Description
DEB supply is fixed at 10B. DEB (Drivers Earning Benefits) end goal is a ride-share platform. 70% (7B) is reserved for the DEBS (Drivers Earning Benefit System). This system will disperse at a controlled rate made to not negatively affect the market. For example, utilizing the heat-map costs DEB, while contributing incoming pings to the heat-map rewards DEB. Using the restroom overlay costs DEB, but verifying restrooms rewards DEB. These 7B tokens are only dispensable within the DEB platform software. Ride-share drivers will be manually verified within San Diego. In order to access and utilize DEB, drivers and passengers will be required to hold DEB in their wallets. DEB LLC is based out of Mexico. San Diego, CA based ride-share drivers will be our initial testing sample. A small amount (no more than 1,000 tokens) may be used for testing purposes for the development of the software until we are ready to release the software on Main-net. 20% (2B) is reserved for Investors. These 2B coins will be available for trade on the Stellar Decentralized Exchange System. 10% (1B) of the supply will be reserved for the team. This 1B will not be traded or made available for withdraw until 2023. As we get closer to 2023, we will begin community voting on how the funds should be properly released in order to avoid market collapses. The only amount of circulating DEB will be 2B until the alpha release of DEBS software in 2022. After which a controlled flow which may be voted on will be released for contributions contributed by ride-share drivers. Please refer to our project whitepaper at https://drivedeb.com/whitepaper_v0_3.pdf
