[ANN][RMC]Ride My Car / Ride Share / Carpooling - page 24.

DannyDisco

sr. member

Activity: 322

Merit: 250

Quote from: loncryp on September 26, 2016, 11:49:44 PM

I'm not so interested in another Uber honestly. But for the sake of discussion, I would say that another model might work in regular bookings of trips.

Think about it, when someone needs to make the same journey regularly, they would normally take public transport, or drive their own car. Now you can find someone who takes the same journey and book them regularly.

Yeah OP seens to be taking another route with some sustainable ideas. Hopefully will be able to build rapport with other commuters. Maybe a social platform or forum would be cool??

loncryp

newbie

Activity: 40

Merit: 0

I'm not so interested in another Uber honestly. But for the sake of discussion, I would say that another model might work in regular bookings of trips.

Think about it, when someone needs to make the same journey regularly, they would normally take public transport, or drive their own car. Now you can find someone who takes the same journey and book them regularly.

cryptor0th

full member

Activity: 218

Merit: 100

Quote from: cryptor0th on September 26, 2016, 07:40:07 AM

Quote from: CoinBateman on September 25, 2016, 07:59:58 PM

Quote from: cryptor0th on September 24, 2016, 07:34:02 AM

Just offering my 2 cents from a business POV

The success of this coin depends on a number of factors.
Lets break them down for the sake of constructive criticism and a mutual interest in economics.

Your coin will be able to attain scale only if individuals switch to using your monetary system as a means to accept and give payments for rides.
Existing players like uber, lyft, didi possess a massive monopoly in global markets and have been able to invest billions towards keeping away activities from unions and the likes. While ride sharing as a concept is fairly interesting - it includes changing the behavior of possible users. Now take into context the fact that uber is about to release self driving cars and we are increasingly moving towards machine to machine payments.

The total user base for your coin will rely on

-Those using crypto
-The fraction of people using crypto knowing your coin
-The fraction of people using crypto knowing your coin with other ride shares around / drivers willing to take the coin
-The fraction of people using the crypto knowing your coin with other ride shares around / drivers willing to take the coin with access to a wallet and coin of some value.

That, is a very small market. And unless and until you have atleast a couple million dollars to invest into acquiring users, those buying this token are going to end up sitting on another bunch of tokens that can neither be used for ride shares nor be traded.

Sorry, I do not mean to bash on you but do re think your strategy.
Feel free to PM me if you'd like to discuss this further.

Good analysis, you have a good grasp of the economics of business.

It's scary to think that other rideshare businesses have basically been burning cash continuously in an effort to reach mass adoption. You do have very good points here..

Thank you for the kind words Sir.
@OP - can you please explain what's going ?

Reposting.

Zubilica

hero member

Activity: 837

Merit: 1000

Quote from: Melds on September 26, 2016, 11:31:09 PM

Quote from: mruiter on September 26, 2016, 11:22:59 PM

Quote from: yuriygeorge on September 26, 2016, 11:12:43 PM

Quote from: Brosoni on September 26, 2016, 11:07:23 PM

Quote from: DannyDisco on September 26, 2016, 11:03:11 PM

There's actually a really hot market right now for straight up drivers.

For people who drive their car out and then drink alcohol, you can find people who are able to drive you in your car, back to your place. I would actually use this.. maybe you can look into this?

your right the drivers could do very well on a friday and saturday night!

I second this, I would use this too. The number of times I want to drink but can't because I gotta drive my car home.

Obviously this won't work in countries where only the driver is licensed to drive the car.

I propose a different idea :

Someone else said renting out Bikes, what about straight up cars?
I've noticed some cars parked outside my house that are for rent, and can be unlocked through an app. I'm sure there are a tonne of people who have their car sitting doing nothing for much of the time.. that would be a great way to make some money.

Sound, not sure OP is headed this way, but since this is a pre-ann and not much else has been mentioned yet, I think this is worth thinking about.
My car is parked pretty much all week, only use it during weekends, I'd definitely be up for renting it out as long as there was a way to make sure it doesn't get wrecked or something.

Jumping the gun here a bit. I'm not sure this is viable, what service are you talking about ?

Who's responsibility is it in the case of accidents? How does the company handle cases of theft / accident / damage?

Melds

full member

Activity: 205

Merit: 100

Investor / Trader / Analyst

Quote from: mruiter on September 26, 2016, 11:22:59 PM

Quote from: yuriygeorge on September 26, 2016, 11:12:43 PM

Quote from: Brosoni on September 26, 2016, 11:07:23 PM

Quote from: DannyDisco on September 26, 2016, 11:03:11 PM

There's actually a really hot market right now for straight up drivers.

For people who drive their car out and then drink alcohol, you can find people who are able to drive you in your car, back to your place. I would actually use this.. maybe you can look into this?

your right the drivers could do very well on a friday and saturday night!

I second this, I would use this too. The number of times I want to drink but can't because I gotta drive my car home.

Obviously this won't work in countries where only the driver is licensed to drive the car.

I propose a different idea :

Someone else said renting out Bikes, what about straight up cars?
I've noticed some cars parked outside my house that are for rent, and can be unlocked through an app. I'm sure there are a tonne of people who have their car sitting doing nothing for much of the time.. that would be a great way to make some money.

Sound, not sure OP is headed this way, but since this is a pre-ann and not much else has been mentioned yet, I think this is worth thinking about.
My car is parked pretty much all week, only use it during weekends, I'd definitely be up for renting it out as long as there was a way to make sure it doesn't get wrecked or something.

mruiter

sr. member

Activity: 281

Merit: 250

Quote from: yuriygeorge on September 26, 2016, 11:12:43 PM

Quote from: Brosoni on September 26, 2016, 11:07:23 PM

Quote from: DannyDisco on September 26, 2016, 11:03:11 PM

There's actually a really hot market right now for straight up drivers.

For people who drive their car out and then drink alcohol, you can find people who are able to drive you in your car, back to your place. I would actually use this.. maybe you can look into this?

your right the drivers could do very well on a friday and saturday night!

I second this, I would use this too. The number of times I want to drink but can't because I gotta drive my car home.

Obviously this won't work in countries where only the driver is licensed to drive the car.

I propose a different idea :

Someone else said renting out Bikes, what about straight up cars?
I've noticed some cars parked outside my house that are for rent, and can be unlocked through an app. I'm sure there are a tonne of people who have their car sitting doing nothing for much of the time.. that would be a great way to make some money.

yuriygeorge

sr. member

Activity: 262

Merit: 250

I hate my family

Quote from: Brosoni on September 26, 2016, 11:07:23 PM

Quote from: DannyDisco on September 26, 2016, 11:03:11 PM

There's actually a really hot market right now for straight up drivers.

For people who drive their car out and then drink alcohol, you can find people who are able to drive you in your car, back to your place. I would actually use this.. maybe you can look into this?

your right the drivers could do very well on a friday and saturday night!

I second this, I would use this too. The number of times I want to drink but can't because I gotta drive my car home.

Brosoni

newbie

Activity: 5

Merit: 0

Quote from: DannyDisco on September 26, 2016, 11:03:11 PM

There's actually a really hot market right now for straight up drivers.

For people who drive their car out and then drink alcohol, you can find people who are able to drive you in your car, back to your place. I would actually use this.. maybe you can look into this?

your right the drivers could do very well on a friday and saturday night!

hyunsookmom

sr. member

Activity: 420

Merit: 250

Kamehameha!!!

Quote from: DannyDisco on September 26, 2016, 11:03:11 PM

There's actually a really hot market right now for straight up drivers.

For people who drive their car out and then drink alcohol, you can find people who are able to drive you in your car, back to your place. I would actually use this.. maybe you can look into this?

This is very popular in Korea, and I guess other parts of asia. I don't know how that would work else where. For instance, in England, you cannot drive someone else's car if you're not insured.

I'm not sure on what the licensing laws are in the US though. Otherwise a very good idea.

DannyDisco

sr. member

Activity: 322

Merit: 250

There's actually a really hot market right now for straight up drivers.

For people who drive their car out and then drink alcohol, you can find people who are able to drive you in your car, back to your place. I would actually use this.. maybe you can look into this?

VroomZ

newbie

Activity: 11

Merit: 0

Quote from: fxmulder on September 26, 2016, 10:29:35 PM

Quote from: BCMan on September 26, 2016, 10:27:15 PM

I think starting with cities is a sound idea.

Larger cities will be a good start. Preferably ones that don't have BitLicense..

I'm assuming with reference to BitLicense you mean New York?

What about cities with the small taxi's, like the ones you see in Thailand, almost like buggies..

One thing that should be addressed is these poorer countries having access to crypto.

It might be a way to stimulate a local economy.

Ride My Jeepney

Melds

full member

Activity: 205

Merit: 100

Investor / Trader / Analyst

Quote from: cryptospreader on September 26, 2016, 10:48:17 PM

I have similar feel, when I read people compare your project with uber drive. If you have solid plan I think you have good place to stay here and lead a successful project. Good luck.

Comparisons are good things, but obviously Uber has a serious monopoly on the market and they have yet to display ability to turn profit. There must be ways to penetrate a market without such a cash burn? I guess this experiment is worth that much atleast.

cryptospreader

sr. member

Activity: 504

Merit: 250

askNFTY Team Account

I have similar feel, when I read people compare your project with uber drive. If you have solid plan I think you have good place to stay here and lead a successful project. Good luck.

jaylin

newbie

Activity: 41

Merit: 0

Quote from: CoinBateman on September 26, 2016, 10:44:30 PM

Quote from: titomane on September 26, 2016, 10:36:46 PM

Quote from: Zubilica on September 26, 2016, 10:32:55 PM

It might work for college kids going home for school breaks, but I guess there needs to be enough drivers making that journey back home. Those drivers also must have large enough cars cause obviously the students will take a lot of luggage with them.

Actually I think this use case would be perfect in colleges. It's a lot harder to book ubers for these long drives..

I think you're onto something here, perhaps marketing to universities would actually be the best place to start..

Set up a booth at a couple universities, perhaps hire a student ambassador to do some on site promotion / advertising, then that's your in.

This is probably more likely to get the foot in the door than just outright marketing to a whole city. It's going to be really difficult to take any market share from the likes of Uber, their burn rate would kill any funds you raise.

The other way I could see it work is if the grand plan is to get acquired by one of these large monopolies and build into their existing system. This is probably the best outcome overall.

Didi Chuxing actually invested into bike sharing recently, opening up the platform to rentals might be another angle at this. But we'll have to see what you guys muster up first.
There is definitely big potential that's for sure.

CoinBateman

sr. member

Activity: 392

Merit: 250

Quote from: titomane on September 26, 2016, 10:36:46 PM

Quote from: Zubilica on September 26, 2016, 10:32:55 PM

It might work for college kids going home for school breaks, but I guess there needs to be enough drivers making that journey back home. Those drivers also must have large enough cars cause obviously the students will take a lot of luggage with them.

Actually I think this use case would be perfect in colleges. It's a lot harder to book ubers for these long drives..

I think you're onto something here, perhaps marketing to universities would actually be the best place to start..

Set up a booth at a couple universities, perhaps hire a student ambassador to do some on site promotion / advertising, then that's your in.

This is probably more likely to get the foot in the door than just outright marketing to a whole city. It's going to be really difficult to take any market share from the likes of Uber, their burn rate would kill any funds you raise.

The other way I could see it work is if the grand plan is to get acquired by one of these large monopolies and build into their existing system. This is probably the best outcome overall.

titomane

sr. member

Activity: 389

Merit: 250

Quote from: Zubilica on September 26, 2016, 10:32:55 PM

It might work for college kids going home for school breaks, but I guess there needs to be enough drivers making that journey back home. Those drivers also must have large enough cars cause obviously the students will take a lot of luggage with them.

Actually I think this use case would be perfect in colleges. It's a lot harder to book ubers for these long drives..

I think you're onto something here, perhaps marketing to universities would actually be the best place to start..

Zubilica

hero member

Activity: 837

Merit: 1000

It might work for college kids going home for school breaks, but I guess there needs to be enough drivers making that journey back home. Those drivers also must have large enough cars cause obviously the students will take a lot of luggage with them.

cryptocentric

newbie

Activity: 6

Merit: 0

Quote from: hunnaryb on September 26, 2016, 10:25:01 PM

Quote from: cryptocentric on September 26, 2016, 10:15:55 PM

Quote from: VroomZ on September 26, 2016, 10:12:01 PM

Quote from: fuddudle on September 26, 2016, 07:15:56 PM

Will I be use this in different territories?

Perhaps it would be better to focus on getting adoption in a city, and then that respective country to get a larger user base before expanding abroad.
This way, the marketing can be focused on getting a decent number of users.

I agree I think they should focus on dominating one large city and let it expand from there.

It might be a good idea to start off in a popular college town. Work with the college community and let it expand to other universities and so on. Worked for facebook

For larger cities maybe.. some college towns may not have that need..

college kids like to travel on weekends to go party at other schools just dont always have the transpo or funds and they like to travel home on holidays and usually carpool when possible so they familar with ride sharing. Although i agree major city would be best. Just a small college town would be more simple to market too and test. just a thought

fxmulder

sr. member

Activity: 325

Merit: 250

Quote from: BCMan on September 26, 2016, 10:27:15 PM

I think starting with cities is a sound idea.

Larger cities will be a good start. Preferably ones that don't have BitLicense..

I'm assuming with reference to BitLicense you mean New York?

What about cities with the small taxi's, like the ones you see in Thailand, almost like buggies..

One thing that should be addressed is these poorer countries having access to crypto.

It might be a way to stimulate a local economy.

BCMan

hero member

Activity: 535

Merit: 500

I think starting with cities is a sound idea.

Larger cities will be a good start. Preferably ones that don't have BitLicense..

Topic: [ANN][RMC]Ride My Car / Ride Share / Carpooling - page 24. (Read 32072 times)