RedCab ICO (REDC)

Decentralized Transportation Solution


RedCab LLC. offers a decentralized peer-to-peer transportation solution to individuals. Utilizing the power of Blockchain technologies and a unique business model for a transparent, affordable, and innovative future. Founded in 2016, and launched in 2017 with a concrete roadmap unto the future of peer-to-peer transportation services. Proof of Driving and Proof of Marketing Concepts, AI Powered road assistant, Geo Ads for monetization, and a strong portfolio of on-ground operations in a very short time.

Artificial Intelligence Big Data Tourism
4.0

by expert rating and reviews


5.0
ICO PROFILE
3.7
TEAM
3.8
VISION
3.4
PRODUCT
Ended
Token REDC
Platform Ethereum
Price 1 ETH = 2,333 REDC
Country Egypt
ICO Start Date 22 Jun 2018
ICO End Date 15 Aug 2018

About RedCab

RedCab LLC was founded by mid of 2016 to reinvent the peer-to-peer transportation solutions by solving a real problem through understanding the root causes of riders’ and drivers’ actual needs and deliver an innovative solution governed by customer experience, transparency, and efficiency.

RedCab LLC gives the chance for everybody to freelance as integrated service providers working on peer-to-peer scale, while taxi companies operate as an aggregated professional service provider.

Our business model is designed to deliver 100% of the benefits to users versus 100% earnings to drivers and taxi companies through decentralizing the whole process.

The performance matrix and rewards program for drivers is designed to ensure that every single ride gets the highest quality from a customer experience standpoint, while a psychological factor is subtly implemented to govern the customer satisfaction part, and processes are in place to ensure the safety of both parties.

Team

Mohamed Mousa member of RedCab ICO
Mohamed Mousa
Co-Founder & CEO
Walid ElGendy member of RedCab ICO
Walid ElGendy
Co-Founder & CBO
Asser Yehia member of RedCab ICO
Asser Yehia
Co-Founder & CTO
Mohamed Ameen member of RedCab ICO
Mohamed Ameen
Co-Founder & Creative Director
Majed Morsi member of RedCab ICO
Majed Morsi
Media Content Creator
Ragy Albeer member of RedCab ICO
Ragy Albeer
Team Lead Front-End Development
Hassan Hussien member of RedCab ICO
Hassan Hussien
Animation Manager
Hala Salah Eldin member of RedCab ICO
Hala Salah Eldin
Senior Web Designer
Anna Basters member of RedCab ICO
Anna Basters
Community Manager
Ahmad Dewanto member of RedCab ICO
Ahmad Dewanto
Campaign Manager
Salma ElHariry member of RedCab ICO
Salma ElHariry
Founder & CEO - SkaleUP Ventures
Alaa Gabr member of RedCab ICO
Alaa Gabr
IT Business Consulting - Dell
Amr Tantawy member of RedCab ICO
Amr Tantawy
Field Channel Manager - Oracle
Ahmed ElShawa member of RedCab ICO
Ahmed ElShawa
Support Escalation Engineer - Microsoft
Yasser Ameen member of RedCab ICO
Yasser Ameen
Senior Technical Engineer - Kaspersky Lab
Mohsen Deeb member of RedCab ICO
Mohsen Deeb
Chief Executive Officer At Anzma|Tech
Farooq A Rahim member of RedCab ICO
Farooq A Rahim
Technical Advisor

Milestones

  • 1

    2016 Q1

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

  • 2

    Q2 2016

    Mobile App development started – first trial and error.

  • 3

    Q3 2016

    Market research and business iteration.

  • 4

    Q4 2016

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

  • 5

    Q1 2017

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

  • 6

    Q2 2017

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

  • 7

    Q3 2017

    Raised First Round of Investment.

  • 8

    Q4 2017

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

  • 9

    Q1 2018

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

  • 10

    Q2 2018

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

  • 11

    Q3 2018

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

  • 12

    Q4 2018

    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.

  • 13

    Q1 2019

    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.

  • 14

    Q2 2019

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

  • 15

    Q3 2019

    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.

  • 16

    Q4 2019

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

  • 17

    Q1 2020

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

  • 18

    Q2 2020

    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.

  • 19

    Q3 2020

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

  • 20

    Q4 2020

    Expand on-ground operations to North America.

  • 21

    Q1 2021

    Listing on all Top 5 Crypto exchanges.

Financial

Token Sale Info
Token REDC
Token Type ERC20
Platform Ethereum
Price in ICO 1 ETH = 2,333 REDC
Tokens for Sale 62000000
Investment info
Accepting ETH
Distributed in ICO 62%
Hard cap 24,529 ETH

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