RedCab - Decentralized Transportation Solution

leephan2001 (39)in #ico • 7 years ago (edited)

Hi everyone!

I'm LeePhan, who loves to learn, analyze and invest ICO projects
Today I will introduce you an ICO program from a country famous for the
pyramid. That project is called RedCab

What is Redcab? We analyze together!

With the development of road transport, transportation is extremely developed. Services such as taxi, trucking, and so on. It generates unwanted intermediaries, costing billions of dollars per year for shipping charges. The RedCab project sees with a vision an opportunity, a project of peer transport. Transfer company Rapid access RedCab LLC was born. Established in 2016 and launched in 2017. By 2018 they have started to build using technology blockchain make the focus The RedCab shipping ecosystem becomes transparent, safe and specially reduces the maximum cost for the driver.
< see video illustration >

How does RedCab work?

With a year of research into the transportation industry, the market, RedCab platform technology has provided peer-to-peer transport services, proof of drive and marketing evidence. With marketing evidence, RedCab's business model delivers 100% user benefits and 100% driver income. By providing matrix performance processes and rewards program with AI to ensure benefits for all participants. They are now available Two apps on the Android and iOS smartphone platforms you can download and experience:

RedCab ICO activity

Total supply: 100 million Token
Code Name: REDC
Platform: ERC-20 (ETH)
Pre-sale period: 1 / June - 21 / June 2018
ICO period: 22 / June - 15 / August
Minimum investment: 0.1 ETH (ETH only)
Number of tokens sold: 62%
hardcap: 24.529 ERH
Countries banned: USA, Egypt (Hard to understand when they forbid the country they are developing)
Token Distribution

Use of Fund

Development Team of RedCab

Co-Founder & CEO: Mohamed Mousa
Co-Founder & CBO: Walid ElGendy
Co-Founder & CTO: Asser Yehia
And so on
ADVISORS
Founder & CEO - SkaleUP Ventures: Salma ElHariry
Technical Advisor: Farooq A. Rahim
And so on, You can see more at: https://redcab.io/#tenth
One is hard understand when they give too little information about the development team, you just know Simply name and photo, there is no information about the history, industry, country of each member. You will not see them on Linkedin either!

General assessment:

Strengths: The project caught the trend of transportation and associated costs, the goal of expanding Around the world. They are now present in seven countries in three regions
Weakness: Roadmap completed long (will be up to 2021 will list on the top 5 exchange crypto, 2 years since the ICO) This will not be Games Look for short term and medium term investors. The development team information is low.