COMIN is a blockchain-based ride-sharing platform that allows users to set their own fares while ensuring fair compensation for drivers through reduced commission rates. This model addresses the issues of high costs for riders and unfair earnings for drivers, promoting a sustainable and community-driven transportation solution in Europe.
Funding
$330.4K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Existing ride-sharing platforms often result in high costs for riders and unfair compensation for drivers due to substantial commission fees. This creates a need for more equitable and sustainable transportation solutions.
Solution
COMIN is a ride-sharing platform that empowers users to set their own fares, offering riders more control over pricing. Simultaneously, it ensures fair compensation for drivers by significantly reducing commission rates compared to traditional platforms. This model fosters a community-driven ecosystem where both riders and drivers benefit from transparent and equitable pricing. The platform also allows drivers to offer unique services, enhancing the overall quality of the ride experience.
Target Audience
COMIN targets riders seeking affordable and flexible transportation options and drivers looking for fair compensation and greater autonomy.
Features
- Rider-defined pricing, allowing users to set their preferred fare for a ride.
- Reduced commission rates for drivers, ensuring fairer earnings per ride.
- Real-time ride tracking, enabling users to share trip details with contacts for safety.
- Support for various payment methods, including credit cards and Apple Pay.
- Focus on sustainable mobility, prioritizing eco-friendly vehicles.
- COMIN points earned per ride, redeemable for discounts, rewards, or donations.