ICO Review RedCab~~RedCab LLC is a fast forward company with a futuristic business model in the transportation space

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What Is RedCab ? 

RedCab LLC is a fast forward company with a futuristic business model in the transportation space

From technical aspects to business model, a dedicated research team spent 1 complete year researching needs, assessing market gaps and exploring potential with a focus on riders’ experience and driver needs.

Our first beta version of the Mobile App went live in 2017 on both the App Store and Google play, and the soft launch took place in a small touristic spot by the Red Sea for more on hand operation and to test the car hailing service, which consumes a big part of our business model. We see a massive potential in the industry and rising demand in all metropolitan cities with a future growth expectation for the industry to reach $285 Billion by 2030.

The goal of RedCab’s token sale is to convert our business model from a centralized app into a decentralized ecosystem that allows access to global reach and reduce expenses of transportation for users. Saving more than $60 Billion annualy made through middlemen, raise funds to develop our infrastructure and address the growing international demand on transportation services around the globe through developing a powerful scalable tool.

RedCab ICO Token Sale Information

ICO Project NameRedCab Symbol ICO Price
RedCabREDC1 ETH = 2,333 REDC
ICO Start DateICO End DateType
2018-06-012018-08-15ERC20
PlatformMin. investmentHard cap
Ethereum0.1 ETH24,529 ETH
Tokens for saleAcceptingDistributed in ICO
62,000,000 REDCETH62%

RedCab More Information 

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 RedCab FEATURES

RESEARCH

We move people from Point A to Point B by cars and spent 1 year of research in the transportation industry to understand potentials and technologies.

RETURNS

Lowest price for peer 2 peer 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. Introducing advanced technologies to the transportation industry to enhance customer experience and achieve better business results.

VISION

RedCab LLC team have seen a clear opportunity in the Peer 2 Peer transportation industry for a unique business model to balance business goals and customer needs, supported by a powerful technical platform.

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.

A detailed roadmap, a working product with a dedicated and resilient team.

 

Our Rating About The "RedCab" Project
  • ICO PROFILE
  • PRODUCT
  • Team Member
  • Vision
  • Our Own Ratting
4.9

Summary

Good to see a string core team that has the potentail togrow the business from its strong local presence. I think it is key to consolidate teir home marketa dn then build team as needed to scale overseas . The concept make sense and if they get the marketing right it coudl scale and I would assume even if regional coudl be a very intersting token and project gievn size of regional market

RedCab More Information 

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Bitcointalk Profile
ETH Address : 0x04cd193c757d2c5edf406efb688ec9301bffcd91

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