RedCab's expansion plan within the US is planned in Q4 2020 as mentioned in our roadmap and in Asia 1 year before that. Our expansion strategy relies on gradually reducing the cut percentage taken from the trip until we reach our model of 100% earnings to drivers and the only cost to the consumer is the fare of the trip through decentralizing the whole process by mid-2020. While the main cash cow relies on Geo ads contracts from commercial entities interested in targeting certain segments with specialized and tailored ads to lower their marketing costs and increase the fulfillment of provided ads.
The market in Asia and the US is heavily dominated by big funded centralized companies indeed as Uber, Lyft, Cabify, grab, etc. However with our business model, and Proof of Driving integration to motivate drivers to get on the wheel to generate tokens as long as they're driving and accepting trips, we lower our operating costs and Proof of marketing to get our customers promote the app to their network and make tokens as long as their network of users are using the appWith the introduction of blockchain, the gig economy can expand into just about any industry, especially ride sharing, which will no doubt become one of the biggest cryptocurrency use cases in the short term