RedCab - A Decentralized Global Transportation Platform,
ICO market is nowadays pretty similar to the Wild West during the gold rush period. It is possible to earn money very quickly, sometimes even good money, but you have to find a perfect spot, or in this case, a good project to invest. Common thing to the Wild West? No guaranties and almost no law. It is pretty easy to find bad cowboys which are going to promise you golden mountains to steal your last piece of bread. So in all this mess, if you want to find your gold nugget, you can trust just your own brain composites.
So did I and during my research I found the project in which I really put my faith: REDCAB. Very likely you haven’t heard about them, project is made by great team members. Nevertheless, guys have an advantage, many other teams does not: already existing product made on a very perspective field. But these are not all pluses I found in this project. Below you can read the analysis and decide on your own, do you want to send some pennies to the pot. The analysis I will present consists of parts, and each of them shows this project from different angle. So, let’s go!
ABOUT REDCAB
RedCab is a decentralized blockchain based platform aimed at Introducing advanced technology into the transportation industry. RedCab is a Company incorporated to offer a centralized peer to peer transport solution throughout the process using blockchain technology and Token REDC to be used as a utility token for everyday transactions that creates massive demand for limited inventory. RedCab is a decentralized transportation solution while deploys blockchain technology and provides cost effective and secure transactions. The company conceptualizing and leading the RedCab project is "RedCab LLC", registered at Qesm Hurghada, Red Sea Governorate, Egypt.
RedCab uses the blockchain advancement to efficiently make an unrivaled transportation structure by decreasing cost and moreover extended security for trades through decentralization. By the strategy for assignment, RedCab will believe that it's easy to get to the transportation system truly yielding perfect performance, suitably managed shot and besides reusing of advantage inside the natural group. The flexibility of RedCab makes it basic for its helpfulness to conform to different land zones with no issue, this is one of the inside reasons why it won't require much speculation before it works comprehensive. Blockchain technology is regarded as the backbone of this business model from providing secure transactions and quick contracts; it perfectly blends with our business model to deliver a world of decentralized managed and managed transport solutions to people who are ready to serve individuals and support the business.
PROBLEMS
Many start-ups have been rising in the market recently to solve the transportation issue. Most of them are successful as a business, but none of them have succeeded without a social collateral damage.
Despite the fact that technology has bridged the gap for transportation needs and has successfully solved some problems in the past 10 years, this left us with multiple copycat business models without any iteration or innovation. Customers are not only searching for a trendy service, but looking for a true reliable service with sustainable quality and safety, that offers all transportation options and services with a low competitive price, and because customers hate to be abused; so on a rainy day, or a day with heavy traffic; “high rates” fare is not a good move.
SOLUTION REDCAB PROVIDES
RedCab is a decentralizing the transportation solution for individuals by utilizing Blockchain technologies for cost-efficient and secure transactions. On the other hand, saving billions of dollars from transportation commission to be rewarded back to the ecosystem ensuring sustainability and business continuity through cutting-edge technology, performance management and customer loyalty. The business model is designed to ensure smooth market penetration through lean and reliable processes, and the scoring and reward program ensures loyal and productive community. With the variation in fare calculation from one country to another and even from one city to another, RedCab LLC has managed to keep the tool flexible to amend the best pricing formula without surge price or high-cost fare in holidays or bad weather.
REDCAB SERVICES
Car Hailing and Pooling:
No convincing motivation to get stranded hunting down cabs for solitary journeys, family, business or some other related reason, with RedCab, you can without quite a bit of an extend interest for a cab.
Hotel and Airport Transportation:
You can design distinctive trips in case you are going to motels, clubs or extraordinary jobs.
Delivery and Pick-up organizations:
In case you have sustenance others or to get stuffs beginning with one point then onto the following, it just gets less requesting with RedCab.
BENEFITS OF REDCAB FOR CUSTOMERS
No one values sitting tight to get taxis for excursions and all, RedCab will decrease the holding up time of customers and certification smooth utilize.
Lower transportation toll which in this manner prompts extraordinary venture reserves, and the rate does not change.
The referral program makes open entryways for people to get more benefit.
Tokens can moreover be earned through check of advancing.
BENEFITS OF REDCAB FOR DRIVERS
There will be extra winning and advantage
More rides each hour which brings more benefit also
Multi choices of transportation organizations
Obtaining tokens through PoD (Proof-of-Driving).
The business model of RedCab LLC ensures that customers are not astounded that they are spending more than what is fundamental, in this manner the necessity for straightforwardness which is the reason the keen contracts will be used. Moreover, the drivers won't have to worry over salary being shared or part of their benefit cut off as they will be given the whole 100% gathered from trips.
The RedCab Mobile App will have different features one of which is indicate geo centered around advancements for overall reach. Customers won't have to worry over change rate as it will be planned to make ads compelling. It is also going to be multilingual with around 6 tongues which will construct the customer experience.
The Mobile App will in like manner have the ability to design rides, customers will have the ability to organize taxis and get the nearest driver inside your zone. You can in like manner design your excursions if you are the business make that goes to social occasions as often as possible.
TOKEN AND ICO DETAILS
Token Name: REDC
Max Tokens Supply : 100,000,000
Token Type : ERC20
Exchange : 1 ETH = 2333 REDC
Hard Cap : 24529 ETH
Min Purchase : 0.1 ETH = 233 REDC
Main Crowd-Sale Start Date : 22 June at 12:00 AM GMT and ends on 15 August 2018 at 11:59 PM GMT.
Accepted Currency for Token Sale: Ethereum
The RedCab (REDC) Token will be the utility token used on the RedCab ecosystem. The RedCab ecosystem will be hosted on the Ethereum Blockchain Network and the RedCab (REDC) tokens will be ERC-20 compatible tokens.The total number of REDC tokens to be issued will be limited to 100 Million tokens.
You can get Whitelisted here: https://redcab.typeform.com/to/Y9pBCB
For more information, please visit;
Website: https://redcab.io/
Whitepaper: https://redcab.io/downloads/Whitepaper_EN_v1.0.pdf
Telegram: https://t.me/RedCab_ICO
LinkedIn: https://www.linkedin.com/company/redcab
Twitter: https://twitter.com/redcab_llc
Medium: https://medium.com/redcab
Facebook: https://facebook.com/redcabeg
Reddit: https://www.reddit.com/u/Redcab_io
Author
nugezmils
BITCOINTALK PROFILE