VITE: A PEER TO PEER RIDE SHARING SERVICE

lelvin (8)in #cryptocurrency • 6 years ago

Vite is a new generation of peer to peer ride sharing service supported by Vitecoin Token. Anyone can order taxis easily utilizing their mobile device easily and conveniently. Concentrating on opening the potential of Africa and emerging cities around the globe with a million populace or more. As existing traditional services treat drivers inadequately and rely on their low incomes to help their business,Vite is circumventing this by offering a model that is commonly beneficial for riders, drivers, and cities involved. Unlike the huge cuts charged by competition, cutting up to a quarter of driver income, Vite drivers keep what they earn, with the catch that 5-10% of their income goes into Vite Impact Fund (VIF), keeping up technological infrastructure of the service and financing social causes. We believe that great associations have to be driven by purpose with the end goal to create a healthy benefit model.

On top of that, Vitecoin will remove the hassle of conveying money, credit card and become the leading advanced currency settlement layer between riders and drivers.

WHY VITE
Competitive Advantage
features
Borderless Payments

A unified currency accepted by all Vite riders and drivers globally, allowing for fast growth across emerging citie

features
Freedom of convenience

Vitecoin removes the hassle

of carrying bulk of cash for payments, as well as credit card limitations and fees.
features
Freedom in data control

Users do not give up their personal data using Vitecoin. There’s no third party data manipulation unlike with credit cards.

TOKENS
Private-Sale & Values

Start

August 20, 2018

Number of tokens for sale

10,000,000 VT(5%)

End

August 31s, 2018

Tokens exchange rate

1 ETH = 10000 VT

Acceptable currencies

ETH

Minimum Contribution

0.5ETH

Token Distribution
chart

Allocation of Funds Priority
chart

Vite App MVP

Vite App, available on android and iOS is a mobile phone application that facilitates peer to peer ridesharing by connecting passengers who need a ride with drivers who have a car at the tap of the button.

The MVP has been successfully beta tested with select customers in the tech savvy island of Mauritius in the indian ocean. Our revolutionary inbuilt Vitecoin payment will be accessible on both rider and driver apps prior to our launch.

Open app( pickup automatically picked)
Enter drop off for fare estimate
Tap to request
Closest driver accepts and comes for pickup
Arrive. Pay with vitecoin or fiat. Rate driver

The Advisors and Early Backers
team

Dr Walter Tonetto
Vice-Chairman of the Global Blockchain Application Research Foundation

Jawad Raja-Azhar
Legal Advisor

Emmanuel Darko
Co-founder and VP of ICO watchlist

Samuel Darko
Technology Entrepreneuram

ROADMAP
The Timeline

With help from our teams, contributors and investors these are the milestones we are looking forward to achieve.
Q1 of 2017

Raised pre-seed funding from local angels.
Q2 of 2017

Development of Vite MVP begins.
Q3 of 2017

Launched a successful private beta with 1000+ customers in Mauritius.
Q3 of 2017

Vite is incorporated in Mauritius.
Q3 of 2018

Vite participated in Aeternity ventures incubator program, Bulgaria.
Q3 of 2018