RedCab is a decentralized blockchain based platform targeted at Presenting advanced technology into the transportation industry. RedCab is a Company combined to provide a centralized peer to peer transport solution all through the procedure using blockchain technology and Token REDC to be used as a utility token for daily transactions that creates the huge demand for limited inventory.
Also, RedCab is a decentralized transportation solution while setting up blockchain technology and offers cost-effective and safe transactions. The company which is theorizing and leading the project RedCab is “RedCab LLC” and is registered at Qesm Hurghada, Red Sea Governorate in Egypt.
Transportation through urban spaces has many challenges. From the sheer size of the large city to its intricate layout, pollution levels, and seemingly endemic traffic jams. In the bigger cities, commuters think twice about getting into their cars in the morning, choosing an alternative method of transportation if they can. Yet, there is an enormous section of society which requires and relies on their vehicle to make a living. Big players like Uber and Hailo have disappointed on the established taxi consortiums by giving an alternative. Getting a driver to take people from A to B is as easy as whipping out your smartphone and opening an app. A number of blockchain-based start-ups are currently starting to appear, hoping to claw a slice of a transportation pie, approximately to be worth somewhere in the region of $200 billion a year.
Benefits of Redcab for its Users
For Customers
• Fewer transportation tolls which in this method prompts astonishing venture reserves and the rate does not alter.
• RedCab will be able to reduce the holding up time of clients and certification smooth apply.
• The referral program generates open entryways for people to gain more benefits.
• Tokens can additionally be earned through the check of advancing
For Drivers
• There will be an additional winning an advantage
• More rides each hour which gains more benefit also
• Multi choices of transportation organizations
• Gaining the tokens through PoD (Proof-of-Driving)
The Redcab token
The Redcab token (REDC) is related to the Ethereum ERC-20 standard. The Token buyers of a Redcab token will be buying the REDC tokens to be used within the RedCab Mobile App for gaining the services.
• Token name – REDC
• Pre-sale start date – June 1st, 2018
• Pre-sale end date – June 21st, 2018
• ICO end date – August 15th, 2018
• ICO start date – June 22nd, 2018
• Hard cap – 24,529 ETH
• Total number of tokens issued – 100,000,000
• Token price (pre-ICO) – 1 ETH = 2,682 REDC
• Token price (during ICO) – 1 ETH = 2,333 REDC
Only 6 more days left for end token Sale
Team and Advisors
Conclusion
Land-based transportation is a complex and important matter in today’s world. A lot of companies, large and small, are trying to make a name for them and turn out to be the de facto choice. RedCab’s own proposition approaches at a time of both evolution and revolution in the market. Whether or not it is able to gain the advantage of blockchain technology to outsmart the rest remains to be seen.
Project Details
WEBSITE: https://redcab.io
WHITEPAPER: https://redcab.io/downloads/Whitepaper_EN_v1.0.pdf
TWITTER: https://twitter.com/redcab_llc
FACEBOOK: https://facebook.com/redcabeg
TELEGRAM: https://t.me/redcab_ICO
LINKEDIN: https://www.linkedin.com/company/redcab
MEDIUM: https://medium.com/redcab
REDDIT: https://www.reddit.com/u/Redcab_io
Author - pubudu
Bitcointalk link - https://bitcointalk.org/index.php?action=profile;u=1685433