Redcab2

August 18, 2018

REDCAB

This paper is for information purposes only and is not a statement of future intent. RedCab LLC. makes no warranties or representations as to the successful launch of the Token Sale, or achievement of any other activities noted in this paper, and disclaims any warranties implied by law or otherwise, to the extent permitted by law. No person is entitled to rely on the contents of this paper or any inferences drawn from it, including in relation to any interactions with RedCab LLC., the Token Sale or the technologies mentioned in this paper

Introduction

A Decentralized Peer-to-Peer Transportation

solution powered by Blockchain technology

and governed by smart contracts

1.1 Business in Brief

RedCab LLC is a fast forward company with technological and futuristic business model in the transportation space. From technical aspects to business model, a dedicated research team spent a whole year of research to gather needs, find market gaps and assess potential with a clear understanding of customer requirements and customer experience. Our first Beta version of the Mobile App went live in 2017, as part of our on ground market research and gathering feedback. The Mobile App soft launch took place in a small touristic spot by the Red Sea for more on hand operations and to test the car hailing service. We observed a huge potential in the industry and rising demand in metropolitan cities globally with a future expectation for the industry ballooning to reach $285 Billion by 2030. 1

1.2 Business Highlights

81.3 Company Background

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 safety of both parties.

Value Propositions:

Customers

• Less waiting time to start your trip.

• Free trips with higher usage.

• Lower price fare and high savings. (No Surge Price or dynamic rates because we

solved the drivers’ supply challenge)

• Multiple options to match your trip style.

• More earnings through referral program.

• Earning tokens through Proof-of-Marketing.

Drivers

• Extra earnings and profits.

• More rides per hour for more flexible working hours.

• Multi options of transportation services.

• Earning Tokens through Proof-of-driving.

Hotels & Restaurants

• Ensuring reliability & efficiency where service providers and delivery personnel are

engaged above a certain threshold and KPIs.

• High savings and maximum efficiency for restaurants without dedicated delivery

fleets.

• More earnings through promotional ads and discounts. (Data Mining & Deep

learning technology using Geo locations promotional Ads)

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. But the impression it will leave...Priceless!