Our Mission
Blockride is revolutionizing the transportation industry by fractionalizing fleet ownership, making it accessible to everyone. Users can purchase a fraction of revenue generating bus fleets for as low as $50 and enjoy a percentage share of daily revenue directly in their wallet through our platform.
With the use of security token offerings (STOs) to fractionalize fleet ownership available for purchase to investors on our platform. This will enable anyone to become a fractional owner of a bus fleet. By utilizing blockchain technology, we aim to create a bridge between liquidity in decentralized finance and returns on assets in traditional finance.
Through our unique digitally-backed assets, investors can track the physical fleet's activities, revenue generated, maintenance history, number of trips, and vehicle status in real time.
We will achieve this vision by fractionalizing fleet ownership and creating unique digital assets accessible to everyone. Similar to fractionalization of real estate, which has been co-investments with friends, our approach relies on trustless technology that uses blockchain to verify information and transactions. With blockchain technology, our users and investors will have access to transparent data sources, promoting data parity between institutions and retail investors.
In addition to trustless technology, we capitalize on community leverage to democratize access to fleet ownership. Our community of investors can pool their capital together to achieve the same purchasing power as institutions, without needing a bank. We will also partner with loan providers to give users the option to stake their ownership share in a fleet in exchange for debt. This approach reduces the barrier to entry for all and ultimately helps in achieving our goal of a future that relies on rapid transits and EVs to reduce carbon emissions and traffic congestion.
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