REDCAB: DECENTRALIZED TRANSPORTATION SOLUTION.

The cab hailing business has been a very lucrative business since the birth of the idea. There are big names like Uber, Taxify and co. that has since dominated the market and seem to be the people’s choice. Almost every day, there is entrant of new companies, names and businesses making their way to the doors of this industry. People claim to find it convenient to hail a taxi considering a lot of existing factors. It could be the need not to drive yourself in a very busy day. It could be the avoidance of being tied to your car especially in a very schedule-filled day. Whatever the need is, the market for taxi hailing services still exist very much and thriving.

There is a trend in the global market. The blockchain technology. It is changing the way things are being executed in the e-commerce industry and its environs. The use of smart contract to seal a contract online is one of the best thing for internet users. Stronger security has been guaranteed, faster and more efficient way of completing a task are but a few benefits of the blockchain industry.

The team members of RedCab has researched and found out the loopholes, the gaps and the potentials that exist in the two industries. It was thought wise that the blockchian technology when integrated into the cab hailing services will bring a tremendous change and better the operational system. Though there are still benefit of the services offered by RedCab. Features that will give to the drivers 100% of the transport fare of every trip. With referral programs, the referrer will be awarded in the Services’ token when their referred user makes use of the mobile app.

WHAT IS NOVEL ABOUT REDCAB?

Network Dominance through balancing supply and demand.
An AI powered personal assistant to boost emotional engagement and customer experience.
More profits for drivers to ensure loyalty and more savings for customers to ensure usability.
A Community driven decentralized solution governed by smart contracts to ensure transparency and consistency.

The cabs used for this service have low fuel consumption designs, this means that with lesser fuel used for trips there will be lesser money paid for fares. From luxury cars for the big fish of the city, to Family cab for a typical family setting. The service was developed for the optimum user’s experience.

One of the revenue streams of income for the company will come from targeted ads by businesses and hotels in the city. The use of historical data will help these businesses target ads to users.

CARPOOLING

This is a feature of the Redcab services which allows a user to invite other users who might want to ride along with different pickup locations and destinations. With this feature, users get to split the cost for the rides, thereby giving you the avenue to save more and tag along with people you might find friendly. If at all you will love to ride alone, the choice is yours. The same AI used in finding and tailoring ads for users, will be used also in finding riders who share the same generic features/liking.

TOKEN DETAILS

Accepted Currency for Token Sale: Ethereum
Token Name: REDC
Token Type: ERC20
Exchange: 1 ETH = 2333 REDC
Hard Cap: 24529 ETH
Min Purchase: 0.1 ETH = 233.3 REDC

TOKEN DISTRIBUTION

9% - Team and Founders
3% - Advisors
1% - Bounty
7% - Private Sale
15% - Pre-sale
25% - Reserved for Proof-Of-Driving & Proof-of-Marketing token generation algorithm
40% - Crowd-sale

TOKEN ALLOCATION

29% - Product Development
41% - Marketing, Acquisitions and Partnerships
13% - Management & Advisory board
11% - Admin and Operations
6% - Legal

PARTNERS

ROADMAP

2016

Q1: The business Idea came, and we started the business research.
Q2: Mobile App development started – first trial and error.
Q3: Market research and business iteration.
Q4: Mobile app MVP launch. Go live on Google Play with both driver and rider clients.

2017

Q1: Go live on iTunes App Store with both clients and operations commencing in one Coastal City.
Q2: Company legal setup. First website launched www.red-cab.co.
Q3: Raised First Round of Investment.
Q4: Operations expansions to 2 coastal cities Partnership with Sierra Global Solutions.
Q1: Launch and redesign new Website www.redcab.co. Creation of brand identity.
Q2: Soft Launch & Community Building. Partnership with Vestedsummit.com & SkaleUP Ventures. www.redcab.io acquisition
Q3: REDC Token creation and ICO launch Partnership with BitPeaks.com.
Q3: REDC Token creation and ICO launch Partnership with BitPeaks.com.
Q4: End of Token Sale and token distribution to contributors. Massive Email Campaign, Social Media & Digital PR to introduce RedCab to the world. Partnership with doPAY payment processor.

2019

Q1: Listing of REDC token in 2 of Top 10 Crypto Exchanges. Listing on CoinmarketCap.com. Start developing RedCab Dapp with wallet integration. Invest in Infrastructure.
Q2: Expansion of on-ground operations in selected cities in EMEA and LATAM regions. Partnership with an Airline (Name to be be confirmed).
Q3: Proof of Driving and Proof of Marketing product development. Expand our Travel Service Partners, hotels, and restaurants. Listing of REDC Tokens in 1 Top 5 Crypto Exchanges.
Q4: Release of iOS and Android release 2.0 with wallet integration and Cabbi smart bot introduction. Expand Offices in Europe & Asia Markets.
Q1: Phase 2 of Massive marketing campaign. Raise round 2 of investment. Listing of REDC Tokens in two Top 5 Crypto exchanges.
Q2: RedCab Platform development. Data mining and Geo-Ads introduction.
Introduce Proof-of-Driving and Proof-Of-Marketing. Release of dAPP. Decentralized Escrow Exchange for REDC Tokens to trade fiat currency in exchange of REDC.
Q3: Partnership with sports, celebrities, and public figures for Marketing and exposure.
Q4: Expand on-ground operations to North America.

2021

Q1: Listing on all Top 5 Crypto exchanges.

TEAM

Mohamed Mousa - Co-Founder & CEO
Walid ElGendy - Co-Founder & CBO
Asser Yehia - Co-Founder & CTO
Mohamed Ameen - Co-Founder & Creative Director
Fadi Nashed - Founder & COO
Amr - Chief Trading Officer | Co-Founder At Bitpeaks.Com
Anna Basters - Community Manager
Majed Morsi - Media Content Creator
Ragy Albeer - Team Lead Front-End Development
Hassan Hussien - Animation Manager
Hala Salah Eldin - Senior Web Designer
Ahmad Dewanto - Campaign Manager

ADVISORS

Stefan Bergström - Business Strategic Advisor
Danny J. Christ - ICO Advisor
Daniil Morozov - Advisor
Salma ElHariry - Founder & CEO - SkaleUP Ventures
Farooq A. Rahim - Technical Advisor
Alaa Gabr - Advisor - IT Business Consulting - Dell
Amr Tantawy - Field Channel Manager - Oracle
Ahmed ElShawa - Support Escalation Engineer - Microsoft
Yasser Ameen - Senior Technical Engineer - Kaspersky Lab
Mohsen Deeb - Chief Executive Officer at Anzma|Tech
Binod Nirvan - Smart Contract Advisor
Richard Trummer - ICO Advisor
Mohammed Ebrahim - Board Member & Advisor
Savio Gomez - Trusted Advisor
Jeremy Khoo - Chief Strategist & E-Commerce Advisor
Filip Poutintsev – Advisor

For more information on this article, its team members and the road map for which they operate with, please visit the links below:

Website: https://redcab.io/
Whitepaper: https://redcab.io/downloads/Whitepaper_EN_v1.0.pdf
Telegram: https://t.me/redcab_ICO
ANN Thread: https://bitcointalk.org/index.php?topic=3834815.0
Facebook: https://facebook.com/redcabeg
Twitter: https://twitter.com/redcab_llc
Reddit: https://www.reddit.com/u/Redcab_io
Medium: https://medium.com/redcab
Github: https://github.com/Redcabllc
Discord: https://discord.gg/n28uxaD
BITCOINTALK USERNAME: thankyoulord
BITCOINTALK URL: https://bitcointalk.org/index.php?action=profile;u=2076086
WALLET ADDRESS: 0x2859DD117e5E186B2dec97b50012C66D0E7597Ad