REDCAB — A Decentralized Global Transportation Platform

cratortouch (31)in #blockchain • 6 years ago

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 LLC is a fast forward company with technological and futuristic business model in the transportation space. From technical aspects to business model, a dedicated research team spent a whole year of research to gather needs, find market gaps and assess potential with a clear understanding of customer requirements and customer experience.

GOAL

The goal of the RedCab “Token Sale” is to convert our business model into a decentralized ecosystem that allows access to global markets with a transparent approach, reduce expenses of transportation for end users saving more than $60B made through middlemen businesses, and to develop our infrastructure to address the growing international demand on transportation services around the world through developing a powerful scalable tool.

VISION

RedCab LLC team have seen a clear opportunity in the Peer 2 Peer transportation industry for a unique business model to balance business goals and customer needs, supported by a powerful technical platform.

Blockchain technology is considered the backbone of our business model from providing secured transactions and fast contracting; it perfectly blends with our business model to deliver to the world a decentralized and community managed transportation solution ready to serve individuals and support businesses.

An existing company since 2016 with tangible on-ground operations. Bringing a globally innovative solution through the Blockchain to an existing market need with $230 Billion annual demand.

PROBLEM

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.

SOLUTION

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.

The 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.

FEATURES

RESEARCH

We move people from Point A to Point B by cars and spent 1 year of research in the transportation industry to understand potentials and technologies.

RETURNS

Lowest price for peer 2 peer 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. Introducing advanced technologies to the transportation industry to enhance customer experience and achieve better business results.

READCAB TOKEN

The RedCab (REDC) Token will be the utility token used on the RedCab ecosystem. The RedCab ecosystem will be hosted on the Ethereum Blockchain Network and the RedCab (REDC) tokens will be ERC-20 compatible tokens. The total number of REDC tokens to be issued will be limited to 100 Million tokens to avoid the risk of inflation (i.e. by keeping the REDC token count scarce and limited). The price per REDC token is fixed at 1 ETH = 2333 REDC.

Token Details

Token Name: REDC

Max Tokens Supply : 100,000,000

Platform: Ethereum

Type: ERC20

PreICO price: 1 ETH = 2,682 REDC

Price in ICO: 1 ETH = 2,333 REDC

Bonus: 15% in Presale

Investment Details

Min. investment: 0.1 ETH

Accepting: ETH

Distributed in ICO: 62%