The Token Sale concluded on 15/10/2018.

Thank you for participating

Buy Tokens

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

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
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

RedCab Bonus for Large Purchasers

Please contact us at VIP@redcab.io for more information.

Roadmap

A goal is a dream with a deadline. - Napoleon Hill

2016

Q1

The business Idea came, and we started the business research.

Q2

Mobile App development started – first trial and error.

Q3

Market research and business iteration.

Q4

Mobile app MVP launch.
Go live on Google Play with both driver and rider clients.
2017

Q1

Go live on iTunes App Store with both clients and operations commencing in one Coastal City.

Q2

Company legal setup.
First website launched www.red-cab.co.

Q3

Raised First Round of Investment.

Q4

Operations expansions to 2 coastal cities Partnership with Sierra Global Solutions.
2018

Q1

Launch and redesign new Website www.redcab.co.
Creation of brand identity.

Q2

Soft Launch & Community Building.
Partnership with Vestedsummit.com & SkaleUP Ventures.
www.redcab.io acquisition

Q3

REDC Token creation and ICO launch Partnership with BitPeaks.com.

Q4

End of Token Sale and token distribution to contributors.
Massive Email Campaign, Social Media & Digital PR to introduce RedCab to the world.
Partnership with doPAY payment processor.
2019

Q1

Listing of REDC token in 2 of Top 10 Crypto Exchanges.
Listing on CoinmarketCap.com.
Start developing RedCab Dapp with wallet integration.
Invest in Infrastructure.

Q2

Expansion of on-ground operations in selected cities in EMEA and LATAM regions.
Partnership with an Airline (Name to be be confirmed).

Q3

Proof of Driving and Proof of Marketing product development.
Expand our Travel Service Partners, hotels, and restaurants.
Listing of REDC Tokens in 1 Top 5 Crypto Exchanges.

Q4

Release of iOS and Android release 2.0 with wallet integration and Cabbi smart bot introduction.
Expand Offices in Europe & Asia Markets.
2020

Q1

Phase 2 of Massive marketing campaign.
Raise round 2 of investment.
Listing of REDC Tokens in two Top 5 Crypto exchanges.

Q2

RedCab Platform development.
Data mining and Geo-Ads introduction.
Introduce Proof-of-Driving and Proof-Of-Marketing.
Release of dAPP. Decentralized Escrow Exchange for REDC Tokens to trade fiat currency in exchange of REDC.

Q3

Partnership with sports, celebrities, and public figures for Marketing and exposure.

Q4

Expand on-ground operations to North America.
2021

Q1

Listing on all Top 5 Crypto exchanges.

Core Team

Mohamed Mousa

Co-founder & CEO

Walid ElGendy

Co-founder & CBO

Asser Yehia

Co-founder & CTO

Mohamed Ameen

Co-founder & Creative Director

Fadi Nashed

Founder & COO

Amr

Chief Trading Officer | Co-founder at bitpeaks.com

Anna Basters

Community Manager

Majed Morsi

Media Content Creator

Ragy Albeer

Team Lead Front-end Development

Hassan Hussien

Animation Manager

Hala Salah Eldin

Senior Web Designer

Ahmad Dewanto

Campaign Manager

Advisors

Stefan Bergström

Business Strategic Advisor

Danny J. Christ

ICO Advisor

Daniil Morozov

Advisor

Salma ElHariry

Founder & CEO - SkaleUP Ventures

Farooq A. Rahim

Technical Advisor

Alaa Gabr

Advisor - IT Business Consulting - Dell

Amr Tantawy

Field Channel Manager - Oracle

Ahmed ElShawa

Support Escalation Engineer - Microsoft

Yasser Ameen

Senior Technical Engineer - Kaspersky Lab

Mohsen Deeb

Chief Executive Officer at Anzma|Tech

Binod Nirvan

Smart Contract Advisor

Richard Trummer

ICO Advisor

Mohammed Ebrahim

Board Member & Advisor

Savio Gomez

Trusted Advisor

Jeremy Khoo

Chief Strategist & E-Commerce Advisor

Filip Poutintsev

Advisor

Partners

Meet Us

Malta Blockchain summit

1 - 2 of November 2018

Our office In Hurghada

January 2018

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