IRG TAXI FTR

FTR = a Blockchain-registered Right to buy certain services or goods at a pre-fixed price any time in the future.

Cab — point-to-point passenger-km

One IRG Taxi FTR for the Cab class equals the right to ride one kilometre with a participating owner-operator at a tariff fixed today, redeemable any time during the operator's vehicle life. Operators publish their service-class price; the platform locks it, tracks consumption per-trip, and pays the operator from the corpus fund as units are redeemed.

Use it for daily commutes, airport drops, late-night rides, and tourist trips — wherever a participating taxi is available.

Shared Taxi — per-passenger-km

One Shared-Taxi FTR equals the right to one passenger-kilometre on a multi-passenger ride. Each passenger redeems against their own leg of the fare; the operator's consumption is recorded per passenger.

Designed for shared city routes and intercity shared cabs where households want low, locked, predictable per-seat fares.

What it means for you

Households

Lock taxi fares at today's rates for years to come.
Use FTRs for yourself or any family member.
Resell on the IRG platform if your travel needs change.
No monthly bill, no minimum spend, no penalty for non-use.

Businesses

Cap travel costs against future fare inflation.
Issue FTRs to employees or clients on demand.
Plan budget with certainty for years ahead.
Audit trail and reporting for every redeemed unit.

Institutions & travel agencies

Bulk-allocate units across teams and routes.
Hedge tariff risk across geographies.
Mix and match across operators and service classes.
Liquidity through the platform's market-makers.

Owner-operators & fleets

Non-debt funding for the next vehicle, paid up-front.
Incentive payment for every km run on IRG terms.
Freedom to revise market tariff any time.
No commission cuts, no surge penalties.

In one paragraph

IRG Taxi FTR is a Future Trade Right that lets passengers fix a taxi tariff today and use it any time later, while letting owner-operators raise non-debt funding against the lifetime capacity of their vehicle. The platform records each FTR sale and consumption on the IRG chain, holds operator proceeds in a trustee-managed corpus fund, and pays a per-km incentive directly to the operator's bank account as units are redeemed.

IPR claim

IPRs of the FTRs and the system built around it are registered in the name of Mr. Rohit Tidke. He has exclusively assigned them to Intech research Group.

Disclaimer

The FTR is a solution to facilitate the respective ecosystems. It is not a 'Collective Investment Scheme' under SEBI regulations, and no returns or profits are promised. It is not a digital asset or cryptocurrency. The platform is not a payment aggregator. The services or goods provider on the FTR terms is solely responsible for transactions conducted through the platform. Use of this platform does not create any client or customer relationship between the user and the platform provider, Intech Research Group. It disclaims any liability for any disputes or damages arising from any transaction on the platform.