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[ANN][PRE - ICO] PROVIDE: DECENTRALIZED RIDE SHARING

A direct peer-to-peer platform to connect drivers with passengers. With smart contracts allowing for the elimination of the trusted third party, drivers maximize profit and riders pay the lowest fares.

ICO: September 1
Seeking interested parties to participate in bounty program.

Additional details forthcoming about the PRVD token and ridesharing platform.

How is someone not already doing this??

It's very interesting project. Can you provide more information?

I've been talking about this for the longest time! It needs to happen! Uber but without the uber. Direct p2p.

I'm shocked it doesn't exist. Seems like perfect fit for blockchain.

The iOS and Android apps and platform itself are in the final stages of being polished prior to public beta and we are looking to engage the crypto community as it seems as if there is an opportunity to utilize decentralized nature of blockchain to help drivers who are sick of Uber take back control of their own destiny.

More details will be released in the coming days including app screenshots, ICO details, bounty details etc.

I am would like waiting more information about this ico and hope this project have a future very good.
ico will start on date one september right? it seems interesting project.
i see this ico pretty good for participate in here.

September 1 ICO, yes.

Only this, your announcement? Are you serious about the project you are working on? This will not be good for the development of this project, bad start, please fix your ANN

Hello, there are number of tech companies which already made this idea. Blablacar, Beepcar - they aren't big enough, but business model was approved.

Sharing patterns have been very popular recently, but more people need to be added. I'm looking forward to your project

Are you saying that the reason previous efforts to do this have failed because marketing those efforts has failed?

youre name coin provide ?
same youre coin name youre thread need provide and develop to good thread
without good thread very dificult can get investor

One of the worst threads I've ever encountered, for some people, would think this project is a scam, just look at threads that are not convincing like this, I only get ICO date in 1 september, another info? Nothing ???

As previously stated, more details will be released including app screenshots, ICO details, and bounty details. Have patience, more information will be coming soon!

I wait for more information from this project, I think, will be very interesting, so time will answer everything, this project will be a great project or vice versa, just waiting

Will PRVD be a standalone token, or will it be on the Ethereum network? What geographical area are you planning to launch the project in?

Looking forward to seeing more information about this...

PRVD will launch on the Ethereum network.

We are going to announce an interesting airdrop program targeting several large markets in the US and we are open to including additional markets outside of the US if there is sufficient demand. The number of PRVD tokens rewarded will likely increase by a factor of 3 or more if you download and install the app so we can verify you are in one of our initial target markets. Also, we will more than likely extend the opportunity to earn more PRVD tokens if you are responsible for drivers signed up in those markets :)

So basically, when the airdrop begins the process will be:

1) download the app when it becomes available
2) claim your PRVD tokens
3) refer your friends and help us market the app to other riders and drivers to receive even more PRVD tokens during the airdrop/bounty period (again, if they are in one of the markets we are most interested in, there will be a bonus meaning even more PRVD tokens for YOU)

The app will use PRVD tokens as currency to pay drivers for the cost of the fare, based on the market value of the token, but it will be transparent to the users. Drivers can have their fares paid in the currency of their choice and users can pay for rides using the currency of their choice. The PRVD token will be seamlessly managed by the platform underneath.

Follow this thread for updates!

So this is a Decentralized Free Uber or am i getting this wrong?

Drivers have the freedom to set their own rates, starting at a suggested rate based on current market prices as determined by the platform.

Each "ride" (think Uber, when you request a car) is transparently represented on the Ethereum blockchain as a smart contract (transparently created and managed by the platform). Provide will be represented in the smart contract and will receive a small percentage of PRVD tokens. So it is not "Decentralized Free Uber" -- but, it is "Decentralized Transparent Uber" to the extent that the drivers are in control, and 100% transparency is provided on the fee structure.

The app/platform manages the PRVD transfers transparently and the users will be able to transact in the currency of their choice.

Though the idea is not that new anymore, but it has not been implemented successfully yet.
Drivers and commuters will learn how to use then the ETH platform.
I hope this one will not operate only in the US.

How will you solve the practical problem of recruiting a critical mass of drivers to participate? Uber and Lyft spend a ton of money advertising to recruit drivers.

Some proceeds of the ICO will be concentrated in our target markets as needed to recruit drivers. We think targeting Uber and Lyft drivers is a great way to find great drivers :)

So why do you guys need to have PRVD tokens for this to work? Couldn't you make a decentralized Uber type system that is powered by bitcoin transactions instead of making a new token?

PRVD tokens are utility tokens that the platform uses as fuel to power all transactions in the app (the fares paid to drivers are actually paid in the driver's currency off choice as long as its supported). We are planning to support BTC transactions and USD too for that matter-- behind the scenes PRVD tokens are bought and sold on the market as needed.

The reason this is a good fit for blockchain is to enable transparency and dramatically reduce centralization.

Here is one scenario:

Drivers who want to speculate on the price of BTC might elect to be paid in BTC instead of USD. Someone in need of a ride could use a credit card to pay USD into the platform, which will exchange those dollars for PRVD tokens behind the scenes and then exchange those PRVD tokens for BTC on the open market.

 for the future hopefully this project is successfull but I'm waiting for more information about this project,

Where are you planning to focus the launch? Is this going to be primarily in the USA or also in other countries?

NYC, Austin, SF... major tech hubs.

From past experiments it seems there is significant demand for this thing from Uber drivers. They need freedom to run their own businesses...

A draft version of the whitepaper has been published. We look forward to your feedback: https://s3.amazonaws.com/prvd-token/docs/prvd-whitepaper.pdf

Thanks. Also note that the token sale officially begins 9/1 but the contract is able to accept contributions at this time and we intend to announce bounty/airdrop programs shortly that will offer up to 2 million PRVD tokens as a reward for early marketing efforts... stay tuned for those announcements!

Am i the first to read the white paper?   ::)

Good stuff! You gotta also have a strong legal team to deal with insurance claim (if accident happens) and potential lawsuit (if someone got injured or lost something)...

So is there an escrow? Didn't see it in white paper

No escrow, but the coins are not going to be issued and distributed to purchasers until after the sale period (and the tokens are exchange-listed). Essentially, the Ether will sit in the multisig until enough has been raised to proceed AND the token has been exchange-listed to ensure liquidity. At that time, tokens will be minted and issued to purchasers.

There are details related to the mechanics of the token and sale contracts and links to those contracts in the whitepaper.

Thanks for the feedback!

Our ICO has been postponed until September 15th. See our official announcement at https://bitcointalk.org/index.php?topic=2151389.msg21521675#msg21521675 for screenshots and more details. Thanks for your interest!