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.
12016 Q1-Q4 2016
The business Idea came, and we started the business research. Mobile App development started – first trial and error. Market research and business iteration. Mobile app MVP launch. Go live on Google Play with both driver and rider clients.
2Q1 2017-Q4 2017
Go live on iTunes App Store with both clients and operations commencing in one Coastal City. Company legal setup. First website launched www.red-cab.co. Raised First Round of Investment. Operations expansions to 2 coastal cities Partnership with Sierra Global Solutions.
Launch and redesign new Website www.redcab.co. Creation of brand identity.
Soft Launch & Community Building. Partnership with Vestedsummit.com & SkaleUP Ventures. www.redcab.io acquisition
REDC Token creation and ICO launch Partnership with BitPeaks.com.
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.
7Q1 2019-Q4 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. Expansion of on-ground operations in selected cities in EMEA and LATAM regions. Partnership with an Airline (Name to be be confirmed). 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. Release of iOS and Android release 2.0 with wallet integration and Cabbi smart bot introduction. Expand Offices in Europe & Asia Markets.
8Q1 2020-Q4 2020
Phase 2 of Massive marketing campaign. Raise round 2 of investment. Listing of REDC Tokens in two Top 5 Crypto exchanges. 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. Partnership with sports, celebrities, and public figures for Marketing and exposure. Expand on-ground operations to North America.
Listing on all Top 5 Crypto exchanges.