Sometimes I see questions like does Doft need a license of a freight broker.

The answer is no.

Doft is not a broker - Doft is a marketplace.

The difference is that the broker is involved into the cashflow between the shipper and the carrier. He receives the payment from the shipper, cuts his commission and pays the carrier. That is why he needs the license from FMCSA and a surety bond.

Doft is not involved into the cashflow. Doft factors the payments. What does it mean? Usually the shippers and the brokers pay drivers 15 to 60 days after the shipment is done. Some brokers can offer quickpay at an additional fee. Doft makes the payment right after the shipment is completed and the POD is received. Then Doft collects the payment from the shipper. Still Doft doesn't cut the commission. Doft has a fixed service fee.

Broker decides whether to work or not to work with each particular carrier. He does the complete carrier's safety checkup. And if something goes wrong he can be accused in negligent carrier acquisition.

Doft does the complete carrier checkup before any motor carrier is assigned, but it is the shipper who decides whether to work with each particular carrier or not to work.

That is the difference.

1 What do you call "scrap from the old system"?

Sure the loads will never appear from nowhere - yes we accept loads from the old - school shippers. What is innovative in our project, you may ask.
a - The direct load publishing. The Info regarding the loads goes straight to the truck drivers.
b - Realtime tracking system for the shippers.
c - Prediction system for the drivers, which is able to offer a backhaul from any part of the country short after the load is accepted.

2 What do you mean when you say we do not solve problems?
a - There is a problem - Brokers and shippers pay 14 to 60 days from the delivery date. They ask a fee for a Quickpay. We pay 24 hours after the load is delivered with no additional charge.
b - There is a problem - Drivers move empty about 30% of their time. We solve this problem by offering backhaul loads.
c - There is a problem of unscheduled shipments for the manufacturers, or so called HOT loads for the Brokers. Our service is on demand and it sure helps to solve this problem.
d - We also save time for both parties - and that means we are more effective. This saves money.

Why do we launch our cryptocurrency?

a - It will help us grow. I mean scaling to Canada and Mexico and so on.
b - It will help to save on banking commissions.
c - It will increase the transaction speed.


Sure, it is for you to decide, whether to contribute to Doft or not.
Doft is a company with the real-estate background, so Doftcoin will be backed by our services.