ICO RedCab || Transport solutions are decentralized powered by Blockchain technology and governed by smart contracts.
Introduction!
Our first Beta version of the Mobile App went live in 2017, as part of our on ground market research and gathering feedback. The Mobile App soft launch took place in a small touristic spot by the Red Sea for more on hand operations and to test the car hailing service. We observed a huge potential in the industry and rising demand in metropolitan cities globally with a future expectation for the industry ballooning to reach $285 Billion by 2030.
What is RedCab?
RedCab LLC is a fast forward company with technological and futuristic business model in the transportation space. From technical aspects to business model, a dedicated research team spent a whole year of research to gather needs, find market gaps and assess potential with a clear understanding of customer requirements and customer experience.
Blockchain.
RedCab LLC business model has a dependency and correlation with Blockchain community expansion and progress, hence our business has a clear goal of contributing positively for a better and well-developed Blockchain environment. RedCab LLC will invest 5% from its annual profits in newly promising ICO’s introduced to the market and will help other ICO’s through partnerships and business cooperation to build a solid business network of partners and Startups that share the same vision of making steady profits while making the world a better place.
Our Goal:
The goal of the RedCab “Token Sale” is to convert our business model into a decentralized ecosystem that allows access to global markets with a transparent approach, reduce expenses of transportation for end users saving more than $60B made through middlemen businesses, and to develop our infrastructure to address the growing international demand on transportation services around the world through developing a powerful scalable tool.
Background.
RedCab LLC was founded by mid of 2016 to reinvent the peer-to-peer transportation solutions by solving a real problem through understanding the root causes of riders’ and drivers’ actual needs, and deliver an innovative solution governed by customer experience, transparency, and efficiency.
RedCab LLC gives the chance for everybody to freelance as integrated service providers working on peer-to-peer scale, while taxi companies operate as an aggregated professional service provider.
Problem.
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.
How RedCab solutions work's?
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. Our business model is designed to ensure smooth market penetration through lean and reliable processes, and our 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.
- More profits for drivers to ensure loyalty and more savings for customers to ensure usability.
- Network Dominance through balancing supply and demand.
- A Community driven decentralized solution governed by smart contracts to ensure transparency and consistency.
- An AI powered personal assistant to boost emotional engagement and customer experience.
Penawaran Layanan.
RedCab LLC akan mengintegrasikan 100% dari layanan yang ditawarkan di aplikasi seluler kami yang tersedia di kedua toko - App store dan Google play - untuk memudahkan proses pembayaran semua layanan transportasi, memantau penggunaan, dan hak istimewa dari platform penggunaan berlapis-lapis.
- Car Hailing.
- Car Pooling.
- Hotel & Airport transportation.
- Delivery service.
- Pick up service.
Business.
Transparent Commission scheme:
RedCab LCC developed a unique business model where we discovered that we can actually make money without ripping off customers or pressing on drivers’ toes. We will not take a cut from the trips. 100% of the price paid by the rider goes to the driver, and because the whole process is decentralized, the rider pays less, and the driver gets all of the money.
Token Launch:
RedCab LLC token contribution event is powered by the Blockchain community and supported by our website platform. To participate in the Token Sale, you need to visit our ICO website https://redcab.io to register for the token contribution event.
Users must own an ERC-20 compatible wallet such as My Ethereum Wallet in order to receive their tokens which will be distributed after the purchase. Users may also be required to provide additional information and documentation to verify their identity as part of the KYC process, as mentioned in the purchase instructions available on the website.
Token contribution.
The RedCab LLC Token Sale will take place on June 01st 2018 00:00 GMT and will complete by the end of August 15th 2018 23:59 GMT (the “Closing Date”) or until the amount of contributions received reaches the hard cap.
RedCab LLC may extend the Closing Date, or shorten the event period for any reason including but not limited to unforeseen security and procedural issues with maximum extension of 30 days.
ICO Details:
RedCab is committed to a transparent token sale process. We will notify the public with the final total amount of REDC tokens in circulation after the completion of the Token Sale because tokens are minted as contributors buy it. This is to maximize the value of tokens sold, scarce the supply, and create a value for token holders once we’re listed on major exchanges.
(RedCab will not create any new REDC tokens after the Token Sale.)
Token Distributions.
- 9% Team and Founders.
- 3% Advisors.
- 1% Bounty.
- 7% Private Sale.
- 15% Presale.
- 25% Reserved for Proof-Of-Driving & Proof-of-Marketing token generation.
- 40% Crowd-sale.
Token allocation:
Use of fund is the most important part of any successful business, from investment and ownership perspective, our community investors need to understand how the funds from the Token Sale will be spent, and how budget allocation mechanism will work for best utilization and better results.
- 29% Product Development.
- 41% Marketing, Acquisitions and Partnerships.
- 13% Management & Advisory board.
- 11% Admin and Operations.
- 6% Legal.
Roadmap.
Team:
Advisor:
Official website:
Website: https://redcab.io/
Bitcointalk Ann Thread: https://bitcointalk.org/index.php?topic=3835338.0
Whitepaper: https://redcab.io/downloads/Whitepaper_EN_v1.0.pdf
Telegram: https://t.me/redcab_ICO
Facebook: https://facebook.com/redcabeg
Twitter: https://twitter.com/redcab_llc
Reddit: https://www.reddit.com/u/Redcab_io
Blog: https://medium.com/redcab
Github: https://github.com/Redcabllc
Discord: https://discord.gg/n28uxaD
Author name: #muhammadomy.
Bitcointalk profile URL: 0x02892c17dBF5EA9411fD0fa9a67Acc0140819E2F
ERC20 ETH wallet: https://bitcointalk.org/index.php?action=profile;u=1128332