DRIVENN

Born to ride, Ride to Earn

With the development of Web3 via blockchain technology in the last few years, we have witnessed a growth in the number of crypto gaming projects. As many metaverse gaming crypto projects allow players to monetize their experience, investors are looking for the best GameFi crypto tokens to trade.

Blockchain-based game projects offer players incentives in the form of in-game earnings and rewards. These rewards can come in the form of cryptocurrencies, tradable NFT avatars, and more. By leveraging blockchain technology, developers can provide a more secure and trustless environment for players to earn rewards.

Our goal at Dojima Network is to provide a supportive environment for developers to think of new ideas and experiment with building new products on the Dojima cross-chain platform. We do this by onboarding teams of talented developers through our series of hackathons. For example, Team Drivenn, who presented their awesome project during our last IIT Delhi Hackathon.

ABOUT DRIVENN PROJECT

Drivenn is a web3 lifestyle app that rewards users for movement, users equipped with Drivenn NFTs can earn by cycling and driving.

---

Drivenn is a straightforward user-friendly app, users can purchase or rent the NFT of a specific vehicle and then earn loyalty points for reaching certain milestones.

The loyalty points can be exchanged for Drivenn cryptocurrency or used to upgrade the NFTs.

The vehicle and it’s level determine how many loyalty points are awarded.

On the Drivenn marketplace, the user can also choose to sell his enhanced NFTs, similarly, users can also buy the upgraded NFT or even rent it.

PROBLEM OBSERVED

Crashes come at a cost of $518b USD per year to the global economy.

Drivers are held responsible for 78.4% of accidents.

Indian GDP takes a 3% hit every year due to road accidents. Equivalent to over $58b in value terms, a UN study has found.

Approximately 1.3 million people die in road crashes each year, an average of 3700 people lose their lives every day on the roads, and an additional 20-50 million suffer non-fatal injuries resulting in long-term disabilities.

Drivenn project is looking to change these narratives by leveraging Dojima Network to provide a decentralized platform that enables users to actively participate and earn rewards.

With the Drivenn app, Users can experience gaming in the physical world while simultaneously earning in digital assets.

It will motivate people to use electronic vehicles. Electric vehicles (EVs) are poised to play a critical role in the push for a more environmentally sustainable transportation system and also encourage people to drive at safer speeds on roads.

Drivenn platform rewards people for their good behaviour on roads, with the use of web3 and it’s gaming technology.

DRIVENN REWARD SYSTEM

Drivenn implemented a reward system where users can receive and redeem loyalty tokens. After every 4 hours, following each period of 10 minutes, the user will receive one loyalty point, which will then be reduced to 95% of it’s original value. The value for the first 10 minutes will be reduced to 50% once our app reaches 1 core user and it will then continue to decline based on the user base.

This has been done to regulate the supply of tokens so that the value of a token is maintained and the excitement prevails in users.

TRACTION

Drivenn provides an opportunity for users to customize their vehicle Nfts according to their interests, i.e. a user can prepare his/her vehicle NFT by merging NFTs of component vehicles and loyalty points will be rewarded accordingly.

Similarly, a user can upgrade his/her NFT by merging a component NFT with vehicle NFT

DRIVENN TOKENOMICS

DGT (DRIVEN GAME TOKEN)

DGT is a utility token used to pay out in-app rewards.

The token has an unlimited supply but is burned whenever an NFT is minted, repaired and upgraded.

DAT (DRIVEN ADMINISTRATIVE TOKEN)

DAT is a driven government token and primary store of value for driven investors.

While rewards are primarily paid out in DGT, users with higher level NFTs and above, as well as certain other parameters, can earn rewards in DAT.

NFT USE CASES

In service stations, Drivenn NFT holders will receive a discount on maintenance costs.

NFT holders using electric vehicles will be awarded more discounts.

NFT holders can buy vehicle component grid accessories at discount rates to discounts according to the pricing of NFT and table cost payable.

NFT holders will be awarded discounts on petrol, diesel, gas station and Ev charging point i.e discounts will be according to the pricing of NFT and the total cost payable.

DRIVENN BUSINESS MODEL

Drivenn’s strategic plan intended for identifying sources of revenue and financing includes the following:

Marketplace activities Fees.(selling NFTs, pricing based upon properties of NFTs.

NFT Minting Fees. (When a user sells his/her upgraded NFT in the marketplace Minting Fees will be charged).

Fees for In_App Activities. (Breeding of NFTs).

Rental System. (Users can even rent NFTs).

Marketing Fees. (In future, Community Forms can be used for Advertising).

Registration Fees for participating in challenges.

DRIVENN MARKETING STRATEGY

The Drivenn team has devised the following marketing plan for reaching prospective consumers in the gaming industry and turning them into customers of their products/services.

Drivenn will collaborate with service stations like Gomechanic, where related maintenance activities are done.

To tie with car and motorcycle showrooms, vehicle buying platforms like spinny, droom, cardekho, cars24, Bikedekho etc. to increase the number of users.

More focus for growth will be through capturing the users of established companies in one or in another way.

Minimum viable product

Driven aims to create a flutter app that takes in cycle NFT from the forefront and rewards users accordingly.

At the initial level, it is planned to be launched across colleges in Delhi with the help of student communities.

Initial features will be cycle NFTs with upgradation qualities.

https://kalevaibhav2903.wixsite.com/drivennn

Future plans

Firstly, The Drivenn Team aims at releasing components of NFTs where users can design their own or upgrade the present one through the breeding of NFTs.

Secondly, To release NFTs under the logo of giant vehicle market companies such as TATA, naruto, hero etc. and also the component NFT MRF (tyres), HP (fuel) etc. By collaborating with them.