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.

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.

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. Max Tokens Supply Cap is 100,000,000

Token info

Token REDC

Platform Ethereum

Type ERC20

PreICO price 1 ETH = 2,682 REDC

Price in ICO 1 ETH = 2,333 REDC

Bonus

15% in Presale

Investment info

Min. investment 0.1 ETH

Accepting ETH

Distributed in ICO 62%

Hard cap 24,529 ETH

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