Topic: [ANN] BitCab - Ridesharing 2.0 for the blockchain age - page 2. (Read 2114 times)

Uber is breaking the law! The company is ordered to pay out $161.9m
https://www.theguardian.com/technology/2016/apr/13/uber-lawsuits-619-million-ride-hailing-app

Uber concealed a hack that affected 57 million customers and drivers.
In BitCab the application will store Data in a decentralized blockchain, where such hacks are impossible.
http://www.bbc.com/news/technology-42075306

I’ve read your project and read the comments of the people who care about the project. It’s very interesting.
 

Even CEO of Uber is arguing with the drivers about falling fares. https://www.nytimes.com/2017/03/01/technology/uber-chief-apologizes-after-video-shows-him-arguing-with-driver.html

Unlike Uber, where dishonesty is flourishing, BitCab as a decentralized structure will honestly reward all participants for any activity.
https://www.bloomberg.com/view/articles/2017-11-22/uber-s-big-problem-is-a-culture-of-dishonesty

Uber can’t be ethical – its business model won’t allow it doesn't take measures to better care for both its drivers and customers. BitCab will be fully decentralized ecosystem whose participants (drivers, riders and others) will influence its development.
http://theconversation.com/uber-cant-be-ethical-its-business-model-wont-allow-it-85015

Uber is involved in numerous scandals including disclosure of personal data and aggressive strategies to take down the competition. In the BitCab ecosystem, all disputes will be resolved through the role of Arbiter.
http://www.businessinsider.com/uber-company-scandals-and-controversies-2017-11#november-2012-prices-soar-during-hurricane-sandy-3

Here is another example of inefficiency and recklessness of Uber. This article tells about an accident on the road by an Uber car and lack of due responsibility for the accident.
https://ideas.4brad.com/it-certainly-looks-bad-uber
BitCab will have consistent service levels and safety (Driver onboarding, customer support, dispute resolution)
It will be put into practice through the roles of approver and arbiter, that would approve new drivers and resolve disputes.
Please see the interaction chart here: https://bitcab.io/images/work-img.png

So in case of any accident or misbehavoir riders and drivers will get lower (or no reward), that is the prime motivation of the drivers to ride safe and that is the motivation of the riders to behave well.

Thanks to decentralized ecosystem, BitCab Drivers will get paid more than drivers of traditional apps, where they are earning about half the statutory minimum wage!
BitCab is moving to the future with a more efficient economy with stronger loyalty.

http://www.abc.net.au/news/2018-03-06/uber-x-drivers-working-for-half-the-minimum-wage/9513250

Pre-ICO dates: we are targeting April but will announce separately based on regulatory developments and other external factors

Please join our Bounty here

When is the PRE ICO due. ? Is there a bounty campaign?

Syscoin (SYS) needs no introduction among crypto enthusiasts. Called “the most undervalued project in crypto world” and “the hidden gem of 2018”, Syscoin is a “revolutionary cryptocurrency that offers near zero cost financial transactions like Bitcoin and provides businesses the infrastructure to trade goods, assets, digital certificates and data securely” and was released under MIT license in 2014.
Syscoin offers a wealth of functionality that BitCab needs including hardened smart contracts built into the core such as On-chain Offers, Certificates, Escrow, Aliases (identities or usernames), Encrypted messages etc.
The new core coming out tentatively end of March will support Tokens, Assets, ICOs, has a built in database for powerful searching and offline data, Instant send (SYS) and Zero confirmation instant transactions (Z-DAG) for assets. Tokens can be sent and received in real-time. Syscoin will give BitCab faster, cheaper, more scalable transactions than any other blockchain platform.
You can read more about Syscoin here:
https://en.wikipedia.org/wiki/Syscoin
https://syscoin.org

The partnership will go far beyond just building BitCab app on Syscoin blockchain:
- We are very excited to have Jagdeep Sidhu, Syscoin Core Developer, and Brad Hammerströn, Syscoin CMO, joining BitCab as Advisors. They will share their insights and provide support on both development and marketing
- The partnership will enable BitCab to tap into amazing Syscoin community of tens of thousands of crypto enthusiasts. In addition to access to Syscoin social media channels, we plan to give back to the community by airdropping 4.5% of tokens sold in the ICO to existing SYS holders. This will align incentives and bring the early adopters into the ecosystem: any network only becomes valuable once critical mass of early adopters starts using it, such as collectors for EBay, LIONs for Linkedin and Harvard students for Facebook. Our critical mass can come from crypto enthusiasts holding SYS. To incentivize these early adopters to use BitCab app, we will offer to refund initially airdropped tokens to anyone who uses them on BitCab ecosystem (i.e., actually buys ride(s) on the platform - as opposed to just selling or holding the tokens) in the first 60 days after BitCab app is launched.
- With Syscoin reach and Brad’s marketing expertise, we will be able to get the word about BitCab to many more potential users, bringing the decentralized future of mobility to reality faster.

This is an exciting step forward for both projects - giving BitCab unparalleled blockchain functionality and increasing our reach while adding a new high potential ICO and a new use case to Syscoin platform. We look forward to building the decentralized future of mobility and commerce together with Syscoin!

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Let me quote from our WP

Thank you for your question!
2) and 3) are blockchain generated rewards, while the the company generates income from 10% of all transactions in the ecosystem, that are genrated above the fare.

If drivers will get the full fare of the rides, how will the company generate income? Where will those bonuses from #2 and #3 come from?

Drivers in the BitCab ecosystem will earn more than in the huge corporations like Uber and others. This will happen due to several facts:
1)  Drivers will get the full fare of the Ride. They won’t need to give up to 50% to the company.
2)  Drivers will get additional loyalty tokens for completing an average of 10 rides with BitCab per day and for taking 90% of rides suggested by BitCab
3)  Drivers may gain extra bonuses for other activities. For example, they may invite new riders and drivers into the ecosystem and gain tokens for this marketing activity or they could approve new Drivers and gain LT tokens for this activity.
https://www.bloomberg.com/view/articles/2018-03-09/uber-driver-wages-are-too-low-to-sustain-the-cab-industry

Thank you for the question,
Our crypto economy is very similar to the Steemit (meaning that we have two currencies 1 CAB is always equial to 1 LT, where LT pays 10% annual bonus) and our system generates rewards for user's activity (Like steemit), However our business models are very different! BitCab is ridesharing platform with multiple roles while Steemit is the decentralized social network.

So the main difference is Roles{online/offline approvers (approve new drivers), sages (community support), arbiters (resolve disputes), champions (invites drivers and riders)}
and type of activity that will rewarded with tokens.

Because champions with multi-level program have a much stronger incentive not just to promote BitCab, but also to encourage their referrals to actively use it.

Yes, Champions invite new riders and drivers into the BitCab ecosystem and get rewards for this marketing activity.

Hello, sure. They can be applied for an entry in Approvers.