RedCab: Decentralized Transportation Solution

clauming (7)in #money • 6 years ago

Introduction

Blockchain and Smart Contracts open many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries.

For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.

Moving to the topic, customers not only looking for a fashion service, but also a truly reliable service with sustainable quality and safety, offering all transport options and services with a low competitive price, and because customers hate being abused.

For this reason, I want to introduce you RedCab (REDC), a Peer 2 Peer transportation industry for a unique business model to balance business goals and customer needs, supported by a powerful technology platform.

Video Presentation - See more here: https://redcab.io/

Definition

As I said, RedCab LLC (https://redcab.io/) is a fast forward company with a futuristic business model in the transport space. Utilizing the power of Blockchain technologies and a unique business model for a transparent, affordable and innovative future, RedCab offers a decentralized transportation solution on an equal footing for people.

Goals

Basically, the business model is designed to offer 100% of benefits to users versus 100% of profits to drivers and taxi companies through the decentralization of the entire process.

Therefore, the main objective of RedCab is to give everyone the opportunity to work as integrated service providers on a peer-to-peer basis, while taxi companies operate as providers of added professional services.

The performance matrix and the rewards program for drivers are designed to ensure that each trip gets the highest quality from the point of view of the customer experience, while a psychological factor is subtly implemented to govern the satisfaction part of the customer. client, and the processes are in place to ensure the security of both parties.

Features

Image	Feature	Benefit
	Research	RedCab moved people coast-to-coast by cars, researching in the transportation industry to understand potentials and technologies.
	Returns	Lowest price for p2p transportation fare for customers with high returns for drivers.
	Market	Building one community from different markets and embracing diversity for a better world.
	Technology	Developing a technical platform with a solid eye on the future.

Advantages

Image	Benefit	Description
	Win-win situation	Zero commission
	Driving test	Earn chips while driving
	Shared economy network	Low cost for market acquisitions
	Unique business model	Transport service to build a data exchange network
	Marketing test	Earn tokens when referring friends
	CABBI	The first personal road trip assistant

They are offering services for Car Hailing, Car Pooling, Hotel & Airport transportation, Delivery service and also, Pick up service. The benefits for each sector are the followings:

Customers	Drivers	Hotels & Restaurants
Less waiting time to start your trip.	Extra earnings and profits.	Ensuring reliability & efficiency where service providers and delivery personnel are engaged above a certain threshold and KPIs.
Free trips with higher usage.	More rides per hour for more flexible working hours.	High savings and maximum efficiency for restaurants without dedicated delivery fleets.
Lower price fare and high savings.	Multi options of transportation services.	More earnings through promotional ads and discounts.
Multiple options to match your trip style.	Earning Tokens through Proof-of-driving
More earnings through referral program.
Earning tokens through Proof-of-Marketing.

Bounty program

The project gives the opportunity to earn RedCab Tokens performing some social media tasks and doing simple steps from the bounty program explained into the following Bitcointalk Webpage here (https://bitcointalk.org/index.php?topic=3835338.0), where you can access the link in order to see what are the conditions to become an early REDC contributor and start acquiring tokens.

For more information about the project, you can visit and read their WhitePaper available here (https://redcab.io/downloads/Whitepaper_EN_v1.0.pdf). You can also stay tuned in their official Telegram Channel (https://t.me/redcab_ICO) or in their ANN thread here (https://bitcointalk.org/index.php?topic=3834815.0). I hope you liked the post and soon I'll send you new ones.

Do not forget to visit their Webpage (https://redcab.io/)!

Token details

Token: REDC
Platform: Ethereum
Type: ERC-20
Pre-ICO price: 1 ETH = 2,682 REDC
Price in ICO: 1 ETH = 2,333 REDC
Tokens for sale: 62,000,000

Token Distribution	Funds Allocation

Roadmap

Date	Events
2016 Q1	The business Idea came, and we started the business research.
Q2 2016	Mobile App development started – first trial and error.
Q3 2016	Market research and business iteration.
Q4 2016	Mobile app MVP launch. Go live on Google Play with both driver and rider clients.
Q1 2017	Go live on iTunes App Store with both clients and operations commencing in one Coastal City.
Q2 2017	Company legal setup. First website launched www.red-cab.co.
Q3 2017	Raised First Round of Investment.
Q4 2017	Operations expansions to 2 coastal cities Partnership with Sierra Global Solutions.
Q1 2018	Launch and redesign new Website www.redcab.co. Creation of brand identity.
Q2 2018	Soft Launch & Community Building. Partnership with Vestedsummit.com & SkaleUP www.redcab.io acquisition
Q3 2018	REDC Token creation and ICO launch Partnership with BitPeaks.com.
Q4 2018	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.
Q1 2019	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 2019	Expansion of on-ground operations in selected cities in EMEA and LATAM regions. Partnership with an Airline (Name to be be confirmed).
Q3 2019	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 2019	The release of iOS and Android release 2.0 with wallet integration and Cabbi smart bot introduction. Expand Offices in Europe & Asia Markets.
Q1 2020	Phase 2 of Massive marketing campaign. Raise round 2 of investment. Listing of REDC Tokens in two Top 5 Crypto exchanges.
Q2 2020	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 2020	Partnership with sports, celebrities, and public figures for Marketing and exposure.
Q4 2020	Expand on-ground operations to North America.
Q1 2021	Listing on all Top 5 Crypto exchanges.