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Drivecoin

Drive Coin is a token-based incentive system designed to alleviate traffic congestion in Bangkok.

Drivecoin

Created At

ETHGlobal Bangkok

Winner of

Bitkub - Best dApp on Bitkub Chain 2nd place

Project Description

By rewarding users for adopting sustainable travel behaviors, Drive Coin encourages off-peak travel and alternative routes, reducing peak-time traffic loads and fostering a healthier urban environment.

Drive coin comes with the following features

  • Dynamic Pricing/Reward System Adjusts token rewards based on real-time traffic conditions, encouraging flexible commuting patterns and reducing peak congestion.
  • Token Incentives for Early Adoption Higher rewards are issued to early participants, driving user growth and establishing sustainable commuting habits.
  • Integration with Bitkub Next Utilizes Bitkub Next ID for seamless onboarding, allowing non-Web3 users to participate and access their token rewards securely.

How it's Made

This project is an innovative blueprint for the future of Bangkok's traffic systems. It includes a brief overview of the codes (smart contracts). Still, the concept and coordination with local people, and business entities such as buses, taxis, and transportation apps like Grab are more important.

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