Review of RedCab ICO

in #ico6 years ago

WHAT IS REDCAB?

RedCab LLC. The company was founded to offer a seamless peer to peer transport solution for individuals and businesses through the decentralization of the entire process using blockchain technology. The REDC token will be used as a utility token for everyday transactions that create a massive demand for restricted restricted stocks. Companies that have existed since 2016 with real field operations. 

Bringing global innovative solutions through Blockchain to existing market needs with annual demand of $ 230 Billion.Our plan of action is intended to give 100% advantages to 100% income and expense clients through the decentralization procedure.

The execution lattice and reward program for drivers intended to guarantee each outing gets the best quality from a mix-up perspective, expected to determine new issues, and procedures set up to identify the two gatherings. 

How RedCab Solution works?

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.

Why RedCab?

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. 

Customers are not only searching for a trendy service, but looking for a true reliable service with sustainable quality and safety, that offers all transportation options and services with a low competitive price, and because customers hate to be abused; so on a rainy day, or a day with heavy traffic; “high rates” fare is not a good move.

From another side, the main pillar in the transportation industry are the drivers. Based on a recent survey conducted on drivers working as part time for one of the major car hailing services App, 91% of the population have joined the hailing service Apps to increase their income and 87% to work flexible shifts ².

Our business model guarantees 20% increase in the income of drivers with a clear strategy to capitalize on the network dominance where the time of the people who chose to partner with us and drive is managed more efficiently. This will lead to a sustainable cost advantage. 

Therefore, increasing the demand, which will allow the average RedCab driver in a city to complete more rides in a given hour, and consequently lowering the cost on the user, and the process loops again. 

WHAT USERS STAND TO GAIN WITH REDCAB

  • For Customers

Nobody characteristics sitting tight to get taxis for excursions and all, RedCab will diminish the holding up time of customers and affirmation smooth utilize.

Lower transportation toll which along these lines prompts exceptional meander spares, and the rate does not change.

The referral program makes open portals for people to get more preferred standpoint.Tokens can also be earned through check of advancing.

  • For Drivers

There will be extra triumphant and favored point of viewMore rides each hour which brings more preferred standpoint as wellMulti choices of transportation affiliations

Getting tokens through PoD (Proof-of-Driving)

There are still such huge measures of purposes of excitement for customers, the motels and restaurants are not dismissed movement they can similarly obtain with RedCab through notice and moreover discount.

RedCab has guaranteed their game arrangement of development covers sensibility, sensibility and security for customers. We never again need to worry over our treks, improvement requests in this manner by and large more that makes around the transportation framework. 

There will in like manner be 3 classes of Cabs which areMonetary Cabs which are to an unbelievable degree direct to use and for snappy treks.

Family Cabs which will be especially more imperative in size to have more people, sensible for family trips.

Luxury Cab all around for work trips and other than social occasions, the luxurism is exceptionally emerge.

Red Cab which is the tasteful and evident one from others as it will contain basically couple of people, customers will pay more than the others and drivers will in like way can procure more tokens. 

Ico Details

  • Pre-Sale: Starts 01 June 2018 at 12:00 AM GMT and ends on 21 June 2018 at 11:59 PM GMT with early bird investors getting a 15% Bonus till allocated amount is sold out or phase ends.
  • Main Crowd-Sale Start Date: 22 June at 12:00 AM GMT and ends on 15 August 2018 at 11:59 PM GMT.
  • 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 REDC
  • What Exchanges will REDC be listed on? REDC will be listed on exchanges that are regulated and have proof of reserves, including the Korean, Japanese and other globally recognized major exchanges.

Tokens distribution

  • 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

Budget Allocation Overview

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

Redcab Team 

Advisory Team 

More info:

Web : https://redcab.io/

Facebook: https://www.facebook.com/redcabeg/

Twitter: https://twitter.com/RedCab_LLC

Linkedin: https://www.linkedin.com/company/redcab/

Telegram: https://t.me/RedCab_ICO

Reddit: https://www.reddit.com/u/Redcab_io

Medium: https://medium.com/redcab 

Author: https://bitcointalk.org/index.php?action=profile;u=1636284

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