LETSTOP app is available for download and seeks to make
the behavior of drivers on the road safer • You can earn
crypto-currencies worth about 3
dollars for every hour of safe driving
TEL
AVIV, Israel, June 26,
2024 /PRNewswire/ -- Every year about 1,350,000
people lose their lives in traffic accidents, with 9% of the cases
attributed to phone use while driving. While governments around the
world take punitive measures, the startup LETSTOP chose an
innovative approach of rewarding responsible driving without
distractions.
Using advanced technology, the app tracks phone usage while
driving and gives users credits for every minute of driving without
touching the device. The credits accumulated in the application can
be redeemed in the virtual store to purchase vouchers for various
businesses. Additionally, they can be converted into the designated
cryptocurrency, which can be traded on
crypto exchanges. This is how LETSTOP bridges the
traditional world with the technological innovation of
blockchain.
The app is available for download on Apple and Android
devices and users can start earning money. In the last two months,
the application reached over 50,000 users who drove a total of 3
million kilometers of safe driving. The calculation of the rewards
is an automatic process that is carried out by a specially
developed algorithm, taking into account factors such as the user's
level in the application, their monthly accumulated balance in the
application and the trip score. The company is supported by experts
in the automotive, crypto and artificial intelligence fields. The
company aims to create a global community that works to make the
roads safer and reduce the alarming statistics of traffic accidents
caused by using the phone while driving.
Behind LETSTOP stand Dor Levy and Almog Nissan. The idea to establish the company
came after Almog had a serious car accident in which a driver
crossing a red light collided with him. "I experienced firsthand
the devastating consequences of distracted driving," says Almog,
co-founder of LETSTOP. "We are not just an app, but an enterprise
that aims to create a safer driving culture. We want to reward
positive behavior and encourage users to drive responsibly." CEO
Dor Levy added: "By promoting safe and conscious driving, we aim to
reduce the risks on the roads and contribute to the security and
peace of the public".
Media Contact:
LETSTOP Ltd
https://www.letstop.io/
https://www.linkedin.com/company/letstop/
Contact@letstop.io
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SOURCE LETSTOP