives the Community the right to create NFTs via the Mirroring mechanism and control inflation. So, the creators/ owners of NFTs earn profits via trading NFTs to other users on our marketplace.
- From @Kolija126616
$DRIV allows users to participate on Community-Oriented Governance where users can take part in the voting system. Can you tell us how can we participate in this Governance? Does it require a specific amount of $DRIV to hold? And in what decisions can the community participate? PART III: BEST LIVE QUESTIONS IN CRYPTOFAMILY GROUP
DRIVEZ:
Absolutely YES, DRIV is Gorvenance token so people must HOLD and can use it for voting!
We will open the voting feature according to our roadmap, in which $DRIV holders can vote to decide the development of DRIVEZ products, roadmap, upcoming features etc…
Besides, $DRIV holders who stake $DRIV to vote will have a certain amount of interest. The details will be revealed soon.
Users and investors can buy DRIV token in top tier launchpads by the end of July, keep watching our channels to get the latest news.
- From @MasanariToyko
What advancements in technology make DrivEZ a complete Web 3.0 application and NFT DAO ? What are your plans to unlock the market’s full potential among other NFT marketplaces like OpenSea, Rarible, SuperRare…?
DRIVEZ: We invented Mirroring & NFT DAO
⭐️ DRIVEZ gives the rights to the community to mint new cars in the future and controls the NFT inflation.
⭐️ Mirroring is the cheaper way to mint a new car rather than breeding. It’s also a way to control the NFT inflation.
💎 Auto-Balance and Anti-Inflation Control System
A control system with a special mechanism invented by DRIVEZ’s expats helps to control the inflation and fairly distribute rewards between old and new users.
We have a very strong technical team, they have so many experiences in developing blockchain app.
🧑🏻💻Our Tech Specs:
⚡️ Flutter, iOS (Swift), Android(Kotlin), ReactJS for application + website
⚡️ MongoDB for data storage
⚡️ Node.js , Nest.js for server modules
⚡️ GPS tracking
⚡️ Machine learning to detect cheating through data simulation
⚡️ Cross-chain NFT Technology
⚡️ Support Apple CarPlay & Android Auto
Seamlessly in App experiences with the In-App marketplace and Wallet.
User can start earning and doing everything in one application with DRIVEZ app.
- From @Linh_trang1805
Launching a new project in a bull run is more hyped and profitable than during the downtrend. In a bear market where most of the projects face failure right after launch, how will DrivEZ stand the test of time? What strategies do the project employ to mitigate possible losses?
DRIVEZ: this is a very hard question!!!
but don’t worry, we having plan for it
It is clear that we can not control the market situation.
However, DRIVEZ team has implemented a long-term development plan with clear objectives for each phase.
DRIVEZ targets all users with smartphones that can earn while moving with their transportation, so the number of users earning on the DRIVE App will represent the project’s growth.
Even in the toughest moments, people still work, go to school, travel every day, right?
And only turn on the DRIVEZ app to start their journey and earn $DRIV/ $INCO, so the project will continue to thrive no matter what the market conditions are.
Besides, for long-term visions (actually not so long, because we are doing it right now).
we have a strategy to integrate block-chain networks with real life. <= this is our most important strategy for upcoming years.
Currently we are working with traditional transportation companies, wallets and payment solutions, to bring them on block chain and convert their customers – who are not familiar with block chain – to use our products.
Soon, non-crypto users can also use our app without any blockers and experiences in crypto, just use fiat and credit card to enjoy earning from DRIVEZ.
you guys can refer to binance, they are trying to import non-crypto company like uber, grab to their platform, that’s also what we are doing.
in near futures, users can use DRIVEZ app to book uber, grab, be etc. all – in – one platform. and even can use DRIV to pay for the services!! (because we are working with payment solution to do it, can directly pay from DRIV to fiat for drivers and use fiat to buy equipment in app)
One more thing!
Experienced investors catch the best opportunity of buying the token at a low price in a bearish market situation and might get the high profits in the uptrend market. Hence, owning $DRIV in an early stage at an advantageous price gives more opportunity for investors.
- From @Mohammad96io
NFT collections are one of the hottest trend today and crypto users buy this even if it costs alot. However, not all NFTs have value in the marketplace so can you tell us what are the utilities of DRIVEZ NFTs and how can we be sure that these NFTs have worth and value?
DRIVEZ:
We have seen this problem with the GameFi & Move-To-Earn projects since the beginning.
NFTs are inflated because the project owners release continuously, and there is no limit on the number of issues. Therefore, NFTs do not bring much value in terms of practical application. In addition, most project owners currently do not have a burn plan to reduce the supply in the market. This leads to a decline in the value of NFTs and inflation.
The goal of DRIVEZ is to bring the best benefits to investors, so we have come up with a solution for investors to benefit when owning DRIVE’s NFTs.
Mirroring mechanism : a unique mechanism of DRIVEZ to mint a new vehicle. Every day there are 8 mirroring seasons (3 hours each season). Users who want to mirror a new car must join the mirroring season before it starts, and during these 3 hours of mirroring season, the cars will be locked in the Mirroring tab.
Users who have successfully minted a new vehicle must wait 7 days to receive the car. The speed of minting new cars is controlled, consistently lower than the speed of new users, to keep NFT’s value and remove inflation.
Only 50.000 limited car NFTs and a rich NFT library of parts, boosters & lands will be minted by DRIVEZ team during the lifecycle of the project. In 2022, only 30,000 mystery Carbox will be sold on the market. 20,000 of which would be special NFTs for co-producing with artists & automobile manufacturers, and leading transportation corporations
Auto-Balance & Anti-Inflation Control System (ACCS) is a control system invented by the experts of DRIVEZ. This system controls the reward distribution process to reduce inflation of Token (DRIV & INCO) and NFT (via NFT DAO).
We working very hard to bring DRIVEZ’s investors the best profit
Please note and focus on MIRRORING, it’s the most important and special mechanism invented by DRIVEZ team. It’s not only support to control the inflation of NFT, but also can give early investor to NFT having big profits!
the sooner you have the NFT, the sooner you can mirror it. But not every time you can successful mirror a new car. It will be depended on a lot of things: the total number of new registered users, the quota NFT for that circle, and your lucky also.
The fee for mirroring is very cheap, but the reward is worth it!!!
and as @Shine4ever88 said above, the DRIVEZ team will control the number of new NFT always lower than the number of new users, means that not all users can have a NFT. That’s will help to increase the price of NFT!!!
PART III: BEST LIVE QUESTIONS IN CRYPTO FAMILY GROUP
- Please share with us what are you currently working on and can you describe your future roadmap?
DRIVEZ:
This is an interesting question. I also want to share with you guys
We have successfully raised the fund from 4 VCs. (the name of VCs will be revealed soon).
Launched website, beta testnet DRIVEZ app, marketplace & development
We have publish the public testnet.
Everyone can join, test the DRIVEZ APP with full features and earn the test token $tDRIV and have a chance to convert $tDRIV into $DRIV. Conversion rate and conditions will be announced later.
Our public testnet hits over 16,000 users among 12,000 daily active users in just ten days of launching.
The total achieved distance is 750,000 km, equivalent to twice the distance from The Earth to The Moon.
Growth community : 57k members on telegram, +20k Twitter followers
Large network of partners: GameStarter, Daostarter, MarsPad, TrustFi, Avatar Dao, GamerHub, K24 Ventures, GameOn, Warppipe, SolidProof, etc.,
Here is our roadmap:
We continuously update the milestones and new features of DRIVEZ on our official channels. Stay tuned!
This June, we will run a free drive-to-earn campaign for users to try (now opening for registration, please join with us now https://twitter.com/DrivezApp/status/1537843075946774530?s=20&t=EOufm6IsfjOmBgbvhOprew
- The public testnet is going on. Can you share more detail about this campaign and what benefits do users have? And what is your plan next month?
DRIVEZ:
that’s interesting question, i bet that you already follow our channels, and this is also the information we wanna share with you guys!!
This June, we will run a free drive-to-earn campaign for users to try (now opening for registration, please join with us now https://twitter.com/DrivezApp/status/1537843075946774530?s=20&t=EOufm6IsfjOmBgbvhOprew )
The month of July marks the blooming of DRIVEZ. We will run massive big events to introduce DRIVEZ to the large community worldwide through IDO and our INO.
a / INO
DRIVEZ team issues only 50,000 NFT for the lifetime circle of the Project. In 2022, only 30,000 NFTs will be sold in the Marketplace. All participants have the same ratio of opening rare vehicles.
here is the plan:
INO 01:
Date : 13/07/2022
Number of boxes: 2000 mystery boxes
Price: $500/ box
INO 2:
Date : 15/07/2022
Number of boxes: 3000 mystery boxes
Price: $500/ box
INO 3:
Date : 20/07/2022
Number of boxes: 5000 mystery boxes
Price: $500/ box
all 3 INO will be held on our platform, don’t forget to follow our officially channels for latest news!!!
the 2nd big event is IDO
We will run IDO on the top tier launchpads this July (tentatively on 25 July). The details will be announced soon in our official channels.
TGE will be around 27 July!!
- Can you share the detailed activities that participants can join during the public testnet?
DRIVEZ:
so many interesting activities !
Along with Free-Drive-To-Earn (the main events), we are running a lot of events for the community!!
Links: https://t.me/CryptoFamilyVN/2730524
https://t.me/CryptoFamilyVN/2730527
https://t.me/CryptoFamilyVN/2730526
CF: Thank you so much for taking your time to join our AMA today, as well as thanks for hundreds of good questions from our community. Seems like there’re many things to exchange, but I’m afraid the time is up now. We need to wrap up the AMA right here 🔥
‼️ For all of the questions that have not been answered yet, guys feel free to search for more information on the links provided below:
🔗Website https://drivez.app/
🔗Telegram https://t.me/drivezann
🔗Twitter https://twitter.com/DrivezApp
