Let's Create Some Order Out of Chaos!
Inspired By The Chinese Bikeshare ExplosionA RIDO crowdfunding (ICO) campaign is launching shortly.
Scroll down and see how you can become a part of the revolution:
In 2017 China’s Dockless Stationless Bikeshare Exploded To $6 Billion Market Cap. The bikeshare is super hot, but riddled with problems aplenty. Theft, vandalism, illegal parking, traffic violations, blocked streets, bike dumps, bike mountains, bike graveyards and above all big headaches to city administrations. RIDO solves them all.
Virtual Stations
Virtual Rideshare Stations (VRS) can be setup at almost no cost at designated parking places where safe bike pick-up and drop-off can be offered to the users. 
Low Cost
Since the RIDO system does not involved docking stations, the infrastructure cost is minimal, which in most cases can be recovered by VRS naming or advertising. 
Ubiquitous
Since the time and cost to setup VRS is negligible, there is no limit to how many stations can be setup depending on the specific need of the area and traffic conditions. A recommended distance between VRSs is less than 5 min walk. 
BlockchainedThe RIDO system runs on an autonomously operating decentralized blockchain protocol. No central control is required and transactions are executed with highest possible security and privacy. 
Vandal ResistantRIDO uses GPS geo-fencing technology to keep the bikes within an area authorized by the system. The VRS stations can be additionally equipped with CCTV monitoring.
Theft ResistantBlockchain technology in combination with geo-fencing makes stealing the bikes very difficult for thieves.
Auto NotificationsUser receives automatic notifications for any parking or smart-rental contract violations.
Autopay FinesParking/ Smart-contract violation fees are automatically deducted from users' accounts. 
SponsorsThree types of sponsor opportunities: Bikeshare is consistently gaining popularity worldwide. It’s a boon for healthier communities, sustainable cities & a greener planet. As proven by the ongoing Chinese dockless bikeshare explosion, ubiquity & accessibility makes bikeshare the preferred first/last mile commute. RIDO aims to bring some order to the chaotic helter-skelter of dockless bikeshare.
Economy saves $21/commute in terms of better health, less congestion, reduced infrastructure costs, reduced greenhouse gas emissions, better air quality, noise reduction and parking costs
Lower Pollution, Zero Congestion Transportation, Healthy Communities
Cities can start regulating chaotic dockless bikeshare industry and generate new streams of revenue by setting up citywide traffic-compliant autonomous virtual rideshare stations (VRS) featuring:
· Theft & vandal resistant dockless bikesharing
· Secure, instant and immutable proof-of-ownership of bikes
· Provide easy identification of the cyclist & bicycle in accidents.
· Eliminate policing resources on theft, vandalism & parking violations.
· Increase bikeshare use by eliminating fear of theft, vandalism & violations.
It’s free to get started
The Traffic-Compliant RIDO VRS and Public Bikes offer plenty of advertising opportunities for corporate sponsors, as the VRSs will be ubiquitously located in most high visibility urban locations.
Bikeshare companies, (both dockless / docking station) bike owners and shared economy / blockchain investors can sign up start registering their bikes for parking them in traffic-compliant virtual RIDO bikeshare stations for rentals. It is simple and free.
White Paper will be made public after IP protection formalities are completed, and ICO launch date is finalized.