REVIEW DACSEE ICO

hellenxaveria (-2)(1)in #dacsee • 7 years ago (edited)

Background History of DACSEE Technology
Technology is developed and always evolving, improvements in various aspects of using technology. Sports, Education, Arts, Social Environment, and most human activities are touched by technology. This rapid technological development has penetrated into the travel sharing sector. Technology has touched share of travel because of using the argometer, then the latest developments as internet utilization post and mobile development seem to use smart apps to facilitate passengers and drivers. Further enhancements and development continue to be used to serve better ecosystems, nowadays marked by the emergence of the most advanced technology, Blockchain Technology is able to provide a better environment and ecosystem.

The DACSEE project has been operated by a five-core core team with headquarters in Malaysia, but the network owned by the DACSEE project team is extensive across Southeast Asia such as Thailand and Indonesia and even sees the flags of Japan and South Korea on its website. The DACSEE Project Team has started projects from 2016 from idea review, drafting and development to test execution until the first quarter of 2018 has been achieved product development. This project actually started 14 months ago and is now in the process of refining the system and its products only.

What is DACSEE?

DACSEE is a travel platform aimed at destroying today's travel ecosystem, including taxis and services such as Uber or Lyft. Developers are confident that their decentralized platform will be very successful and will be able to make significant changes to an outdated system.
DACSEE aims to solve important issues with today's travel sharing platform, including passenger security and loyalty. To address this issue, DACSEE will create a platform for data exchange in a decentralized environment. Drivers will be able to receive a steady income through platforms thanks to functionality built in MLM style. For example, a three-level referral system, drivers can expect to receive good prizes on the DACSEE platform. To be part of a bonus program - it's enough just to attract other drivers interested in working with DACSEE.

The way DACSEE works as a created innovation is focused mostly on the Circle of Friends (COF) Bonus Pool system to achieve accountability and security by verifying drivers through novels that allow senior drivers to create network of another driver community as well as its passengers and then senior drivers will be given passive bonuses for the participation over time, not just a recommendation bonus that is only given once when registering another driver recommended by the senior driver. This COF Participation Bonus Pool system inside DACSEE platform truly allows drivers to build their own community network, to build highly sustainable for the long term. This is the form of empowerment of individual passengers and drivers to propel the growth of the DACSEE platform, it will consolidate the fees into a pool aforesaid as COF Participation Bonus Pool. The platform then shares bonuses from the COF Pool based on 5 main criteria:

Circle of Friends pool / community network size
Number of rides within the participants in Circle of Friends
Seniority in the platform
Community ratings
Proof-Of-Stake – Withholding period of the bonuses
Below is the scheme presented for COF Participation Bonus Pool:

Feactures

A. Decentralized Ride Monitoring Network
This feature created to provide security and safety to both drivers and passengers inside the vehicle, as one of the key security feature to monitor of other cars nearby to ensure that some form of tracking is made by the network that has been previously permitted by the driver continuously. Another in-built security feature is the anonymous, scrambled monitoring of the microphone which is just able to monitor audio levels to detect a scream inside the vehicle.

B. Saved Drivers List for P2P Experience
Passengers will be able to use the platform to save lists of their favourite or most trusted drivers, enabling them to be able to pick and book their favourite drivers for scheduled or last-minute rides.

C. Sustainable Passive Bonus Income
Drivers using the DACSEE platform will be able to build and foster the growth of their own fleet of drivers to be added to COF network, thus collectively increasing the driver's bonus from Pool C.O.F. as the empowerment of all drivers in DACSEE to get into the business themselves..

D. Transferable and Inheritable Taxi Businesses
All form of participations and customer bases will be transferrable to other verified drivers on the network, including friends, family and heirs. In addition, this transferrable option would allow drivers to sell their businesses if they chose to do so.

To realize the concept above, DACSEE team has actually implemented several steps until this article written, even as a whole there are several steps of implementation in the following phases:

Phase 1 Working Prototype - Initial Application - Ethereum Token Integration & Implementation
The iOS and Android mobile applications of the fiat version have been completed and are available for testing already

Phase 2 Driver and Passenger Recruitment Drive - Updated App Implementation – Marketing
Before the network goes live, all interested drivers and passengers can refer others to the platform and claim them in their Circle Of Friends network.

Phase 3 3rd Party – On and off-boarding Integration – Live Software Launch - Driver Fare & Participation Bonus

Initially, a total of 3 billion DACSEE tokens will be pre-mined on the Ethereum network, on October 3rd, 2017, with 18 decimal places of divisibility and the total token amount being fixed permanently. There are to be three official token-based funding rounds for this project, after which time no further DACSEE tokens will be available for purchase at initial sale prices, meaning DACSEE tokens may be purchased only at exchanges in the future and at future market rates.