DRIVEZ AMA – CRYPTOTITANS

we hosted an amazing AMA with DRIVEZ on the 22th of June

And here we will put some of the best questions:

Q1. Can you please introduce yourself and DRIVEZ’s team ?

Shine:
I’m Shine Do, Founder & CEO of DRIVEZ.

Tada:
I’m Tada, Co-Founder, CSO & CMO of DRIVEZ. Nice to meet the you guys here today.

Shine:
The DRIVEZ team consists of full-time senior blockchain developers, automobile industry experts, and finance experts working on developing an entirely professional and easy-to-use application.

Q2. Can you introduce the DRIVEZ project ?

Shine:
Besides, we have a world-class marketing team executing result-driven efforts to build and sustain user interest in DRIVEZ app. I’m genuinely excited to be working with this team and feel proud about what we’ve built and will build in the upcoming months.

DRIVEZ is a Web 3.0 lifestyle application and the first NFT DAO mixed up with GameFi and CommunityFi.

DRIVEZ’s solution is to make your boring commuting become an enjoyable and effortless earning moment.

DRIVEZ is not encouraging users to drive more (and producing more emissions in the progress), but we’ve found a way to make your daily driving valuable and use it to fight against air pollution and plant new trees around the world.

Our mission: Turning boring daily commuting into valuable earnings and joining hands to make our world greener!

Tada:
To easy understanding, kindly refer to the images below:

Q3. Please share with us information about Tokenomics of DRIVEZ and initial market capitalization when listing ?

Tada:
That’s a good question!

There are 2 kinds of token in DRIVEZ:

The first one is DRIV Token, which is the Governance Token.

Token type: Utility & Governance

Total supply: 1,000,000,000 DRIV

Blockchain network: BNB Chain (BEP20)

you guys can refer to the source of token on the left and the use cases of token in the right on the image below:

The second token is INCO, which is the token In-App, mostly used for upgrading cars, buying items, paying gasoline, repairing fees..

Token type: In-App token

Total supply: unlimited

Blockchain network: BNB Chain (BEP20)

Here is the use cases of INCO

Both 2 tokens will be listed on chain on top tier DEX and CEX as well 👌🏻

initial market cap when listing is approximately: $371,875, small cap guys.

Q4. NFT plays an important role in Move to Earn, NFT gives investment opportunities to investors. Can you show us some NFTs and what benefits they will bring to owners ?

Shine:
There are 5 kinds of NFTs in DRIVEZ: Cars, Lands, Parts, Boosters and Mirrors, all are built on the latest NFT technology ERC1155.

Only 50.000 limited car NFTs will be minted by the DRIVEZ team. We give the rights to the community to create future vehicles.

Our unique Mirroring mechanism, it is the revolution of minting and breeding and reducing inflation. There are 8 mirroring seasons/ day and it requires 7 days to receive the car after a successful mirrored car season.

basically Mirroring & NFT DAO is a very special mechanism invented by DRIVEZ team to find the way reducing the inflation of NFT which a pain point of xxx-to-earn

Tada:
This slide will show how mirroring works:

Shine:
NFT cars: to start earning in DRIVEZ APP, users have to own NFT cars and move outdoors. Created by experienced artists and AI technology, each car is unique, and has different metrics and ways of earning based on the real behavior of the car.

There are 24 models in 6 segments: SEDAN, SUV, HATCHBACK, PICKUP, MPV, SUPERCAR.

5 levels of Rarity : Common, Executive, Full-size Luxury, superior, HyperCar

NFT Rarity Ratio: Common (70%), Executive (15,5%), Full-size Luxury (9,5%), Superior (4,5%), HyperCar(0,5%)

Car classification: Sedan (23%), SUV (26%), Hatchback (21%), Pickup (15%), MPV (13%), SuperCar (2%)

Tada:
We proudly say that we have very good NFT cars designed by artists in the USA. Here are some pictures of the car NFT:

all 30.000 cars will be different and there will be no 2 cars exactly the same!

our dev team using AI to generate cars NFT

Shine:
NFT PARTS: Parts are a car’s special elements that can be used in upgrading (tuning) that car for better metrics , then improving car earning performance.
There are 4 types of parts that can be used for tuning: Gas tank, Engine, Care Pack, Mascot

NFT BOOSTER: Booster is a quick and cheap way to boost a car’s metrics, then improve car earning performance.
There are 4 booster slots in each car. Boosters are only effective for 24 hours.

There are 4 kinds of boosters : ECO, COMFORT, LUCK, EXT

NFT LAND: Users having lands can build their gas station or garage and start selling gasoline or repair vehicles for other users. The total earnings from selling gasoline and repairing vehicles will be divided to all gas station owners and garage owners. This is a way to have passive income and become a monopoly in DRIVEZ.

Q5. Every day, many projects are born following the trend of GAMEFI, MOVE2EARN, AND PLAY2EARN. So what are outstanding features of DRIVEZ compared to other projects?

Tada:
That’s an interesting question, I think a lot of investors will care about it!!!

We strongly believe that we are on the right track with the big trend. However, DRIVEZ has a big difference and brings many benefits to Investors such as:

Web 3.0 Lifestyle Application and the first NFT DAO mixed up with GameFi and CommunityFi.
Effortless earning makes your daily boring commuting become profitable and passive earning.
Only 50.000 limited car NFTs and a rich NFT library of parts, boosters & lands will be minted by the DRIVEZ team. We give the rights to the community to create future vehicles.
NFT DAO and NFT Anti-Inflation through the disruptive technology called MIRRORING
Auto-Balance & Anti-Inflation Control System and On-Demand Reward Distribution System will control the reward distribution process, along with the burning mechanism to reduce the inflation of Tokens $DRIV & $INCO
Seamlessly In-App experiences with the In-App Marketplace and Wallet, Dapp integrated soon.

Last but not least

7 We aim to build up a community social network to make the world better.

Together, we contribute partial profits to defense against the air pollution emission. We have plans to work with an environmental organization worldwide to plant trees all over the world.

Let’s join hands with us to make a better world ❤️

And here we will put best questions from our members and DRIVEZ fans:

Q1. Please share with us what are you currently working on and can you describe your future roadmap?

Shine:
We have successfully raised the fund from 4 VCs. (the name of VCs will be revealed soon)

Launched website, beta testnet DRIVEZ app, marketplace & development

We have done the last step for the public testnet . Everyone can join, test the DRIVEZ APP with full features and earn the test token $tDRIV and have a chance to convert $tDRIV into $DRIV. Conversion rate and conditions will be announced later.

Growth community : +50k members on telegram, +20k Twitter followers,

Large network of partners: GameStarter, Daostarter, MarsPad, TrustFi, Avatar Dao, GamerHub, K24 Ventures, GameOn, Warppipe, SolidProof, etc.

Here is our roadmap :

We continuously update the milestones and new features of DRIVEZ on our official channels. Stay tuned!

Q2. The biggest pain-point of GameFi and Move-To-Earn projects is the inflation in terms of NFTs. How will you solve this issue?

Shine:
We have seen this problem with the GameFi & Move-To-Earn projects since the beginning.
NFTs are inflated because the project owners release continuously, and there is no limit on the number of issues. Therefore, NFTs do not bring much value in terms of practical application. In addition, most project owners currently do not have a burn plan to reduce the supply in the market. This leads to a decline in the value of NFTs and inflation.

The goal of DRIVEZ is to bring the best benefits to investors, so we have come up with a solution for investors to benefit when owning DRIVE’s NFTs.

Mirroring mechanism : a unique mechanism of DRIVEZ to mint a new vehicle. Every day there are 8 mirroring seasons (3 hours each season). Users who want to mirror a new car must join the mirroring season before it starts, and during these 3 hours of mirroring season, the cars will be locked in the Mirroring tab. Users who have successfully minted a new vehicle must wait 7 days to receive the car. The speed of minting new cars is controlled, consistently lower than the speed of new users, to keep NFT’s value and remove inflation.

Only 50.000 limited car NFTs and a rich NFT library of parts, boosters & lands will be minted by DRIVEZ team during the lifecycle of the project. In 2022, only 30,000 mystery Carbox will be sold on the market. 20,000 of which would be special NFTs for co-producing with artists & automobile manufacturers, and leading transportation corporations

Auto-Balance & Anti-Inflation Control System (ACCS) is a control system invented by the experts of DRIVEZ. This system controls the reward distribution process to reduce inflation of Token (DRIV & INCO) and NFT (via NFT DAO).

Q3. What is your go – to – market strategy to spread DRIVEZ to your targeted users?

Tada:
It’s an important question, I strongly believe a lot of investors here want to know about it

DRIVEZ will target 2 main markets:

The first market is: Europe – America, directly Uber drivers, driving technology cars, as a solution to increase their income in the context of a difficult economy.

Also, we target those who want to store and own NFT, DRIVEZ is confident to have a very beautiful and attractive NFT system, especially when combined with artists and car manufacturers to launch sets.

Let’s imagine we cooperate with famous artists like 50 cents and have the car designed by him? And only 100 cars are limited?

It will be big things for his fans and the one who want to collect special NFT!

The second market and very important market is Asian market – Vietnam, Indonesia, Philippines, Korea, who have a high level of awareness in cryptocurrencies.

We are running a Free-Drive-To-Earn campaign (now opening for registration) for users to try. This is one of our strategies to acquire new users because there would be a chance to convert test token to real token after the event ended.

@DriveZapp public testnet NOW live. Download DRIVEZ app and start earning $tDRIV and chance to convert them into $DRIV.

Join NOW:
– For Android: https://t.co/3Ro3NfTlDD
– For iOS: https://t.co/2hnOqCi92v

More detail: [https://t.co/zC4XaTjv4a]#DRIV #Drive2Earn #Testnet pic.twitter.com/vsOpeEUUkh
— DRIVEZ.APP | New NFT Collection (@DrivezApp) June 17, 2022

Various marketing resources will be conducted in the three different stages: early adopters, users, and promoters. Early crypto investors get to know DRIVEZ through airdrop campaign, crypto KOLs, well-known crypto game newspapers and platforms advertising, and investment communities with whom we tie the partnership.

In addition, we will create hype from NFTs/Move -to-Earn communities through our upcoming IDO/ IHO and INO which has huge members in their communities!

To expand the number of users and make them loyal, we will be promoting through NFTs/ land marketplace, to boost their profits. In parallel, we attract traditional drivers such as Grab, Uber, GoJek…through our offline campaigns.

And also the referral and ambassador programs will be launched to encourage the users to spread DRIVEZ all over the world.

Q4. What is your plan in next month?

Shine:
The months of June & July marks a first blooming of DRIVEZ. We will run the massive big events to introduce DRIVEZ to the large community worldwide through our public testnet, IHO and our INO.

a/ Public testnet
This June, we will run a free drive-to-earn campaign for users to try (now opening for registration, please join with us now https://twitter.com/DrivezApp/status/1537843075946774530?s=20&t=EOufm6IsfjOmBgbvhOprew ) with the ambition of acquiring 30k active users . To celebrate this historic event, we host a series of exciting activities with epic rewards. The detail is below:

https://t.me/CryptoTiTans0/3945763

🏵PUBLIC TESTNET NOW LIVE– A UNIQUE CHANCE TO EARN $DRIV! 🔥

We are fascinated to announce that the public testnet is now open. Hurry up to download DRIVEZ app, start earning $tDRIV, and have an opportunity to convert them into $DRIV.

💎 Join NOW: iOS I Android

🌝 Public Testnet time: 17:00 UTC I June 17th – July 6th, 2022

What’s hot?
🎯Testers have early access to DRIVEZ app with full features.
🎯Tester will receive 2 test NFTs to start earning $tDRIV and can convert $tDRIV into $DRIV. The conversion rate and conditions will be announced soon.
🎯A Three-level referral program facilitates your earnings
🎯Testers will also be eligible to participate in a series of activities with epic rewards

👉How to join & more detail:
https://drivez.medium.com/drivezs-public-testnet-overview-unique-chance-to-earn-driv-d7f273f1c54b

🎯 NOTE:

Test NFTs will be reset when the event ends
Due to the high number of new user registration on the DRIVEZ app, the OTP code will send to your email within 3-5 minutes.

b/ IHO on our website.
Participants have the opportunity to buy Tokens at the earliest stage and can earn profit for your investment right after listing.
We will open the whitelist registration for the public and will announce it on our official social channels soon.

c/ INO
DRIVEZ team issues only 50,000 NFT for the lifetime circle of the Project. In 2022, only 30,000 NFTs will be sold in the Marketplace. All participants have the same ratio of opening rare vehicle.

IHO 01:
· Time: 01/07/2022
· Amount of tokens: 10,000,000 DRIV
· Token price: $0.025/ DRIV
· Where to buy: DRIVEZ official website
· Personal cap: Min. 100 BUSD

IHO 02:
· Time: 03/07/2022
· Amount of tokens: 20,000,000 DRIV
· Token price: $0.028/ DRIV
· Where to buy: DRIVEZ official website
· Personal cap: min 100 BUSD

IHO 3:
· Time: 08/07/2022
· Amount of tokens: 15,000,000 DRIV
· Token price: $0.03/ DRIV
· Where to buy: DRIVEZ official website
· Personal cap: min 100 BUSD

INO 01:
Date : 13/07/2022
Number of boxes: 2000 mystery boxes
Price: $500/ box

INO 2:
Date : 15/07/2022
Number of boxes: 3000 mystery boxes
Price: $500/ box

INO 3:
Date : 20/07/2022
Number of boxes: 5000 mystery boxes
Price: $500/ box

Q5. Can you share the detail activities that participants can join during the plublic testnet?

Tada:
at the same time of public testnet, we are running a lot of events for the community to join

https://t.me/CryptoTiTans0/3945781

🔥 BECOME TOP REFERRERS – 10 NFT CARS GIVEAWAY 🚘🚖

We are hosting the first NFT giveaways for the top-performing referrers. The more friends you refer, the higher reward you receive.

🔮 Join NOW: iOS I Android

⏰ Time: 17:00 UTC I June 17th – July 6th, 2022

🎁 Reward pool: 10 NFT Cars for the top 10 referrers who invite the most friends to download the DRIVEZ application
Top 1: 1 NFT Superior Car
Top 2: 1 NFT MPV Car
Top 3: 1 NFT Pickup Car
Top 4: 1 NFT Hatchback Car
Top 5: 1 NFT SUV Car
Top 6-10: 1 NFT Sedan Car for each

🤔 How to get the referral link ? 👉 Get the referral code/ link in your profile and share it with your friends.

🎯 Note:

Your invited friends have successfully downloaded the app. The earning will be kick-off when vehicles reach 20 km/ h for the first time on the trip.
If You use the advantage of a bug, your account will be suspended.

https://t.me/CryptoTiTans0/3945783

🌈 SPECIAL BUG BOUNTY PROGRAM – $1000 REWARD 🔥🔥🔥

The special Bug Bounty program will reward the top-performing bug researchers in the DRIVEZ public testnet. The program will help improve the user experience and security of the DRIVEZ system.

🔮 Join NOW: iOS I Android

⏰ Time: 17:00 UTC I June 17th – July 6th, 2022

🤑 Reward pool: $1000 for the top 10 contributors. 🤑
*Equivalent value rewards include 50% USDT + 50% DRIV

🎮 Rules:

1️⃣ Reported bugs are only qualified if they are system errors. User errors will not be counted as eligible bugs.
2️⃣ In the case of multiple reports of the same bugs, we will only reward the contributor who submits the most qualitative and earliest report.
3️⃣ Rewards will be issued within 14 days after the program ends.
4️⃣ Submit bugs in this FORM

https://t.me/CryptoTiTans0/3945784

✏️ CONTENT CREATION CONTEST – 1550$ REWARD ✍️

We are excited to invite all DRIVEZ’s community members who love creating content to join the campaign and share a 1550$ reward

⏰ Time: 17:00 UTC I June 17th – July 6th, 2022

🎁 Reward pool: 1550$ (Equivalent value rewards include 50% USDT + 50% DRIV) for 10 qualitative videos with the highest number of viewers

Top 1 : $300
Top 2 : $200
Top 3 -10: $150

🎮 Rules and conditions:
· The video duration is not over 30 minutes.
· Participants have to share their videos on any social channel including but not limited to YouTube, TikTok, Facebook, Twitter, Instagram, VK, etc,… with Hashtag #DRIVEZ #Drive2Earn #Testnet,

Share the announcement article about DRIVEZ Content Creation on their social channels.
Fill out this FORM 🔮 More detail: https://drivez.medium.com/drivezs-public-testnet-overview-unique-chance-to-earn-driv-d7f273f1c54b

We want to make the community always hot with DRIVEZ project, and there will be some interesting events to come. Let’s support us!

Q6. Shine:
What are the benefits of public testnet?

Justin:
🎯Testers have early access to DRIVEZ app with full features.
🎯Tester will receive 2 test NFTs to start earning $tDRIV and can convert $tDRIV into $DRIV. The conversion rate and conditions will be announced soon.
🎯A Three-level referral program facilitates your earnings
🎯Testers will also be eligible to participate in a series of activities with epic rewards

Q7. Tada:
Mention the name of 2 DRIVEZ tokens ? What are they total supply and what is the initial market cap?

Troy:
DRIV, Utility & Governance, Total supply: 1,000,000,000 DRIV , INCO, In-App token, Total supply: Unlimited, initial market cap when listing is approximately: $371,875

Q8. Shine:
List the NFT categories in DRIVEZ ecosystem?

Jaki:
There are 5 kinds of NFTs in DRIVEZ: Cars, Lands, Parts, Boosters and Mirrors, all are built on the latest NFT technology ERC1155.

Q9. Shine:
What is big events in next month?

Andrew:
.