Police Target Arcade City CEO While Ridesharing Company Integrates Blockchain, Bitcoin
Police in the city of Austin, Texas came to the offices of ridesharing company Arcade City in search of its CEO, Christopher David. A video has surfaced of 10 law enforcement agents, four transportation authorities and six police officers, entering the co-working space that is home to Arcade City’s Austin headquarters. They sought to serve a $500 citation for operating a ridesharing company without completing the requisite paperwork. David, who was out of the country overseeing the development of the Arcade City app, “Not sure why six police officers are needed to serve a $500 citation. Or....
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Driver-owned ridesharing startup Arcade City, the developer of an open marketplace where riders connect directly with drivers by leveraging blockchain technology has now launched its mobile application for Apple iOS and Google Android devices. Ridesharing startup Arcade City has launched its mobile application that will be available at Apple and Android app stores. The platform was launched in a direct response to rate cuts by Uber and Lyft in January this year. A press release by the company revealed that more than 3,000 drivers had signed up, the majority of whom are current and former....
New “Uber killer” ridesharing company Arcade City won first place at the GTEC Awards in Berlin, and with it a prize of 20,000 euros. Ridesharing startup Arcade City won first place at the German Tech Entrepreneurship Center (GTEC) Awards in Berlin. The New Hampshire-based startup, which runs on a decentralized model based on swarm tactics and plans to integrate with Ethereum, won a prize of 20,000 euros with the award. The win was announced by a post on Arcade City’s Facebook page, before the awards had been announced by GTEC. Christopher David, CEO of Arcade City, was blown away by the....
Ride-sharing companies Uber and Lyft have ceased operations in the city of Austin, Texas due to government regulations. Arcade City, decentralized ride-sharing company, has commenced operations in Austin to fill the void left by the two outgoing ridesharing companies. Austin’s ridesharing regulation ordinance forces out Uber and Lyft. The city of Austin passed an ordinance requiring more stringent background checks, including fingerprinting, for ridesharing. Proposition 1, a ballot initiative meant to overturn the ordinance, failed. As a result, both Uber and Lyft have since ceased....
Touted as the “Uber killer” and the next generation of ridesharing, Arcade City has had an app out for almost two weeks without a single ride being given, leading to speculation that the app may not be finished after all. At the beginning of this month, Arcade City, the much-hyped ridesharing app touting a decentralized structure and eventual integration on the Ethereum Blockchain, released its much-anticipated app. To the surprise of some, however, at the launch the app did not initially allow any rides to be arranged. Instead, this functionality supposedly lies behind “unlocking” cities....
Decentralized Blockchain-based ridesharing company Arcade City said goodbye to its founder Christopher David, who resigned his post as mayor at the head of the company’s council, as the company raised more than half a million dollars in a tokenized crowdsale. According to David, he has left his seat at the head of Arcade City’s council, and will instead focus on a separate service provider, Arcade One: “I am relinquishing my leadership position in the decentralized Ethereum-based ecosystem created by our token sale, and focusing exclusively on restructuring our current corporate entity as....