RedCab Decentralized Transportation Solution
REDCAB
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.
How RedCab Solution works?
RedCab is a decentralizing the transportation solution for individuals by utilizing Blockchain technologies for cost efficient and secure transactions. On the other hand, saving billions of dollars from transportation commission to be rewarded back to the ecosystem ensuring sustainability and business continuity through cutting edge technology, performance management and customer loyalty. Our business model is designed to ensure smooth market penetration through lean and reliable processes, and our scoring and reward program ensures loyal and productive community. With the variation in fare calculation from one country to another and even from one city to another, RedCab LLC has managed to keep the tool flexible to amend the best pricing formula without surge price or high cost fare in holidays or bad weather.
Service Offering and Customer segmentation
RedCab LLC has spent enough time understanding customers’ needs to customize not only a stylish trip or transportation from point A to point B, but a comfortable, safe and affordable solution, that caters for everyone’s need. From business to family and from an individual to groups, RedCab LLC managed to categorize car models according to needs, without a limitation to a particular segment and to ensure all travel demands are covered. Economy Cab: We select cars carefully with focus on affordability. Less fuel consumption means lower fares. Economy trips are for the City use. The short and quick everyday trips. Luxury Cab: Luxury cars for those who want to arrive in style and don’t mind the extra costs. Family Cab: A bigger car type for taking out the kids for a long trip or going out with the whole family. Suitable for special care or senior citizens. Family Cab is a unique feature of RedCab LLC for extra care of kids and seniors. Red Cab: Super cars in Red. Yes! This is the ultimate ride. Users will pay a lot, and drivers will make more in tokens.
Business Model
RedCab LCC developed a unique business model where we discovered that we can actually make money without ripping off customers or pressing on drivers’ toes. We will not take a cut from the trips. 100% of the price paid by the rider goes to the driver, and because the whole process is decentralized, the rider pays less, and the driver gets all of the money. RedCab LCC main monetization pillar is Geo Ads, where Hotels, shopping malls, restaurants, cafes, clubs, etc. will push offers and promote their products on the Mobile App map depending on an algorithm analyzing historical data for each rider, and showing only what is relevant to capitalize on the fulfillment KPI and drive profitability. In the upcoming new era, people won’t just buy products because they’ve seen a nice ad or because the offered service was portrayed nicely. Marketing is evolving, and at RedCab, we’re aboard that train. Specialized, tailored, and guaranteed to succeed ads. This is what the people will spend their money on in the future. Using technology to recognize the needs based upon analyzing behavior, routes, preferences, and personality preferences. Then offer only what is relevant will result in maximizing the fulfillment rate of such offered products or services, and lower the costs on the business owner. Our strategy also builds an emotional connection between the buyer and the offered product through personalizing the whole experience and engaging our AI powered road assistant in day-to-day interactions to offer only what is relevant when it is relevant, hence increasing the possibility of fulfillment and driving more revenues from consequent purchases.
AI-powered Road Assistant
RedCab LLC is introducing 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. Cabbi® is not only a customer road pal but also a driver’s best friend who always has his back with next trip locations, trip ratings, emergencies, wallet transfers, token generation advice and price alerts.
Introducing the digital and personal assistant technology to the transportation industry is considered as a game changer to the default user experience currently in the market among competitors, which resulted in an almost non-competitive stall. Cabbi® is also considered part of our AI development program playing as the front interface for many proceeded and filtered data offered to our customers as magical solutions to their a day-to-day problems -in moving from point A to point B – from one part, and promoting our advertisers’ products from another part to increase the business appetite to run their advertisement campaigns with RedCab LLC.
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. Max Tokens Supply Cap is 100,000,000
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