Introduction
Blockchain and Smart Contracts open many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries.
For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.
Moving to the topic, customers not only looking for a fashion service, but also a truly reliable service with sustainable quality and safety, offering all transport options and services with a low competitive price, and because customers hate being abused.
For this reason, I want to introduce you RedCab (REDC), a Peer 2 Peer transportation industry for a unique business model to balance business goals and customer needs, supported by a powerful technology platform.
Definition
As I said, RedCab LLC (https://redcab.io/) is a fast forward company with a futuristic business model in the transport space. Utilizing the power of Blockchain technologies and a unique business model for a transparent, affordable and innovative future, RedCab offers a decentralized transportation solution on an equal footing for people.
Goals
Basically, the business model is designed to offer 100% of benefits to users versus 100% of profits to drivers and taxi companies through the decentralization of the entire process.
Therefore, the main objective of RedCab is to give everyone the opportunity to work as integrated service providers on a peer-to-peer basis, while taxi companies operate as providers of added professional services.
The performance matrix and the rewards program for drivers are designed to ensure that each trip gets the highest quality from the point of view of the customer experience, while a psychological factor is subtly implemented to govern the satisfaction part of the customer. client, and the processes are in place to ensure the security of both parties.
Features
| Image | Feature | Benefit |
|---|---|---|
 | Research | RedCab moved people coast-to-coast by cars, researching in the transportation industry to understand potentials and technologies. |
 | Returns | Lowest price for p2p 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. |
Advantages
| Image | Benefit | Description |
|---|---|---|
 | Win-win situation | Zero commission |
 | Driving test | Earn chips while driving |
 | Shared economy network | Low cost for market acquisitions |
 | Unique business model | Transport service to build a data exchange network |
 | Marketing test | Earn tokens when referring friends |
 | CABBI | The first personal road trip assistant |
They are offering services for Car Hailing, Car Pooling, Hotel & Airport transportation, Delivery service and also, Pick up service. The benefits for each sector are the followings:
| Customers | Drivers | Hotels & Restaurants |
|---|---|---|
| Less waiting time to start your trip. | Extra earnings and profits. | Ensuring reliability & efficiency where service providers and delivery personnel are engaged above a certain threshold and KPIs. |
| Free trips with higher usage. | More rides per hour for more flexible working hours. | High savings and maximum efficiency for restaurants without dedicated delivery fleets. |
| Lower price fare and high savings. | Multi options of transportation services. | More earnings through promotional ads and discounts. |
| Multiple options to match your trip style. | Earning Tokens through Proof-of-driving | |
| More earnings through referral program. | ||
| Earning tokens through Proof-of-Marketing. |
Bounty program
The project gives the opportunity to earn RedCab Tokens performing some social media tasks and doing simple steps from the bounty program explained into the following Bitcointalk Webpage here (https://bitcointalk.org/index.php?topic=3835338.0), where you can access the link in order to see what are the conditions to become an early REDC contributor and start acquiring tokens.
For more information about the project, you can visit and read their WhitePaper available here (https://redcab.io/downloads/Whitepaper_EN_v1.0.pdf). You can also stay tuned in their official Telegram Channel (https://t.me/redcab_ICO) or in their ANN thread here (https://bitcointalk.org/index.php?topic=3834815.0). I hope you liked the post and soon I'll send you new ones.
Do not forget to visit their Webpage (https://redcab.io/)!
Token details
Token: REDC
Platform: Ethereum
Type: ERC-20
Pre-ICO price: 1 ETH = 2,682 REDC
Price in ICO: 1 ETH = 2,333 REDC
Tokens for sale: 62,000,000
| Token Distribution | Funds Allocation |
|---|---|
 |  |
Roadmap
| Date | Events |
|---|---|
| 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 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 | The 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. |
ICO Links
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
Author Details
Email: [email protected]
Telegram username: @clauming
Bitcointalk username: adriaparcerisas
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1870482
Ethereum address: 0xC6AB45541006D53D31E25b41c7d245c5Ad99BF71
Nice and interesting post
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Thanks:)
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