Redcab ICO Review

Agustus 14, 2018

Hallo meet again with me gonizar, I will explain Blog I will introduce about REDCAB project, and for more details let’s go to the following discussion :

Transportation is a very important part of human lives as humans move from one place to another to go to their working place, to go on trips with family and friends, to go to school, for excursions and many more.

This movement is usually aided by cars, planes and ships. While planes and ships are used for long travels and going out of states or other countries, cars are the most conventional to use within a region.

The use of cars nowadays have so many limitations as a result of fewer cars for movement, poorly compensated drivers and enormous transport fees all of which leads to disappointments in getting rides and makes it a tiresome process altogether especially for business inclined people who needs rides to take care of their movement from one company to another.

Because of this reason, the need arose to balance the transport system for all customers and their drivers while ensuring transparency, low fees and secure transactions. This is why REDCAB Platform was built to boost the transport system and this platform is based on blockchain.

An Overview of the REDCAB?

This is a blockchain based platform that is concerned with the transportation sector of the world. This platform with the use of blockchain makes the cost of transport much lesser while making each transaction secure.

Unique features of REDCAB

There are various features kept in place for the proper working of the platform and these are:

> Transparent Commission scheme

This feature makes it possible for drivers to get exactly the amount charged to the customer thereby making it a transparent platform.

> Mobile Application and Offered Services

In other for this platform to work effectively, the mobile application launched on this platform will have various languages for people from different parts of the world, the app have several installed functions such as it can be used for carpooling, scheduled rides, luxury trips and peer to peer services, all of which makes it easier for all parties involved in the transportation.

Services offered such as hotels and airport, delivery service and pick up makes the running of the platform smooth and without chaos.

> AI Powered Road Assistant

This feature is called cabbi and is a personal assistant to the driver that will assist the drivers in making joint decision and can be integrated into the application as a default setting which will help in price setting, token transfers and many more.

>Smart Contracts and Token Wallet

Since it is built on blockchain, the use of token and smart contracts is inevitable and is very useful as token helps stabilize the economy and the use of smart contracts makes transactions secure, transparent and fast.

Benefits of REDCAB

Both the drivers and customers and organizations that use driving services such as hotels and restaurants stand to gain quite a lot in this platform and these benefits are:

> Makes it easier for customers to get rides to their destinations with ease.

> With lower transport prices, customers get to save more on rides and these prices do not change.

> The referral system present gives more advantage to the customers to make profit.

> The availability of many travel options such as Economy cab, luxury cab, family cab, and red cab from which customers can choose what they prefer.

> Drivers of this platform can earn extra through having more rides per hour and obtaining of tokens through proof of Driving.

> Hotels and restaurants get more clients because of the stable and secured driving service provided by RedCab.

Working product

The Redcab mobile app is already available for download on the android and iOS platform, therefore it gives the investors an idea of what his mony is being used for.

In conclusion, this platform offers amazing transport services that is beneficial to all parties and gives a chance to customers to get profit in form of token which can be used to lessen transport fare thus moving the Transport sector forward.

TOKEN INFORMATION

Token Ticker: REDC

Platform: Ethereum

Token Type: ERC20

Pre ICO price: 1 ETH = 2,682 REDC

ICO price: 1 ETH = 2,333 REDC

Maximum token supply: 100,000,000

Minimum investment: 0.1ETH

Accepted currency: ETH

Distributed in ICO: 62%

Hardcap: 24,529 ETH

Token Distribution