Driveholic – Worlds first blockchain based escrow secure vehicle marketplace.

Hello to all and welcome to my ICO review . For those of you who don’t know me yet, let me introduce myself. My name is Funke and I’m an experienced writer who enjoys what he does very much. I’m here to give you all the information you might need or want about the new Blockchain based peer-to-peer Social Marketplace for vehicles. I plan to make them “easy read, to the point” because what’s important to me is that we all comprehend and absorb the information and actually want to be here learning together about something new.

Today, let us all learn and experience together all about Driveholic . If you don’t know anything about them, don’t run away, that’s why I’m here, to change that within the next few minutes. Before I begin, I just want to quickly mention that I will be including LINKS so that YOU can do your own research or whatever you feel you need. I feel it’s best to have all of the information in one place, in an organised manner, rather than dotted about the page making what you want hard to find or confusing. All these links will be put at the BOTTOM of this page to keep things easy.

The platform is a decentralized peer-to-peer platform that enables her platform users to buy, sell and auction new and used cars on a global market using cryptocurrencies. DRIVEHOLIC ensures that private and car dealers can purchase , sell and auction new and used cars in a global market via smart contracts with the assurance of a secured payment system and low transactions costs that enables interested participants and potential investors to get exclusive and highly beneficial deals and analysis on deals that favours all parties without discrimination.
Driveholic enables you to purchase, offer and closeout new and utilized autos from merchants and private merchants around the globe in the biggest blockchain based internet business condition. You can pay with digital forms of money for the auto you need with low exchange rates and with the security of a cashless installment process.
Buy your dream car with crypto! Driveholic will probably make a social vehicle commercial center that enables all autos to be executed in crypto without depending on fiat money or farthest point by visitors.

WHAT WILL THIS PROJECT DO?

The project will greatly improve the potentials of the blockchain technology to disrupt the global automobile market. The rate at which the need for a ride is high globally due to stress, it is pertinent to note and agree that 80% of the worlds population want or need a car being it a brand new or used car and that wants also stretches down to different kind of brand(Tesla, Peugeot, etc). Getting a desired automobile might be confusing and expensive as you need to go to a car stand, look for a desired brand, do a thorough check on the car, colour type, etc and a lot of online car auction sites don’t provide payment securities as you might be falling for a scam and even the genuine ones are centralized under authoritative restrictions which opens room for intermediaries and high unneccassary transaction fees. with all the benefits of the blockchain, the automobile market can solve all its problem that hinders the global and regional automobile purchase system thereby setting a pace for full and proper adoption of cryptocurrency to take place.

PEER-TO-PEER.
Through the P2P payment application, each individual’s account is linked to one or more of the user’s bank accounts. When a transaction occurs, the account balance in the application records the transaction and either sends or pulls money directly to the user’s bank account or stores it in the user’s account within the application.
This is the place Blockchain innovation factors in. The P2P market can profit incredibly from executing Blockchain innovation with the goal that no one needs to go out on a limb on, and can rather simply rely upon the nature of the innovation confirming the trust. With the coming of various organizations, the sharing economy really is starting to assume control over the world, yet a few boundaries are keeping it from scaling out in different parts like the auto sharing industry. The world is encountering lower interest for auto proprietorship and a higher interest for auto sharing, however trust has turned into an obstruction to scaling this out. Driveholic utilizes Blockchain innovation to make a social market where purchasers and venders can mutually offer autos utilizing our safe escrow-based framework. The Driveholic stage will enable clients to purchase and offer autos utilizing digital money, without being constrained to monetary forms or geological limits. Because of the decentralized idea of blockchain, Driveholic is a really worldwide stage that is not confined by any geological points of confinement.

BENEFITS OF DRIVEHOLIC

Global Car Market: the blockchain has no global restrictions which enables DRIVEHOLIC to open a global market with peer-to-peer payment capabilities that dispenses all forms of intermediaries and high transaction cost. In the DRIVEHOLIC global market, payments are made through the DRIVEHOLIC smart contracts embedded with an escrow framework that ensures payment security of all parties.

Security: to assure security to all users, DRIVEHOLIC carefully scans and verify all cars and their documents before it is brought to the global market for sale or auction and all car details are stored in the immutable blockchain ledger. The means of smart contract payment has an escrow service that ensures the good conduct of all parties involved in a transactions process.

Instant Payment: on finalizing a car deal, after all escrow conditions are met, payments are sent to the beneficiary account instantly, therefore removing the fear of not receiving a payment.

Peer-to-peer Payment: on registeration , all necessary bank details are submitted and on negotiating the terms of a contract, DRIVEHOLIC account application records and directly pulls the appropriate fees from provided bank account and stores it within the DRIVEHOLIC account as DRHV tokens and on completing the terms, the escrow services withhold these tokens which later pay via a peer-to-peer system which clearly maximises profit and reduces the cost of converting fiat-to-crypto and transaction cost.

In conclusion, Driveholic is a game changer that has come to decentralise the social car marketplace. It is a project that intends to provide social profit for both the cars and the sellers and all trasactions will be visible in the system for credibility and transparency. Holders of the Driveholic tokens stands to gain more, since they will be charged 0% fees in the process of transaction and 0.01% for users of other cryptocurrencies, which is still very negligible. Fee is required to cover the Dapp sever cost which is very low and will hasten all the process.

Useful links:

WEBSITE : https://driveholic.com
MEDIUM: https://medium.com/@driveholic
BTT ANN: https://bitcointalk.org/index.php?topic=4613024.msg41643425
INSTAGRAM : https://www.instagram.com/driveholicsite
TWITTER: https://www.twitter.com/driveholic
TELEGRAM: https://t.me/driveholicchat

Username: funkyies

BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=1971452

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