Bitcoin Forum
February 21, 2018, 01:52:57 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 »  All
  Print  
Author Topic: [ANN] Fair Trade Cab - Fair Ride on the blockchain  (Read 615 times)
FairTradeCab_Official
Jr. Member
*
Offline Offline

Activity: 30
Merit: 0


View Profile WWW
October 24, 2017, 11:19:57 AM
 #1

FAIR TRADE CAB




FAIR TRADE CAB OVERVIEW


Fair Trade Cab will use the funds raised to continue to develop its platform, an IOS and Android rideshare app, integrating the FTC coin (FTCC), the inapp FTCC wallets and the inapp exchange, as well as paying for all the costs (server, mapping, etc) for the first year after its launch.

We aim to disrupt the rideshare business by completely removing the commission taken from drivers (current incumbents charge 15-35% and for Fair Trade Cab charges 0%) and lowering the ride costs for passengers using our own cryptocurrency, the FTC coin (FTCC). Fair Trade Cab will open the road to a fair rideshare economy!

However, we are not only a rideshare app, we are also a new cryptocurrency! FTCC will be listed on exchanges, to be tradable like any cryptocurrency and will also be widely used as a real currency.


IMPACT ON MULTI-BILLION DOLLAR MARKET CAPS


Fair Trade Cab is directly connected to 2 markets: the rideshare market for the rideshare FTC app, and the cryptocurrencies market as a cryptocurrency with FTC coin.

Let us start with the rideshare market. It is valuated today at around 36 billion dollars (USD), and is forecasted to grow as much as 285 billion dollars (USD) by year 2025, which means an 800% growth!

Moreover, the top 5 on-demand transportation apps in the world are currently valuated at $140 billion USD.

We have listed key points from this rideshare economy below:

- Top five on-demand transportation apps in the world are currently valuated at $140 billion

- Current on-demand transportation competitors are available in 83 countries and over 674 cities worldwide

- In the USA alone, over 40 million rides monthly which is over 77% of the ride-hailing market

- Over 2 billion rides completed in 2016


As a cryptocurrency, Fair Trade Cab also benefits from the cryptocurrencies market. Indeed, our coin will not only be used in our app, but also traded on exchanges, and used in everyday life. The cryptocurrency market cap is currently estimated at $170 billion (USD) today, and is forecasted to grow 1000% by 2025.


FAIR TRADE CAB PLATFORM: HOW IT WORKS

In our rideshare app, passengers pay with FTCC, and drivers receive FTCC as a payment for the ride. However, it is important to note that we have designed the FTC app in a way that passengers and drivers would not see the difference with a regular rideshare app as everything occurs back end. This makes it simple and understandable for all users!

For passengers, the signup process is the same as all current rideshare apps, the passenger simply enters their information and credit card, as well as for drivers (information and documents).

When passengers will book their desired ride, again the FTC app looks like a regular rideshare app. No complexities, simply optimized features and car options for passenger convenience are added. When the passenger confirms the ride with the touch of the book button, it will show them the price in fiat currency (country dependant) and in FTC coins and the passenger may then confirm the ride! 3 steps to book a “fair ride on the blockchain!” The ride is booked, and there are not any additional steps or complex transfers. The passenger will feel like they paid with their regular credit card in fiat currency at the lowest cost.

However backend, the passengers fiat money will be exchanged in FTC coins (FTC has a built-in exchange in our app) at the actual market price, which is then sent to the driver FTCC wallet as soon as the ride is completed. If the passengers are advanced cryptocurrency users and they have placed FTCC in their FTCC in-app wallet previously, the cost of the ride will be sent directly from their FTCC wallet to the driver FTCC wallet without being exchanged within the app built-in exchange.

Drivers receive FTCC as the sole method of payment. However at any time, the driver can choose to exchange their FTCC to fiat currency by a simple touch of their FTC button. Then again, backend in the FTC app, the FTC exchange automatically converts the FTCC to fiat currency and sends the fiat currency to the drivers stored payment method.

As you can see, it will be very simple and easy to use for all users, regardless if they are experienced with cryptocurrencies or not!

For more advanced details, you can refer to our whitepaper or website: www.fairtradecab.io.


WHY OUR OWN CRYPTOCURRENCY-FTCC ?

Fair Trade Cab had two objectives: not charging the drivers any commission to ensure they receive 100% of the ride cost thereby also lowering the costs for passengers and avoiding current regulations on the rideshare business, which are complex and have led to bans and law suits which are recuperated with very high costs on rideshare companies.

The solution for both of these challenges is to use our own cryptocurrency!

Each time a transaction will be made
(regardless if it is inside or outside the FTC app), a $0.15usd transaction fee will be charged (ex: similar to a transaction using Bitcoin).

This transaction fee is small, but it is very important as it leads to the 2 key facts about Fair Trade Cab:

-Fair Trade Cab earns money from a transaction, not from a ride (we are not a third party between drivers and passengers charging a percentage of the ride cost) which allows us to avoid certain regulations (drivers are not “working” for us).

- As FTCC is a cryptocurrency, this transaction fee will not only be earned through the FTC app, but also from trading exchanges, cryptos debit card and anywhere a cryptocurrency can be used.


Imagine - millions of rides a day, millions of trades each day via trading exchanges, cryptos debit cards, etc. This represents a tremendous revenue alone and without taking anything from the drivers and lowering the cost for passengers at the same time. In addition to this one stream of revenue, FTC has a multi-stream revenue model where we have identified several other streams including partnerships for special offers for our user database and partnerships with data and analytics firms for transportation.

FTC Coin will fuel the FTC Ecosystem by being the sole form of payment for passengers to drivers. FTC coins are functional utility coins designed for use within FTC’s platform as well as external exchanges mentioned above.

Using our own cryptocurrency allows us to build this fair economy in the rideshare business as we earn revenue from multiple places, not only from the rideshare app. It will not be a coin that is only used and has a purpose on cryptos exchanges like many coins are today, but the FTC coin will be used in everyday life by average people with no knowledge about cryptocurrencies as well as on exchanges and beyond!




PARTNERS

Takor Group


MEDIA


- Oct 2, 2017 on Value Walk:Cryptocurrency Market Size To Grow 1000x By 2025
- May 27, 2017 on Marketwatch:Ride hailing industry expected to grow eightfold to 285 billion by 2030


Should you require any additional information, please feel free to drop us a line at contact@fairtradecab.io

Feel free to share your thoughts and ask questions, we will be happy to answer them !

Join the #FAIRFARE movement powered by crypto !
1519221177
Hero Member
*
Offline Offline

Posts: 1519221177

View Profile Personal Message (Offline)

Ignore
1519221177
Reply with quote  #2

1519221177
Report to moderator
1519221177
Hero Member
*
Offline Offline

Posts: 1519221177

View Profile Personal Message (Offline)

Ignore
1519221177
Reply with quote  #2

1519221177
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1519221177
Hero Member
*
Offline Offline

Posts: 1519221177

View Profile Personal Message (Offline)

Ignore
1519221177
Reply with quote  #2

1519221177
Report to moderator
imyashir
Full Member
***
Offline Offline

Activity: 210
Merit: 100


ICO Live! EOZ.COM


View Profile
October 24, 2017, 11:31:44 AM
 #2

Reserved for filipino translation i wanna workout this project and to spread in my countrymen. Kindly private message me if available for translation.

Thanks dev

niknik1966
Sr. Member
****
Offline Offline

Activity: 266
Merit: 251


DIW - Security Decentralized,Life Revolutionized


View Profile
October 24, 2017, 12:42:50 PM
 #3

The idea is not completely understood. How do you make drivers pay for your coin? And where will the passengers take this coin? You want to automatically get paid after fiat, so that your coins are delivered to the driver. Will they be automatically generated? Repeat I would take on a driver's seat to pay in solid fiat. I do not imagine a taxi driver - a speculator who, having received your coin, goes to the stock exchange and looks at the sizable course of your coin.

          ▄▄
        ▄█▀▀█▄
      ▄█▀ ▄▄ ▀█▄
      ▀ ▄████▄ ▀
   ▄▀ ▄ ▀████▀ ▄ ▀▄
 ▄▀ ▄███▄ ▀▀ ▄███▄ ▀▄
█  ███████  ███████  █
 ▀▄ ▀███▀ ▄▄ ▀███▀ ▄▀

   ▀▄ ▀ ▄████▄ ▀ ▄▀
      ▄ ▀████▀ ▄
      ▀█▄ ▀▀ ▄█▀
        ▀█▄▄█▀
          ▀▀
███████████████████████████████████████████████████████████████████
██████▀▀▀▀▀▀▀▀▀▀▀██████████▀▀▀▀▀████▀▀▀▀▀█████▀▀▀▀█████▀▀▀▀▀███████
██████            ▀████████     ████     █████    █████     ███████
██████     ▄▄▄▄▄    ▀██████     █████    ████      ████    ████████
██████     ██████▄    █████     █████    ▀██▀  ▄▄  ▀██▀    ████████
██████     ███████    █████     ██████    ██   ██   ██    █████████
██████     ███████    █████     ██████    ██   ██   ██    █████████
██████     ███████    █████     ██████     █   ██   █     █████████
██████     █████▀    ██████     ███████       ████       ██████████
██████     ▀▀▀▀▀    ▄██████     ████████     ██████     ███████████
██████            ▄████████     ████████     ██████     ███████████
██████▄▄▄▄▄▄▄▄▄▄▄██████████▄▄▄▄▄█████████▄▄▄▄██████▄▄▄▄████████████
███████████████████████████████████████████████████████████████████
.DIWtoken.com.
▄██████████████████▄
███       ▀███████
███       █████████
███       █████████
███       █████████
███              ██
███   ▄▄▄▄▄▄▄▄   ███
███   ▄▄▄▄▄▄▄▄   ███
███              ███
███▄▄▄▄▄▄▄▄▄▄▄▄▄▄███
██████████████████▀

▄██████████████████▄
███████████▀ ███████
█████████▀   ███████
███████▀     ██▀ ███
███ ▀▀       █▄▄████
███          █▀▀▀▀██
███ ▄▄       ███████
██████▄     █▄ ▀███
█████████▄   ███▄███
███████████▄ ███████
▀██████████████████▀

▄██████████████████▄
████████████████████
███████████████▀▀ ██
█████████▀▀     ███
████▀▀     ▄█▀   ███
███▄    ▄██      ███
█████████▀      ▄██
█████████▄     ████
█████████████▄ ▄████
████████████████████
▀██████████████████▀
.

SECURITY DECENTRALIZED

FairTradeCab_Official
Jr. Member
*
Offline Offline

Activity: 30
Merit: 0


View Profile WWW
October 24, 2017, 02:16:14 PM
 #4

Hello and thank you for your interest!

I will answer your questions point by point however thanks to also note pages 32 to 34 in the white paper outline this process in depth:

How do you make drivers pay for your coin?

Drivers do not pay for the FTC coins. Drivers earn the coins from passengers as a payment for completing the rides. Then, the drivers have the choice to convert the FTC coins back to fiat when they wish by the simple touch of a button in our built-in app exchange.

And where will the passengers take this coin?

A passenger does not buy FTC coins manually. When the passenger confirm their booking, the ride cost is shown in fiat as well as ftc coins. If the passenger has the amount of FTC coins in their FTCC wallet already, then the exchange is not required. If the passenger does not have the required amount for the ride, the amount is charged at the current market price in fiat to the passenger credit card and then ftc coins are then put it passengers FTCC wallet for payment at the end of the ride to the driver.

Will they be automatically generated?

Yes. The FTC built-in app exchange manages this process automatically for all transactions. Fair Trade Cab has designed our app to be as easy to use as any other rideshare app making sure that even non-crypto users can benefit from the FTC payment process without the complexity.

Join the #FAIRFARE movement powered by crypto !
FairTradeCab_Official
Jr. Member
*
Offline Offline

Activity: 30
Merit: 0


View Profile WWW
October 27, 2017, 02:11:48 PM
 #5

To have a quick look under Fair Trade Cab's hood, check our :

- Investor deck: https://fairtradecab.io/FairTradeCab-QuickLookUndertheHood.pdf

- Presentation video: https://youtu.be/V2wXteZwOKA

As always, feel free to share your feedback, we will be happy to answer !


Join the #FAIRFARE movement powered by crypto !
duongtien86
Full Member
***
Offline Offline

Activity: 126
Merit: 100


Lucky Man


View Profile
October 27, 2017, 04:27:18 PM
 #6

To have a quick look under Fair Trade Cab's hood, check our :

- Investor deck: https://fairtradecab.io/FairTradeCab-QuickLookUndertheHood.pdf

- Presentation video: https://youtu.be/V2wXteZwOKA

As always, feel free to share your feedback, we will be happy to answer !



Good idea. However, i think Dev add bounty program or airdrop.

I will invert in your project. I like it

Good luck success!

▓▓▓▓▓▓▓▓▓▓    ▶▶▶▶ Get Your Free Tokens Now ◀◀◀◀  First PoS Smart Contract Token
    PoSToken       Free Airdrop ●  No-ICO ●  100% Annual Interest First Year
▓▓▓▓▓▓▓▓▓▓    ANN ●  WebSite  ●  Twitter  ●  Slack  ●  Whitepaper

http://bdsmtoken.io/
FairTradeCab_Official
Jr. Member
*
Offline Offline

Activity: 30
Merit: 0


View Profile WWW
October 27, 2017, 04:31:05 PM
 #7

Thanks a lot for your support !

Join the #FAIRFARE movement powered by crypto !
sangus
Member
**
Offline Offline

Activity: 98
Merit: 10


View Profile
October 30, 2017, 10:55:28 PM
 #8

Fair Trade Cab now listed on Sangus ICO Info: https://sangus.org/ico/953
FairTradeCab_Official
Jr. Member
*
Offline Offline

Activity: 30
Merit: 0


View Profile WWW
November 02, 2017, 12:56:10 PM
 #9



Dont miss the chance to be part of the revolution on ridesharing and join us on www.fairtradecab.io

Join the #FAIRFARE movement powered by crypto !
FairTradeCab_Official
Jr. Member
*
Offline Offline

Activity: 30
Merit: 0


View Profile WWW
November 07, 2017, 02:23:57 PM
 #10

Fair Trade Cab

Join the #FAIRFARE movement powered by crypto !
FairTradeCab_Official
Jr. Member
*
Offline Offline

Activity: 30
Merit: 0


View Profile WWW
November 17, 2017, 09:36:43 PM
 #11


You can now be a part of the project that will disrupt global on-demand transportation and will bring a fair rideshare solution powered by blockchain tech and fueled by cryptocurrency !

Join the #FAIRFARE movement on www.fairtradecab.io

Join the #FAIRFARE movement powered by crypto !
Destined2bGreat
Member
**
Offline Offline

Activity: 139
Merit: 10


View Profile
November 17, 2017, 10:00:57 PM
 #12

Where can I find your WP if you have it?

FairTradeCab_Official
Jr. Member
*
Offline Offline

Activity: 30
Merit: 0


View Profile WWW
November 17, 2017, 10:07:39 PM
 #13

Hello,

You can find our whitepaper on our website: www.fairtradecab.io or directly with this link https://www.fairtradecab.io/FairTradeCabWhitepaper1.0.pdf

Hope it helps !

Join the #FAIRFARE movement powered by crypto !
helen123
Member
**
Offline Offline

Activity: 126
Merit: 10


View Profile
November 18, 2017, 12:02:45 AM
 #14

What bonus on pre-sale and what minimum requirements for contribution?

FairTradeCab_Official
Jr. Member
*
Offline Offline

Activity: 30
Merit: 0


View Profile WWW
November 18, 2017, 12:11:43 AM
 #15



You can find more info on the Fair Trade Cab Token on our website https://www.fairtradecab.io/#Token


Join the #FAIRFARE movement powered by crypto !
FairTradeCab_Official
Jr. Member
*
Offline Offline

Activity: 30
Merit: 0


View Profile WWW
November 18, 2017, 06:54:30 PM
 #16



If you have any questions, feel free to ask!

Join the #FAIRFARE movement powered by crypto !
FairTradeCab_Official
Jr. Member
*
Offline Offline

Activity: 30
Merit: 0


View Profile WWW
November 20, 2017, 10:10:51 PM
 #17

The first Fair Ride on the Blockchain

Join the #FAIRFARE movement powered by crypto !
FairTradeCab_Official
Jr. Member
*
Offline Offline

Activity: 30
Merit: 0


View Profile WWW
November 21, 2017, 05:36:53 PM
 #18

The First Fair Ride on the Blockchain

Join the #FAIRFARE movement powered by crypto !
John.Verdon761232
Member
**
Online Online

Activity: 84
Merit: 10


View Profile
January 05, 2018, 11:54:55 AM
 #19

Hello! I am editor from icoholder.com. Your IСO was added to our listing and now is available to investors: https://icoholder.com/en/ico/fair-trade-cab-4289 You can edit your Page  by adding more information about your ICO after verification and also verify team members to improve ranking.
12SnaFFik12
Jr. Member
*
Offline Offline

Activity: 56
Merit: 0


View Profile
January 11, 2018, 12:39:40 PM
 #20

how to disinvest in the most simple way? I have no idea how to deposit my SMART tokens to etherdelta, is there any other way?
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!