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RedCab (REDC) ICO Detailsby AaXrayon.RedCab (REDC) ICO DetailsAuthor: AaXray Topic: About RedCab, AI-based Decentralized peer2peer transportation solution Reference: The official website of redcab.io and Whitepaper Introduction RedCab LLC is a fast-paced company with futuristic technology and business models in the transportation space. RedCab was founded in mid-2016 to be able to rediscover peer-to-peer transportation solutions by solving real problems through understanding the […]

Author: AaXray
Topic: About RedCab, AI-based Decentralized peer2peer transportation solution
Reference: The official website of redcab.io and Whitepaper

Introduction

RedCab LLC is a fast-paced company with futuristic technology and business models in the transportation space. RedCab was founded in mid-2016 to be able to rediscover peer-to-peer transportation solutions by solving real problems through understanding the causes of driver and driver needs and providing innovative solutions governed by customer experience, transparency, and efficiency.

RedCab also offers the opportunity for everyone to become freelancers as integrated service providers who work on a peer-to-peer scale, while taxi companies will operate as aggregated professional service providers. The business model is designed to provide full benefits to users.

The goal of RedCab “Token Sale” is to be able to transform the business model into a decentralized ecosystem that allows access to global markets with a transparent approach, and reduce transportation costs for end users.

Aboout RedCab

RedCab LLC. is a platform that offers decentralized peer-to-peer transportation solutions to individuals. RedCab leverages the power of Blockchain technology and unique business models for a transparent, affordable and innovative future. RedCab was established in 2016 and launched in 2017 with a concrete roadmap for the future of peer-to-peer transportation services.

ICO Details

RedCab is committed to the process of selling tokens transparently. We will inform the public about the total number of REDC tokens in circulation after the sale of tokens is due to printed tokens as contributors who bought them. This is to maximize the value of tokens sold, limited inventory, and create value for token holders after we are listed on the primary exchange. RedCab will not generate new REDC tokens after Token Sales.

Supply of Max Tokens That Will Circulate 100,000,000 REDC

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

Token Info

  • 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 = 233.3 REDC

Budget Allocation Overview

The use of funds is the most important part of every successful business, from an investment and ownership perspective, our community investors need to understand how funds from selling tokens will be spent, and how the budget allocation mechanism will work for the best use and better results.

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

What exchange will REDC register?

REDC will be listed on a regulated and proven stock exchange, including Korea, Japan and other principal exchanges that are globally recognized.

Roadmap

Project Team

Advisors

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Author: AaXray | Profile: https://bitcointalk.org/

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