Company Information

Get to know DAV

The DAV Foundation is a Swiss-based non-profit organization that developed a decentralized, blockchain-based protocol for transportation. Its mission was to create a peer-to-peer network where autonomous vehicles like drones and self-driving cars could discover, communicate, and transact with each other and with human users directly. The platform is built on Ethereum and utilizes a native cryptocurrency, the DAV token, to facilitate payments for services like package delivery or ridesharing within the network. The project was active from around 2017, but public communications and development appear to have ceased around 2019-2021, indicating the project is currently dormant or inactive.

Industry

Technology Software DevelopmentPRIMARY
Crypto Cryptocurrency

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DAV

Switzerland

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.