Decentralized Transportation Solution
Taxi Mobile Applications play the most vital role for people of today’s world. With a swipe across their smart phones, the taxi arrives and drops them at their required places. Having a taxi application will not only take your business to another level but it will also bring great productivity and visibility to your business. People living in Alpha cities like New York, Dubai, London, or Mumbai have two biggest vows: busy traffic and lack of parking space. They are less likely to buy cars and rather rely on app-based ride hailing services like Uber and Lyft. The advantages are many. They don’t have to worry about car repairs, a permanent parking space, and driving themselves in busy traffic.
For investors seeking a fresh investment opportunity, investing in an app-based taxi booking service is a great idea if they are not investing building an Uber-clone of their own. Even with dominant players like Uber and Lyft in the market, private-hire car business is still a thriving one as long as you stick to a staunch roadmap and learn from your competitors’ mistakes.
RedCab LLC. offers a decentralized peer-to-peer transportation solution to individuals. Utilizing the power of Blockchain technologies and a unique business model for a transparent, affordable, and innovative future. Founded in 2016, and launched in 2017 with a concrete roadmap unto the future of peer-to-peer transportation services. Proof of Driving and Proof of Marketing Concepts, AI Powered road assistant, Geo Ads for monetization, and a strong portfolio of on-ground operations in a very short time.
Proof of driving idea was inspired by proof of work but instead of using a CPU or GPU to mine transactions from a pool and get rewarded in fractions of the mined coin, the driver will use the GPS to generate tokens as long as they’re driving with RedCab app open and accepting trips to guarantee the supply hand of the scale is maintained.Proof of marketing concept will motivate customers to do the marketing of RedCab app and generate tokens as long as their network of referrals is using app up to 3 levels. Such approach will drive network growth and create organic demand for the provided service while lowering RedCab company’s OPEX.
RedCab LLC gives the chance for everybody to freelance as integrated service providers working on peer-to-peer scale, while taxi companies operate as an aggregated professional service provider. RedCab business model is designed to deliver 100% of the benefits to users versus 100% earnings to drivers and taxi companies through decentralizing the whole process. The performance matrix and rewards program for drivers is designed to ensure that every single ride gets the highest quality from a customer experience standpoint, while a psychological factor is subtly implemented to govern the customer satisfaction part, and processes are in place to ensure the safety of both parties.
When Investors buys REDC tokens during our crowdfunding, tokens will be minted as being bought, rest of allocated supply will be burnt, hence capping the supply.Tokens will be used as utility tokens in app as they will unify tokens as a global unit of paying for trips with the relevant exchange rate in every country, hence genuine demand on tokens will naturally evolve.Capped supply vs. growing demand will appreciate the value of tokens as people would prefer this car-hailing service because they pay less, and the drivers earn more.And to move forward with roadmap and monetize the tokens, the tokens must be listed on an exchange, which is a step are currently negotiating with major exchanges and expected to confirm the names by Q1 2019.
Features Of RedCab
Transparent Commission scheme
RedCab LCC developed a unique business model where RedCab discovered that RedCab can actually
make money without ripping off customers or pressing on drivers’ toes. The company will not take a cut from the trips. 100% of the price paid by the rider goes to the driver, and because the whole process is decentralized, the rider pays less, and the driver gets all of the money.
RedCab LCC main monetization pillar is Geo Ads, where Hotels, shopping malls, restaurants, cafes, clubs, etc. will push offers and promote their products on the Mobile App map depending on an algorithm analyzing historical data for each rider, and showing only what is relevant to capitalize on the fulfillment KPI and drive profitability.
In the upcoming new era, people won’t just buy products because they’ve seen a nice ad or because the offered service was portrayed nicely. Marketing is evolving, and at RedCab, we’re aboard that train. Specialized, tailored and guaranteed to succeed ads. This is what the people will spend their money on in the future.
To get better insights about our customers’ behavior, and our sense of urgency when it comes to time-saving for business trips, and how we plan for network dominance and workload balance, We powered our App with a pre-scheduled option and highlighted this feature. You can simply manage your whole schedule through planning your road trips through timer and notifications, it’s convenient to catch your plane, attend your meeting, or an event without the fear of missing out.
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 company 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.
Hotels & Airports
From RedCab deep study and understanding of tourists and country visitors’ needs and experience,
we tailored a unique trip experience from airport to hotel and vise versa whether it’s a prescheduled
or on-demand trip. Our recommended hotels options will be sorted by proximity to airport, city or by most recommended, reviewed or ranked depending on the user profile preferences.
With the rising demand for delivery services all over the world, retail business owners and restaurants are facing challenges providing such service due to the high cost of logistics and operations in managing a dedicated delivery fleet. Our business development team and customers’ acquisition team will work collectively to promote a world-class crowdsourced delivery fleet powered by a performance matrix and service levels to deliver a better customer experience with a fraction of the cost to business owners.
Everyone wants something to be picked up. That is why in RedCab we’re not neglecting that feature from our business model. Since everyone connected to the RedCab network is verified through the decentralized network, the community will do the pickups depending on their location.
PreICO Price 1 ETH = 2,682 REDC
Price 1 ETH = 2,333 REDC
Minimum investment 0.1 ETH
Soft cap 2143 ETH
Hard cap 24,529 ETH
Restricted areas USA, Egypt
For more information please visit link :
RedCab Website: https://redcab.io/
Whitepaper : https://redcab.io/downloads/Whitepaper_EN_v1.0.p
author : https://bitcointalk.org/index.php?action=profile;u=1153822