🚊 Purpose & Problem Solving

TransiCoin (TRC) aims to transform public transportation by rewarding riders, improving service reliability, and democratizing funding decisions. It addresses key issues like underfunded transit systems, lack of digital adoption, and minimal rider incentives.

🔗 Platform & Consensus

Built on the Polygon (MATIC) blockchain using a Delegated Proof-of-Stake (DPoS) model. This ensures energy efficiency, fast transactions, and democratic participation by allowing riders and advocates to delegate votes to transit-aligned validators.

📦 Tokenomics

• Total Supply: 10 billion TRC
• Distribution: 60% rider rewards, 20% development, 10% city transit grants, 10% partnerships
• Minting: Based on transit ridership data + matched public subsidies

💡 Use Cases & Incentives

• 💳 Use TRC to pay for fares
• 📈 Earn tokens for each ride + peak-hour bonuses
• 🗳️ Stake tokens to vote on system upgrades (e.g., late-night lines)
• 🎁 Get 10% off when paying with TRC via app/wallet
• 🏪 Spend TRC at local businesses near transit hubs

⚠️ Limitations & Challenges

• 📶 Not all riders have smartphones or wallet access
• 💰 Small incentives may not change behavior without better service
• 🏛️ Requires buy-in from transit agencies like SEPTA or PATCO
• 🧾 Regulatory concerns around data privacy and token classification