Red cab, a new transport solution in the transportation industry, positions itself as a game changer in the transportation industry. There are basically four elements that distinguished the red cab from other transportation solution: Block chain technology, Network Dominance, Artificial intelligence and remuneration structure. The blockchain technology ensures transparency and consistency in the system of operation hence earning the trust of all members (drivers and customers) in its ecosystem . Unlike other existing platform the red cab artificial intelligence (AI) gives customer a better experience when using the red cab mobile application. It can easily point out their frequently visited place and other activity aimed at boosting their emotional engagement. One key benefit of the red cab decentralized platform is that drivers on the platform will earn 20 % more than other transport network.
RED CAB MOBILE APP
The Red cab mobile application can be downloaded on google play and play store. Registration unto the platform can only be done through the mobile application. Available services on the application are delivery service, pick up service, carpooling, car hailing and transport to local hotels. The red cab mobile application has 6 languages; this is to ensure a wider by adoption by individuals across the world. Furthermore, it is connected to global map hereby ensuring an accurate and reliable navigation
CAB SERVICE
Users are offered four categories of cabs(Luxury cab, economy cab, Family cab and red cab) for their movement . They are left with the choice of selecting whichever suites them based on their pocket size or purpose of movement. For instant, an individual on a business trip will prefer a luxury cab since it suites his purpose, while a family on a trip to a picnic or on holiday trip will prfer a a family cab . The most expensive of all is the red cab, this is because they are classy and exquisite
TOKEN ECONOMICS
The official token for the services in the red cab ecosystem is the RED cab token. It is represented by REDC. Red cab plans to create about 10 billion tokens out of which 62% will be available for sale(it will be shared between private sale, public sale and crowd sale at a ratio of 7%,15% and 40% respectively ). The rest of the tokens will b distributed between Teams and founder, Advisors, Bounty and PoD (Proof of driving) and PoM (Proof of Marketing). The acceptable currency for exchange is etherum. The REDC will be available at an exchange rate of 1 ETH(etherum) per 2333 REDC. The REDC token is set to be available on major exchanges across the world
GROWTH
It believes that in a space of 5 years after launching it will attain a 4000% growth. This it hopes to achieve within a 5-year period by expanding its network across nations of the world and through its incentive program most especially reward for referrals
TEAMS
The Red cab team is led by Mohamed Mousa and Walid ElGendy. The former acts in the capacity of CEO while the later acts in the sits in the position of the CBO. to find out more details about the team visit the link https://redcab.io/#tenth
https://redcab.io/
https://redcab.io/downloads/Whitepaper_EN_v1.0.pdf
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