By 2030 it is predicted that gross revenues from the Ride Hailing industry will reach a staggering $285 billion.
While the ride hailing industry does have a number of dominant large players, it is still relatively fragmented and ripe for technological disruption.
That is the hope of a new player called RedCab which is using blockchain technology to give it an edge over it’s competitors.
Funding for the development, marketing and operation of RedCab platform will come through a token generation event. Here are some of the key Q & A’s regarding the RedCab TGE.
What is the name of the token?
The token is called REDC.
What type of token is REDC?
REDC is an ERC20 compliant token.
What is the exchange rate?
The exchange rate is 1 ETH is equal to 2333 REDC.
What is the hard cap for the token distribution event?
The hard cap is 24529 ETH.
What is the minimum purchase?
The minimum purchase is 233.3 REDC which is the equivalent of 0.1 ETH.
What exchanges will REDC be listed on?
The plan is to list REDC on exchanges where there is proof of reserves and are regulated. This could potentially include exchanges in Korea, Japan and other international locations.
Where can you find more information about the RedCab token generation event?
You can learn more about the RedCab TGE by visiting:
RedCab Website: https://redcab.io/
RedCab Whitepaper: https://redcab.io/downloads/Whitepaper_EN_v1.0.pdf
RedCab Twitter: https://twitter.com/RedCab_LLC
RedCab Facebook: https://www.facebook.com/redcabeg/
RedCab Telegram: https://t.me/RedCab_ICO
RedCab Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3834815.0