RedCap - Transportation Solutions Using Blockchain Technology

RedCab LLC. The company was created to offer a seamless peer-to-peer solution for individuals and businesses through the decentralization of the entire process using blockchain technology. The redc token will be used as a token utility for daily transactions that creates great demand for stocks with limited limits. The company, existing since 2016, with actual field operations. Involvement of global innovative solutions through Blockchain to existing market needs with annual demand of $ 230 billion.

Their business model is designed to deliver 100% benefits to users versus 100% of revenue to drivers and taxi companies through the decentralization of the entire process. The performance matrix and reward program for drivers are designed to ensure that each trip gets the highest quality from the point of view of the customer experience, while the psychological factors are subtly applied to manage the customer satisfaction section, and processes in place to ensure the security of both parties.

The 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.

The 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.

ADVANTAGE OF REDCAB

Not with standing the way that innovation has crossed over any barrier for transportation needs and has effectively tackled a few issues in the previous 10 years, this left us with different copycat plans of action with no emphasis or development. Clients are hunting down an in vogue benefit, as well as searching for a genuine dependable administration with reasonable quality and security, that offers all transportation choices and administrations with a low focused cost, and in light of the fact that clients hate to be mishandled; so on a stormy day, or a day with substantial activity; "high rates" admission isn't a decent move.

1 year of research in the transportation industry potentials, markets, technologies and experiences.
Lowest price for transportation fare with high returns for drivers.
Building one community from different markets and embracing diversity.
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.

Technology & Applications

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.
From the technical aspect to the business model, a dedicated research team spends a full year studying needs, assessing market gaps and exploring potentials with a focus on the driver's experience and driver's needs.

One of the key aspects of RedCab's business approach is global reach. RedCab has 6 Languages in its app and links to Global maps to be matched and includes different user experiences, as well as diverse car choices and categories from RedCab, covering all travel needs.

The first beta version of Mobile Apps was aired in 2017 both in the App Store and Google play, and the soft launch took place at a small tourist spot by the Red Sea for more hand operations and to test the car calling service, consuming most of our business models. We see great potential in the industry and growing demand in all metropolitan cities in the hope of future growth for the industry reaching $ 285 Billion by 2030.

TOKEN AND ICO DETAILS

Token Name: REDC
Token Type: ERC20
Total Supply:100,000,000 REDC
Exchange: 1 ETH = 2333 REDC
Min Purchase: 0.1 ETH = 233 REDC
Soft Cap: 2143 ETH
Hard Cap: 24529 ETH
Accepting ETH

· Pre-Sale: Starts 01 June 2018 at 12:00 AM GMT and ends on 21 June 2018 at 11:59 PM GMT with early bird investors getting a 15% Bonus till allocated amount is sold out or phase ends.

Main Crowd-Sale Start Date: 22 June at 12:00 AM GMT and ends on 15 August 2018 at 11:59 PM GMT.
Accepted Currency for Token Sale: Ethereum

TOKEN DISTRIBUTION AND USE OF FUNDS

9% Team and Founders
3% Advisors
1% Bounty
7% Private Sale
15% Presale
25% Reserved for Proof-Of-Driving & Proof-of-Marketing token generation.
40% Crowd-sale

RoadMap