Topic: [ANN][ICO]🗺️RedCab AI-based Decentralized peer2peer transportation solution🚗🚗 - page 55. (Read 101828 times)

We just updated our website to make it more simple to participate in the token sale.
clicking on buy tokens now gives the 2 options of either buying using POA wizard or by sending directly to the smart contract address using MEW or Metamasak.
Just make sure to use the method id 0xa6f2ae3a in the transaction data

check it out and let us know what u think.

https://redcab.io

We recently got some questions and decided to summarize it in faqs.

Problem:
Uber, lyft, grab, etc are giving a service which is expensive to customers and not good to drivers because their commission is too much.

Redcab Solution:
Decentralize the process and don't take a cut.

Result for community:
Cheaper rides for customers and more money for drivers.

Result for RedCab:
More people will use the app. which means more business to us.

How are we going to make money?
Use the customers' data, analyze it, and sell them tailored ads

Why blockchain? and Why a Token?
To give drivers a generated token to get them to drive with us, and to give customers tokens so they market us to their network.

Can we do it without blockchain?
Yes, we can, but the blockchain solution will lower our operating expenses and increase our investors return on their investment.


How would blockchain lower the expenses?
proof of driving will give drivers tokens when they drive so we don't have to pay them to keep our app open. (Operational expenses)
proof of marketing will give customers tokens when they refer our app to their friends and family so we don't have to spend millions on advertising (Advertising expensive)


why should people invest in REDC tokens now?
because the value of the token will increase when listed on exchanges

so is that a security token?
No! it is a utility token.

So why would the value increase?
Because the supply is capped, and it'll be used in everyday usage for payment in the app which creates organic demand on it.
Limited Supply+increasing demand=Value appreciation.

but what if no one used the app?
If you're going to work and need a ride and have two options. option 1 costs you $10, option 2 costs $9. it's a no-brainer what you will choose.
if you drive with uber and get paid $8 after they take their commission, and with RedCab you get paid $9. it is also a no-brainer what you will choose.
The app will work!


So what is the ROI if I buy REDC tokens now?
We can't predict the future, but a recent study suggested that the ICO investor makes an average of 82% gain. We might be in the same range.


What exchange will you be listed at?
We will confirm the name as we come closer to the listing date.


Please feel free to ask any questions you might have. it benefits you and the community. thanks

Feel free to ask any questions you have about the whitepaper or the project in general and we will be happy to answer

Hello Turkish Updated ANN thread.
https://bitcointalksearch.org/topic/annicoredcab-ai-tabanl-merkezi-olmayan-peer2peer-ulatrma-cozumu-4253277

reserve Swedish translation

RedCab rated to be among the safest 2% of the ICOs by Cointobuy

RedCab's safety rank is 30/ 3413

https://cointobuy.io/icos/redcab

Dear TimeTeller,

at RedCab we are convinced, that our service will be in demand because besides the standard car-hailing service, RedCab is offering services on Top that are unique. Proof of Driving, Proof of Marketing these concepts are registered intellectual property at RedCab LLC. (Registration number:   6239137959 registration can be verified online at https://www.copyrightregistrationservice.com/verify/). With the help of Blockchain, AI and Proof of Driving, RedCab is solving two major problems that are currently present on the market.

1. Problem: Price Fluctuations during peak hours

Nowadays during peak hours, riders have to pay higher prices for a cab as there is short supply. Through Proof of Driving concept, drivers will be motivated with tokens to accept more rides. This will prevent shortage on the market during peak hours and will stabilize the prices for a ride.


2. Problem: High comission fees for the companies

Currently the car-hailing services need to charge a comission from each ride to sustain in the business. RedCab is planning to gradually reduce this comission to 0% within the next 3 years. This will be beneficial for the driver who will receive more profit and for the rider who will save money. Meanwhile RedCab is planning to introduce Geo-Ads within the app and this should become the main profit source for the company. This way everyone in the community can benefit: Drivers have more profit, riders have more savings and local businesses can advertise their products to a targeted audience which decreases the ad-costs and increases the conversion rate.

Regarding your concern about the competition with the large companies. This concern is totally valid and here we need to clarify that our vision is totally realistic and we are not planning to compete with the big players at the current stage. We are a small company founded just 2 years back. Our strategy is to expand to small touristic places where we can gain customer-trust and perfectionize our services. The competition in small touristic places is not high which gives us a chance to grow slowly but steadily. The competition with the big players in the market may be considered in the long term period.

Regards,

Anna

RedCab's company profile continues to climb the ranks on Crunchbase 📈

https://www.crunchbase.com/organization/redcab-llc

You're welcome and thank you also.
I just want this kind of service to be successful in the field of crypto.
Because consumers will have another option to use and they also can get benefit out of it.
And competing with big names in the industry like Uber, Lyt and others is not a big feat. So good luck!

Dear TimeTeller,

First of all thank you for your constructive feedback. We always like to learn about the opinion of others and it is interesting to discuss.
Indeed our aim is to gain the trust of our investors and the community. For this reason we are doing our best to stay connected with them, share all our news and discuss questions in our telegram group (t.me/RedCab_ICO)
To get investors is a challenge as we are currently a small company at the beginning of our journey. We just started 2 years back. Nevertheless we strongly believe that our vision and our well detailed roadmap is what real investors want. Operational company with concrete business plan that is quickly progressing on-ground.
Regarding your comment for the private sale amount, you need to consider, that the bonus at the private sale is up to 42% during the last week. This is a great bonus for the buyers who are interested to invest more.
However the private sale will be over in few hours and we are moving forward to the Pre-ICO starting on June 1st, where the minimum contribution of 0.1 ETH is a very affordable amount.

Thanks and Regards

Anna

My impression with this project is that, you are really legit in the first place.
You have your app and currently serving a specific area.
Now, the current challenge of your project is how to raise funds from your investors?
You are doing your part already, sharing even small updates and that's a good signal.
Do not stop sharing those updates as they are just watching here.

But I believe you need to lower a bit for your minimum eth contribution during private pre-sale.
Not all can afford such amount. But it's your call anyway. I'm just suggesting here.
Hope you will be successful on your project and expand your operations soon. Good luck!

Asser Yehia, Co-founder & CTO at RedCab published an article about the benefits of AI in our daily lives and how it will be applied at RedCab. What do you think about that?

https://medium.com/redcab/ai-driven-logistics-optimization-587925465482

Slovakian translation reserved

icoshrimp review
https://icoshrimp.com/red-cab-offering-blockchain-based-solutions-for-the-transportation-industry/

This is amazing project so far. Their whitepaper and the roadmap is transparant. They have a good idea and great team to make this project will be succes in the future. So good job and hope will be to the moon

RedCab Monetization model explained by Co-founder and CEO Mohamed Mousa

https://medium.com/redcab/redcab-monetization-model-463bdc8132f3

We have a new animated video published on our YouTube channel explaining the RedCab concept from A to Z

We would like to know your thoughts on that

https://www.youtube.com/watch?v=AuNoDxJwcCE

Hi Musli,

thanks for the opportunity to get listed on your website We will submit the listing-form shortly.

We have a new video on the RedCab YouTube channel where RedCab Co-founder &CEO Mohamed Mousa explains the main concepts of the project. Check it out and share your thoughts

https://youtu.be/Hx_WhQ1PVj8