The Token Sale concluded.

Thank you for participating

38,029,021 REDC will circulate.

Pre-sale Crowd sale Minimum Funding Reached

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.

Drivers
& riders

With the increase of transportation costs, drivers’ earnings are getting much lower which costs the business more money to keep drivers on board.

Business
Model

Based on high commission fees and a variable trip fare according to supply and demand, which conflicts with customer experience & drivers return on investment.

Market expansion
& Operation costs

High cost of customer acquisition and market penetration due to the dependency on promotions, discounts and drivers guarantee and bonus. To create a chain of supply and demand network.

Win Win
situation

The Zero commission scheme for high profit margin for drivers and more savings to riders, with Geo ads functioning as the main cash cow for the business.

Proof of
driving

An innovative solution inspired by proof-of-work concept, powered by a smartphone GPS processor, and built upon the blockchain to encourage drivers to keep the app open to earn tokens as long as they’re driving and accepting trips.

Sharing Economy
Network

We build community and the community build the business. Introducing Red Network Dominance program to ensure low cost for market acquisitions and penetration with high supply and demand balance.

Unique Business
model

Our main goal behind the model is to provide a brilliant transportation service to build a network and profit from data exchange. Our business is supported by other businesses and powered by people not vise versa.

Proof of
marketing

Powered by a referral marketing strategy to give riders the opportunity to earn tokens as long as they refer their friends and family to RedCab. The more they refer, the more they earn.

Cabbi

The first personal road trip assistant. Based on neural network technology, Cabbi will help you with your daily trips, visits, meetings and events. Cabbi will be introduced with multiple avatars matching your personal look and feel for more emotional engagement and personalization.

About

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.

Global Reach

We have a plan to expand our presence around the globe with a clear expansion plan in most touristic places.

07 Locations

Latin America

Puerto Rico Costa Rica Panama Nicaragua

MENA

Egypt Lebanon

Asia Pacific

India

ICO Details

Redcab is committed to a transparent token sale process.

We will notify the public with the final total amount of REDC tokens in circulation after the completion of the Token Sale because tokens are minted as contributors buy it. This is to maximize the value of tokens sold, scarce the supply, and create a value for token holders once we’re listed on major exchanges. RedCab will not create any new REDC tokens after the Token Sale.

Token info
Token	REDC
Platform	Ethereum
Type	ERC20
Token Address	0xB563300A3BAc79FC09B93b6F84CE0d4465A2AC27

Investment info
Circulating Supply	38,029,021.259999999991455009 REDC

REDC Tokens

Use of Fund

29% Product Development
41% Marketing, Acquisitions and Partnerships
13% Management & Advisory board
11% Admin and Operations
6% Legal

Token Distribution

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