Actually it sounds like they’re using the nft as a way to allow each owner to lend out their vehicle to people. If you’re in a city w/ current shared scooters etc you will be familiar with how they often are laying across sidewalks, poorly stored etc. sounds like they think by allowing the owners to utilize the nft for sharing that people borrowing that persons vehicle-that they may take better care of it and not leave it strewn about….I don’t know about that… if use of the blockchain/nft creates an easy way to lend/rent out yr vehicle (I wonder how insurance works with that?) then it’s a new approach.
@@judgeworks3687 an nft real value comes from the ledger that says who owns it. That's why I said a data base would work just fine all you would need to do is subtract and add who owes what.
What is clear is that 90 per cent that are fit enough to use a 2 wheel electric small bike like these without pedals should do, plus its way more fun than a car. They are right in the fact that electrifying cars is not going to solve the problem of cars, too big, too costly, too high maintenance, need giant parkings and large roads, and most important cars are very dangerous for other user of the road like two wheelers and should only be used by people with mobility problems like older people. Gogoro is doing a similar thing with large scale with their electric mopeds in taiwan, china and many other countries with easy battery swapping stations.
@@DavidUtau That's because you are not aware that the vast majority of trips in cars is just one person going to their job and coming back of their job which is the most inneficient way of using a car. I agree if you have children a car is a great option but you don't need a giant pickup truck for this either.
@@DavidUtau nobody is talking about a full size family. The majority of cars moving through nyc are only carrying 1 to 2 people and it's annoying how some of those cars are too big to make sense.
ever since I got a car my life has gotten so much easier and exploring places out of the city is more fun. I own a bicycle and it can have its limitations. some people don't realise that big cities have a lot of obstacles for BOTH cars and bikes (electric and non-electric). Cars can get stuck in traffic, higher maintenance cost, parking issues, can be expensive to buy one. Bikes on the other hand are limited on how far and how fast they can go. they are more prone to theft. you can't just leave it outside and go on with shopping or run errands without worrying that they will steal it. What I prefer is to have both (if you can)!
NFT and blockchain mambo-jumbo 😆Basically they are using "NFT" as an access-token to use the bike. Pretty dumb and over-engineered. A simple mobile app for authentication was more than enough. I like the design cause it makes it look solid/robust/longlasting and also probably comfortable for long rides.
@@MP-ut6eb an NFT number is basically like your bank account number or your social security number. accounts/numbers that are dedicated and owned by you only. the back-end/accounting for this is done via blockchain, which really isn't all that important in this context. So basically you own your electric bike but can also rent it out through this companies app (similar to uber).
@@1MinuteFlipDoc NFT relates to the item, not the account, so it's more like a land title proving ownership. Your wallet is your account, and so your wallet number is the equivalent to your bank account number.
The idea is that this system can exist independently of any central organization. With a database you'd need some central entity to maintain it. But with an nft it's more of a peer to peer system
@@sumanthaluri8398 except it’s still absolutely dependent on a singular entity, if their server infra vanishes, it stops working. It doesn’t matter that the data is on a blockchain, it’s worthless
@@PatrikTheDev what their server? If the bike connects to an RPC node via SIM doesn't need their server. Obviously it does for OTA but that's a different story altogether
I am very much in favor of the idea of marrying bicycles with motorcycles; essentially significantly more lightweight and less noisy than a motorcycle, and a significantly more powerful than a bicycle. such a vehicle could become the primary mode of transportation for a large number of people, seeing that the vast majority of car trips are solo. I agree with the critique though; what's the point of blockchain technology here? what's the problem conventional authentification? can't this sense of accountability towards a specific person easily be facilitated without NFTs? also the design needs work. yes, it shouldn't look like a bike - its appearance should communicate that this thing is more like a motorcycle in terms of power, but I don't think the current version is a hit. btw, here's an idea: as I am aware of the can of worms in terms of regulation, give it two modes: a bicycle lane and a street mode, that maybe is even determined automatically. a sensor like a simple camera could probably pretty easily figure out whether we are on a proper street or on something else like a bicycle lane or area with pedestrians. depending on that, it's either throttled or not. if the sensor thing doesn't work out than an intuitive manual switch works too, of course. the street mode would require a drivers license.
over engineered bullshit lol. The NFT integration has no value to the product, and this will not solve the car-centric infrastructure that bikes, scooters and the myriad of other personal transport solutions face.
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Sorry to say guys , you could do everything that this bike does without NFT mumbo jumbo . Welcome to "let's make it futuristic by saying NFT twice" . Grow up .
Whoever covered this story, bikes are bad for urban transportation, best way of transportation in those highly populated areas are buses and similar mass transport system.because 1) it will reduce no of vehicles in road , thus less traffic 2) less pollution ( 100 bikes > 1 bus ) And these suggestions come from someone who is from India ....if you know you know
Not sure where you live that buses can house 100 people, but generally they're for wankers, much prefer tube or train. Buses are good if you want to read, be shielded from the weather or witness an occasional machete fight. Bikes destroy roads less and use less energy per km moved. Also they are good for physical and mental health, going wherever you want, they allow children to explore and grow independent earlier and their fun. I don't think anyone ever described buses as fun.
Traffic laws in some (maybe the majority) locaties require bicycles and other vehicles traveling less than 30mph as close to the curb as possible. Is this one of those vehicles? Bicycling to work sometimes required breaking the law by taking the whole lane (like a car) when traveling above 30mph (on a hill) and then moving back to the curb when the speed dropped. The curb restricts movement and will always be dangerous including debris that will flatten a tire.
From PM who build micro-mobility in India, While the riders wull maintain the bikes, its the safety aspect from non riders which is the key to build this.
it'd be great to take them on trains for longer journeys. Also bikes with trailers for shopping so more bike lanes to supermarkets required rather than what is now. The supermarket is built for the car
Hey freethink, look at DAT motorcycles in Vietnam, awesome looking electric bikes actually making a difference there. No technical unnecessary stuff, in an environment where it matters
I've yet to see an that e-bikes can be used by someone over 250lbs which is about half the population (unfortunately) seems a real shortcoming, and also rules out two people on a bike.
I think any micromobility that requires a helmet is going to be kind of challenged. Properly designed cycling infrastructure plus 25kph/15mph speed limited ebikes are probably the way to go. Much faster gets to be dangerous without a helmet. I think electric motorcycles or faster throttle ebikes make sense, but not for sharing, as you should wear a helmet when riding these, and ride them on the street (not cycling infra).
I may have missed what was new about this? The engineering isn't. The idea isn't. Here in Japan people have had electric-assisted bicycles for 20 years at least.
While I think this kind of thing is really great for the future of mobility, having grown up in NYC I can say that the problem is safety and lack of infrastructure. NYC drivers are just...yeah...I don't trust people enough to ride on the streets of the city and not get run over. We need better infrastructure to have more bike lanes (or whatever you want to call them) with appropriate barriers between cars and the rest. Not to mention all of the idiots on these bikes who WILL get killed. I don't want to come off as too negative, I think this is great and I wish this kind of thing the best of luck going forward.
The importance of the intellectual property regarding digital/virtual ownership and control of a vehicle (any vehicle) cannot be overstated. While the Pave itself is relatively unremarkable, the digital aspect is what truly sets it apart from everything else currently available. If Pave Motors aren't focusing on licensing this aspect of their offering, they're missing their single greatest opportunity. The ability to create a secure, decentralized micro-mobility network is *huge.* Pave Motors now need to go further in developing the payment, scheduling/availability, regulatory, licensing, insurance, maintenance and repair aspects of their offering. Is the Pave an e-bike? Is it a moped? Nope. It's neither. The lack of pedals and only throttle control prevent non-licensed and non-registered operation. Further, there currently are no classifications for vehicles capable of only urban transport; where speeds are typically 30 mph or less. Most likely, the Pave would have to be registered as a motorcycle, with riders requiring standard driver's licence with a motorcycle endorsement. This is a not insignificant issue as many urban residents comprising the target market don't have driver's licenses as they typically walk, take public transportation or rely on rideshare services. As usual, technology is once again far outpacing governments' abilities to address and enable breakthroughs. Beyond infrastructure realignment that makes streets safer and more convenient for pedestrians, bicyclists and now those wishing to take advantage of micro-mobility, what's needed are clear and easy registration and licensing regulations, policies and procedures, coupled with sensible and affordable insurance offerings. It makes zero sense to require a prospect Pave owner (who may not have a driver's license) to obtain a standard driver's license, plus a motorcycle endorsement. It makes also makes no sense to require micro-mobility users to fit into the mold developed around traditional transportation options. As the saying goes, "the devil is in the details."
Great concept but the stats show that electric bikes are associated with worse accidents and injuries than either bicycles or motorcycles because the rider uses it like a bicycle rather than a motorcycle which it ESSENTIALLY IS, therefore no protective gloves, boots or body armor, and because people would feel weird doing that on an electric bike so they willfully use no protective gear except a helmet.
The thing you need to ask yourself is: why do Americans love cars? They signify independence, freedom, and the ability to get around. For most people, you cannot go out and meet others outside of school without the help (and presumed supervision) of your parents. Of course, you will grow attached to your car, not only is it your gateway to the wider world, it's a huge expenditure, and so you would feel shame if you thought it was a bad use of money. This is not how it always was, nor has to be. We are the richest single country in the world, if we built usable rapid transit, which comes by with such regularity you do not need a schedule, cars and insurance and paying for gas and roads, would become optional. But of course, that would be communism, wouldn't it?
This is a beautifully designed idea that would work a lot better in Europe. These guys are German and took a big gamble trying to sell E-Bike Urban Transport to the American Market. No U.S. city (except perhaps in Oregon) has the infrastructure to compliment this new type of vehicle that honestly doesn't exist to american city design, unfourtunatley.
This doesn't even address the problem with small mobility vehicles: you can't get groceries with them, you can't drop your kids off at school with them; this has very limited use case potential. So even if you live near enough to everything you need to do that you don't necessarily need a car (which I would argue most people don't), you still have to use a car to run errands. & what if it's raining & you just have to go to work, you don't need to drop the kids off or pick up any cargo...still can't use this joke. & what if you just don't feel comfortable on a motorcycle? I'd argue you probably won't feel comfortable with this either as it seems more powerful than an ebike & that could turn some people off. & notice how they didn't even mention what this piece of crap that can't even hold your groceries costs...Complete fail.
Although I agree with some of your points I don’t see the need to be so harsh … it won’t be for everyone and it won’t solve all mobility issues but at least it’s an effort in the right direction
You clearly haven't seen people cycling in The Netherlands with their kids, as for pave you can obviously add a basket for groceries if there is a mount if not you can make one. Or do what I do and put shopping in a back pack.
I used to haul plenty of groceries, and even tools and construction materials on a non-powered pedal bike. If you can't haul groceries on this thing, then you must have some serious problems. I could do without all the Blockchain crap, but the vehicle itself is a very fine thing. It is not a failure, you are.
This is literally a worse option than a regular ebike. Tons of ebikes right now have pedals which means if you run out of battery you can still MOVE ON THE VEHICLE. Not only this but you don't have to use electricity if you don't want to if the trip is short enough. Why did we have to add NFT's to this? You couldn't have used a serial number + security system for bike safety along with a database / app pairing system that's centralized if you really wanted to? This isn't global finance we're talking about it's not a huge issue to have a centralized medium of communication lmao.
how is an nft better than a key? if it transfers ownership of the bike you still have to transfer the bike & key physically in person - why not just use that as your proxy for ownership? I think they are just trying to get in on a bubble for funding
Not necessarily, it does not have to have a traditional key. Authentication likely checks the current owner, so you could sell it on a marketplace and go pick it up. Old owner wouldn't be able to use it.
@@gebys4559 how does that actually work I wonder, I guess you have to give an app a private key to your crypto wallet that has it? The bike has to be the one to look up the block chain or a hacked app could do it that means the bike would need internet right? So I guess the app does it, maybe the signal it sends the bike to unlock itself is impossible to hack - idk about that though. I guess anything can be hacked either way
@@RemotHuman pretty much you got it right. Though might not even need to give the key to the app and instead keep it with a ideally a more secure wallet that would sign on your behalf to pass it. Anything can be hacked, like banks used to be and constantly are. It's an iterative process as far as learning from others mistakes. for all we know if they didn't do their job correctly all you might need to do is place the bike upside down to fool the gyro, set the throttle at 40 degrees and voilà, ignition works. If you want rentals you need a backend, theoretically having it on blockchain makes it more independent of the company and as such should be better for the customer. If bike receives any software updates that potentially could override current owner than as any system it's only as strong as it weakest point. Decentralised world is coming about bit by bit, and these guys should be applauded as they are doing something new, whether it works out or not we will learn from its success or failure.
This herd mentality model is definitely going to be the natural progression for the internet and is clearly visible in how twitch and TH-cam model is working with the next generation. We now just need to ensure it is harnessed for the common good, rather than society ending greed.
I would not want to have to access the Internet just to use my bike. Internet access is patchy where I live, and if I couldn't ride my bike because of that, I would hate it. If I have to lock my bike, give me a good old-fashioned mechanical combination lock thank you. What if you lost your phone, or run out of battery? Can you still ride your bike? Just imagine being stranded somewhere because you didn't have your phone, or you could not access Internet. You would feel like a complete idiot.
Didn't he think about using his NFTs with the batteries... it's like the value equivalent to a motor in ICE vehicles=$$ where when it's missing you can approximate the current value to half/50% the total value of the complete unit at the market under/over evaluation factor (usually a % based on trendiness and offer over demand ratio) + deterioration over life expectancy of critical+costly components. If we could see prices evaluation for everything around all day, we would become much more responsible (and maybe a tad more greedy by fear of losing control=stress) but we would see direct impact... So how about said price evaluation could be seen on our forehead...we would think twice about eating too much, too little, abuse drug, accept a financing contract we can't afford, working in places with toxic fumes, staying in unhealthy relationships and jobs... If we could see that, we'd be also prone to make better strategic plans for the better of ourselves and those around/the "group" and our community. In the end, we should give ourselves the ability to see what there is as value and how our or others actions make it deteriorated or better(renewed/ameliorated). Our intuitive appreciation/valuation of things, limits our coordination of caring for said values and chosing the better/good courses of actions to maintain them as so. That's part why selfishness exist...we have no emotional anchors/connection to things we do/don't that seemingly doesn't affect us. It's not much intelligence more than capacity (data capacity), valuation and communication abilities (interpretation and data transmission). It seems complicated but, all we need is finding the right tools to give us the data and variations of it with time to interpret it. PS: I would ask a driver license, passport or social number for the bike...since there can be no doubles
Literally what part of this requires Nfts?? Every single part of this management system could be solved with traditional authentication techniques. Like, OK you have a good fast electric bike. That should be enough! Why do you have to involve stupid Nfts? It's literally just trying to capitalise on the hype around Nfts to make this seem "revolutionary"
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Nah bro looks asia city, most of people there are using motorcycle. America cuties are doing great you guys just need to focus on public transport and widening sidewalk.
The NFT part is absolutely useless, it's just to convince some idiots investors by using trending words such as "blockchain" and NFTs. I'm surprised they don't use "inclusive" and AI as well... The bike itself really offers nothing special...
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Yeah they are just using the nft for branding simple data base would work just fine.
Actually it sounds like they’re using the nft as a way to allow each owner to lend out their vehicle to people. If you’re in a city w/ current shared scooters etc you will be familiar with how they often are laying across sidewalks, poorly stored etc. sounds like they think by allowing the owners to utilize the nft for sharing that people borrowing that persons vehicle-that they may take better care of it and not leave it strewn about….I don’t know about that… if use of the blockchain/nft creates an easy way to lend/rent out yr vehicle (I wonder how insurance works with that?) then it’s a new approach.
@@judgeworks3687 I hope they circle back and see how well it does.
@@judgeworks3687 an nft real value comes from the ledger that says who owns it. That's why I said a data base would work just fine all you would need to do is subtract and add who owes what.
@@judgeworks3687 which can absolutely be done with a traditional database as well, no blockchain needed.
using NFT actually creates more problem in this case. If the owner wallet is lost or stolen, so is the bike.
What is clear is that 90 per cent that are fit enough to use a 2 wheel electric small bike like these without pedals should do, plus its way more fun than a car.
They are right in the fact that electrifying cars is not going to solve the problem of cars, too big, too costly, too high maintenance, need giant parkings and large roads, and most important cars are very dangerous for other user of the road like two wheelers and should only be used by people with mobility problems like older people.
Gogoro is doing a similar thing with large scale with their electric mopeds in taiwan, china and many other countries with easy battery swapping stations.
Bs. What about families with newborns, for example? Your generalization is pretty bad. I see were you were going into, but bruh...
@@DavidUtau That's because you are not aware that the vast majority of trips in cars is just one person going to their job and coming back of their job which is the most inneficient way of using a car. I agree if you have children a car is a great option but you don't need a giant pickup truck for this either.
@@DavidUtau Then that obviously doesn't apply to them
@@DavidUtau nobody is talking about a full size family. The majority of cars moving through nyc are only carrying 1 to 2 people and it's annoying how some of those cars are too big to make sense.
ever since I got a car my life has gotten so much easier and exploring places out of the city is more fun. I own a bicycle and it can have its limitations. some people don't realise that big cities have a lot of obstacles for BOTH cars and bikes (electric and non-electric). Cars can get stuck in traffic, higher maintenance cost, parking issues, can be expensive to buy one. Bikes on the other hand are limited on how far and how fast they can go. they are more prone to theft. you can't just leave it outside and go on with shopping or run errands without worrying that they will steal it.
What I prefer is to have both (if you can)!
NFT and blockchain mambo-jumbo 😆Basically they are using "NFT" as an access-token to use the bike. Pretty dumb and over-engineered.
A simple mobile app for authentication was more than enough.
I like the design cause it makes it look solid/robust/longlasting and also probably comfortable for long rides.
yeah right.
Care to explain me better, please? I know I'm asking for a lot, but i can't understand this NFT stuff, and neither your opinion about it, zero, nada.
@@MP-ut6eb an NFT number is basically like your bank account number or your social security number. accounts/numbers that are dedicated and owned by you only. the back-end/accounting for this is done via blockchain, which really isn't all that important in this context.
So basically you own your electric bike but can also rent it out through this companies app (similar to uber).
@@1MinuteFlipDoc ty, i understood better now
@@1MinuteFlipDoc NFT relates to the item, not the account, so it's more like a land title proving ownership. Your wallet is your account, and so your wallet number is the equivalent to your bank account number.
Whats the point of using blockchain to register vehicle ownership information ? A database could have handled that
Marketing
A database is centralized and must be trusted to not be fiddled by someone or not to ban you from it. Blockchain removes all those vulnerabilities.
The idea is that this system can exist independently of any central organization. With a database you'd need some central entity to maintain it. But with an nft it's more of a peer to peer system
@@sumanthaluri8398 except it’s still absolutely dependent on a singular entity, if their server infra vanishes, it stops working. It doesn’t matter that the data is on a blockchain, it’s worthless
@@PatrikTheDev what their server? If the bike connects to an RPC node via SIM doesn't need their server.
Obviously it does for OTA but that's a different story altogether
*Barges in*
"tHis bIke, iS rUn oN tHe bLocKcHaIn''
*refuses to elaborate*
I am very much in favor of the idea of marrying bicycles with motorcycles; essentially significantly more lightweight and less noisy than a motorcycle, and a significantly more powerful than a bicycle. such a vehicle could become the primary mode of transportation for a large number of people, seeing that the vast majority of car trips are solo.
I agree with the critique though; what's the point of blockchain technology here? what's the problem conventional authentification? can't this sense of accountability towards a specific person easily be facilitated without NFTs? also the design needs work. yes, it shouldn't look like a bike - its appearance should communicate that this thing is more like a motorcycle in terms of power, but I don't think the current version is a hit.
btw, here's an idea: as I am aware of the can of worms in terms of regulation, give it two modes: a bicycle lane and a street mode, that maybe is even determined automatically. a sensor like a simple camera could probably pretty easily figure out whether we are on a proper street or on something else like a bicycle lane or area with pedestrians. depending on that, it's either throttled or not. if the sensor thing doesn't work out than an intuitive manual switch works too, of course. the street mode would require a drivers license.
I highly agree with EVERYTHING you just said
2 modes is a good idea. Because if you add pedals and a chain you don’t need to register it as a motorcycle.
over engineered bullshit lol. The NFT integration has no value to the product, and this will not solve the car-centric infrastructure that bikes, scooters and the myriad of other personal transport solutions face.
Tries to tackle a different thing thing, think Lime bikes but where company only produces units rather than owning the whole fleet.
I love everything about them. The bike, the decentralised rental model.
I still suggest adding pedals and a chain. Because if it counts as a bicycle it’s cheaper to register
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Sorry to say guys , you could do everything that this bike does without NFT mumbo jumbo . Welcome to "let's make it futuristic by saying NFT twice" . Grow up .
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I stopped watching when he said NFT...
ok
I literally shat and threw up, still cleaning up.
If we ever open camps again, people who have NFTs as their twitter handles are going there first.
It was actually a good concept. Not a big investment idea..
Physics: your batteries must be integrated into the lowest center gravity.
Humans: two-wheelers are invisible to humans driving four-wheelers.
Whoever covered this story, bikes are bad for urban transportation, best way of transportation in those highly populated areas are buses and similar mass transport system.because
1) it will reduce no of vehicles in road , thus less traffic
2) less pollution ( 100 bikes > 1 bus )
And these suggestions come from someone who is from India ....if you know you know
Not sure where you live that buses can house 100 people, but generally they're for wankers, much prefer tube or train. Buses are good if you want to read, be shielded from the weather or witness an occasional machete fight.
Bikes destroy roads less and use less energy per km moved. Also they are good for physical and mental health, going wherever you want, they allow children to explore and grow independent earlier and their fun. I don't think anyone ever described buses as fun.
Traffic laws in some (maybe the majority) locaties require bicycles and other vehicles traveling less than 30mph as close to the curb as possible.
Is this one of those vehicles?
Bicycling to work sometimes required breaking the law by taking the whole lane (like a car) when traveling above 30mph (on a hill) and then moving back to the curb when the speed dropped.
The curb restricts movement and will always be dangerous including debris that will flatten a tire.
Too true! My biggest challenge with urban bicycling is the debris/crazy driver "crunch" - I dont WANNA "crunch" 😓😂
Sounds like the US needs some Urbanism.
@@the11382
As in bicicle only lanes free of cars and pedestrians.
From PM who build micro-mobility in India, While the riders wull maintain the bikes, its the safety aspect from non riders which is the key to build this.
it'd be great to take them on trains for longer journeys. Also bikes with trailers for shopping so more bike lanes to supermarkets required rather than what is now. The supermarket is built for the car
We saw Turo do peer to peer lending, not sure that helps with users behaving better. Love that they are trying a new approach
That is smart! If the security is good enough, it could even be impossible to steal it if it cannot be unlocked without the NFT.
If you're having any kind of problem with your phone, you would be screwed. I prefer a mechanical combination lock.
Hey freethink, look at DAT motorcycles in Vietnam, awesome looking electric bikes actually making a difference there. No technical unnecessary stuff, in an environment where it matters
Great work 🥳🥳🥳 Thank you 💜💜💜
what if the battery blows up from under u?
give it more power, range, and suspension, then it will be perfect for rural places
It's got plenty of room for a second battery!
Can a crotch be so close to a battery? Are there any radiation issues coming off of the battery into the human body?
No pedals means you need a license plate plus you are tracked day and night. My ebike does it all and i am free of outside control
Superglue pedals
Just get a bicycle. Why are we making things so complicated?
Finally. People are doing replaceable batteries instead of 10 hours charging. Nice
I've yet to see an that e-bikes can be used by someone over 250lbs which is about half the population (unfortunately) seems a real shortcoming, and also rules out two people on a bike.
Anyone who weighs over 250 pounds probably should get a pedal bike instead. They could use the exercise.
Only software engineers would know that this is fake or over-engineered
Go on
I think any micromobility that requires a helmet is going to be kind of challenged. Properly designed cycling infrastructure plus 25kph/15mph speed limited ebikes are probably the way to go. Much faster gets to be dangerous without a helmet. I think electric motorcycles or faster throttle ebikes make sense, but not for sharing, as you should wear a helmet when riding these, and ride them on the street (not cycling infra).
Even for single person, with only a a small bag on his back, their are 2 main advantages for cars over bikes: protect from rain and an air condition.
What about electric unicycles? I did 10k miles so far this year.
These guys are brilliant.
I may have missed what was new about this?
The engineering isn't.
The idea isn't.
Here in Japan people have had electric-assisted bicycles for 20 years at least.
While I think this kind of thing is really great for the future of mobility, having grown up in NYC I can say that the problem is safety and lack of infrastructure. NYC drivers are just...yeah...I don't trust people enough to ride on the streets of the city and not get run over. We need better infrastructure to have more bike lanes (or whatever you want to call them) with appropriate barriers between cars and the rest. Not to mention all of the idiots on these bikes who WILL get killed. I don't want to come off as too negative, I think this is great and I wish this kind of thing the best of luck going forward.
The importance of the intellectual property regarding digital/virtual ownership and control of a vehicle (any vehicle) cannot be overstated. While the Pave itself is relatively unremarkable, the digital aspect is what truly sets it apart from everything else currently available. If Pave Motors aren't focusing on licensing this aspect of their offering, they're missing their single greatest opportunity. The ability to create a secure, decentralized micro-mobility network is *huge.* Pave Motors now need to go further in developing the payment, scheduling/availability, regulatory, licensing, insurance, maintenance and repair aspects of their offering.
Is the Pave an e-bike? Is it a moped? Nope. It's neither. The lack of pedals and only throttle control prevent non-licensed and non-registered operation. Further, there currently are no classifications for vehicles capable of only urban transport; where speeds are typically 30 mph or less. Most likely, the Pave would have to be registered as a motorcycle, with riders requiring standard driver's licence with a motorcycle endorsement. This is a not insignificant issue as many urban residents comprising the target market don't have driver's licenses as they typically walk, take public transportation or rely on rideshare services.
As usual, technology is once again far outpacing governments' abilities to address and enable breakthroughs. Beyond infrastructure realignment that makes streets safer and more convenient for pedestrians, bicyclists and now those wishing to take advantage of micro-mobility, what's needed are clear and easy registration and licensing regulations, policies and procedures, coupled with sensible and affordable insurance offerings.
It makes zero sense to require a prospect Pave owner (who may not have a driver's license) to obtain a standard driver's license, plus a motorcycle endorsement. It makes also makes no sense to require micro-mobility users to fit into the mold developed around traditional transportation options.
As the saying goes, "the devil is in the details."
Well thought out observations and apropos response. Love it.
Love this. Great reporting 🤘🏻
These will have to be registed and you'll need a licence in Australia. Great idea, but out lay will be $500 a year :(
Great concept but the stats show that electric bikes are associated with worse accidents and injuries than either bicycles or motorcycles because the rider uses it like a bicycle rather than a motorcycle which it ESSENTIALLY IS, therefore no protective gloves, boots or body armor, and because people would feel weird doing that on an electric bike so they willfully use no protective gear except a helmet.
Man I ain’t gonna buy ugly thing.
The thing you need to ask yourself is: why do Americans love cars?
They signify independence, freedom, and the ability to get around. For most people, you cannot go out and meet others outside of school without the help (and presumed supervision) of your parents. Of course, you will grow attached to your car, not only is it your gateway to the wider world, it's a huge expenditure, and so you would feel shame if you thought it was a bad use of money.
This is not how it always was, nor has to be.
We are the richest single country in the world, if we built usable rapid transit, which comes by with such regularity you do not need a schedule, cars and insurance and paying for gas and roads, would become optional.
But of course, that would be communism, wouldn't it?
This is a beautifully designed idea that would work a lot better in Europe. These guys are German and took a big gamble trying to sell E-Bike Urban Transport to the American Market. No U.S. city (except perhaps in Oregon) has the infrastructure to compliment this new type of vehicle that honestly doesn't exist to american city design, unfourtunatley.
Cool stuff!
This doesn't even address the problem with small mobility vehicles: you can't get groceries with them, you can't drop your kids off at school with them; this has very limited use case potential. So even if you live near enough to everything you need to do that you don't necessarily need a car (which I would argue most people don't), you still have to use a car to run errands. & what if it's raining & you just have to go to work, you don't need to drop the kids off or pick up any cargo...still can't use this joke. & what if you just don't feel comfortable on a motorcycle? I'd argue you probably won't feel comfortable with this either as it seems more powerful than an ebike & that could turn some people off. & notice how they didn't even mention what this piece of crap that can't even hold your groceries costs...Complete fail.
Although I agree with some of your points I don’t see the need to be so harsh … it won’t be for everyone and it won’t solve all mobility issues but at least it’s an effort in the right direction
You clearly haven't seen people cycling in The Netherlands with their kids, as for pave you can obviously add a basket for groceries if there is a mount if not you can make one. Or do what I do and put shopping in a back pack.
I used to haul plenty of groceries, and even tools and construction materials on a non-powered pedal bike. If you can't haul groceries on this thing, then you must have some serious problems. I could do without all the Blockchain crap, but the vehicle itself is a very fine thing. It is not a failure, you are.
This is literally a worse option than a regular ebike. Tons of ebikes right now have pedals which means if you run out of battery you can still MOVE ON THE VEHICLE. Not only this but you don't have to use electricity if you don't want to if the trip is short enough. Why did we have to add NFT's to this? You couldn't have used a serial number + security system for bike safety along with a database / app pairing system that's centralized if you really wanted to? This isn't global finance we're talking about it's not a huge issue to have a centralized medium of communication lmao.
how is an nft better than a key? if it transfers ownership of the bike you still have to transfer the bike & key physically in person - why not just use that as your proxy for ownership? I think they are just trying to get in on a bubble for funding
Not necessarily, it does not have to have a traditional key. Authentication likely checks the current owner, so you could sell it on a marketplace and go pick it up. Old owner wouldn't be able to use it.
@@gebys4559 how does that actually work I wonder, I guess you have to give an app a private key to your crypto wallet that has it? The bike has to be the one to look up the block chain or a hacked app could do it that means the bike would need internet right? So I guess the app does it, maybe the signal it sends the bike to unlock itself is impossible to hack - idk about that though. I guess anything can be hacked either way
@@RemotHuman pretty much you got it right. Though might not even need to give the key to the app and instead keep it with a ideally a more secure wallet that would sign on your behalf to pass it.
Anything can be hacked, like banks used to be and constantly are. It's an iterative process as far as learning from others mistakes. for all we know if they didn't do their job correctly all you might need to do is place the bike upside down to fool the gyro, set the throttle at 40 degrees and voilà, ignition works.
If you want rentals you need a backend, theoretically having it on blockchain makes it more independent of the company and as such should be better for the customer. If bike receives any software updates that potentially could override current owner than as any system it's only as strong as it weakest point.
Decentralised world is coming about bit by bit, and these guys should be applauded as they are doing something new, whether it works out or not we will learn from its success or failure.
That seat looks uncomfortable.
This herd mentality model is definitely going to be the natural progression for the internet and is clearly visible in how twitch and TH-cam model is working with the next generation. We now just need to ensure it is harnessed for the common good, rather than society ending greed.
Nice. can i try one?😘
Yeah, I have videos of me and ebikes/scooters. I’d definitely abuse them. But they seem kinda slow.
Smells like failure
NOT EVERYTHING HAS TO BE BLOCKCHAIN
Sooo... They need an e-bike with a overly-complicated key system. Feckin' tech bros...
No car zones in cities coming soon.
HHO GENERATOR WITH SUPERCAPACITOR + FUELCELL + BATTERY
I hope these guys succeed
And what's to stop a VC backed company from just buying all this up to create another Lime to clutter the streets with plastic junk?
I like the bike, but I'm not into sharing or renting or living in a city or having to lock my bike.
I would not want to have to access the Internet just to use my bike. Internet access is patchy where I live, and if I couldn't ride my bike because of that, I would hate it. If I have to lock my bike, give me a good old-fashioned mechanical combination lock thank you. What if you lost your phone, or run out of battery? Can you still ride your bike? Just imagine being stranded somewhere because you didn't have your phone, or you could not access Internet. You would feel like a complete idiot.
Didn't he think about using his NFTs with the batteries... it's like the value equivalent to a motor in ICE vehicles=$$ where when it's missing you can approximate the current value to half/50% the total value of the complete unit at the market under/over evaluation factor (usually a % based on trendiness and offer over demand ratio) + deterioration over life expectancy of critical+costly components.
If we could see prices evaluation for everything around all day, we would become much more responsible (and maybe a tad more greedy by fear of losing control=stress) but we would see direct impact... So how about said price evaluation could be seen on our forehead...we would think twice about eating too much, too little, abuse drug, accept a financing contract we can't afford, working in places with toxic fumes, staying in unhealthy relationships and jobs...
If we could see that, we'd be also prone to make better strategic plans for the better of ourselves and those around/the "group" and our community.
In the end, we should give ourselves the ability to see what there is as value and how our or others actions make it deteriorated or better(renewed/ameliorated).
Our intuitive appreciation/valuation of things, limits our coordination of caring for said values and chosing the better/good courses of actions to maintain them as so. That's part why selfishness exist...we have no emotional anchors/connection to things we do/don't that seemingly doesn't affect us. It's not much intelligence more than capacity (data capacity), valuation and communication abilities (interpretation and data transmission). It seems complicated but, all we need is finding the right tools to give us the data and variations of it with time to interpret it.
PS: I would ask a driver license, passport or social number for the bike...since there can be no doubles
Literally what part of this requires Nfts??
Every single part of this management system could be solved with traditional authentication techniques. Like, OK you have a good fast electric bike. That should be enough! Why do you have to involve stupid Nfts? It's literally just trying to capitalise on the hype around Nfts to make this seem "revolutionary"
Electric bikes already exist, stupid to include nfts into the mix
Às someone who modify e-scooters to be free and unlimited, I really forward to these new ebikes heh
@Will Rivers super easy ones you learn what wires to cut, get a security bitset, and the key is the micro controller board lol $45 dollars, even through the Walmart online store 😂. Segway and razor are the manufacturers ya wanna really research but others are easy to find too lol. Oh and oven cleaner is the best for stripping powder based paint they use (do it out side and mask and glove up!!!!). Remember: unplug all batteries and ditch the gps! (Usually found in the interface box) happy hunting lol
Blockchain shmokctain cockchain blah blah blah lol i wonder if that word will ever actually even mean anything to me
I can buy a similar bike from China that cost equivalent to renting 10-20 time
blockchain bullshit.
So what's the blockchain?
This dudes don't even answer to potential customers on Instagram... fishy fishy
Buy scooter in in urban areas can injure you just bad as a small motorcycle. So
So an electric moped.
Wow
Nah bro looks asia city, most of people there are using motorcycle. America cuties are doing great you guys just need to focus on public transport and widening sidewalk.
This might be a meaningful of NFT'S in future.
At least in this case it signifies ownership/loan of an actual item of value, not some dumb jpg.
dont bring that to chicago, mfs will throw them onto trees
One company gave up in Manchester, it was either canals, trees or lamposts.
stupid idea
The bike doesn't look cool or modern.
Needs a design change.
Bruh just buy an electric uni cycle.
So a scooter
Why not use a electric scooter, the nfts is bullshit
So… Turo for mopeds, but with crypto buzzwords
So a moped
Seriously blockchain? And this bogus look? And helmets?
The NFT part is absolutely useless, it's just to convince some idiots investors by using trending words such as "blockchain" and NFTs. I'm surprised they don't use "inclusive" and AI as well... The bike itself really offers nothing special...
Do you guys get paid to make inspiring videos about terrible ideas ?
Y
I feel dumber after listening to this
Design is really bad.
Sorry to say.
This nft tech bro stuff is Soo cringe
Hahahah that's kinda racist hahahaha
lol
NFT = dumb
Over engineered bullshit.
1st 🤣
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I'm surprised you know he too, I've been making a lot of profits investing with him for a few months now
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You invest with Mr tech4shaanfx too? Wow that woman has been a blessing to me and my farnily,
You invest with Mr tech4shaanfx too?
Wow that woman has been a blessing to me and my farnily,
Wow