Ruvo is a blockchain-based ride-hailing marketplace that connects riders and drivers while promoting sustainable transportation options. The platform addresses the inefficiencies in traditional mobility services by providing transparent transactions and reducing environmental impact through eco-friendly ride choices.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional ride-hailing services often involve surge pricing for riders and high commission fees for drivers, creating an inequitable marketplace. These services also contribute to environmental concerns due to reliance on combustion-engine vehicles.
Solution
Ruvo is a blockchain-based ride-hailing platform designed to provide fairer fares for riders and eliminate commissions for drivers through a subscription model. The platform exclusively uses electric vehicles (EVs) to promote sustainable urban mobility and reduce carbon emissions. Riders can favorite drivers for a more personalized experience, while drivers retain 100% of their earnings for a flat daily subscription fee. Ruvo aims to foster a community-driven ecosystem that prioritizes environmental responsibility and equitable compensation.
Target Audience
Ruvo targets urban commuters seeking affordable and eco-friendly transportation options, as well as drivers looking for fair compensation and a supportive community.
Features
- 100% electric vehicle fleet to minimize environmental impact
- No surge pricing for riders, ensuring consistent and transparent fares
- Drivers keep 100% of earnings through a flat-rate daily subscription
- Rider option to favorite drivers for enhanced trust and personalization
- Charging hubs located at repurposed gas stations
- Blockchain-based transactions for transparent and secure payments
- 24/7 support for both riders and drivers
- Multilingual access