RedCab : Decentralized Blockchain Community Transportation

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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.

What Is RedCab?
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. But this is not all; the company was not only established to create a solution, but they have also designed a token that their users could be able to use.

Vision RedCab
The RedCab LLC team has seen a clear opportunity in the transportation industry for its unique business model to balance business objectives and customer needs, backed by a strong technical platform.

Blockchain technology is regarded as the backbone of this business model from providing secure transactions and quick contracts; it perfectly blends with our business model to deliver a world of decentralized managed and managed transport solutions to people who are ready to serve individuals and support the business.

By changing the operations model from the currently used centralized model into a complete decentralized model; RedCab has huge potential in competing with the big funded players in the peer-2-peer transportation space. By strengthening local operations and scaling globally, offering a transparent and cheaper business model to customers, yet boost earnings for drivers, maintaining a community-backed governance model on quality, safety, and customer experience; it is a no-brainer that time will be the only challenge between Redcab and market share.

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.

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.

Problem Solving
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.

RedCab REDC Token 
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.

ICO Details
Token Symbol: REDC
Token Sale Starts: Q3, 2018
Token Sale Ends:Q4, 2018
Token Price: 1 ETH = 2333 REDC
Total Supply:100,000,000 REDC
Soft Cap: 2143 ETH
Hard Cap: 24529 ETH

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

Roadmap 

Team & Advisor RedCab
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