RedCab (REDC) Price Chart & Market Cap Index

RedCab (REDC) Price Chart & Market Cap Index

Full Name
RedCab (REDC)
Start Date
N/A
Algorithm
N/A
Proof Type
N/A
RedCab (REDC) Block NumberBlock Number
N/A
RedCab (REDC) Block TimeBlock Time
N/A
RedCab (REDC) Block RewardBlock Reward
N/A
Max Supply
N/A
RedCab (REDC) Net Hashes Per Second Net Hashes Per Second
N/A
Description

RedCab (REDC) Coin Description

Founded in 2016, and launched in 2017, RedCab is a decentralized mobile-app transportation platform. It aims to provide the user with the tools to act as a freelancer in the individuals' transportation market. The RedCab platform is designed to work with a rating system related to the drivers' delivery quality. The platform uses a new concept named Proof of Driving which will act as a mining system for REDC tokens, users are expected to mine tokens while driving.

The REDC token is an Ethereum-based (ERC20) cryptocurrency developed by the RedCab. It is a utility token for a day to day usage into the RedCab app.

Technology

RedCab (REDC) Coin Technology

Sorry, detailed technology about RedCab (REDC) is not currently available

Features

RedCab (REDC) Coin Features

Sorry, detailed features about RedCab (REDC) is not currently available

ICO Status

RedCab (REDC) ICO Details

ICO Status
Ongoing
Token Supply
100000000
Start Date
2018-06-22
End Date
2018-10-15
Fund Raised (BTC)
13,201.8 ETH whitelisted
Fund Raised (USD)
N/A
Start Price (USD)
0.0004286326618088298
Security Audit Company
N/A
ICO Legal Form
Corporation
ICO Jurisdiction
N/A
Legal Advisers
N/A
White Paper

Founded in 2016, and launched in 2017, RedCab is a decentralized mobile-app transportation platform. It aims to provide the user with the tools to act as a freelancer in the individuals' transportation market. The RedCab platform is designed to work with a rating system related to the drivers' delivery quality. The platform uses a new concept named Proof of Driving which will act as a mining system for REDC tokens, users are expected to mine tokens while driving.

The REDC token is an Ethereum-based (ERC20) cryptocurrency developed by the RedCab. It is a utility token for a day to day usage into the RedCab app.

Team:

  • Mohamed Mousa: Co-Founder & CEO. 
  • Walid ElGendy: Co-Founder & CBO. 
  • Asser Yehia: Co-Founder & CTO. 
  • Mohamed Ameen: Co-Founder & Creative Director. 
  • Fadi Nashed: Founder & COO. 
  • Amr: Chief Trading Officer.

RedCab ICO began on June 22, 2018. The ICO token supply represents 62% of the total token supply, so there is a total of 62,000,000 REDC tokens available, for 0.00042863 ETH each. The ICO funding target is T.B.A., the funding cap is 24529 ETH and is expected to end on October 15, 2018 or when the funding cap is reached. Any unsold/remaining tokens will DESCRIPTION.

Token Reserve Split (38%):

  • 25% Reserved for Proof-Of-Driving & Proof-of-Marketing token generation algorithm;
  • 9% Team and Founders;
  • 3% Advisors;
  • 1% Bounty. 

RedCab ICO campaign features a bounty as well as the following bonus structure.

Bonus Structure:

  • 67% in Private Sale;
  • 15% in PreSale.
Read the Disclaimer: All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer