BikeChain.app – Where “Ride Sharing” + “DeFi” = “TransporationFi” AKA “TranspoFi”

A new DeFi project gathering considerable attention amongst the crypto community is BikeChain.app – The World’s First 100% Self-Governing Ride-Sharing Mobile DApp.

BikeChain.app manages to capture the zeitgeist of today by fusing the fast-growing Ride-Share industry with the omnipresent capabilities of blockchain technology. The Ride-Share industry worldwide is and has been growing at an exponential rate. According to Precedence Research, the global ride-sharing market size was valued at $73.5 billion in 2020. In 2021, the market value was an estimated $85.8 Billion and is expected to reach an astonishing $185.1 Billion market value by 2026.

Combing the concept of ride-sharing and decentralized finance, BikeChain.app is a peer-to-peer transportation ride-sharing marketplace built on the increasingly popular Telos Network that incentivizes network growth through cryptocurrency rewards in their native $BIKE token.

Officially launched in the final quarter of 2021, BikeChain.app offers a clear and defined Road Map they call the “BikeTrack” as well as a LitePaper offering vision and clarity on this exciting DeFi project.

The concept behind BikeChain.app is wonderfully simple but the possibilities are endless. At its core, BikeChain.app rewards people for sharing, riding, and returning their bikes or scooters along with many other use cases such as voting (DAO capabilities) and tipping services. However, the BikeChain.app project is something other than just a ridesharing application.

As well as offering financial control via the BikeChain Wallet, users of the DApp can enjoy new in-app built-in features such as BikeChain Radio as well as being able to play and bet on Metaverse SmartMap Bike/Scooter Racing Games using $BIKE.

$BIKE has been designed to empower and incentivize its users to drive the creation of a fully transparent, community-owned, and open-source Ride-Sharing Marketplace Platform. The whole BikeChain ecosystem is supported by solid Tokenomics with a Total Hard Cap Max Supply of only 21,000,000 $BIKE. There is an 8% fee on every transaction which is distributed as 3.5% Reflections, 1% Liquidity, and 3.5% Burn.

In a world increasingly enhanced with the benefits of blockchain technology, BikeChain.app brings Blockchain’s efficiency and transparency partnering with Telos Network to evolve the ever-growing world of rideshare, fusing transportation and DeFi like no other coining it “TransportationFi” AKA “TranspoFi”

This token’s growth and potential is definitely one to watch and keep your eyes on early 2022!