The Vite team successfully completed their fundraising round a couple of weeks ago and couldn’t have done it without the support of their community and stakeholders.

Vite is a peer to peer ridesharing service built for the Blockchain generation and is driven by a diverse and motivated team of enthusiastic builders – developers, designers, and entrepreneurs. The viability of the idea, the potential to create prosperity through social impact, and the drive of the team. With notable people like Her Excellency, Ameenah Gurib-Fakim, 6th President of Mauritius serving as inspiration by to joining as an advisor, strategic leadership and support is availed to the team.

What’s the Roadmap for Vite?

Vite Tokens (VT) will be listed for trading on exchanges in a couple of weeks (exact date to be announced on the company website and social media prior) and this presents a fantastic opportunity for all to be part of the ecosystem by involved in both holding VT as a means of payment for rides or for trading on exchanges.

Following that, Vite will launch in Mauritius this quarter, where it has already completed a successful Beta release. During the private Beta, 1,000 participants out of the 11,000 people who registered during the first week tested the service. Once the smooth operation in Mauritius is established, a progressive expansion is expected. The goal is to provide a state-of-the-art service in dozens of cities through Africa, Mena region, and other emerging cities in Asia.

The Vite application, available on Android and iOS, is a mobile application that facilitates the exchange of trips between peers. By pressing a button, Vite Technologies connects passengers who need a trip with drivers. The app will shortly have an inbuilt wallet for users to store Vitecoins conveniently. The Android app is currently available on Google play

NB: Vite will maintain a hybrid vitecoin & fiat payment options to ensure maximum reach, and that no user is left out. Fiat payment options will however be dissolved eventually and Vitecoin will be the only accepted currency, in turn increasing the demand and value of Vitecoin.

An Exciting Future Awaits

The Vite team recently signed an agreement with Indocoin to provide ridesharing services across Indonesia and Southeast Asia. This agreement covers a large area in full population growth. As the icing on the cake, Vite will also support the initiatives of the Indonesian Government. In an approach by the Government of Indonesia towards digitalization. Vite  is undoubtedly a project to get involved with by joining the ecosystem as interesting developments are to be expected in the next few quarters of 2019. Perhaps a new unicorn for the services sector has just been born





This is a paid press release. CoinNewsLive does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company.