Hello guys! Today, I'm going write about RedCab. It 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. The company business model is designed to ensure smooth market penetration through lean and reliable processes, and the 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.
One of the simplest ways that to explain the new platform is to assume on the lines of Uber however on the blockchain and employing a cryptocurrency as a payment choice. people offers a service, and taxi cab firms can even be additional general suppliers still. you utilize the Redcab platform to induce the service within the 1st place, and you may then be ready to get to where you wish to travel.
When you check out it during this rather oversimplified kind, then it will bump into as being one thing that would influence be quite helpful for variety of individuals, however there's clearly heaps additional thereto than simply that.
Benefits of REDCAB:
Both the drivers and customers and organizations that use driving services like hotels and restaurants stand to realize quite an ton during this platform and these edges are:
• Makes it easier for patrons to induce rides to their destinations with ease.
• The referral system gift offers additional advantage to the purchasers to create profit.
• the supply of the many travel choices like Economy cab, luxury cab, family cab, and red cab from that customers will opt for what they like.
• Drivers of this platform will earn further through having additional rides per hour and getting of tokens through proof of Driving.
• Hotels and restaurants get additional shoppers due to the stable and secured driving service provided by RedCab.
• With lower transport costs, customers get to avoid wasting additional on rides and these costs don't modification.
RedCab REDC Token & 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.
Token Ticker: REDC
Platform: Ethereum
Token Type: ERC20
Pre ICO price: 1 ETH = 2,682 REDC
ICO price: 1 ETH = 2,333 REDC
Maximum token supply: 100,000,000
Minimum investment: 0.1ETH
Accepted currency: ETH
Hardcap: 24,529 ETH
Tokens distribution
9% Team and Founders
3% Advisors
1% Bounty
7% personal Sale
15% Presale
25% Reserved for Proof-Of-Driving & Proof-of-Marketing token generation.
40% Crowd-sale
Budget Allocation summary
29% development
41% promoting, Acquisitions and Partnerships
13% Management 11% Admin and Operations
6% Legal
Team Information:
Conclusion:
RedCab has the potential to be super disruptive to the existing options and change the landscape of the ride sharing arena. The idea behind RedCab project is very practical and innovative. They also have great talented team of developers and professionals.Any great Idea with talented team is always guarantee of success. They have harness the power Blockchain in business and market. Global transport industry is a very big industry and RedCab project is very profitable in this industry. But With a roadmap designed up to 63 months of course this project has a long-term vision in its development this also will certainly make it take patience especially for investors because to list in CMC in roadmap will be planned in 2019. It is a very good project which have great opportunities.
For more information, you can visit RedCab's official site and read their whitepaper. The links can be found below.
Whitepaper: https://redcab.io/downloads/Whitepaper_EN_v1.0.pdf
Website: https://redcab.io
Telegram: https://t.me/RedCab_ICO
LinkedIn: https://www.linkedin.com/company/redcab
Twitter: https://twitter.com/redcab_llc
Medium: https://medium.com/redcab
Facebook: https://facebook.com/redcabeg
Reddit: https://www.reddit.com/u/Redcab_io
ANN : https://bitcointalk.org/index.php?topic=3834815.0
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Author's Linkedin Profile: https://www.linkedin.com/in/invincible49