About Our Guest

Firdosh Sheikh is the CEO and co-founder of DRIFE, a decentralized ride-hailing platform leveraging blockchain technology to empower both drivers and riders. With a background in Chartered Accountancy, she transitioned into the startup world, bringing her business acumen to disrupt traditional industries. 

Under her leadership, DRIFE has expanded its operations to Dubai and India, aiming to revolutionize the ride-hailing industry by offering a more transparent, equitable, and sustainable model. 

About DRIFE

DRIFE is a decentralized ride-hailing platform built on blockchain principles, aiming to empower both riders and drivers by eliminating intermediaries and providing better ownership and incentives. 

DRIFE operates on a zero-commission model, giving drivers 100% of the fare while offering affordable rides. The platform uses an auction-based pricing model, letting drivers and riders set fair prices based on supply and demand. DRIFE's $DRF token ensures secure transactions and drives loyalty and incentives.

Resources & Links Mentioned:

• DRIFE [https://www.drife.io/] [https://www.linkedin.com/company/drifeofficial/] [https://x.com/Drife_official]
• Follow and stay up to date with Firdosh Sheikh [https://www.linkedin.com/in/firdosh-sheikh/] [https://x.com/Firdosh_Drife]

Episode Highlights with Timestamps:

• [01:20] Introductions, going to school as a girl in India, completing a CA, and getting into startups
• [05:09] Importance of parental support
• [06:19] Why ride-hailing is broken & becoming a web3 convert
• [10:44] How does DRIFE work? How can web3 be integrated with ride-hailing?
• [14:52] Tokenomics & sustainability beyond hype cycles
• [17:30] Navigating COVID and growth roadmap
• [20:52] Retaining ownership

OVERNIGHT SUCCESS

PRESENTED BY DRAPER UNIVERSITY

HOSTED BY CHRIS JOANNOU