Raised USD$25
Million, Innovative Community-Based Platform Disrupts Ride-Hailing Industry
DACSEE (Decentralized Alternative Cabs Serving & Empowering Everyone), the world’s
first decentralized community-run, ride-hailing platform, today announced the
launch of its mobile application ‘DACSEE’ debuting in Malaysia. DACSEE is a
community-run, ride-hailing platform that facilitates relationships between
drivers and passengers, and empowers users by giving them more choice, freedom,
and sustainable multi-revenue channels.
DACSEE is now
available for users in Malaysia to download and use the application in the
Google Play store today and iOS App store April 27. In the months that follow
the application will be rolled out throughout Asian markets including
Indonesia, Thailand, and China.
DACSEE will
announce the presentation at the d10e Tokyo, the leading conference on
decentralization that explores the future of fintech, blockchain, sharing
economy, future of work and disruptive culture.
The presentation
will outline DACSEE’s revolutionary business model and next-generation
technology which effectively eliminate middlemen fees and return more value to
its community of users. Even before the application was released more than
30,000 drivers had already signed up throughout Asia.
The beta version of
the application was successfully tested in Kuala Lumpur using a designated pool
of drivers and passengers and allowed drivers to review bookings, create
connections, and add passengers to their network via the ‘Circle of Friends’
feature. Passengers were able to select their preferred driver, or request
rides from friends via their circle of friends.
“The DACSEE model
respects the special interests of the drivers, passengers and local authorities
who comprise the platform, I believe that DACSEE has the ability to expand
organically as its user base grows domestically and internationally.” said Lim
Chiew Shan, Founder and CEO of DACSEE.
In many countries
such as Malaysia, fares have remained stagnant for many years and drivers have
struggled to make an honest living as the cost of living continues to rise. The
new DACSEE mobile app will now be beneficial to the wider community by:
- Eliminating middlemen fee and giving it back to the community
: Whereas current
ride-hailing platforms take their commission to pay for overhead and
shareholders, DACSEE’s peer-to-peer system redistributes its platform
commission to the drivers,
passengers, and local authorities that make-up the DACSEE platform via its
Circle of Friends Pool; - Empowering the community via the ‘Circle of Friends’ Pool
: All commission taken from a DACSEE fare will be deposited in this
shared pool and then redistributed to stakeholders according to the following
four metrics including community ranking, length of time on platform, number of
rides taken or given on platform, size of ‘Circle of Friends’; - Making transactions transparent and visible
:
Built using blockchain technology, information is recorded clearly for all
stakeholders including drivers, passengers and authorities; - Fostering local and government partnerships
: The DACSEE platform believes in
developing strong partnerships and only operates in jurisdictions where it is
welcomed to do so in partnership with local government.
The DACSEE mobile
application utilized blockchain and decentralization to create a platform that
is driver-centric, authority friendly, and provides passengers with the best
user experience possible. To date, DACSEE has successfully raised over 25
million USD from its private and public sales, the latter which was launched in
December 2017.
To download the DACSEE mobile application:
To download images and assets of the DACSEE
app:
For more information about DACSEE, please
visit: https://dacsee.io.
To register as part of the DACSEE community,
register here: https://dacsee.com/#/register.
Join the conversations on DACSEE’s social
channels today:
Facebook: https://www.facebook.com/dacsee.official/
Instagram: https://www.instagram.com/dacsee_official/
Telegram: https://t.me/DACSEE
About
DACSEE
The DACSEE platform
(“Decentralized Alternative Cabs Serving & Empowering Everyone”)
is the world’s first fully decentralized and autonomous social ride-sharing
service. DACSEE drivers purchase DACSEE Coin but may accept fares from
passengers with any traditional fiat method. When a fare is collected, almost
all of it is returned to the platform stakeholders which consists of drivers,
passengers and government authorities. This unique design enables DACSEE to
expand virally without assistance or control from any corporate entity. The
peer-to-peer payment methods and ability for drivers to use the platform to
foster their own income-producing Circle of Friends™ of drivers allows DACSEE
to spread autonomously into new markets around the world, disrupting the
current ride-hailing landscape.
