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Chand
@chand
Small towns in India are ripe for Web3 principles. 1. They’re low income, highly price sensitive segment. Which means any centralisation/middleman removed is welcomed 2. Low income societies means low trust societies 3. Which counterintuitively leads to stronger communities
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Chand
@chand
Due to (1), Uber etc have historically failed here. People haggle to their bones. Due to (2), most transactions here are cash. Due to (3), unions run strong here
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Chand
@chand
To test this, we just launched a tiny uber-like app with some key differences: 1. We just connect the drivers and users. They negotiate among themselves. 2. We don’t host payment services. Payments are off platform 3. We take flat fee from drivers to cover our server bills
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Chand
@chand
The idea is to build a self sustained system and pull ourselves out of the equation. Let the driver union (kinda like a DAO) start handling the expenses. Want to add tokens too but not right now
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Chand
@chand
Uber etc are middlemen that take a cut to exchange location. It’s 2022. Location sharing should be a commodity. Uber’s cut can be passed on to drivers and users
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