[ANN] BitCab - Ridesharing 2.0 for the blockchain age

[waitsummer]

Good afternoon. To my knowledge, using Proof-of-Work interferes with the scaling of blockchain. Why did you decide to choose this very approach?

[dort]

Do I have to rate the driver after the ride? Sometimes I just don’t want or just can’t do this.

[g8stTDas]

Hi. Your model I very similar to Steemit so I’d like to clarify what are the main differences and what improvements exactly were invented by the Bitcab team.

[spottcoin]

Today it’s incredibly difficult to retain the drivers solely due to financial motivation. How are you planning to solve this problem?

[bars_kz]

What’s the difference between LT and CAB? I’ve tried to read the WP, but it’s written in a too complicated way for a person who isn’t familiar with crypto-currencies at all.

[rdizza]

Good afternoon. Lets’s say I want to exchange LT tokens to CAB on the internal exchanger. Will its rate be stable always?

[MadduckUK]

Hi there. Aren’t you afraid that the local agencies working on the base of your platform will overtake you in terms of development paces?

[sinfazat22ron]

Are the drivers fined for bad feedback left by the user? Or people aren’t always objective?   

[momo]

Aren’t you afraid that the passenger will have to overpay for a ride ‘cause of such a branchy referral system?

[scifilover]

Does it turn out that i can exchange my tokens allocated to the long-term investment any time? Or will i have to tell the platform’s staff about this in advance?

[shema65]

What advantages will LT token holders have over CAB token holders? Do they have any at all?

[bit679]

Do LT tokens work in the same way as tokens in Steemit do? Or are there any differences?

[omorbalsamhill1]

Hi there. Will there be kinda internal voting mechanism in Bitcab? I’d like to make decisions related to the development of the project.

[BitCab]

Hey there. You reward systems reminds me one used in MLM-marketing. Or were inspired buy anything else?

Thank you, Veecker!
Our loyalty system was inspires by succesfull case of Steemit, there participants are rewarded with tokens for actvity in the ecosystem.

[BitCab]

Are all these funds distributed among the Champions and their referrals charged from a driver or a passenger? Who pays the commissions?

Thank you gazman!
The rewards to the Champion and their referals are generated by the BitCab blockchain.

[BitCab]

Inflation is a common thing not only for fiat currencies, but also for most of means of payment. Do you have a clear plan on protection of BitCab from depreciation?

Thank you, shara!
That is very important question!
we have studied this issue in details. The inflation is under control when the growth of the ecosystem (GDP growth) is approximately the same as Money supply growth.
In real world however it even happens that even money supply can grow faster than the GDP and inflaion
Look at the picture showing the USA's indicators.
https://bitcab.io/images/2018-01-30.jpg

[martbruce]

Good afternoon As far as i understand, only LT tokens will be used for bonus programs. Right? Or will the bonus funds filled with both types of tokens?

[ptbs]

You believe that the LT tokens will make the drivers remain your employees, but i think that it’s possible only if you provide them with an opportunity to exchange them to fiat any time. What’s your opinion?

[Veecker]

Hi there. How often will the amount of dividends of those ones who agreed not to sell the tokens for next 5 years increase? I wanna be sure that my faith will be rewarded generously.

[rdizza]

Today the companies offering to insure the tokens gain popularity. Does BitCab plan to cooperate with at least one of them?