Problem with bike share - crypto solution
I'm currently trying to get a bike from the municipal bike share in Montreal. However I can't do that because of a major economic flaw in the system.
The flow of traffic moves bikes out of the downtown and office areas to residential areas.
The result is that I've been walking around to 6 docking stations that show having bikes only to find the rack is completely empty when I get there.
I'm still trying to get a bike.
There are people in trucks who manually pick up bikes and drive them to other stations to create a balance but they can't seem to keep up.
It would be great if people could gain BIXI tokens by riding bikes from residential areas to the office areas in the evening and the opposite in the morning.
They could adjust the token reward based on the demand for balancing bike placement.
The tokens could then be used as credit towards a bike pass or sold on the free market.
What do you think could it be a possible solution?
How is making a separate token preferable to just increasing or decreasing the price of the rental? Perhaps there are some people who have unlimited ride passes that aren't paying on a per ride basis? However, in either case, it seems like less hassle to build the incentives into the current billing system rather than create a token (which also could have significant price volatility).
95% of people get the yearly pass. It could all be in a normal database instead of blockchain. I guess there is no advantage to decentralization in the situation.
Even if they created a decentralized token, its underlying value would depend entirely on their centralized bikeshare.
This consideration came up in the latest Let's Talk Bitcoin episode over Venezuela's El Petro. El Petro is apparently a NEM token that derives its value from an undeveloped oil field. While the token may be decentralized, it seems crazy to trust the corrupt ruling party to deliver on the backing.
that is a great idea, they could definitely save some cost rather then paying the driver, vehicle maintenance, gas. It would save emissions from driving the bikes as well and get people more active in the process as well. it would allow people that are trying to cut costs a way to save on their bike rentals as well. you should submit the idea right to the company and see what they say.
I totally over used "as well" in that reply....
Exactly and the trucks always do 20-30 at a time. When the rack is full and you can't drop off your bike just moving one is super useful.
Cool idea, sounds like getting paid to exercise
Wow that is the great idea and I completely agree with you! Hope that someone or a startup would be working on that?
Amigo en Cánada todo es ordenado, en cambio aqui en Venezuela es un desastre total @kirkings
Your solution sounds great, but while you take the time to plan the token (SMT's?) solution, I would suggest trying to learn more about why the bikes are moving that way. There have probably been surveys, and you are probably guessing right, but knowing might yield other solutions.
I wouldn't do it. The bike share program loses money each year paid by the city and corporate sponsors.
One of those corporate sponsors could do it. SMT's are beyond my knowledge at the moment, but I think it will be common soon enough.
It would create incentive.