How does Uber on Web3 look like?
Tags: Steer, Web 3, Blockchain, Wheel, Uber

How does Uber on Web3 look like?

Web 3 is the next iteration of the internet, one where users are not a product but a partner.

Web 3 is a place where communities create, fund, manage and profit from their usage of the internet.

While Web 2 was the introduction of mobile internet, one where people learner to access the internet with their mobile instead of needing to have a computer or going to a cyber café, one where people learned to feed it instead of just feeding from it and one where people put it to usage on the go.

Web 3 is the introduction of Blockchain, a concept that would enable people to utilizes the internet to be created, fed and owned by the people.

Uber was one of Web 2s babies, it was an app that you could open on your phone and request a ride, no matter where you are, no matter what time it is at a relatively low cost.

It achieved that by decentralizing the offer, it opened the way for people to make money, on their own terms*, and it gave people the ability to insure that only the worthy drivers survive. But in a Web 2 fashion, it did it in a central manner. A company that held all the decisions and profits, one that would eventually turn into a tyrant.

The same concept can be made beautifully on Web 3

Yes, but how?

Imagine this, a DAO let’s call it ProjectDAO, composed of creators, entrepreneurs, and investors. Assembles and creates a project called Wheel

What is Wheel?

Wheel is an app on your phone*, you would open it, request a ride, get one.

The journey doesn’t end there though,

Once you get dropped off, you see a screen to rate, tip and give feedback to your rider.

But also you see that your Wheels (token) balance has increased by 50, you see Web 3 is all about tokens.

What is Wheels?

Wheels is a token generated by Steer (protocol) to reward its users.

Picture this, you are going to your daily job, it’s a 50 minute ride, you schedule it on Wheel and get matched with John who needs to go somewhere at that time, if you pick John up it will take you 60 minutes to get to your job instead.

Because it’s a high mileage ride, it’s kind of expensive, a ride like that with Uber in NYC costs around 70$.

So you take John to his destination,when you drop him off you’ll see a screen to rate John and give him feedback and your USD balance increasing by 50$ (70$–20$ platform fees) and by 60 Wheels as a reward from the platform (because you wasted 60 minutes in total).

What could I use Wheels for?

You could use them to get free rides, free food, free deliveries and in other services provided by the platform. You could also use them when you’re in driver mode, to get ahead at the airport, to set destinations, to pick and choose rides and in other services.

That is if you’re the quick win kind of person, if you’re the long term thinker, the wealth builder and the strategic viewer, you could stake them to earn Steers.

What is Steers?

Steers is a token that governs Steer, a platform that creates logistics solutions on Web 3.

Steer created by ProjectDAO, is a company heald by Steers HODLers.

What are Steers used for?

Steers can be used to vote on big company decisions, to allocate resources and to generate Wheels.

How would it look like in the future?

A company held by its drivers, by its riders, by its developers and by its community.

One that would eventually generate no profit, but be a worker that helps humanity move and get food for virtually free.

The first generations that will work on it will definitely make a lot of profit and have a lot of fun doing it though.

What’s next?

Let’s assemble ProjectDAO.

Join our discord.

Next article on 12/31/2021 titled: What is ProjectDAO?