RedCab ICO (REDC)
Blockchain based P2P transportation platform
Start Date
01 Jun, 2018
End Date
15 Aug, 2018
RedCab Use of Token
REDC tokens are RedCab's native tokens. REDC is an Ethereum based ERC20 token. There will be a total of 100 million REDC tokens, 40% of which will be offered for sale via the ICO. REDC tokens will be used to pay drivers for the trips they do via the platform via the unique Proof of Driving model of the platform. Customers will be also rewarded for taking trips, submitting reviews for drivers, and marketing the platform via the innovative Proof of Marketing model. New REDC tokens are generated as the platforms operates, and the more drivers and customers are on the platform, the less the number of tokens generated to support the price of the token.
Organization
RedCab LLC
Platform
Ethereum
Coin type
Utility Token
Category
Transportation
Soft cap
2,143 ETH
Max cap
24,529 ETH
Max supply
100,000,000 REDC
Price
0.00042863 ETH
RedCab Token Sale Stages
- Stage
- Start date
- End date
- Amount of Tokens
- Price
- Discount
RedCab Distribution
RedCab Use of Proceeds
RedCab Team Members
RedCab Advisors
RedCab Past Events
- 31 March, 2019
The business Idea came, and we started the business research.
- 30 June, 2019
Mobile App development started – first trial and error.
- 30 September, 2019
Market research and business iteration.
- 31 December, 2019
Mobile app MVP launch. Go live on Google Play with both driver and rider clients.
- 31 March, 2019
Go live on iTunes App Store with both clients and operations commencing in one Coastal City.
- 30 June, 2019
Company legal setup. First website launched www.red-cab.co.
- 30 September, 2019
Raised First Round of Investment.
- 31 December, 2019
Operations expansions to 2 coastal cities Partnership with Sierra Global Solutions.
- 31 March, 2019
Launch and redesign new Website www.redcab.co. Creation of brand identity.
- 30 June, 2019
Soft Launch & Community Building. Partnership with Vestedsummit.com & SkaleUP Ventures. www.redcab.io acquisition
- 30 September, 2019
REDC Token creation and ICO launch Partnership with BitPeaks.com.
- 31 December, 2019
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.
- 31 March, 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.
- 30 June, 2019
Expansion of on-ground operations in selected cities in EMEA and LATAM regions. Partnership with an Airline (Name to be be confirmed).
- 30 September, 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.
- 31 December, 2019
Release of iOS and Android release 2.0 with wallet integration and Cabbi smart bot introduction. Expand Offices in Europe & Asia Markets.
- 31 March, 2019
Phase 2 of Massive marketing campaign. Raise round 2 of investment. Listing of REDC Tokens in two Top 5 Crypto exchanges.
- 30 June, 2019
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.
- 30 September, 2019
Partnership with sports, celebrities, and public figures for Marketing and exposure.
- 31 December, 2019
Expand on-ground operations to North America.
- 31 March, 2019
Listing on all Top 5 Crypto exchanges.