Doft – a new uber of trucking is announcing $50M ICO.

You leave out a lot of key explanations. You say that DOFT is the ideal platform but you don't explain how it actually works. When a trucker becomes empty and searches for another load they usually take the first good paying load available that is near their empty out location. Even if there are load planners that plan pickups and deliveries it doesn't ensure that the shipper will want the truck that is preplanned for a load. Sometimes it literally takes all day to unload due to unforeseen problems. The driver or truck owner has no influence on shippers to get his truck unloaded faster many times. With certain types of freight there is absolutely no way to preplan loads. Your system can't do anything to help truckers on this problem.

The only solution you may bring to the table is to speed up payments. Your system supposedly takes 5% from each side for this service. 5% from the shipper and 5% from the trucker. Isn't this the same damn thing as factoring? Factoring already exists and people are quite aware of how that works. You also don't mention if there is some type of escrow service. It would be great to know you got paid as a trucker right after leaving the pickup and that when your load was delivered in good condition that the shipper received good service from the trucking company.

The information is not updated on our website, but I am glad to tell you that Doft team decided to remove the commissions.

Our prediction algorithm will make you, the trucker, an offer. Like you accept a load to LA, CA and this load should be delivered there for example on november 15. So the algorithm will offer you the available load from LA,CA. The offer will be based on your history. Like if you do not move lumber and do not like to go to Massachusetts, You will not receive the offers to move lumber, or the offers to go to MA. But it will be just an offer. If you decide to decline it the algorithm will offer you another one, suitable as close as possible.
 
Doft – a Silicon Valley based startup - starts the greatest ICO in the trucking industry!
Pre-sale is going now [DOFT]
Why not to earn some doftcoins with Doft Bounty Program?


Doft ICO Bounties

Referral Campaign

There are good benefits of recommending Doft ICO to your friends. They contribute - you earn doftcoins!
Referees can be obtained by promoting Doft ICO via all channels which you have access to using your Referral ID, such as:
Social Networks – by sharing the news
Blogs – by publishing press releases
Forums – by making posts
Friends – by sharing the info

Reward:
  • You will receive 5% of all Doftcoins (DFC) your referees have purchased.

To get a reward:
  • Share your Referral ID with your referees

Translation Campaign

You can translate our Doft ICO thread on Bitcointalk.org forum, Whitepaper or our ICO Video.

Reward:
  • Translation of the Doft ICO thread - 40 doftcoins.
  • Translation of the Whitepaper - 400 doftcoins.
  • Translation of the ICO Announcement Video - 400 doftcoins.

To get a reward:
  • Fill out the mini-form to get payed
  • Any use of translation tools is prohibited.
  • In the case of no moderation of the thread, you will not be eligible to participate.
  • Posts related to spam, flood, off topic will not be counted.
  • Translations posted in the wrong section will not be counted.

THE NEW VIDEO MUST BE UPLOADED TO YOUTUBE WITH THE TITLE IN YOUR LANGUAGE AND WITH YOUR VOICE (WITH A GOOD QUALITY) MOUNTED ON OR WITH SUBTOPS BY MAKING A VIDEO MOUNT.
We’ll pay only for high-quality translations!

Articles Campaign

We will be happy to appraise your creativity and the desire to present the information in text or graphic form, and we give you the opportunity to do this!

Reward:
  • You will get 10, 20, 30 or 50 doftcoins for an article Review, depending on the quality, uniqueness and distribution of your content.

To get a reward:
  • Fill out the mini-form to get payed
  • The article should contain more than 500 words.
  • The article should have graphic materials (images) and 2-3 links to modultrade.io
  • Unique content (information from ANN is not counted).
  • Articles reviews should be on any website, open to anyone.
  • There must be a link to doft.com in the description of the video.

Youtube Campaign

Reward:
  • 100-300 subscribers - 40 doftcoins
  • 300-500 subscriners - 50 doftcoins
  • 500-700 subscribers - 100 doftcoins
  • 700-1000 subscribers - 200 doftcoins
  • 1000- xxxxx subscribers - 900 doftcoins.


To get a reward:
  • Fill out the mini-form to get payed
  • The Video must be created by you.
  • Your title must include the word "Doftcoin"
  • Only accounts with at least 100 subscribers are allowed
  • You must have at least 20 views before being accepted.
  • The video should talk about the Doft project positively.
  • We will attribute the doftcoins to the quality videos, a perfect quality of the sound and the image are required.

Twitter Campaign

Reward:
  • 100-300 subscribers - 2 doftcoins/week.
  • 300-700 subscribers - 4 doftcoins/week.
  • 700-1200 subscribers - 8 doftcoins/week.
  • More than 1200 subscribers - 10 doftcoins/week.


To get a reward:
  • Fill out the mini-form to get payed
  • Subscribe to the doftcommunity Twitter.
  • You must have at least 700 subscribers.
  • You need to make 5 retweets (and 5 likes per week.)
  • No more than 2 retweets each day.
  • Make 3 tweets per week about doft.com. It must link to doft.com, contain related hashtag(s).
  • Twitter audit should be more than 85% of real subscribers, most of them have to be people interested in cryptocurrency.

Facebook Campaign

Publish news and updates on our Facebook page and will be grateful for your activity.
All must be published in public, and friends must be visible if not you will not be rewarded.
Like of each post (text/image/video).
Repost of each post (text/image/video).

Reward:
  • 100-300 friends - 2 doftcoins/week.
  • 300-700 friends - 4 doftcoins/week.
  • 700-1200 friends - 8 doftcoins/week.
  • More than 1200 friends - 10 doftcoins/week.



To get a reward:
  • Fill out the mini-form to get payed
  • To participate, you must like our Facebook Page
  • You must have more than 100 real friends.
  • No more than 2 Doftcoins each day.
  • Share 5 publications per week. (+likes)
  • Make 3 posts per week about Doft.


BitcoinTalk Signatures Campaign

Bonus of 10 doftcoins if you put the DOFT logo as a profile picture and also the status: Doft - Leading the new era of trucking!
Download logo

Reward:
  • Junior Member/Member: 25 doftcoins.
  • Full Member: 30 doftcoins.
  • Senior Member: 40 doftcoins.
  • Hero Member: 60 doftcoins.
  • Legendary Member: 70 doftcoins.


To get a reward:
  • Fill out the mini-form to get payed
  • No red trust and do not have a bad reputation.
  • Make at least 20 posts per week.
  • Set a signature according to your rank when you post the request. If not eliminated in advance.


By the way you can always contact us with any further question!
 
Freight-matching startup Doft pitches virtual "Doftcoins" to industry players.

One of the latest entrants into the crowded "Uber for trucking" sector is taking a creative tack to raise funds: selling shares in its own "cryptocurrency," a type of virtual electronic money similar to Bitcoin or Ethereum.

The company, Doft, is a Walnut, Calif.-based tech startup that says its mobile app can reduce deadhead miles, automatically locate backhaul cargo, and help shippers move unplanned urgent freight. The company joins a crowd of recent entries to the freight-matching marketplace that includes Haulme LLC, XYpper Technologies Inc., Transfix, 10-4 Systems Inc., Cargomatic Inc., and UberFreight.

To stand out from the pack, the founders of Doft (an acronym for "Do Freight Transportation") are raising money in a way that past generations could not have imagined. The firm held an "initial coin offering" (ICO) in October, in which it created its own currency—called Doftcoins (DFC)—then sold them to buyers like truck drivers, third-party logistics service providers (3PLs), and freight shippers.

Launching an ICO allows a firm to seek funding from the general public, rather than dealing strictly with venture capitalists. The strategy works best when large crowds line up to buy shares, so Doft sweetened the deal by offering anyone who bought Doftcoins in October a 50-percent premium on their investment as well as a lifetime of 0-percent commissions—worth an average of $100 per load—on all freight booked through the Doft platform.

So the next time you see a tractor-trailer cruising down the highway, remember that the driver behind the wheel may also be a high-flying financial speculator.

By DC Velocity Staff
 
Cryptocurrency market has been experiencing a huge surge of Initial Coin Offerings (ICO) for the past 6 months, though a lot of experts call it another bubble. Let’s take a closer look at this phenomenon.

When Bitcoin first appeared, nobody took it seriously. They said if one had to choose between a hamburger and a Bitcoin, he’d prefer a hamburger.

Today 1 BTC equals $10,000 and keeps on gaining its weight. Following good old Bitcoin success, a lot of other cryptocurrencies appeared. Ether and Litecoin are almost as much popular as BTC and tend to grow rapidly. This positive trend motivates startups to present their own tokens.

Initial Coin Offering became an easy way to raise funds for a startup in comparison with a standard crowdfunding campaign or a venture capital investment. VCs rigorously examine your busines plan, roadmaps and graphs, and in the end they always say pretty much the same: “you’re too early for us - show $1M revenue per year and the fund will invest $10M”. Certainly, it’s a prerogative of any venture fund to protect the money it invests, but then again it’s a vicious circle. Any young startup is in need of early financing to go off at a dash in the very beginning. With no early-stage investment any brilliant idea or software takes a risk to fail.

In this case ICO is a great chance to make the wheel spin, because ICO isn’t just the mechanism for new coin issue - it’s the fundraising process for a startup too. And the best part of it is that a startup doesn’t sell its shares at all. Venture capitalists usually take a big part of shares in return of their investment and often interfere in a startup’s development strategy. VCs want fast profitable return of their investments during a short period of time, and for that reason they often push founders of a startup to an exit. The before-mentioned scheme is impossible in ICO.

A lot has been said lately about the necessity of cryptomarket regulations, but sure enough there’s nothing more than banks crediting less and venture capitalists getting less investment proposals behind those regulations. If there’s a demand on something, there will always be a supply. It’s a simple rule of economics. Today young startups can hardly break the VCs’ wall, and therefore ICO is a shorter way to the successful fundraising.

Doft Team

https://doft.com/blog/initial-coin-offering-vs-venture-capital
 
The US trucking industry has been growing tremendously for the last few years, although it firmly stays one of the most old-school in terms of operation and organization methods. On one hand there’s nothing wrong with it, but on the other hand such old-school business management is very time consuming, and as the result not as much cost-effective as it can be.

When Uber launched its cab service, a lot of startups rushed into the trucking niche with their uber-like ideas thinking that it would disrupt the industry right away. Cargomatic was among the first companies that took an effort to create an “Uber for trucking”. However, it didn’t happen, and there’s still no leader today, despite the fact that Uber eventually launched its own Uber Freight this year, but for the past few months it seems more dead than alive. Perhaps, the uber model isn’t the panacea for all trucking ills.

When we think of a new logistics’ era, we imagine a free to use, simple, user-friendly solution suitable for every type of business which is involved in the logistics chain. And certainly, the solution should make business processes much easier and quicker, yet without breaking the habits of industry professionals who do the job daily.

The trucking startups which adopted the uber-like model, try to reinvent the way the US trucking operates today, so they basically work “undercover “. These startups pack old-school stuff into a high-tech cover in fact being whether an ordinary load-board or a broker. Nevertheless, there must be a complex solution suitable for every transportation party – equally valuable for a shipper, a broker and a carrier.

The startup which is close to the truth in trucking is called Doft. Their business model is not only about their uber-like on-demand software. It’s about universality and value for every type of business. Whether you are a carrier, a broker, a trucker or a dispatcher, you’ll find potency as Doft covers all necessary vertical services in transportation. And the best part of Doft is its freemium strategy – a customer pays fees only for some additional features and services, such as motor carrier vetting which includes FMCSA safety ratings, insurance verification, authority validation and etc. All the basic functionality necessary for daily usage is free, and this fact helps to save money.

Now let’s take a look at some current problems in trucking which Doft tries to solve.

We all know that truckers usually drive empty about 30% of their time or waste hours waiting for a next load. Doft helps to reduce the dead head mileage through its prediction algorithm. The service will provide a driver with the information about freight available near the destination point.

There’s a payment problem which still exists. Normally a motor carrier receives a payment during 14-60 days after a load is delivered. It may be OK for some big fleets with big monthly turnover but it’s absolutely undesirable for owner operators when every dollar counts. To resolve this problem Doft introduced its own crypto currency which is used as service money with nice benefits. Shippers who pay in Doftcoins get a discount. Drivers get an opportunity to mine Doftcoins and pay for the goods and services in the Doft store.
 
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