With the appearance of such companies on the market as Uber or Lyft, passenger transport services were almost completely revolutionized, and the taxi industry was thus pushed aside. In the era tokenizacji Almost every service sector, individual companies compete in more and more modern solutions in terms of technology. Hence the offer of Arcade City and in the sector ridesharingu competitiveness level increases.
Startup Arcade City
At the end of the 2015 year, as a result of a stringent tightening of passenger transport regulations in the US state New Hampshire a group of former drivers Uber after the chairmanship Christopher David, she decided to create her own startup providing passenger transport services. Activities under the name Arcade City started at the end of the year, or more precisely - on New Year's night. The innovation consisted in the fact that the carrier did not charge, but only donations for travel, thus circumventing unfavorable regulations. Soon after the first success, the company moved its operations to the city Austin able Teksas, from which Uber and Lyft withdrew due to the entry into force of the new regulations.
Shortly after starting operations, Arcade City via the platform Ethereum implemented technology blockchain to ensure better communication between passengers and drivers, thus eliminating the need for the presence of an intermediary, such as Uber, charging a substantial percentage of profits from drivers. As Christopher David himself admitted, the digital solutions offered by Ethereum may turn out to be a breakthrough in the fight against the exploitation of brokers, although the actual size of this practice is a separate topic for discussion.
Arcade City goals
The idea behind Arcade City was to create a community that would take the next step in the world of shared economy and model-based applications peer-to-peerand which would not require any corporate governance.
What's more, the application will enable all interested parties to provide their services to drivers, but they verify if they meet certain criteria. Customers will be able to quickly provide their comments on the transport. Another innovation is that drivers joining Arcade City set tariffs themselves, based on information about local supply and demand, as well as a form of payment that can be implemented even in cryptocurrencies.
However, thanks to special filters, application users can only choose drivers who meet their requirements, for example, the type of car or payment method. It's still not all, because drivers, whose services users will be the most satisfied, will be rewarded through the system Gamification, awarding the best ones Arcade Tokens (ARCD).
Arcade City therefore aims not so much at the speed of the service, but also its quality and building relationships on the passenger-driver line. This in turn makes the client come back as often as he needs it.
Currently, Arcade City is already present in more than 155 countries. This is a huge success, considering that the project was born relatively recently. Of course, it can not be denied that it is a success built on the fall of Uber, because Arcade City successively enters where the competitor retreats, but to emerge and survive, it was necessary to revolutionize transport services, and one of the innovations turned out to be payment in cryptocurrencies.