[ANN] BitCab - Ridesharing 2.0 for the blockchain age

[sdfslei]

Hey there.  Who will have to rectify faults and compensate for losses in case of any troubles with the platform’s servers?

[BitCab]

Uber sometimes has problems with the law that forces the corporation to pay huge fines. Which country's legislation will govern you?

Thanks for your prudent question Immer.

Firstly, BitCab can never be held liable for any actions of any ecosystem participants:

The Platform ecosystem includes a wide range of participants executing different roles. Given current regulatory uncertainty, BitCab shall not be held liable for execution by the participants of any roles in the Platform ecosystem. The participants shall take full responsibility for the compliance with statutory requirements applicable to them, and shall hold BitCab harmless against any losses, damages or costs any participant suffers or incurs arising out of, relating to, or in connection with possible breach by such participant of applicable laws or requirements while executing any role on the Platform.

For any legal disputes the potential plaintiff will have to go through Kitts and Nevis courts:

BitCab Foundation is an independent entity registered in Saint Kitts and Nevis which will administer the funds with the sole purpose of developing and growing a successful, robust BitCab ecosystem. Saint Kitts and Nevis jurisdiction provides a robust legal framework modelled on Delaware corporate statutes as well as excellent tax and regulatory efficiency and stability as a democratic state and a Commonwealth realm with Queen Elizabeth II as head of state.

[unkletoken]

Will it be possible to work on BitCab without insuring your car in advance? It seems to me that this is too dangerous.

[holland35]

Good afternoon. Will the driver receive the reward if he places your logo on his car? This would be perfect advertisement.

[nothappend]

Who will select the cars for the vehicle park of the platform? Today u can face Uber drivers using awful old cars.

[Jeremy O`Brein]

I see you have already put a lot of work on this project.

[andrea101]

Didnt u come up with the idea to create a special sector for helicopters? I know that will cost a lot, but this option would be popular in large cities like New York or Moscow.

[16009]

Does the driver have to possess a car or is there a cooperation option within the framework of which the car can be rented?

[matthewtalbot]

Good afternoon. Will your token be protected by any kind of physical assets? I guess that the commodities would suit for this purpose.

[gavrosh]

Can u guarantee the growth of the value of the token in the first year after the launch of the platform? If so, tell me please, what the paces will be.

[ro777jer]

Will there be additional token emission if necessary? I guess that sooner or later there will be a propitious moment for such an operation.

[wmichast12]

What about settlement of agreements with the producers of the cars? I guess that you would be able to cooperate efficiently and mutually profitable.

[crick3698]

Hi. Is the main point that he token should be used in Bitcab ecosystem obligatory? Where can i find the full list of services involving this token?

[BitCab]

this project is quite good and done by a solid team, it looks like i love saw development this project. how the hard cap and soft cap? hopefully the team in this project can reach the target who want.

Thank you princehandsome!

Our soft cap $0.5m, while we are not limited to any hard cap, however the speed to get at our destination will depend on the capital raised.
We have developped several scenarions of our upgrowth depending on the capital raised. You may find it in our White Paper (page 26-27).
https://bitcab.io/BitCab_WhitePaper.pdf

[BitCab]

Will it be possible to work on BitCab without insuring your car in advance? It seems to me that this is too dangerous.

Thanks for your quesion unkletoken,
Vehicle insurance is obligatory in most of countries, and BitCab will comply with local policies in this question.
Approvers of the BitCab ecosystem will check the documents of new drivers. After receiving approval driver will have access to the platform.

[BitCab]

Good afternoon. Will the driver receive the reward if he places your logo on his car? This would be perfect advertisement.

Thank you for your participation holland35.
At the moment we do not consider such advertising.

[BitCab]

I see you have already put a lot of work on this project.

Thank you Jeremy O`Brein!
We did, however the main part of the work is yet to come.

[BitCab]

Who will select the cars for the vehicle park of the platform? Today u can face Uber drivers using awful old cars.

Thank you nothappend!

The cars will be selected by the drivers, however Offline Approvers will survey their cars based on BitCab guidelines.

[BitCab]

Will there be additional token emission if necessary? I guess that sooner or later there will be a propitious moment for such an operation.

Thank you ro777jer,
The tokens will be issued according to the smart contracts. Please look at the following picture explaining how the BitCab blockchan will generate tokens.
https://bitcab.io/images/work-img.png

[waitsummer]

Good afternoon. Do i understand correctly that the CAB tokens will be necessary to pay for transaction made in fiat?