RedCab ICO Review

Decentralized Transportation Solution

Description

 

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.

Team

Kateryna Smetanina
Mohamed Mousa
Co-Founder & CEO
Kateryna Smetanina
Walid ElGendy
Co-Founder & CBO
Kateryna Smetanina
Asser Yehia
Co-Founder & CTO
Kateryna Smetanina
Mohamed Ameen
Co-Founder & Creative Director

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Rating

4.4

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ICO Ended

15 Aug 2018

Token name
RedCab
Ticker
REDC
Price
1ETH=2333
Start Date
22 Jun 2018
Finish Date
15 Aug 2018
Platform
Ethereum
Total Supply
100000000
Soft cap
Hard cap
24529 ETH
Country
Egypt
Accepting
ETH
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