RedCab ICO review

WHAT IS REDCAB?

RedCab LLC. The company was founded to offer a seamless peer to peer transport solution for individuals and businesses through the decentralization of the entire process using blockchain technology. The REDC token will be used as a utility token for everyday transactions that create a massive demand for restricted restricted stocks. Companies that have existed since 2016 with real field operations. Bringing global innovative solutions through Blockchain to existing market needs with annual demand of $ 230 Billion.

ABOUT

RedCab LLC is a fast growing company with futuristic business models in the transportation space.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.The first beta version of our Mobile App was aired in 2017 on both 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.The purpose of RedCab token sales is to transform our business model from centralized application into a decentralized ecosystem that enables access to global reach and reduce transport costs for users. Saving over $ 60 billion annually through intermediaries, raising funds to expand our infrastructure and address the growing international demand for transportation services worldwide through the development of powerful scalable tools.

RedCab and Blockchain Technology

The RedCab business model will be moved to a decentralized ecosystem which will also be equipped with dApps which will run on P2P as well as blockchain networks. This is to make sure there is no interference from third parties or any single authority. Other features include proof of marketing and proof of driving which provides incentives for drivers as they can earn tokens so far they follow due protocols while driving.

Ico Details

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 Name: REDC
Token Type: ERC20
Exchange: 1 ETH = 2333 REDC
Hard Cap: 24529 ETH
Min Purchase: 0.1 ETH = 233 REDC
What Exchanges will REDC be listed on? REDC will be listed on exchanges that are regulated and have proof of reserves, including the Korean, Japanese and other globally recognized major exchanges.

Tokens distribution

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

Budget Allocation Overview

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

RedCab TEAM

Advisory Team

Pre-Sale:

Starts 1st June 2018 at 00:00 GMT and ends on 21st June 2018 at 23:59 GMT with early bird investors getting a 15% Bonus till allocated amount is sold out or phase ends.

Main Crowd-Sale:

Starts on 22nd June at 00:00 GMT and ends on 15th August 2018 at 23:59 GMT.
Token Maximum Supply: 100,000,000 REDC
• Accepted Currency for Token Sale: Ethereum
• Token Name: REDC
• Token Type: ERC20
• Soft Cap: 2143 ETH
• Exchange: 1 ETH = 2333 REDC
• Hard Cap: 24529 ETH
• Min Purchase: 0.1 ETH = 233.3 REDCREDC will be listed on exchanges that are regulated and have proof of reserves, including the Korean, Japanese and other globally recognized major exchanges.

Useful Links :

Website: https://redcab.io/
Whitepaper: https://redcab.io/downloads/Whitepaper_EN_v1.0.pdf
Telegram: https://t.me/RedCab_ICO
LinkedIn: https://www.linkedin.com/company/redcab
Twitter: https://twitter.com/redcab_llc
Medium: https://medium.com/redcab
Facebook: https://facebook.com/redcabeg
Reddit: https://www.reddit.com/u/Redcab_io

Author by

BitcoinTalk User Name: nalin503

BitcoinTalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1582116;sa=summary