RedCab (REDC Token): Desentralized Blockchain Community Transportation
The
blockchain technology has also gotten into the transportation sector, by
offering a decentralized transportation solution on the RedCab
platform. The future is definitely here as no industry wants to be left
behind, as all want to take advantage of the advancements the technology
is able to offer.
ABOUT RedCab
RedCab is
an intensively developing company with a technological and futuristic
model of doing business in the transportation space. The project team
spent a year on research to gather requirements, find the gaps in the
market and to assess the potential. The company has a clear
understanding of customer requirements and customer experience.
RedCab was
established to ensure it offers a seamless peer to peer transportation
solution. A solution that individuals and business are able to enjoy and
exploit thanks to the decentralized system that has been effectively
offered on the blockchain technology.
The goal of
RedCab is to transform their business model into a decentralized
network that allows access to global markets with a transparent
approach, reduce transportation costs for end users, saving more than $
60 million made through business intermediaries, and develop
infrastructure to meet the growing international demand for
transportation services worldwide by developing a powerful scalable
tool.
The first
beta version of the mobile application RedCab out in 2017 in the
framework of our studies of terrestrial market and collect feedback. The
launch of the mobile application took place on the shore of the red
sea. There is a huge potential in the industry and growing demand in
major cities around the world, with industry expected to grow to $ 285
billion by 2030.
RedCab FEATURES
The
platform has been designed with desirable features to ensure they
provide their investors with more than the counterparts in the market.
Some of the features you could look out for, or rather, look forward to
are as follows:
Extensive Research
The company
has done extensive one-year research on the transport industry. The
potentials the market is able to offer, experiences and the technologies
that are available. It is all to ensure they are ahead of the game when
they get in.
The Best Returns
From the
extensive research carried out the company was able to formulate a
business strategy that will offer the best returns to its investors and
drivers. But this is not all as customers will also be enjoying the
lowest rate in the market, a win-win for all.
Understanding The Market
The
research the company carried out facilitated in fully understanding how
the market operates, to ensure there is nothing but success on the
platform. As a result, the company is able to build one community from
the different markets available while still embracing the diversity that
exists between people.
The Best Technology
The company
has invested in the best technology the market is able to offer, as
they are developing a platform that is fixed on the solid eye of the
future. Thus, they are able to introduce advanced technologies to the
transportation sector, to ensure they are enhancing the customer
experience. As a result, aiding the company to achieve better business
results than ever before.
HOW RedCab WORKS
RedCap is set up to solve the market pains that often occur in the transportation system so far. These problems include:
Drivers and Riders earnings are getting much lower which costs the business more money to keep drivers on board.
High
commission fees and a variable trip fare according to supply and demand,
which conflicts with customer experience & drivers return on
investment.
High cost
of customer acquisition and market penetration due to the dependency on
promotions, discounts and drivers guarantee and bonus To create a chain
of supply and demand network.
Through decentralized peer-to-peer transportation and the power of Blockchain technologies, RedCap offers several solutions as follows to kick those problems out.
Transparent Commission scheme
RedCab LCC developed a unique business model where RedCab discovered that RedCab can actually
make money
without ripping off customers or pressing on drivers’ toes. The company
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.
Personalized Geo-Ads
RedCab LCC
main monetization pillar is Geo Ads, where Hotels, shopping malls,
restaurants, cafes, clubs, etc. will push offers and promote their
products on the Mobile App map depending on an algorithm analyzing
historical data for each rider, and showing only what is relevant to
capitalize on the fulfillment KPI and drive profitability.
In the
upcoming new era, people won’t just buy products because they’ve seen a
nice ad or because the offered service was portrayed nicely. Marketing
is evolving, and at RedCab, we’re aboard that train. Specialized,
tailored and guaranteed to succeed ads. This is what the people will
spend their money on in the future.
Scheduled Rides
To get
better insights about our customers’ behavior, and our sense of urgency
when it comes to time-saving for business trips, and how we plan for
network dominance and workload balance, We powered our App with a
pre-scheduled option and highlighted this feature. You can simply manage
your whole schedule through planning your road trips through timer and
notifications, it’s convenient to catch your plane, attend your meeting,
or an event without the fear of missing out.
RedCab TOKEN (REDC) ICO Details
The REDC
Token will be used as a utility token, one which you could use on your
day to day transactions. As a result, the coin will be able to create
the needed demand, but this will be over a limited capped supply. If you
are interested in a coin it will go for about 1 ETH = 2333REDC.
The company
will be having a private pre-sale that will start in the next 15 days.
During the pre-sale buyers will be able to enjoy a large bonus of about
40%, but this is for a limited time so ensure to get register to enjoy
the bonus.
Once you
have registered individuals will go through a vetting process, and for
the qualified parties they will be provided with the needed information
to make sure they purchase the coins on time, but there is a minimum
requirement that is a minimum contribution of 10 ETH is expected.
REDC ICO DETAILS
General Info
Category: Transportation, Tourism & Logistic
Country: Egypt
Website: Visit
Whitepaper: Read
Bounty: Join
Token Info
Token: REDC
Platform: Ethereum
Type: ERC20
Price in ICO: 1 ETH = 2333 REDC
Tokens for sale: 62.000.000 REDC
Investment Info
Accepting: ETH
Min. Investment: 0.1 ETH = 233 REDC
Hard Cap: 24529 ETH
MILESTONE
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 Ventures.
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
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.
RedCab TEAM
Team Member
Board of Advisers
author:
BTT username: rivaldo2020
BTT profile link: https://bitcointalk.org/index.php?action=profile;u=2051385
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